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

Cignal TV posts 1-M subscribers goal as exec announces mobile streaming service 4:19 pm | Tricia Aquino, InterAksyon.com Pay-TV provider Cignal TV reached its 2015 target of one million subscribers in August, making it the first pay-TV provider to do so in the Philippines and overtaking its competitors, company executive announced Thursday.

SPEECH | At business forum, Binay vows: Cha-cha, better infra, sanctity of contracts SPEECH | At business forum, Binay vows: Cha-cha, better infra, sanctity of contracts 3:23 pm | InterAksyon.com | JV Arcena, News5 UPDATE 3:58 PM-Promising a more consultative, inclusive and facilitative presidency, Vice President Binay told foreign and local businessmen Thursday he will champion policies and programs…

Foreigners must pay P9,000 for job permit as part of work visa requirements Foreigners must pay P9,000 for job permit as part of work visa requirements 12:47 pm | InterAksyon.com Non-Filipinos who wish to work in the Philippines need to pay P9,000 for an Alien Employment Permit that is part of the requirements for a…

#WALANGKURYENTE | 2 Nueva Ecija towns to experience 11-hour power interruption today #WALANGKURYENTE | 2 Nueva Ecija towns to experience 11-hour power interruption today 10:07 am | Philippines News Agency Two towns in this province will experience an 11-hour power interruption today, Thursday, said the National Grid Corporation of the Philippines (NGCP).

Bill Gates asks: \ Bill Gates asks: 'Who will suffer most from climate change?' 9:44 am | Philippines News Agency "Who will suffer most from climate change?" Bill Gates posed this question in his latest blog post.

Bangko Sentral to fund relocation site for informal settlers of Fort San Pedro in Iloilo City Bangko Sentral to fund relocation site for informal settlers of Fort San Pedro in Iloilo City 9:15 am | Philippines News Agency The Bangko Sentral ng Pilipinas (BSP) has assured financial aid for the establishment of a relocation site for more than 350 informal settlers residing at…

IMF: Impact of China slowdown larger than expected IMF: Impact of China slowdown larger than expected 8:11 am | Agence France-Presse China's economic slowdown is having a broader impact on the global economy than originally expected, especially on emerging markets, the International Monetary Fund said late…

CDC signs P135-M zoo project to develop 20-ha land within Clark subzone 7:33 am | Jess Malabanan, InterAksyon.com CDC signs P135-M zoo project to develop 20-ha land within Clark subzoneA 20-hectare land within the Clark subzone would be developed into a sanctuary for wildlife complemented with a theme park, adventure facilities and other recreational and commercial activities following the signing of P135-million zoo project.

Canada officially falls into recession 8:50 am | Agence France-Presse Canada officially falls into recessionCanada fell into recession in the first half of the year, posting its weakest results since the 2008 global financial crisis, government data confirmed Tuesday.

House panel to make final push for lower income tax rates within the fortnight 5:22 pm | Lira Dalangin-Fernandez, InterAksyon.com House panel to make final push for lower income tax rates within the fortnightThe 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 11:07 am | InterAksyon.com Home, car loans push up banks consumer lending by 3.36% - BSPA 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 Bangko Sentral ng Pilipinas reported Tuesday.

TIPID TUBIG! With stronger El Nino, Metro Manila to feel weaker water pressure starting next week 10:17 am | InterAksyon.com TIPID TUBIG! With stronger El Nino, Metro Manila to feel weaker water pressure starting next weekThe stronger El Nino will affect the water supply in Metro Manila and its impact may be felt next Tuesday without rains to help fill Angat Dam this week, private water concessionaire for parts of the metropolis Maynilad Water said Tuesday.

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

Asian stocks set for worst monthly drop in three years on global rout 12:02 pm | Reuters Asian stocks set for worst monthly drop in three years on global routMSCI'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 market is closed for a public holiday.

Foreign business groups to govt: Create National Privacy Commission 1:27 pm | Kris M. Crismundo, Philippines News Agency Foreign business groups to govt: Create National Privacy CommissionThe Joint Foreign Chamber of the Philippines (JFC) has urged the government for the immediate establishment of the National Privacy Commission (NPC) in order for the Data Privacy Act of 2012 to take effect.

PH sees trade with APEC members rising over 6.8% yearly 7:27 am | Leslie D. Venzon, Philippines News Agency PH sees trade with APEC members rising over 6.8% yearlyThe Philippines, which the to Asia Pacific Economic Cooperation (APEC) summit this year, sees its trade with 20 other APEC member economies increasing by over 6.8 percent annually to about $109.62 billion in 2015.

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.