FIS Memebers (From l. to r.) National Secretary Mr. Sonny Valenzuela, National President Inventor Manuel Dono, VP for Visayas Inventor Rodolfo Beiscas, President & CEO of Magna Prime Mr. Derrick Tan, VP for Mindanao Inventor Ricardo Lacandazo, National Treasurer Inventor Dalmacio Muring, Senior Member Dr. Billy Malang.

BUILDRITE SMARTBOND TILE ADHESIVE NABS “SECOND BEST INVENTION” AT NATIONAL INVENTORS WEEK 2019

The Filipino Inventors Society (FIS) Inc., in partnership with the Department of Science and Technology - Technology Application and Promotion Institute (DOST-TAPI), recently staged the National Inventors...
The Philippines’ domestic sugar prices are to stay above global levels next year as consumption continues to rise while production growth is likely to slowdown, says Fitch Solutions Macro Research. SUGAR-ASIA.COM

PH sugar prices to stay above global levels – Fitch Solutions

THE country’s domestic sugar prices are to stay above global levels next year as consumption continues to rise while production growth is likely to slowdown, Fitch...
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.

PH, ADB sign 3 new loans to support domestic economy

MANILA – The government’s growth strategy received another boost Friday after the signing of three loan agreements amounting to $623.3 million between the Philippine government and...

BSP eyes lower BOP surplus in 2020

MANILA – The Philippines is forecast to have a smaller balance of payments (BOP) surplus in 2020. The Bangko Sentral ng Pilipinas (BSP) attributed this to projected...

Beijing says ‘phase one’ deal with US reached

BEIJING – China and the United States have agreed on the text of a phase one trade deal, and Beijing has decided to cancel an earlier...
A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan. Asian shares climbed on Wednesday and European stocks looked set for gains after the United States President Donald Trump said negotiators were close to inking an initial trade deal. TORU HANAI/REUTERS

Stocks, peso up on US-China trade news

MANILA – Both the Philippine Stock Exchange index (PSEi) and the peso ended the week on a positive note following reports that the United States (US)...
Facebook chief executive officer Mark Zuckerberg testifies before a House Financial Services Committee hearing on Capitol Hill in Washington. Facebook’s stock dropped almost three percent in regular trading after news reports suggested that the Federal Trade Commission may take antitrust action to prevent Facebook from integrating its disparate messaging apps. ANDREW HARNIK/AP

FTC may try to block Facebook from integrating apps

SAN FRANCISCO – Facebook’s stock dropped almost three percent in regular trading after news reports suggested that the Federal Trade Commission (FTC) may take antitrust action...

Central bank seen to cut key policy rates on February 2020

MANILA – The Bangko Sentral ng Pilipinas (BSP) is expected to start slashing key policy rates by February 2020 after keeping rates steady since the last...

Volunteer sector urged to support PH dev’t initiatives

MANILA – The country’s chief economist on Thursday called for the participation of volunteers on the response to disasters and other immediate needs, as well as...

$23.3-M loan from ADB to spur ‘healthy’ biz competition in PH

MANILA – The Philippine Competition Commission (PCC) has loaned $23.3-million from the Asian Development Bank (ADB). The government intends to utilize the loan to build the capacity...