Metrobank founder George Ty was a «visionary and pillar of the Philippine economy» who left a lasting legacy to a grateful nation, the Palace said Monday.
Wage growth in 2017 slowed to its lowest rate since 2008, the year of the financial crisis, despite solid economic growth and falling unemployment in major economies, the International Labor Organization said Monday.
US stocks gained on Monday, helped by shares of retailers on expectations of blockbuster sales on the largest online shopping day of the year, and as technology shares rose after taking a beating last week.
The Philippine peso strengthened against the US dollar on Monday, driven by risk-on sentiment throughout the session.
Mitsubishi Motors Corp. said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co. last week for alleged financial misconduct.
The governments of China and the Philippines have authorized their respective enterprises to work hand in hand in exploring and developing oil and gas reserves in West Philippines, details of the agreement signed last week revealed.
TOKYO -- Asian shares were on a slippery slope on Monday as plunging oil prices fanned worries about a dimming outlook for the global economy as investors brace for a crucial meeting between US and Chinese leaders at the end of week.
The International Finance Corporation and IFC Emerging Asia Fund are subscribing to $40 million of newly-issued shares in PLDT Inc.’s Voyager Innovations, PLDT said Monday.
Montreal, Canada -- General Motors is expected to announce on Monday the closure of a factory in the Canadian city of Oshawa, putting almost 3,000 jobs at risk, Canadian channel CTV reported.
State-owned Land Bank of the Philippines posted a 9-percent growth in its net income in the first nine months of the year, driven by the growth of its top line during the period.
Renault-Nissan executives will attempt this coming week to shield their joint operations from a looming power struggle between the carmakers, following alliance boss Carlos Ghosn's shock arrest over misconduct allegations
The selection of the Mislatel Consortium as the Philippines' new major telecoms player hints at the government's bias towards China and was a sign of President Rodrigo Duterte's warming posture towards China, Fitch Solutions Macro Research said in a commentary.
Mighty Corporation on Sunday denied any involvement in the production of half a million packs of cigarettes with fake tax stamps seized by the Bureau of Internal Revenue (BIR) last week.
More firms announced another round of rollbacks in the pump prices of petroleum products to be implemented this week.
Marikina City Representative Miro Quimbo on Sunday stressed that excise taxes imposed by the Tax Reform for Acceleration and Inclusion Law on some fuel products should still be scrapped in its entirety.
Investors would normally be thankful for a strong US economy, yet this holiday season they worry retailers may have to spend heavily to win, leaving shareholders with a lump of coal.
Several oil firms on Saturday announced that they are rolling back the prices of their pump fuels.
While a series of rollbacks has driven oil pump prices down, gas sold at some stations in Barangay Pinagbakahan in Malolos, Bulacan was even cheaper by up to P10 a liter compared to rates in Metro Manila and other areas.
Trade secretary Ramon Lopez on Saturday expressed openness to subjecting imported refined palm oil to protective tariff, and encouraged consumer groups to forward to the agency their concerns for a possible hearing on the matter.
Trade Secretary Ramon Lopez on Saturday maintained that the increase in prices of the more costly bread, particularly the Gardenia brand, are really due to schedule, after holding off their price increases in the past few months.
Oil prices slumped up to nearly 8 percent to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers consider cutting output.
Oil prices plunged on Friday on concerns about oversupply, sending world stock markets lower as lagging energy shares weighed down Wall Street.
US stocks fell on Friday as oil prices slipped to their lowest in more than a year, dragging down energy shares, while investors were nervous ahead of US-China trade talks at the G20 summit next week.
Cash from wealthy countries to help the developing world tackle climate change has risen substantially in recent years, putting them on track to meet a politically important 2020 UN target to go green and adapt to wild weather, analysts said on Friday.
China will adjust its rules on controlling the spread of African swine fever to keep pork supplies stable, said an official on Friday, even as the country reported the first cases of the disease to be discovered in its capital.
Social Security System (SSS) pensioners will receive their 13th month bonus starting November 29, according to Maki Pulido's report on Balitanghali on Friday.
The Bohol Panglao International Airport, the country's first eco-airport, is set to open on November 27, the Department of Transportation (DOTr) said Friday.
Share prices on the Philippine Stock Exchange closed on a strong note Friday, supported by foreign buying as investors took positions amid optimism that inflation is tapering off on the back of slipping crude oil prices.
Despite expectations of an ensuing price war once third telco Mislatel Consortium is up and running next year, Globe Telecom Inc. is not about to take the bait and rival PLDT Inc. thinks it is too early to talk about such things.
The lack of rice in some markets is a result of high demand and limited stock, according to the National Food Authority and the Alyansa ng Industriyang Bigas.
The Alyansa ng Industriyang Bigas on Friday made it clear that they are opposed to rice trade liberalization as it is detrimental to Filipino farmers and traders.
The group of Davao-based businessman Dennis Uy's Phoenix Petroleum and China National Offshore Oil Corp. (CNOOC) is likely to be given the go-ahead by the Department of Energy to proceed with the government's plan to build a liquefied natural gas (LNG) facility.
The Court of Tax Appeals has ruled in favor of nickel mining firm SR Metals Inc. in cancelling its alleged tax liability worth P76.2 million for 2012.
According to a statement from the Embassy of South Korea, the Korean government was taking measures to have the waste brought back to the country «as soon as possible.» According to a statement from the Embassy of South Korea, the Korean government was taking measures to have the waste brought back to the country «as soon as possible.»
The Philippine peso ended a seven-day winning streak against the US dollar on Thursday, following the increase in global oil prices.
