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Security Bank seeks investors in London, Singapore, Hong Kong

Security Bank Corp. is seeking investors for its $1-billion medium-term note program, according to a regulatory filing submitted by Security Bank investor relations head Ropi Dangazo.
GMA News Online / Money / Economy

Security Bank seeks investors in London, Singapore, Hong Kong

Security Bank Corp. is seeking investors for its $1-billion medium-term note program, according to a regulatory filing submitted by Security Bank investor relations head Ropi Dangazo.

Construction, financial activities lift bank lending in July --BSP

Bank lending continued to expand in July, led by construction and financial activities, data released by the Bangko Sentral ng Pilipinas showed Friday.
GMA News Online / Money / Economy

Construction, financial activities lift bank lending in July --BSP

Bank lending continued to expand in July, led by construction and financial activities, data released by the Bangko Sentral ng Pilipinas showed Friday.

Villanueva wants to ‘wait a little longer’ before TRAIN 2 passage

Senator Joel Villanueva on Thursday suggested putting off the implementation of the second package of the Tax Reform Acceleration and Inclusion Law.
GMA News Online / Money / Economy

Villanueva wants to ‘wait a little longer’ before TRAIN 2 passage

Senator Joel Villanueva on Thursday suggested putting off the implementation of the second package of the Tax Reform Acceleration and Inclusion Law.

Wall Street lower on China tariff worries

U.S. stocks fell on Thursday, after four days of gains, weighed down by weak results from retailers and on rising concerns over the U.S.-China trade war that has weighed on markets for most of the year.
GMA News Online / Money / Economy

Wall Street lower on China tariff worries

U.S. stocks fell on Thursday, after four days of gains, weighed down by weak results from retailers and on rising concerns over the U.S.-China trade war that has weighed on markets for most of the year.

Peso rebounds on soothing effects of NAFTA talks

The Philippine peso rebounded against the US dollar on Thursday, following the North American Free Trade Agreement talks that helped to soothe global trade tensions.
GMA News Online / Money / Economy

Peso rebounds on soothing effects of NAFTA talks

The Philippine peso rebounded against the US dollar on Thursday, following the North American Free Trade Agreement talks that helped to soothe global trade tensions.

CA upholds ruling banning motorcycles with sidecars on expressways

The Court of Appeals (CA) has upheld a lower court's decision that banned motorcycles with sidecars on Philippine expressways.
GMA News Online / Money / Economy

CA upholds ruling banning motorcycles with sidecars on expressways

The Court of Appeals (CA) has upheld a lower court's decision that banned motorcycles with sidecars on Philippine expressways.

PT&T hopes to resume trading on PSE this year

Philippine Telegraph and Telephone Corp. said Thursday it is optimistic about resuming trading on the Philippine Stock Exchange to help its bid for the third telco slot.
GMA News Online / Money / Economy

PT&T hopes to resume trading on PSE this year

Philippine Telegraph and Telephone Corp. said Thursday it is optimistic about resuming trading on the Philippine Stock Exchange to help its bid for the third telco slot.

Villar wants to impose price ceiling on rice

Senator Cynthia Villar is calling for the setting of price ceiling on rice amid the crisis declared in the Zamboanga-Basilan-Sulu-Tawi-Tawi (Zambasulta) area due to skyrocketing prices of the commodity.  
GMA News Online / Money / Economy

Villar wants to impose price ceiling on rice

Senator Cynthia Villar is calling for the setting of price ceiling on rice amid the crisis declared in the Zamboanga-Basilan-Sulu-Tawi-Tawi (Zambasulta) area due to skyrocketing prices of the commodity.  

Sen. Villar on legalizing rice smuggling: It ‘is economic sabotage’

Senator Cynthia Villar on Thursday slammed the idea of legalizing rice smuggling in the Zamboanga-Basilan-Sulu-Tawi-Tawi area to address a supply shortage and rising prices of the commodity.
GMA News Online / Money / Economy

Sen. Villar on legalizing rice smuggling: It ‘is economic sabotage’

Senator Cynthia Villar on Thursday slammed the idea of legalizing rice smuggling in the Zamboanga-Basilan-Sulu-Tawi-Tawi area to address a supply shortage and rising prices of the commodity.

Gatchalian urges DOE to cancel order for oil firms to sell Euro 2 diesel

Senator Sherwin Gatchalian is urging the Department of Energy to cancel an order directing oil companies to sell Euro 2-compliant diesel, which is cheaper but dirtier than the globally accepted Euro 4 emission standards for vehicles.
GMA News Online / Money / Economy

Gatchalian urges DOE to cancel order for oil firms to sell Euro 2 diesel

Senator Sherwin Gatchalian is urging the Department of Energy to cancel an order directing oil companies to sell Euro 2-compliant diesel, which is cheaper but dirtier than the globally accepted Euro 4 emission standards for vehicles.

Asia stocks rise as trade optimism extends Wall Street's bull run

TOKYO -- Asian stocks rose on Thursday as Wall Street hit record highs in the hope that the current North American Free Trade Agreement (NAFTA) negotiations will lead to a further easing of global trade tensions.
GMA News Online / Money / Economy

Asia stocks rise as trade optimism extends Wall Street's bull run

TOKYO -- Asian stocks rose on Thursday as Wall Street hit record highs in the hope that the current North American Free Trade Agreement (NAFTA) negotiations will lead to a further easing of global trade tensions.

LTFRB says P5,000 Pantawid Pasada enough for jeepney drivers

Land Transportation Franchising and Regulatory Board Chairman Martin Delgra said Thursday that the P5,000 cash card for the Pantawid Pasada program was enough to pay for the fuel expenses of jeepney drivers.
GMA News Online / Money / Economy

LTFRB says P5,000 Pantawid Pasada enough for jeepney drivers

Land Transportation Franchising and Regulatory Board Chairman Martin Delgra said Thursday that the P5,000 cash card for the Pantawid Pasada program was enough to pay for the fuel expenses of jeepney drivers.

DTI eyes dialogue with traders regarding high chicken prices

The Department of Trade and Industry (DTI) is seeking dialogue with traders following the «unreasonable» increase in the prices of chicken in the market as witnessed by DTI personnel during a recent inspection.
GMA News Online / Money / Economy

DTI eyes dialogue with traders regarding high chicken prices

The Department of Trade and Industry (DTI) is seeking dialogue with traders following the «unreasonable» increase in the prices of chicken in the market as witnessed by DTI personnel during a recent inspection.

PCSO wants proposed cancer control fund taken from charity pool

“It is our belief that the objectives of the Universal Healthcare and NICCP are complementary. Such that we humbly appeal that our funds pooled under UHC, which is 40 percent of our net charity fund, which amounts to P7.2 billion to P8 billion a year be con
GMA News Online / Money / Economy

PCSO wants proposed cancer control fund taken from charity pool

“It is our belief that the objectives of the Universal Healthcare and NICCP are complementary. Such that we humbly appeal that our funds pooled under UHC, which is 40 percent of our net charity fund, which amounts to P7.2 billion to P8 billion a year be considered as inclusive of our support for palliative care under NICCP,” PCSO chairman Anselmo Simeon Pinili said.

House probe sought on importation of rice bags with ‘bukbok’

Progressive lawmakers from the House of Representatives on Wednesday filed a resolution seeking an investigation into the importation of 330,000 sacks of rice found infested with rice weevils or 'bukbok.'
GMA News Online / Money / Economy

House probe sought on importation of rice bags with ‘bukbok’

Progressive lawmakers from the House of Representatives on Wednesday filed a resolution seeking an investigation into the importation of 330,000 sacks of rice found infested with rice weevils or 'bukbok.'

Wall Street up slightly as tech stocks gain

U.S. stocks rose slightly on Wednesday, lifted by technology stocks, though gains were limited as investors awaited progress on U.S.-Canada trade talks and eyed a deadline for consultations on the next round of China-U.S. tariffs.
GMA News Online / Money / Economy

Wall Street up slightly as tech stocks gain

U.S. stocks rose slightly on Wednesday, lifted by technology stocks, though gains were limited as investors awaited progress on U.S.-Canada trade talks and eyed a deadline for consultations on the next round of China-U.S. tariffs.

Senate ratifies bicam report on P100-B coco levy trust fund

The Senate ratified Wednesday the bicameral conference committee report on the bill creating a P100-billion coconut levy trust fund for the benefit of 3.5 million farmers.
GMA News Online / Money / Economy

Senate ratifies bicam report on P100-B coco levy trust fund

The Senate ratified Wednesday the bicameral conference committee report on the bill creating a P100-billion coconut levy trust fund for the benefit of 3.5 million farmers.

DOTr eyes award of P735-B Bulacan airport deal by end of 2018

The Department of Transportation (DOTr) on Wednesday said it targets to award the P735-billion contract for the construction of the Bulacan International Airport by the end of 2018.
GMA News Online / Money / Economy

DOTr eyes award of P735-B Bulacan airport deal by end of 2018

The Department of Transportation (DOTr) on Wednesday said it targets to award the P735-billion contract for the construction of the Bulacan International Airport by the end of 2018.

Close to 5,000 job vacancies in sales up for grabs --DOLE

The Department of Labor and Employee on Wednesday said that nearly 5,000 job vacancies in the sales sector are available on its online job portal PhilJobNet.
GMA News Online / Money / Economy

Close to 5,000 job vacancies in sales up for grabs --DOLE

The Department of Labor and Employee on Wednesday said that nearly 5,000 job vacancies in the sales sector are available on its online job portal PhilJobNet.

Diokno says ‘hybrid’ budgeting applies only to projects, not salaries

Budget Secretary Benjamin Diokno said Wednesday that the “hybrid” budgeting system for 2019 only applies to government projects and not in all items in an appropriation.
GMA News Online / Money / Economy

Diokno says ‘hybrid’ budgeting applies only to projects, not salaries

Budget Secretary Benjamin Diokno said Wednesday that the “hybrid” budgeting system for 2019 only applies to government projects and not in all items in an appropriation.

BSP likely to raise rates and keep inflation in check --FMIC, UA&P

The central bank is likely to raise interest rates anew in the second half of 2019, First Metro Investment Corp. and the University of Asia and the Pacific said on Wednesday.
GMA News Online / Money / Economy

BSP likely to raise rates and keep inflation in check --FMIC, UA&P

The central bank is likely to raise interest rates anew in the second half of 2019, First Metro Investment Corp. and the University of Asia and the Pacific said on Wednesday.

Supplemental budget to be passed if Congress approves all tax measures, says Diokno

Budget Secretary Benjamin Diokno floated the possibility of having a supplemental budget for 2018 to offset the budget cuts of several agencies.
GMA News Online / Money / Economy

Supplemental budget to be passed if Congress approves all tax measures, says Diokno

Budget Secretary Benjamin Diokno floated the possibility of having a supplemental budget for 2018 to offset the budget cuts of several agencies.

Dollar steady, sticks to tight range as investors await trade news

TOKYO -- The dollar inched higher on Wednesday, sticking to a tight range after touching a four-week low overnight as optimism over the US-Mexico trade deal gave way to caution ahead of an upcoming deadline in the China-US trade dispute.
GMA News Online / Money / Economy

Dollar steady, sticks to tight range as investors await trade news

TOKYO -- The dollar inched higher on Wednesday, sticking to a tight range after touching a four-week low overnight as optimism over the US-Mexico trade deal gave way to caution ahead of an upcoming deadline in the China-US trade dispute.

PHL-China to sign 10 infra loan deals during Xi Jinping’s visit in Nov. --Diokno

The Philippine government is targeting to secure at least 10 loan financing deals with China when Chinese President Xi Jinping visits in November, Budget Secretary Benjamin Diokno said Wednesday.
GMA News Online / Money / Economy

PHL-China to sign 10 infra loan deals during Xi Jinping’s visit in Nov. --Diokno

The Philippine government is targeting to secure at least 10 loan financing deals with China when Chinese President Xi Jinping visits in November, Budget Secretary Benjamin Diokno said Wednesday.

Unilever rolls out expanded paternity and adoption leaves, domestic partner policy

Unilever Philippines has implemented new benefits for employees, including a 20-day paternity leave, an “adoption leave,” as well as the recognition of same-sex partners as beneficiaries.
GMA News Online / Money / Economy

Unilever rolls out expanded paternity and adoption leaves, domestic partner policy

Unilever Philippines has implemented new benefits for employees, including a 20-day paternity leave, an “adoption leave,” as well as the recognition of same-sex partners as beneficiaries.

Wall Street ekes out gains as Canada takes trade spotlight

The S&P 500 and the Nasdaq edged up to record closing highs for the third consecutive session as investors struggled over whether to take profits following a rally on positive developments in trade disputes which have vexed the markets.
GMA News Online / Money / Economy

Wall Street ekes out gains as Canada takes trade spotlight

The S&P 500 and the Nasdaq edged up to record closing highs for the third consecutive session as investors struggled over whether to take profits following a rally on positive developments in trade disputes which have vexed the markets.

S&P, Nasdaq hit record highs as trade war fears recede

U.S. stock indexes rose on Tuesday, with the benchmark S&P 500 and the Nasdaq indexes hitting fresh all-time highs, as a trade agreement between the United States and Mexico calmed fears of a global trade war.
GMA News Online / Money / Economy

S&P, Nasdaq hit record highs as trade war fears recede

U.S. stock indexes rose on Tuesday, with the benchmark S&P 500 and the Nasdaq indexes hitting fresh all-time highs, as a trade agreement between the United States and Mexico calmed fears of a global trade war.

US consumer confidence races to near 18-year high

U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year.
GMA News Online / Money / Economy

US consumer confidence races to near 18-year high

U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year.