TODAY'S BUSINESS HEADLINES

Philippines to halt sugar exports amid strong domestic demand 28-Aug-15, 8:52 PM | Orti Despuez, InterAksyon.com

Peso trades sideways at close of week 28-Aug-15, 8:41 PM | Philippines News Agency

Philippine stock index closes week near 7,100 28-Aug-15, 7:12 PM | Philippines News Agency

Bank lending sustains growth at start of third quarter 28-Aug-15, 6:06 PM | InterAksyon.com

Business confidence cools in third quarter 28-Aug-15, 6:28 PM | InterAksyon.com

House panel to make final push for lower income tax rates within the fortnight 5:22 pm | Lira Dalangin-Fernandez, InterAksyon.com The ways and means committee at the House of Representatives vowed to make a final push in the next two weeks to get the bill lowering the income tax rates approved at the committee level.

Home, car loans push up banks consumer lending by 3.36% - BSP Home, car loans push up banks consumer lending by 3.36% - BSP 11:07 am | InterAksyon.com A steady rise in home and car loans in the first quarter pushed consumer lending by banks in the first quarter to P932.8 billion, the…

TIPID TUBIG! Without rains, Metro Manila to feel weaker water pressure starting next week TIPID TUBIG! Without rains, Metro Manila to feel weaker water pressure starting next week 10:17 am | InterAksyon.com The stronger El Nino will affect the water supply in Metro Manila and its impact may be felt next Tuesday without rains to help fill…

More power plant operators violating \ More power plant operators violating 'must-offer' rule, says spot market operator 12:10 pm | Philippines News Agency PEMC logged 1,611 cases between February 2014 and June 2015.

Asian stocks set for worst monthly drop in three years on global rout Asian stocks set for worst monthly drop in three years on global rout 12:02 pm | Reuters MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.8 percent and is set for its worst monthly drop since May 2012. The Philippine stock…

Foreign business groups to govt: Create National Privacy Commission Foreign business groups to govt: Create National Privacy Commission 1:27 pm | Kris M. Crismundo, Philippines News Agency The Joint Foreign Chamber of the Philippines (JFC) has urged the government for the immediate establishment of the National Privacy Commission (NPC) in order for…

PH sees trade with APEC members rising over 6.8% yearly PH sees trade with APEC members rising over 6.8% yearly 7:27 am | Leslie D. Venzon, Philippines News Agency The Philippines, which the to Asia Pacific Economic Cooperation (APEC) summit this year, sees its trade with 20 other APEC member economies increasing by over…

VIDEO | Customs Chief Lina clarifies balikbayan box issue with OFWs 3:48 am | Beverly Natividad, News5 VIDEO | Customs Chief Lina clarifies balikbayan box issue with OFWs“Today is not about collecting revenues. This day is about assuring OFWs that we are listening and we will make sure that we move forward on this issue together,” Customs Commissioner Alberto Lina said during a dialogue with OFW groups Friday.

G Liner bus company taps PLDT for GPS monitoring devices 9:09 pm | Cassandra Lee, InterAksyon.com G Liner bus company taps PLDT for GPS monitoring devicesThe installation of GPS devices is in line with a government move to require such gadgets in buses and prevent accidents.

Philippines to halt sugar exports amid strong domestic demand 8:52 pm | Orti Despuez, InterAksyon.com Philippines to halt sugar exports amid strong domestic demandProduction for the 2015-2016 crop year is expected to approximate domestic demand.

Peso trades sideways at close of week 8:41 pm | Philippines News Agency Peso trades sideways at close of weekFor next week, the exchange rate is expected to range from P46.60 to P46.90 to a dollar.

Bidders for output of Steag-Aboitiz plant in Misamis Oriental down to 6 8:03 pm | Philippines News Agency Bidders for output of Steag-Aboitiz plant in Misamis Oriental down to 6Twelve firms initially bought bid documents for the right to administer the output of the plant.

Atlas Mining back in black in second quarter 7:31 pm | Philippines News Agency Atlas Mining back in black in second quarterRevenue grew 6 percent year-on-year in the second quarter.

Philippine stock index closes week near 7,100 7:12 pm | Philippines News Agency Philippine stock index closes week near 7,100Advancers outnumbered decliners, 129 to 46.

Business confidence cools in third quarter 6:28 pm | InterAksyon.com Business confidence cools in third quarterThe third-quarter slowdown brought about by the rainy season is among the factors behind the less bullish outlook.

Bank lending sustains growth at start of third quarter 6:06 pm | InterAksyon.com Bank lending sustains growth at start of third quarterDemand for bank credit fueled the growth in money supply last July.

Can a traffic czar solve the mess? Expanded PNR trains, ferries also pushed 3:10 pm | InterAksyon.com | JV Arcena, News5 Can a traffic czar solve the mess? Expanded PNR trains, ferries also pushedUPDATE 4:12 P.M.- The Management Association of the Philippines wants President Aquino to appoint a 'traffic czar' for Metro Manila's perennial traffic woes. The Palace soft-pedalled on the odd-even option to reduce cars on the road; and VP Binay urged expansion of trains, ferry systems.

Cebu Pacific seeks more flights to Taiwan 11:43 pm | Cassandra Lee, InterAksyon.com Cebu Pacific seeks more flights to TaiwanThe carrier is requesting for 5,850 more weekly seats.

Government taps online job-matching site Kalibrr to help fill vacancies 11:22 pm | Rain Castro, InterAksyon.com Government taps online job-matching site Kalibrr to help fill vacanciesDBM and Kalibrr today signed an agreement in which the startup would post government vacancies free of charge for a year.

Philippine stock index returns above 7,000 10:57 pm | InterAksyon.com Philippine stock index returns above 7,000Advancers edged out decliners, 139 to 45.

For 1.8-billion global Muslim market, completion of national halal lab in Koronadal eyed by 2016 10:43 am | Philippines News Agency For 1.8-billion global Muslim market, completion of national halal lab in Koronadal eyed by 2016The Department of Science and Technology (DOST) in Region 12 is pushing for the full completion of the Philippine National Halal Laboratory complex in nearby Koronadal City by next year.

Mall tycoon Henry Sy remains Philippines' richest for 8th consecutive year 10:35 am | InterAksyon.com Mall tycoon Henry Sy remains Philippines\Newcomers are manufacturer Dean Lao, and media moguls Oscar Lopez and Fred Elizalde.

Philippine economy picks up in second quarter on infra spending 10:06 am | Rain Castro, InterAksyon.com Philippine economy picks up in second quarter on infra spendingPhilippine GDP grew 5.6 percent in the second quarter.