The Department of Agriculture plans to crack the whip on retailers selling rice beyond the suggested retail prices.

Artificial intelligence is unlikely to displace Filipino workers in the medical outsourcing industry, the Healthcare Information Management Association of the Philippines said Tuesday.

Nigeria, Singapore and India are among countries fueling the gap between the super-rich and poor, aid agency Oxfam said on Tuesday as it launched an index spotlighting those nations doing least to bridge the divide.

Though power rates are down for the past two months, Meralco on Tuesday said it cannot guarantee that the trend will continue until the Christmas season.

Asian shares hit 17-month lows on Tuesday as investors fretted about everything from the Chinese economy, to trade wars, higher US bond yields and political dysfunction in Europe.

The United States remains concerned about the weakening of China's currency and the trade imbalances but Treasury Secretary Steven Mnuchin has no meetings scheduled with negotiators from Beijing this week, US officials said Monday.

The tech-heavy Nasdaq fell on Monday for the third straight day as a sell-off in Chinese markets sparked concerns about slowing global economic growth, though the S&P 500 pared losses to end nearly flat.

A new law allowing 100 percent foreign ownership of companies in the United Arab Emirates will only apply to some sectors of the economy, limiting the risk that it could disrupt existing business, Dubai investment officials told Reuters.

Qatar's decision to abolish its controversial exit visa system will come into force by the end of October, a leading global trade union official said Monday.

US stock indexes were lower on Monday, pressured by a drop in technology and energy companies and muted appetite for equities after last week's spike in Treasury yields following healthy economic data.

Brace for higher prices of other flour-based food as international wheat price continue to soar. 

Philippine share prices fell for the third consecutive trading day on Monday, dragged by the lack of positive catalysts.  

Diesel and gasoline prices have increased by more than P10 per liter since January this year.  

The Philippine peso appreciated against the US dollar for the second consecutive trading day on Monday, fueled by what the market considered as slower-than-expected inflation figures.  

Japan would welcome Britain «with open arms» into a Trans Pacific trade pact, Prime Minister Shinzo Abe told the Financial Times on Sunday.

Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China's markets prepare to reopen following a week-long holiday and after its central bank cut banks' reserve requirements in a bid to support growth.

Pump prices of petroleum products are going up for the ninth consecutive weekly increase on Tuesday, October 9.  

Flag carrier Philippine Airlines has warned the public against buying cheap tickets sold by scammers on various social media sites.

Electronic payments service provider TrueMoney Philippines is on track to have over 20,000 receiving centers by this quarter, in line with the company's expansion plans.

Households can expect a drop in the overall electricity rates this October, according to the Manila Electric Company (Meralco).

The US transportation sector, which many see as a proxy indicator of the economy's health, has retreated 3.1 percent from its Sept. 14 record, hinting to some analysts that the longest bull market on record has entered its late stages.

The Philippines’ gross international reserves (GIR) has shrunk  to a seven-year low in the first nine months of 2018 due to outflows related to Bangko Sentral ng Pilipinas’ foreign exchange operations.  

The second round of increases in fuel excise taxes scheduled in January 2019 should be suspended to arrest the impact of skyrocketing prices of commodities, which hit a fresh nine-year high last month, economists said Saturday.

Philippine inflation jumped to an almost 10-year high in September, data showed Friday, putting pressure on President Rodrigo Duterte to act as the cost of food and fuel hit the country's poor in the pocket.  

The Duterte administration should suspend the second round of increases in fuel taxes starting January 2019 and increase the supply of state-subsidized rice in the market  to arrest the unabated hikes in the prices of basic goods, opposition lawmakers from the Liberal Party said on Friday.

Dennis Uy-led shipping firm Chelsea Logistics Corp. was expanding its fleet with the launch of two new vessels, an investment worth around $50 million.

US stocks were little changed on Friday, kept in check by Treasury yields at seven-year highs after the September jobs report did little to alter the view that the Federal Reserve would continue to gradually raise interest rates.

The Philippine peso rebounded against the US dollar on Friday as the slower-than-expected September inflation rate provided support for the local unit.  

Presidential spokesperson Harry Roque: «Asahan ninyo po na hindi tayo matutulog sa pansitan.»

Philippine share prices traded flat to close slightly lower on Friday as the below-than-expected September inflation rate failed to move the market.

Department of Finance (DOF) Assistant Secretary Tony Lambino on Friday attributed the increase of prices of food products to Typhoon Ompong, saying this contributed to the surge of inflation rate.  

DHAKA, Bangladesh -- The slow judicial process in the Philippines is hampering efforts to recover millions of dollars of money stolen from the Bangladesh government and laundered to a Manila bank, in one of the biggest cyber bank heists in the world in 2016, Dhaka’s central bank chief legal counsel said.

Customs personnel have recovered 16,000 of the over 23,000 sacks of rice that were reported missing in Zamboanga City.

The possibility of another interest rate hike this year is still on the table despite the slower-than-expected September inflation, the Bangko Sentral ng Pilipinas (BSP) said Friday.  

A two-day unloading of US Treasuries pushed their yields to multiyear peaks on Thursday as robust economic data and hawkish speeches by Federal Reserve officials stoked concerns about inflation, hitting Wall Street and stock markets globally.