The Philippine Stock Exchange index fell 0.81 percent to 6,646.55, while All Shares declined by 0.61 percent to 3,504.58 in May 2’s trade.

PH shares down on inflation expectation, peso rebounds

THE local stock barometer finished in the red territory for two trading days ahead of the April inflation report, while the Philippine peso gained...
People carry a beverage while traversing the streets in Manila on April 3, 2024. Health experts advise the public to take precautions and stay hydrated as the country experiences high heat levels amid the dry season recently announced by Philippine Atmospheric, Geophysical and Astronomical Services Administration. MARK DEMAYO/ABS-CBN NEWS PHOTO

Small businesses suffer income drop amid extreme heat

AS MANY SCHOOLS shifted to online learning due to the intensely hot weather, many small businesses located near schools say their incomes have dropped...
High voltage towers that support transmission lines for electrical power distribution in the Luzon grid are seen from a residential area in Baesa, Quezon City. MARIA TAN/ABS-CBN NEWS PHOTO

ERC: Electricity bills may be higher in next due date

CONSUMERS may see higher power rates on their next due date after the red and yellow alerts issued amid the recent power shortages. The Energy...
Seasonal demand is seen to contribute to the uptick of manufacturing activities in the third quarter of 2023. PNA FILE PHOTO

PH manufacturing growth hit five-month high in April

THE Philippine manufacturing sector posted its biggest growth in five months in April on the back of higher output and an increase in new...

SSS to mark Labor Day celebration with nationwide operation against contribution evaders

To commemorate Labor Day, the Social Security System (SSS) will push for the social security protection of Filipino workers nationwide by calling on business...

BingoPlus leads this years’ sponsorship for Miss Universe Philippines

BingoPlus, your comprehensive entertainment platform in the country and provider of your favourite online tongits, bingo and perya games, serves a fun-filled and truly...
President Ferdinand Marcos Jr. assured the public that the government will carry out plans and strategies to tame power prices amid the current high demand for electricity. PCO.GOV.PH PHOTO

ERC to suspend WESM ops during red alerts to control power rates – Marcos

THE Energy Regulatory Commission (ERC) will temporarily suspend the Wholesale Electricity Spot Market (WESM) operations during red alerts to control power rates, said President...
The Bangko Sentral ng Pilipinas deems it necessary to “keep monetary policy settings sufficiently tight until a sustained downtrend in inflation becomes evident.” PHOTO COURTESY OF INQUIRER.NETThe Bangko Sentral ng Pilipinas deems it necessary to “keep monetary policy settings sufficiently tight until a sustained downtrend in inflation becomes evident.” PHOTO COURTESY OF INQUIRER.NET

PH books ‘hot money’ outflows of $236 million in March

THE Philippines booked $236 million in outflows of foreign portfolio investments in March, the Bangko Sentral ng Pilipinas (BEP) said yesterday. The BSP said transactions...

NAIA to be turned over to private proponent by September – DOTr

THE government is aiming to turn over the Ninoy Aquino International Airport (NAIA) to the private proponent consortium led by San Miguel by September...
Sample of the new check format

New check design standards and specifications take effect

CHECKS with the issue data written in alphanumeric format will no longer be accepted starting this month, except for select cases, as part of...