“We are ready for a reenacted budget. I think we can live with it,” Diokno told reporters amid an impasse with the House on the implementation of cash-based appropriations under the P3.757-trillion budget for 2019. “We’ll just wait for a friendlier Congress. Remember there’s an election in 2019. Malapit na ‘yun di ba?" he added.

The Philippine peso opened the week on a soft note against the US dollar, weighed down by overseas concerns about Turkey’s economic woes.

The Aboitiz Group signed on Monday a memorandum of agreement to rehabilitate one of the wetlands in Boracay as part of the government’s plan to revive the island resort and remedy its environmental woes.

Interest rates of BPI Direct BanKo, microfinance subsidiary of Bank of the Philippine Islands, is keeping its interest rate unchnaged despite a recent central bank move to raise policy rates by 50 basis points.

Philippine share prices fell by more than 2 percent to extend a losing streak to three consecutive trading days on Monday.

House Appropriations Committee chair Karlo Nograles on Monday maintained that his panel will not allow a reenactment of the 2018 national budget amid its apparent impasse with the Department of Budget and Management (DBM) over the proposed cash-based budgeting system for next year.  

Subic Bay Metropolitan Authority Chairperson Wilma Eisma is now facing a complaint before the Office of the Ombudsman for supposedly violating the Anti-Graft and Corrupt Practices Act.

Motorists are in for another round of increases in petroleum prices this week, after a rollback last week.

Energy Development Corp. reported on Monday a double-digit decline in its net income during the first semester of 2018, citing the impact of natural disasters on its bottom line.

Asian share markets slipped and the euro hit one-year lows on Monday as a fresh fall in the Turkish lira fuelled demand for safe havens, including the US dollar, Swiss franc and yen.

The government posted a 20-percent increase in total revenues during the first six months of the year following the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, the Department of Finance said Sunday.  

Gian Scottie Javelona, one of the Filipinos that landed on the Forbes' 30 Under 30 List, has recently launched a gaming application which allows Filipinos to earn through answering trivia challenges.  

Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk's proposal to take the electric car company private.

Over 10,000 construction industry jobs under the government's «Build, Build, Build» infrastructure program will be offered during Sunday's job caravan at the SMX Convention Center in Pasay City.

A California jury on Friday found Monsanto liable in a lawsuit filed by a man who alleged the company's glyphosate-based weed-killers, including Roundup, caused him cancer and ordered the company to pay $289 million in damages.

The Department of Trade and Industry has expanded its list of products and brands covered by suggested retail prices (SRP) in a bid to ease the impact of rising prices of basic goods.

As a way to lower energy costs and reduce carbon footprint in the country, Senator Leila de Lima has filed a measure seeking to incentivize and promote the use of solar energy in households.

The Cagayan Economic Zone Authority (CEZA) is planning build a monument made from scraps of destroyed smuggled luxury vehicles.

Distributing the P74-billion coco levy funds for the benefit of coconut farmers must not be  delayed any further after the anti-graft court has ruled that the funds are state-owned, an industry group said Friday.

SHANGHAI -- Asian stock markets fell on Friday amid heightened global trade tensions, while currency markets were whipsawed by a searing selloff in Russia's rouble after the United States slapped new sanctions, and as economic worries sent the Turkish lira tumbling.

The Philippine Competition Commission approved on Friday Grab’s acquisition of rival Uber Technologies on condition that the buyer commit to fair competition and consumer protection.

The S&P 500 and Dow ended down slightly on Thursday as gains in Apple and Amazon were offset by losses in energy and financial shares.

U.S. regulators are asking Tesla Inc why Chief Executive Elon Musk announced his plan to take the electric carmaker private on Twitter and whether his statement was truthful, the Wall Street Journal reported on Wednesday.

Sandiganbayan's ruling on the ownership of the P74-billion coco levy fund has paved the way for a law establishing a trust fund for coconut farmers, the Philippine Coconut Authority (PCA) said Thursday.

“Wittingly or unwittingly, they believe it or not, klaro na may pang-aabuso na nangyari. Klaro na may problema sa ambigwidad ng mga patakaran, protocols, at maging ang ating batas.”

The Dow and the S&P 500 were little changed, while the Nasdaq was firmly higher, propped up by the high-flying technology trio of Apple, Amazon and Microsoft.

The Bangko Sentral ng Pilipinas raised its key policy rates anew on Thursday, the third and the most aggressive move of the central bank so far this year.

The Philippine peso depreciated against the US dollar for the third consecutive trading day on Thursday, as the economy proved weaker-than-expected in the second quarter.

The Sandiganbayan has ruled that an estimated P74 billion worth of assets from the Coconut Industry Investment Fund (CIIF) belong to the government and should be distributed to coconut farmers.

Beijing's giant state-owned enterprises (SOEs) are playing an increasing role in China's build-up in the South China Sea and could seek to cement their dominant position in coming years, according to new research.

The Duterte administration needs to adjust its economic strategy amid the slowdown in economic growth, economist Emmanuel Leyco said on Thursday.

SYDNEY -- Asian shares were subdued on Thursday after a new round of tit-for-tat tariffs in the US-Sino trade conflict torpedoed oil prices, while the Russian rouble tumbled as the US slapped fresh sanctions on the country.

U.S. stocks were flat on Wednesday after China retaliated to Trump administration's latest tariffs, escalating trade tensions and muting strong corporate earnings.

«Na-wrong timing itong TRAIN implementation but it's a needed reform. But without the TRAIN, kung di tayo nag-TRAIN, makita mo talagang 'yung presyo tataas because of the world oil price,» Lopez said.

The DICT has tightened the technical capability criteria for the selection of the third telco player, but eased the minimum population coverage requirement for prospective bidders.