Photo by BLOOMBERG

Inflation rate safe amid rice import conundrums

MANILA – President Rodrigo Duterte’s order to stop rice imports during the harvest season will have no effect on the inflation rate. Bangko Sentral ng Pilipinas...
A view of the Monetary Authority of Singapore’s headquarters. Singapore’s central bank plans to bring bitcoin and other similar cryptocurrency futures traded on approved exchanges under its regulation in response to interest from international investors. DARREN WHITESIDE/REUTERS

Singapore to regulate bitcoin futures

HONG KONG – Singapore’s central bank said it proposes to bring bitcoin and other similar cryptocurrency futures traded on approved exchanges under its regulation in response...
Baosteel Resources chairman Zhang Dianbo (left) and FNI chairman Joseph Sy during the signing ceremony held in Shanghai, China on Nov. 8. FNI

Global Ferronickel signs supply deal with Chinese steel mill

MANILA – The Baosteel Resources International Co. Ltd., a wholly-owned subsidiary of China’s largest steel manufacturer, has signed an agreement with Global Ferronickel Holdings, Inc. (FNI)...

Pag-IBIG Fund home loan payments reach P38.5B

PAG-IBIG Fund’s performing loans ratio climbed to an all-time high, its top executives announced recently. From January to September, the agency collected P38.56 billion, which is 12...

PCSO welcomes PAGCOR’s referral move

THE Philippine Charity Sweepstakes Office (PCSO), known for its charitable programs for the disadvantaged sectors in the society who are in dire need of medical assistance,...

Over 400 campaigns compete for 2019 ARAW Values Awards

THE Advertising Foundation of the Philippines received over 400 entries for the upcoming 2019 ARAW Values Advertising Awards that the organization is holding with key media partner...
WILCON SUCCESSFULLY HOLDS RAFFLE DRAW FOR WILCON LOYALTY REWARDS PROMO. (From left) Wilcon marketing supervisor Kristine Joy Benedicto, Wilcon assistant vice president (AVP) for Sales and Operations Rowell Suarez, Department of Trade and Industry representative Rosila Egmilan, Wilcon marketing manager Dheza Paras, Wilcon vice president for Product Development Eden Godino, Wilcon AVPs for Sales and Operations Francis Lazaro, Desiree Cuerdo, Ruel Godino, and Catherine Guingab.

2 Ilonggos win Wilcon Loyalty Rewards Promo

WILCON DEPOT, the country’s leading home improvement and construction supply retailer, held the raffle draw of its recently concluded promotion “Wilcon Loyalty Rewards Promo” on Nov. 12. As Wilcon...
Socioeconomic Planning secretary Ernesto Pernia. ABS-CBN

Suspension of rice importation can trigger inflation, says Pernia

MANILA– The country’s chief economist on Tuesday cautioned against the proposed suspension of rice importation by some sectors to address the issues faced by local farmers...
Cathay Pacific Airways planes are parked at Hong Kong International Airport, China. Several Asian airlines have cut flights to Hong Kong over the coming weeks as anti-government protests in the city grow increasingly violent and disrupt daily life. AMR ABDALLAH DALSH/REUTERS

Asian airlines slash flights to Hong Kong as unrest escalates

SYDNEY – Several Asian airlines have cut flights to Hong Kong over the coming weeks, an industry scheduling publication showed, as anti-government protests in the city grow...
International Energy Agency head Fatih Birol faces renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency’s projections for fossil fuel demand. MAX ROSSI/REUTERS

Investors step up pressure on global energy watchdog over climate change

LONDON/BRUSSELS – Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul...