Bangko Sentral ng Pilipinas said a total of P80 billion will be offered this week, lower than the P100 billion last week. The seven and 14-day facilities will be offered for P20 billion each, while the 28-day offering is P40 billion. RAPPLER

TDF rates up this week

MANILA – Rates of the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) rose across-the-board Wednesday despite the under subscription for the shortest tenor. Data released by the...
China’s President Xi Jinping, left, and Brazil’s President Jair Bolsonaro wave to reporters upon Xi Jinping’s arrival for a bilateral meeting on the sidelines of the 11th edition of the BRICS (Brazil, Russia, India, China and South Africa) Summit, at the Itamaraty Palace in Brazil, on Nov. 13. ERALDO PERES/AP PHOTO

Brazil’s Bolsonaro changes tack, cozies up to Xi

BRASILIA, Brazil – What a difference a year makes. In the months before last year’s presidential election in Brazil, Jair Bolsonaro described China as predatory and thumbed his...
Cabernet Sauvignon wine grapes almost ready for harvest are held at Wente Vineyards in Livermore, California. American wine producers are being squeezed out of the fast-growing Chinese market, thanks to United States president Donald Trump’s trade war with China. Since the trade dispute began last year, China has raised tariffs on American wines three times in retaliation for United States’ tariffs on Chinese goods.

Trade war puts cork in US wine sales to China

LIVERMORE, California – Caught in the crossfire of President Donald Trump’s trade war with China, vineyards in the United States (US) are struggling to sell Syrah...

Worries on US-China trade hit stocks, peso

MANILA – Uncertainties on China and United States (US) trade talks spooked investors anew, resulting in the negative close of the Philippine Stock Exchange index (PSEi)...

No repeal for ‘Rice Tariffication Law’ anytime soon – DA, DOF

THE RICE Tariffication Law will not be reviewed nor repealed anytime soon, the Departments of Finance and of Agriculture said on Wednesday. Various stakeholders, particularly farmers, are clamoring...
Deputy Speaker and Representative Loren Legarda of the Lone District of Antique delivers her key message during the launching of the Central Antique Convergence Area held on Nov. 8 at the Valderrama Covered Gym.

CACA launched to rehabilitate towns in central Antique

THE CENTRAL Antique Convergence Area (CACA) was launched in the province with the goal to contribute more for the inclusive growth and poverty reduction in central...

MG PH’s All Year Greatness: The promo you need to end 2019 right

2019 has been an exciting year for MG Philippines, to say the least, as the brand made its debut in the Philippines under the...
Ford Transit MPV. FORD PHILIPPINES

Ford Transit will arrive in PH this month

THE Ford Philippines will launch Ford Transit MPV on Nov. 27. Other than that, however, no extra details have been provided.  Top Gear has a few guesses on what possible...
The Mitsubishi L300. LEANDRE GRECIA/TOP GEAR

Mitsubishi PH plans to export L300 to other ASEAN markets

THE MITSUBISHI L300, arguably one of the most iconic nameplates in Mitsubishi Motors Philippines’ (MMPC) 56-year history, is making its way to foreign markets. MMPC recently celebrated...
Stakeholders laud on Tuesday the passing of Senate Resolution 213 opposing the planned liberalization of the sugar industry. PNA

Senate lauded for resolution opposing sugar liberalization

MANILA – Stakeholders on Tuesday lauded the passing of a Senate resolution opposing the planned liberalization of the sugar industry. In a statement, the Sugar Regulatory Administration (SRA)...