European Commission President Jean-Claude Juncker (right) and Japan's Prime Minister Shinzo Abe gesture during the conference Communication Connecting Europe and Asia, in Brussels, Belgium, on Friday. Reuters

Japan signs deal to link Asia, EU

BRUSSELS – The European Union (EU) and Japan signed an infrastructure deal on Friday to coordinate transport, energy and digital projects linking Europe and Asia, seeking...
Facebook chief executive Mark Zuckerberg enters the office of United States (US) senator Josh Hawley while meeting with lawmakers to discuss “future internet regulation on Capitol Hill in Washington, US, Sept. 19. JOSHUA ROBERTS/REUTERS

Facebook wins dismissal of lawsuit over privacy breach

NEW YORK, United States - Facebook Inc. and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about...
Visitors pass by the logo of Google at the high profile startups and high tech leaders gathering, Viva Tech, in Paris, France May 16, 2019. REUTERS

Southeast Asian countries consider unified approach to regulating Big Tech

BANGKOK/JAKARTA - Southeast Asian governments are banding together to take on global tech giants on issues including “fake news” and taxation, marking a new stage in...
Information Technology secretary Gregorio Honasan II

DICT seeks budget to ‘activate’ Philippine satellite slots in space

THE Department of Information and Communications Technology is seeking budget of still undetermined amount to utilize the country’s unused communication satellite slots in space. The satellites may...
Bangko Sentral ng Pilipinas governor Benjamin Diokno

BSP cuts key rates by 25 basis points

MANILA - Philippine monetary officials on Thursday reduced by 25 basis points the Bangko Sentral ng Pilipinas’ (BSP) key rates for the third time this year...
The main stocks gauge rose 1.10 percent, or 86.85 points, to 7,979.66 points and the Philippine peso traded between 52.18 and 52.04, bringing the average to 52.129 Friday last week. BANGKOK POST

Peso up, stocks flat on positive trade news

MANILA - The Philippine peso improved against the United States (US) dollar Thursday while the main equities gauge managed to stay afloat as investors remained on...
The Department of Agriculture Region 6 (DA-6) remains optimistic to reach its rice output goal for 2019 despite the recent calamities that hit the region. DA-6 director Remelyn Recoter says the region’s agriculture sector is climate-dependent. BULATLAT.COM

Deal on use of hybrid rice seeds inked

MANILA - The government and industry stakeholders have signed a memorandum of agreement (MOA) on a program that encourages farmers to use inbred or hybrid seeds...
Finance secretary Carlos Dominguez III. PCOO

TRAIN net revenues rise to P55.6B in H1

MANILA - Revenues from the Tax Reform for Acceleration and Inclusion (TRAIN) Law rose 65 percent year on year to P55.6 billion by end of June,...
UN secretary general Antonio Guterres

UN chief urges leaders to avoid ‘new coal’ after 2020

ISTANBUL - Tensions ran high at the United Nations (UN) Climate Summit in New York when UN secretary general Antonio Guterres challenged leaders to no longer...
Asian Development Bank revises its Philippine gross domestic product growth to six percent in 2019 and 6.2 percent in 2020, against its previous forecast of 6.4 percent for both years.

ADB cuts PH’s 2019, 2020 growth forecasts

MANILA- The Asian Development Bank (ADB) has reduced its economic growth forecast for the Philippines for the next two years amid a slowdown in the global...