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  • Nickel Asia’s four operating firms eyeing for international certification

    Nickel Asia’s four operating firms eyeing for international certification

    Puerto Princesa, Palawan-- The country's largest nickel producer, Nickel Asia Corp. (NAC), has already secured recommendation for its desired international certification for all its operating companies, a development that supports the firm's claim that it complies to policy and objectives …

  • Trump vows to undo trade pacts

    Trump vows to undo trade pacts

    By Reid J. Epstein and Colleen Mccain Nelson Donald Trump pledged Tuesday to withdraw the US from global trade alliances, saying he would exit the North American Free Trade Agreement (Nafta)if it isn't renegotiated, would label China a currency manipulator and …

  • NG posts higher budget surplus in April

    NG posts higher budget surplus in April

    The national government (NG) managed to register a budget surplus in April this year despite the high double-digit growth in public spending, the Department of Finance (DOF) said Wednesday. A day before President-elect Rodrigo R. Duterte takes oath, the fiscal authorities …

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  • Incoming DOF spokesperson cites rise in net foreign buying in PSE

    Incoming DOF spokesperson cites rise in net foreign buying in PSE

    By Joann Santiago, Philippine News Agency MANILA, June 15 -- Incoming Department of Finance (DOF) Spokesperson Paola Alvarez has noted a rise in net foreign buying in the Philippine Stock Exchange (PSE) from May to June 10 this year, attributing this …

  • Anonymous bidder pays $3.46 million for Warren Buffett lunch

    Anonymous bidder pays $3.46 million for Warren Buffett lunch

    By Jonathan Stempel and Joseph Ax, Reuters An anonymous bidder agreed at auction to pay $3,456,789 to eat lunch with Warren Buffett, tying the record for the right to dine with one of the world's most admired investors.   Money will go to …

  • Students seeking sugar daddies for tuition, rent

    Students seeking sugar daddies for tuition, rent

    By Sarah Skidmore Sell, AP Business Writer Candice Kashani graduated from law school debt-free this spring, thanks to a modern twist on an age-old arrangement. During her first year, she faced tuition and expenses that ran nearly $50,000, even after a scholarship. …

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  • Japan signals readiness to intervene as Brexit boosts yen

    Japan signals readiness to intervene as Brexit boosts yen

    By Tetsushi Kajimoto and Minami Funakoshi, Reuters TOKYO, June 24 - Japan will respond as needed to "extremely nervous" currency moves following Britain's vote to leave the European Union, Finance Minister Taro Aso said on Friday, signalling a readiness to intervene …

  • PDIC urges depositors to always keep records of their bank transactions

    PDIC urges depositors to always keep records of their bank transactions

    ILOILO CITY, June 17 -- The Philippine Deposit Insurance Corporation (PDIC) will be embarking on more advocacies following the signing of the Deposit Insurance Law by President Benigno S. Aquino III. PDIC president Cristina Que Orbeta, during an interview at the …

  • Philippines keen on raising debt via sukuk, yuan borrowings

    Philippines keen on raising debt via sukuk, yuan borrowings

    By Manolo Serapio Jr and Enrico Dela Cruz, Reuters MANILA, June 3 - The Philippines' incoming finance minister is looking at raising debt via sukuk bonds and yuan borrowings in a bid to diversify its debt profile as it aims for …

Stock Market More

  • Global stocks tumble after Britain votes to leave the EU

    Global stocks tumble after Britain votes to leave the EU

    By Marley Jay, AP Markets Writer NEW YORK - Stocks are plunging in the U.S. and worldwide Friday after Britain voted to leave the European Union. The result stunned investors, who reacted by rushing to the safety of gold and U.S. …

  • Asian markets slump amid expectations Fed will raise rates

    Asian markets slump amid expectations Fed will raise rates

    Asian stock markets fell in subdued trading Tuesday amid rising expectations the U.S. Federal Reserve may raise interest rates in June. KEEPING SCORE: Japan's benchmark Nikkei 225 fell 0.9 percent to close at 16,498.76 as the yen continued to strengthen, casting …

  • Asia markets cautious ahead of more US rate hike news

    Asia markets cautious ahead of more US rate hike news

      Hong Kong, China - Asian stock markets moved cautiously Monday as investors sat tight for fresh news on a possible US rate hike and after a G7 finance ministers' meeting saw Tokyo pressed not to weaken its currency. Global stocks rallied in the …

Shipping More

  • EU to accept antitrust offer from Maersk, MSC, 13 others

    EU to accept antitrust offer from Maersk, MSC, 13 others

    Brussels – World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe, three people familiar with the …

  • NLEX expanding Bocaue toll barrier

    NLEX expanding Bocaue toll barrier

    The Manila North Tollways Corporation (MNTC), builder and concessionaire of the 94-kilometer North Luzon Expressway (NLEX), is expanding the NLEX Bocaue Toll Barrier from 25 toll lanes to 33 toll lanes to the tune of R210.8 million. Everyday, over 50,000 vehicles …

  • First Chinese-made regional jet makes maiden passenger flight

    First Chinese-made regional jet makes maiden passenger flight

    Shanghai  – China's first locally built regional jet made its maiden commercial flight on Tuesday, carrying 70 passengers from the western city of Chengdu to Shanghai on the east coast in what state-owned planemaker Commercial Aircraft Corp of China Ltd …

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  • Chocolate maker to capture millennials’ market

    Chocolate maker to capture millennials’ market

    With a global income outlook of 15-16 percent growth for 2016, chocolate maker  Mondelez International added a new chocolate brand in its Philippine market to ensure the target is achieved. The Cadbury 5Star, produced in India, was launched in the local …

  • Cacao industry starts getting more attention

    Cacao industry starts getting more attention

    The country's cacao industry is getting more attention now than what it's been getting in the past years and this is happening at a time when the world has started to run out of supply. As part of her first project …

  • Reviving the abaca industry

    Reviving the abaca industry

    At least P9 billion is needed to regain the vibrancy of the country's abaca industry and makes it more competitive in the global market, according to the Philippine Abaca Industry Roadmap. The roadmap, which was launched by Department of Agriculture's Philippine …

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  • Baldoz wants illegal recruiters penalized by death

    Baldoz wants illegal recruiters penalized by death

    By Ferdinand G. Patinio, Philippine News Agency MANILA, June 19 -- Outgoing Department of Labor and Employment (DOLE) Secretary Rosalinda Baldoz urged President-elect Rodrigo Duterte to consider imposing death penalty to those involved in illegal recruitment activities victimizing aspiring overseas Filipino …

  • Corporate Giveaways Buyers’ Show set June 21-23

    Corporate Giveaways Buyers’ Show set June 21-23

    The country’s longest-running corporate gifts show, Corporate Giveaways 2016, will showcase thousands of corporate gifts and giveaways, promotional items and creative solutions. The Corporate Giveaways Buyers’ Show, now on its 29th year, will be held on June 21-23 at the SMX Convention …

  • Pakistan province allocates $2 million for transgenders

    Pakistan province allocates $2 million for transgenders

    PESHAWAR, Pakistan, June 15, 2016 - A Pakistani province has allocated nearly $2 million for transgenders after a series of violent attacks, with officials saying the money will be used to provide training and support for the vulnerable community. The …

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