DIOKNO. ABS-CBN NEWS PHOTO

BSP sees solid rebound for pandemic-hit economy

THE worst is over for the pandemic-hit Philippine economy, and a “remarkable rebound” is expected this year, the head of the Bangko Sentral ng...
The Guimaras State University (GSU) starts making face masks for frontliners and volunteers in the province of Guimaras. The GSU is the SSF cooperator on garments, wearable, homestyle and apparel technology. DTI REGION 6/FB

DTI-6: Majority of SSFs have resumed operations

NOTWITHSTANDING the impact of the pandemic on business activities, the Department of Trade and Industry (DTI) continues to monitor the operations of shared service...
Panay Power Corp. assistant vice president and plant manager Engr. Aprudencio Espanta (second from left) leads the inauguration of GFTI-PEDC building at N.J. Ingore Elementary School in Barangay Ingore, La Paz, Iloilo City on Jan. 6, 2020. IAN PAUL CORDERO/PN

GTFI-PEDC turns over 2-classroom building in La Paz

ILOILO CITY – GT Foundation Inc. (GTFI) and Panay Energy Development Corp. (PEDC)​ formally turned over a one-storey, two-classroom building at N.J. Ingore Elementary...

Electronics exporters see 7% growth with demand for ‘new normal’ tech

AN electronics industry group said it sees increased demand this year for technologies that support the “new normal.”  The Semiconductors and Electronics Industries of the...

Unemployment in PH soars to 10.2% – DOLE

MORE than 420,000 Filipinos lost their jobs in 2020 as the COVID-19 pandemic affected the economy and forced businesses to close, according to the...
Photo courtesy of Negative Space/ Pexels

New Zealand central bank hit by cyber attack

WELLINGTON – New Zealand’s central bank said Sunday it was responding with urgency to a “malicious” breach of one of its data systems, a...
EVANGELISTA

DA ensures pork supply from Visayas, Mindanao as prices surge in Luzon

THE Department of Agriculture (DA) said it is working on increasing the supply of pork to address high pork prices in the markets of...
A stall in Quezon City utilizes various online platforms to sell Christmas decor on Sept. 1, 2020. The stall has turned to online selling to cope with low sales in physical stores due to the pandemic. MARK DEMAYO/ABS-CBN NEWS

DTI: 500K more biz registrants since pandemic onset

MANILA — More than 500,000 registered new business names from March 2020 to January 2021, the Department of Trade and Industry (DTI) said Thursday,...
Socioeconomic Planning secretary Ernesto Pernia had earlier said reforms to these laws could boost the country's foreign direct investments by as much as $40 billion a year. AP

Foreign investments down $423 million in October

FOREIGN direct investments to the Philippines reached $423 million net inflows in October, a 24.5-percent drop versus a month ago on increasing COVID-19 cases,...

Gov’t urged to implement 40% tariffs on mechanically deboned meat

REDUCING the tariffs on mechanically deboned meat (MDM) will be to the detriment of the local livestock industry and will have minimal impact on...