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Food crisis, inflation due to lack of gov't direction – groups
MANILA, Philippines – Several interest groups and experts slammed the government's supposed lack of a coordinated plan to ensure the country's food and nutrition security, which then led to various...
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Power lines affected by Typhoon Ompong
Please refresh this page for updates.MANILA, Philippines (UPDATED) – Apart from strong winds and heavy rains, towns ravaged by Typhoon Ompong (international name: (Mangkhut) experienced power...
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Canada working on World Trade Organization reform – sources
OTTAWA, Canada – Canada is working on a project for reform of the World Trade Organization (WTO) and aims to organize international talks on the subject next month, Canadian sources said on Friday,...
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Telco problems in Typhoon Ompong areas
MANILA, Philippines (UPDATED) – Some areas in Northern Luzon may experience communication loss due to Typhoon Ompong (Mangkhut), which damaged telco facilities.According to PLDT-Smart's advisory on...
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Airports' status in aftermath of Typhoon Ompong
MANILA, Philippines – Some airports in the path of Typhoon Ompong (Mangkhut) sustained damage, including the Tuguegarao Airport in Cagayan, the province where the typhoon made landfall.The Civil...
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Power, communications restoration underway in Ompong-hit Cagayan
CAGAYAN, Philippines – Government officials and private companies said efforts to restore power and communications in the province of Cagayan are now ongoing.In a press briefing in Cagayan on Sunday,...
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Philippine peso to hit P58 vs $1, inflation to jump – Capital Economics
MANILA, Philippines – London-based research firm Capital Economics sees the Philippine peso sinking further to P55 against the greenback this year and fall to P58 in 2019.In a report released last...
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#AskTheTaxWhiz: What does the Trabaho bill offer?
I own a sari-sari store registered as a sole proprietorship. Will I be affected by the Tax Reform for Attracting Better and Higher Quality Opportunities (Trabaho) bill? What does the bill actually...
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OFW remittances slow down in January-July 2018
MANILA, Philippines – Overseas Filipino workers (OFWs) sent some $2.7 billion in July 2018, the Bangko Sentral ng Pilipinas (BSP) said on Monday, September 17.The figure is 4.5% higher compared to the...
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Salesforce boss Marc Benioff, wife buy Time magazine
SAN FRANCISCO, USA – Salesforce.com chief Marc Benioff and his wife Lynne will buy storied US news magazine Time for $190 million, a company statement said Sunday."The Benioffs are purchasing TIME...
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Typhoon Ompong leaves at least P2.8 billion in agricultural damage
MANILA, Philippines – Office of Civil Defense Spokesperson Edgar Posadas said the damage to agriculture from Typhoon Ompong (Mangkhut) has reached an estimated P2.8 billion in the Cordillera...
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Roberto Fung Kuan, founder of Chowking, dies aged 70
MANILA, Philippines – Chowking founder Roberto Fung Kuan died on Saturday, September 15, at the age of 70.Robert Kelvin Kuan, Roberto's son, revealed the news over the weekend in a Facebook post. Said...
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DOJ OKs filing estafa cases against 5 SMHC partners in Skyway 3 project
MANILA, Philippines – The Department of Justice (DOJ) approved the filing of syndicated estafa charges against 3 Indonesian businessmen and 2 Filipinos, for allegedly duping San Miguel Holdings...
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Coca-Cola looking at cannabis-infused drinks
NEW YORK, USA – Coca-Cola said Monday, September 17, it is studying the use of a key ingredient in marijuana in "wellness beverages," as a growing number of mainstream companies develop...
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Philippines to become upper-middle income country by 2019 – Pernia
MANILA, Philippines – Socioeconomic Planning Secretary Ernesto Pernia asserted that the Philippines is poised to climb to a higher income band despite headwinds in the economy.In an economic briefing...
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Agricultural losses from Typhoon Ompong hit P14 billion
MANILA, Philippines – Damage to agriculture from Typhoon Ompong (Mangkhut) ballooned to an estimated P14.3 billion on Tuesday, September 18, according to the National Disaster Risk Reduction and...
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Philippine peso sinking to P58 vs $1 'unlikely' – Diokno
MANILA, Philippines – Budget Secretary Benjamin Diokno said it is highly "unlikely" that the Philippine peso will sink further to P58 against the United States dollar.In a media briefing on Wednesday,...
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Supreme Court rules BIR can't collect P3-B tax from Petron, Shell
MANILA, Philippines – The Supreme Court (SC) has ruled in favor of oil companies Petron and Shell, barring the Bureau of Internal Revenue (BIR) from collecting P3 billion in supposed tax liabilities...
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Bus rapid transit system to push through in Cebu, Quezon Avenue
MANILA, Philippines – The Department of Transportation (DOTr) decided to push through with bus rapid transit (BRT) projects in Cebu and along Quezon Avenue in Quezon City, after scrapping plans earlier...
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DOTr seeks to restore 2019 funds for evening flights in regional airports
MANILA, Philippines – The Department of Transportation (DOTr) on Thursday, September 20, appealed to senators to restore funds allowing certain regional airports to accommodate nighttime flights.During...
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