Facebook samples China’s potential with sneaky app

SHANGHAI -- Facebook’s sneaky launch of a photo-sharing app in China, where its social network is banned, gives it a small taste of the...

Stocks climb further on earnings, easing tensions

LOCAL EQUITIES climbed on Wednesday amid easing geopolitical tensions and as investors reacted to corporate results at the close of the earnings season. The 30-member Philippine Stock...

Climate change will cut crop yields — study

CLIMATE CHANGE will have a negative effect on key crops such as wheat, rice, and maize, according to a major scientific report out Tuesday...

DPWH vetting C3 elevated expressway proposal

DEPARTMENT of Public Works and Highways (DPWH) Secretary Mark A. Villar said the agency is studying the unsolicited proposal of AC Infrastructure Holdings Corp....

Japan, US conduct live-fire drill amid regional tension over Pyongyang

ENIWA -- Some 300 Japanese and US military personnel on Wednesday carried out live-fire artillery training in northern Japan, officials said, amid high regional...

Landbank net income up in 1st half

STATE-OWNED Land Bank of the Philippines (Landbank) saw its bottom line rise in the first half of the year, surpassing its mid-year projections, with...

Peso slips ahead of GDP report

THE PESO ended almost flat versus the dollar on Wednesday but still logged another near 11-year low due to domestic corporate demand and ahead...

Farm growth fuels Q2 GDP hopes

FARM OUTPUT last quarter turned around from a year-ago decline, growing faster than January-March’s expansion due to the past year’s low base, the Philippine...

Remittances in June biggest in three months

By Melissa Luz T. Lopez Senior Reporter MONEY SENT HOME by overseas Filipino workers (OFWs) -- a driver of household spending that contributes more than 73%...

Economic managers pitch PHL opportunities to investors in Singapore

ECONOMIC MANAGERS of President Rodrigo R. Duterte flew to Singapore this week to woo more foreign firms to invest in the Philippines, branding the...

Higher metals prices boost value of PHL output

THE Mines and Geosciences Bureau said the value of metals produced in the first half rose 4.27% from a year earlier, after miners obtained...

Central bank likely to hike rates within 2017 as inflation picks up

By Melissa Luz T. Lopez, Senior Reporter THE Bangko Sentral ng Pilipinas (BSP) will still have to raise interest rates by yearend to keep up with...