PSEi up, Peso weakens after martial law declaration in Mindanao

The Philippine Stock Exchange index (PSEi) remained strong Wednesday following President Rodrigo Duterte's declaration of martial law in Mindanao, but the peso shed against the US dollar.

Duterte-Putin meeting pushes through despite PH leader’s early return home

Despite President Rodrigo Roa Duterte's decision to abruptly cut short his official visit to Russia in order to deal with the Marawi standoff, the Philippine president still had a chance to meet with Russian Federation President Vladimir Putin at the Kremlin. Putin noted the opportunities for expanding bilateral economic relations, and agreed to let the business meetings proceed even after Duterte's abrupt homecoming flight.

Industry groups says sugar tax will hurt business, farmers; asks Congress to reconsider

The Federation of Philippine Industries (FPI) is opposing the imposition of a P10 per liter excise tax on sugar-sweetened drinks, saying this will hurt both industry and the farmers.

Senate OKs work-from-home bill on final reading

The Senate has approved on third and final reading a measure to allow companies to offer a telecommuting program to its employees in efforts to ease traffic congestion in Metro Manila and other urban cities.
Manuel V Pangilinan

WATCH | Heads up: PXP Chair Manny V. Pangilinan warns Malampaya will soon run out of gas, seeks alternative...

PXP Energy Corporation (PXP) Chairman Manuel V. Pangilinan has sounded an urgent heads-up regarding a possible looming crunch in energy supply for the electricity...

WATCH | Distracted drivers or implementors? ‘OA’ Agencies hit for over-stretching ADDA law, IRR review sought

Lawmakers have called for a review of the implementing rules and regulations of the Anti-Distracted Driving Act (ADDA) as commuter safety advocates warned against "over-stretching" the law with the numerous controversial bans imposed on motorists by transport agencies.
President Rodrigo Duterte has reorganized the Cabinet Cluster system to better reflect his 10-Point agenda, adding an Infrastructure cluster that is seen to ensure a seamless coordination among agencies involved in the P8-trillion "Build Build Build" program.

APEC meeting tackles changing landscape in Trump’s ‘America First’ world

Ministers from Asia-Pacific countries discussed the changing global trade landscape on Saturday after US President Donald Trump upended the old order with an "America First" policy that has sparked fears of protectionism.
Manuel V. Pangilinan.

MVP expresses optimism beyond soft Q1 growth

The business community manifested a somewhat surprised mood at the slower growth of the economy for the first three months this year, prompting Manuel...

P2-billion EU grant to DOH won’t be affected by Duterte gov’t’s rejection of Europe aid

Although the Philippine government has slammed the door on the European Union, the latter's P2-billion aid to the Department of Health won't be included in the grants that the Duterte administration had rejected.

House targets to pass ‘egalitarian’ tax reform bill by end of May

Albay Rep. Joey Salceda described the proposed CTRP as “the most radical in the history of the country since 1946, and is very well studied, very comprehensive, most finely-balanced tax measure ever since World War 2.”

Alpha Aviation Group gets state-of-the-art flight simulator to boost pilots’ competitiveness

With the high demand for pilots of wide- bodied aircraft globally, Alpha Aviation Group has moved to ensure its students can keep pace with the current technology by acquiring a flight simulator – A330 with A340 functionality. It thus becomes the first flying school in the country to secure such multi-million dollar equipment for its cadets.

Want to see Banaue’s terraces sans the long land trip? New route flies you there.

A flight route has been opened to famous tourist destinations in the far north, and it is being touted to end the long journey by foreign and local tourists eager to reach such destinations as the UNESCO world heritage site, the Banaue Rice Terraces.