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Saturday, February 23, 2019
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Jeepney drivers tariff expense

With rolled back fare, jeepney drivers will pay for another round...

Passengers in Metro Manila, Central Luzon and Calabarzon will soon be enjoying the cheaper jeepney base fare of P9 after the government rolled back...
A woman walks by a Huawei logo at a shopping mall in Shanghai

U.S. probe of China’s Huawei includes bank fraud accusations — sources

WASHINGTON — Chinese telecoms giant Huawei Technologies Co Ltd's chief financial officer was arrested as part of a U.S. investigation into an alleged scheme...
Singles Day shopping

3 shopping destinations dominate online Filipinos’ buzz on Singles Day

The 10th year of the Singles Day shopping festival was a success in the Philippines, specifically in terms of brand engagement on social media. Lazada...

Philippines plans $4.97-billion domestic borrowing in Q4

MANILA—The Philippines plans to raise as much as P270 billion pesos from the sale of treasury bills and bonds in the fourth quarter, the same amount...
Bangko Sentral ng Pilipinas

Philippines central bank to show strong policy action — deputy governor

LONDON — The Philippines central bank will take "very strong" action at its meeting on Thursday, deputy governor Diwa Guinigundo said on Tuesday, a move likely to...

Oil near 4-yr high as producers resist output rise to offset...

SINGAPORE— Oil prices on Tuesday were within reach of four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness...
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MANILA — The Philippine central bank signaled a fourth hike in its benchmark interest rates this year, a central bank official said on Tuesday, as policymakers boost efforts to tame a nearly decade-high inflation and support the local currency. "We have...
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San Miguel says confident investors will buy stake in food unit

MANILA— San Miguel Corp. said on Wednesday it was confident of attracting investors to buy up to a $2.7 billion stake in its food...

Inflation 2018: A look at the very, very, very expensive red...

(Updated 10:23 p.m.) Consumers got alarmed over the price hike of red chili peppers or siling labuyo from around P150 per kilo in February...

Understanding inflation and why it is spreading anxiety and worry

Economists and consumers are worried about the adverse effects of the 6.4 percent inflation rate recorded for August 2018. The Philippine Statistics Authority presented the...
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Oil exploration deal

Oil markets muted as U.S.-China trade war remains unresolved

SINGAPORE- Oil markets were steady on Friday as the unresolved trade dispute between Washington and Beijing muted activity. Brent crude oil futures were at $74.50...

Vietnam telecom firm Viettel eyes Philippine market

HANOI— Vietnamese telecommunication company Viettel has set its sights on the Philippines as the next destination in its overseas expansion drive, the company said on Thursday,...

Dollar slips, yen strengthens on Trump’s Fed criticism

TOKYO - The dollar slipped against the yen and a basket of major peers on Tuesday after U.S. President Donald Trump said he was...
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