Select a country

Galunggong imports may have come from PHL waters -- BFAR

The additional supply of galunggong (round scad) into the country set to be imported next month may have originally come from Philippine waters, the Bureau of Fisheries and Aquatic Resources (BFAR) said Thursday.  
GMA News Online / Money / Economy

Galunggong imports may have come from PHL waters -- BFAR

The additional supply of galunggong (round scad) into the country set to be imported next month may have originally come from Philippine waters, the Bureau of Fisheries and Aquatic Resources (BFAR) said Thursday.  

BFAR blames climate change for seasonal dwindling of galunggong supply

The Bureau of Fisheries and Aquatic Resources is pinning the blame on climate change for the seasonal dwindling of supply of the staple fish galunggong or round scad in the country.
GMA News Online / Money / Economy

BFAR blames climate change for seasonal dwindling of galunggong supply

The Bureau of Fisheries and Aquatic Resources is pinning the blame on climate change for the seasonal dwindling of supply of the staple fish galunggong or round scad in the country.

Beat inflation with these household budgeting tips

Inflation rate in the Philippines has risen to the highest level in at least five years. Even if you don’t follow the news, you feel its impact on your finances.
GMA News Online / Money / Economy

Beat inflation with these household budgeting tips

Inflation rate in the Philippines has risen to the highest level in at least five years. Even if you don’t follow the news, you feel its impact on your finances.

Peso retreats as easing China-US trade tensions buoy dollar

The Philippine peso retreated on Wednesday, ending a three-day winning streak, as the US dollar strengthened on easing trade tensions between China and the United States.
GMA News Online / Money / Economy

Peso retreats as easing China-US trade tensions buoy dollar

The Philippine peso retreated on Wednesday, ending a three-day winning streak, as the US dollar strengthened on easing trade tensions between China and the United States.

Xiamen Air vows to pay for aircraft handling, runway recovery costs

Xiamen Air on Wednesday vowed to bear the costs for aircraft handling and runway recovery caused by the aircraft mishap last week which resulted in dozens of flight delays and cancellations.
GMA News Online / Money / Economy

Xiamen Air vows to pay for aircraft handling, runway recovery costs

Xiamen Air on Wednesday vowed to bear the costs for aircraft handling and runway recovery caused by the aircraft mishap last week which resulted in dozens of flight delays and cancellations.

Trump, trade, Fed take sheen off S&P's longest bull run

The S&P 500 marked its longest bull-market run with a dip on Wednesday as President Donald Trump's political position was threatened by the legal woes of two former advisers and ahead of trade talks and the Federal Reserve's minutes.
GMA News Online / Money / Economy

Trump, trade, Fed take sheen off S&P's longest bull run

The S&P 500 marked its longest bull-market run with a dip on Wednesday as President Donald Trump's political position was threatened by the legal woes of two former advisers and ahead of trade talks and the Federal Reserve's minutes.

PSEi up 1.13% at noon break

Philippine shares traded on a strong note during the morning session on Wednesday as investors bought positions as the trading week resumed after a holiday break.
GMA News Online / Money / Economy

PSEi up 1.13% at noon break

Philippine shares traded on a strong note during the morning session on Wednesday as investors bought positions as the trading week resumed after a holiday break.

CAB to look into passengers' complaints during NAIA runway closure

The Civil Aeronautics Board (CAB) will look into how airlines addressed the needs of the passengers affected by last week's cancellation of flights following the closure of one of Ninoy Aquino International Airport's runways, GMA News' Maki Pulido reported o
GMA News Online / Money / Economy

CAB to look into passengers' complaints during NAIA runway closure

The Civil Aeronautics Board (CAB) will look into how airlines addressed the needs of the passengers affected by last week's cancellation of flights following the closure of one of Ninoy Aquino International Airport's runways, GMA News' Maki Pulido reported on Balitanghali on Wednesday.

Makati City, IRC consortium likely to break ground for subway project by year-end

The Makati City government and a private consortium will break ground in December for a $3.7-billion subway project to decongest traffic in the country’s business and financial district.
GMA News Online / Money / Economy

Makati City, IRC consortium likely to break ground for subway project by year-end

The Makati City government and a private consortium will break ground in December for a $3.7-billion subway project to decongest traffic in the country’s business and financial district.

S&P touches record high, equals longest-ever bull run

The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
GMA News Online / Money / Economy

S&P touches record high, equals longest-ever bull run

The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.

Hawaiian Airlines to suspend its Beijing flight starting October

Hawaiian Airlines said on Tuesday that it has decided to suspend its thrice-weekly non-stop flight between Honolulu and Beijing after the National Day Golden Week holiday in October.
GMA News Online / Money / Economy

Hawaiian Airlines to suspend its Beijing flight starting October

Hawaiian Airlines said on Tuesday that it has decided to suspend its thrice-weekly non-stop flight between Honolulu and Beijing after the National Day Golden Week holiday in October.

India's flood-ravaged Kerala seeks at least $1.4-B loan for reconstruction

India's flood-ravaged Kerala state will seek to borrow more than 100 billion rupees ($1.4 billion) to finance reconstruction work after a disaster that has claimed nearly 400 lives, its chief minister said on Tuesday.
GMA News Online / Money / Economy

India's flood-ravaged Kerala seeks at least $1.4-B loan for reconstruction

India's flood-ravaged Kerala state will seek to borrow more than 100 billion rupees ($1.4 billion) to finance reconstruction work after a disaster that has claimed nearly 400 lives, its chief minister said on Tuesday.

Cambodia's first rum maker looks to expand overseas market

Samai Distillery, which has the distinction of being Cambodia's first, and only, rum producer, is looking to export the tipple to new international markets.
GMA News Online / Money / Economy

Cambodia's first rum maker looks to expand overseas market

Samai Distillery, which has the distinction of being Cambodia's first, and only, rum producer, is looking to export the tipple to new international markets.

Wall Street rises on trade, earnings optimism

U.S. stock indexes rose on Tuesday, with the S&P closing in on its all-time high, helped by some encouraging earnings reports and optimism that planned trade talks between the United States and China would help resolve their trade spat.
GMA News Online / Money / Economy

Wall Street rises on trade, earnings optimism

U.S. stock indexes rose on Tuesday, with the S&P closing in on its all-time high, helped by some encouraging earnings reports and optimism that planned trade talks between the United States and China would help resolve their trade spat.

China says won't resort to strong stimulus but will keep liquidity ample

China's central bank said on Tuesday that it will not resort to strong stimulus to support the slowing economy but will keep liquidity reasonably ample and offer more help to companies which are having trouble obtaining financing.
GMA News Online / Money / Economy

China says won't resort to strong stimulus but will keep liquidity ample

China's central bank said on Tuesday that it will not resort to strong stimulus to support the slowing economy but will keep liquidity reasonably ample and offer more help to companies which are having trouble obtaining financing.

More than 61,000 PAL, Cebu Pacific passengers hit by Xiamen Air mishap

More than 61,000 passengers of Philippine Airlines and Cebu Pacific were affected by the Xiamen Air incident that prompted the 36-hour closure of Ninoy Aquino International Airport’s Runway 06/24.
GMA News Online / Money / Economy

More than 61,000 PAL, Cebu Pacific passengers hit by Xiamen Air mishap

More than 61,000 passengers of Philippine Airlines and Cebu Pacific were affected by the Xiamen Air incident that prompted the 36-hour closure of Ninoy Aquino International Airport’s Runway 06/24.

PCG seizes P6-M smuggled sugar from motorboat off Zamboanga City

Almost 2,000 sacks of smuggled sugar estimated to be worth P6 million were seized from a motorboat off  Zamboanga City, Sandra Aguinaldo reported Tuesday on Balitanghali.
GMA News Online / Money / Economy

PCG seizes P6-M smuggled sugar from motorboat off Zamboanga City

Almost 2,000 sacks of smuggled sugar estimated to be worth P6 million were seized from a motorboat off  Zamboanga City, Sandra Aguinaldo reported Tuesday on Balitanghali.

Gloria compares TRAIN to E-VAT: Difficult but necessary

«Isa rin sa pinaka-importanteng repormang ginawa ko ay yung fiscal reforms din. Noon naman, yung mahirap na reform ay yung E-VAT. Pero yun ang nagbigay sa atin ng fiscal strength sa ating ekonomiya,» Arroyo said.
GMA News Online / Money / Economy

Gloria compares TRAIN to E-VAT: Difficult but necessary

«Isa rin sa pinaka-importanteng repormang ginawa ko ay yung fiscal reforms din. Noon naman, yung mahirap na reform ay yung E-VAT. Pero yun ang nagbigay sa atin ng fiscal strength sa ating ekonomiya,» Arroyo said.

Xiamen Air incident renews interest in NAIA rehab, possible alternatives

The Xiamen Air incident has sparked renewed interest in the proposed rehabilitation of NAIA, the country’s premiere gateway, and building other airports in areas outside of Metro Manila.
GMA News Online / Money / Economy

Xiamen Air incident renews interest in NAIA rehab, possible alternatives

The Xiamen Air incident has sparked renewed interest in the proposed rehabilitation of NAIA, the country’s premiere gateway, and building other airports in areas outside of Metro Manila.

Asian stocks capped, dollar droops following Trump comments

Asian stocks were capped and the dollar dipped on Tuesday after US President Donald Trump accused China and Europe of manipulating their currencies and said he was «not thrilled» with the Federal Reserve for hiking interest rates.
GMA News Online / Money / Economy

Asian stocks capped, dollar droops following Trump comments

Asian stocks were capped and the dollar dipped on Tuesday after US President Donald Trump accused China and Europe of manipulating their currencies and said he was «not thrilled» with the Federal Reserve for hiking interest rates.

Meralco hits back at critics amid public dissatisfaction over electricity rates

Meralco on Tuesday hit back at critics for allegedly coming up with accusations that are not backed by data, amid a Pulse Asia survey showing majority of Filipinos are dissatisfied with electricity rates.
GMA News Online / Money / Economy

Meralco hits back at critics amid public dissatisfaction over electricity rates

Meralco on Tuesday hit back at critics for allegedly coming up with accusations that are not backed by data, amid a Pulse Asia survey showing majority of Filipinos are dissatisfied with electricity rates.

Xiamen Air to be charged at least P15M by MIAA

Xiamen Air may have to pay at least P15 million to Manila International Airport Authority (MIAA) for the equipment and manpower costs it incurred in clearing the airline's plane from the Ninoy Aquino International Airport (NAIA) runway last week.
GMA News Online / Money / Economy

Xiamen Air to be charged at least P15M by MIAA

Xiamen Air may have to pay at least P15 million to Manila International Airport Authority (MIAA) for the equipment and manpower costs it incurred in clearing the airline's plane from the Ninoy Aquino International Airport (NAIA) runway last week.

US firms warn next China tariffs to cost Americans from cradle to grave

U.S. businesses have a message for the Trump administration: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins.
GMA News Online / Money / Economy

US firms warn next China tariffs to cost Americans from cradle to grave

U.S. businesses have a message for the Trump administration: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins.

Trump not thrilled with Fed's Powell for raising rates

U.S. President Donald Trump said on Monday he was «not thrilled» with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.
GMA News Online / Money / Economy

Trump not thrilled with Fed's Powell for raising rates

U.S. President Donald Trump said on Monday he was «not thrilled» with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.

Wall Street rises on trade optimism, pares gains after Trump Fed comments

Wall Street's major indexes rose on Monday on optimism over trade talks between the United States and China, though they fell from session highs after President Donald Trump criticized the Federal Reserve's raising interest rates.
GMA News Online / Money / Economy

Wall Street rises on trade optimism, pares gains after Trump Fed comments

Wall Street's major indexes rose on Monday on optimism over trade talks between the United States and China, though they fell from session highs after President Donald Trump criticized the Federal Reserve's raising interest rates.

ADB approves $300-M loan for Philippine PPP policy

The Asian Development Bank’s board of directors has approved a $300-million policy-based loan to help the Philippines strengthen its framework under which the private sector can participate in the government’s “Build, Build, Build” infrastructure deve
GMA News Online / Money / Economy

ADB approves $300-M loan for Philippine PPP policy

The Asian Development Bank’s board of directors has approved a $300-million policy-based loan to help the Philippines strengthen its framework under which the private sector can participate in the government’s “Build, Build, Build” infrastructure development program.

Asian shares inch up, cautious on Sino-US trade talks

Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-US trade talks, while keeping a wary eye on the Chinese yuan and Turkish lira for any new signs of strain.
GMA News Online / Money / Economy

Asian shares inch up, cautious on Sino-US trade talks

Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-US trade talks, while keeping a wary eye on the Chinese yuan and Turkish lira for any new signs of strain.

PHL economic team, Chinese execs to discuss infra 'issues, challenges'

Philippine officials are set to meet with Chinese representatives in Beijing this week to discuss «issues and challenges» regarding local infrastructure projects to be funded by China.  
GMA News Online / Money / Economy

PHL economic team, Chinese execs to discuss infra 'issues, challenges'

Philippine officials are set to meet with Chinese representatives in Beijing this week to discuss «issues and challenges» regarding local infrastructure projects to be funded by China.  

Gatchalian slams slow disbursement of unconditional cash transfer

Senator Sherwin Gatchalian over the weekend slammed the slow rollout of assistance to households affected by the increase in consumer prices brought about by the administration's tax reform program.
GMA News Online / Money / Economy

Gatchalian slams slow disbursement of unconditional cash transfer

Senator Sherwin Gatchalian over the weekend slammed the slow rollout of assistance to households affected by the increase in consumer prices brought about by the administration's tax reform program.

House following SC ruling on 'pork' in deliberating proposed 2019 budget --Andaya

Majority Leader Rolando Andaya on Sunday said the House of Representatives is following the Supreme Court ruling on the controversial Priority Development Assistance Fund in deliberating on the proposed P3.757-trillion national budget for next year.
GMA News Online / Money / Economy

House following SC ruling on 'pork' in deliberating proposed 2019 budget --Andaya

Majority Leader Rolando Andaya on Sunday said the House of Representatives is following the Supreme Court ruling on the controversial Priority Development Assistance Fund in deliberating on the proposed P3.757-trillion national budget for next year.

Chinese internet stock sell-off may shake faith in FANGs

A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street's near-decade long rally may be low on fuel.
GMA News Online / Money / Economy

Chinese internet stock sell-off may shake faith in FANGs

A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street's near-decade long rally may be low on fuel.

De Lima wants probe on BI's P869-M loss from express lane fees

Opposition Senator Leila de Lima has sought for a legislative inquiry into the Bureau of Immigration’s misinterpretation of President Rodrigo Duterte’s veto on the use of the funds to pay for its employees which resulted to its loss of P869.24 million las
GMA News Online / Money / Economy

De Lima wants probe on BI's P869-M loss from express lane fees

Opposition Senator Leila de Lima has sought for a legislative inquiry into the Bureau of Immigration’s misinterpretation of President Rodrigo Duterte’s veto on the use of the funds to pay for its employees which resulted to its loss of P869.24 million last year.

Wall Street rises on upbeat trade news

U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico.
GMA News Online / Money / Economy

Wall Street rises on upbeat trade news

U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico.