Officials from the National Economic and Development Authority, Department of Trade and Industry and Department of Science and Technology sign the implementing rules and regulations of R.A. 11293 or the Philippine Innovation Act on Feb. 7, 2020. NEDA TWITTER PHOTO

PH Innovation Act IRR signed

MANILA – Officials from the National Economic and Development Authority (NEDA), the Department of Trade and Industry (DTI), and the Department of Science and Technology (DOST) signed...
Trade secretary Ramon Lopez says the P8-suggested retail price for surgical face masks may increase to P10 to P12 per piece due to rising costs of raw materials. ABS-CBN NEWS

DTI eyes masks price hike

MANILA – The P8-suggested retail price (SRP) for surgical face masks may increase to P10 to P12 per piece due to rising costs of raw materials,...
Hong Kong Airlines says it has been forced to cut hundreds of jobs and ask remaining staff to take unpaid leave amid coronavirus outbreak. REUTERS

HK airlines forced to cut hundreds of jobs amid virus fears

HONG KONG – Hong Kong Airlines said Friday it has been forced to slash hundreds of jobs and ask remaining staff to take unpaid leave as...
The team conducts an inspection of Inabasan-Bugarot Road.

P59.3-M Antique road projects soon to complete

SAN JOSE, Antique – Two road projects in Antique under the Conditional Matching Grant to Provinces amounting to P59.3 million are up for completion. These projects are Candari-Malumpati-Sto. Rosario...

Pag-IBIG Fund reports record-breaking income, loan releases in 2019

NEWLY-APPOINTED Housing Department secretary Eduardo D. Del Rosario took the stage ‪on Friday, Feb.7 to report Pag-IBIG Fund’s record-breaking earnings, housing loan releases, and cash loan releases...
The African Swine Fever outbreak in Davao Occidental could have been caused by swill or food waste imported from ASF-hit Indonesia, authorities said Friday. EDGE DAVAO

DA suspects Indonesian waste as cause for Davao ASF outbreak

THE African Swine Fever (ASF) outbreak in Davao Occidental could have been caused by swill or food waste imported from ASF-hit Indonesia, authorities said Friday. “Tinitignan ko ‘yung...
Since the start of 2020, the PSEi hovers between 7,600 to 7,800 points. Further, buying volume was relatively light throughout the first two weeks of the year, despite a strong peso and a few positive economic news. ABS-CBN NEWS

PSEi gains 2.09% as investors shift focus on earnings season

PHILIPPINE shares extended their victory on Thursday as investors turn to listed firms’ upcoming announcements about their full-year profits. The bellwether PSEi gained 153.66 points or 2.09 percent...
Members of the Federation of Filipino Chinese Chambers of Commerce and Industries Incorporated (FFCCCII) give out free face masks to passersby at the Binondo District in Manila, Thursday. ABS-CBN NEWS

Filipino-Chinese chambers seek clarity on imposed quarantine rules

MANILA – Filipino-Chinese businessmen are seeking clarity on quarantine rules imposed on those coming from China including cargo vessels, Federation of Filipino Chinese Chambers of Commerce and...
An employee demonstrates a sample of crude oil in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia in this picture illustration taken March 11, 2019. REUTERS

Russia rejects OPEC’s proposal on oil output cuts – reports

MOSCOW – Russia on Thursday rejected proposals to slash crude output at an Organization of the Petroleum Exporting Countries (OPEC)+ meeting, media reported, and asked for...

Coronavirus threatens auto supplies from China

DETROIT – The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European...