December 15, 2017, 9:52 pm
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Business News

Output falls 6.5%; as sentimen

December 13, 2017
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The country’s factory output for the month of October declined by 6.5 percent, down from the 9.9 percent growth recorded in the same month last year, data released by the Philippine Statistics Authority showed.

FROM TRAIN; P130B boosts infra

by ANGELA CELIS on December 13, 2017
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With the first package of the tax reform finalized Monday night, the government is confident it would have the means that would further boost  its infrastructure program, according to Carlos Dominguez III, secretary of the Department of Finance (DOF).

Bangladesh Bank accused of co

by JIMMY CALAPATI on December 13, 2017
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Rizal Commercial Banking Corp (RCBC) yesterday maintained it is not liable to pay Bangladesh Bank (BB) for the theft of $81 million from its funds deposited at the New York Fed.

P3B fake cigarettes destroyed

December 13, 2017
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Carlos Dominguez III, finance secretary, yesterday led the destruction of some P3.316 billion worth of Mighty and Marvel cigarettes bearing fake tax stamps that were confiscated last March by teams from the Bureaus of Internal Revenue (BIR) and of Customs.

Illegal transmitters hit 1,200

by Myla Iglesias on December 13, 2017
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Ayala-led Globe Telecom Inc. yesterday said signal interference on its cell sites has increased by 85 percent this year as compared to last year, caused by illegal signal transmitters such as signal boosters, repeaters and radio frequency identification (RFID).

3rd telco to focus on fixed b

by Myla Iglesias on December 13, 2017
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The Department of Information and Communications Technology (DICT) yesterday said the third telecommunication player is expected to focus on delivering fixed broadband services in to offer better internet services than PLDT Inc. and Globe Telecom Inc.

Tourist arrivals hit 5.5M in J

December 13, 2017
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International visitor arrivals rose 11.54 percent  in the first 10 months of the year to 5.47 million from 4.91 million in the same period in 2016, data from the Department of Tourism (DOT) showed.

Insurance industry nets P29B,

December 13, 2017
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The insurance industry posted a growth in net income of 21.88 percent as of the third quarter of this year, mainly due to the increase in underwriting and investment income of the life insurance sector, the Insurance Commission (IC) said.

Award-winning Scandinavia firm

by PAUL ICAMINA on December 13, 2017
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Design, redefined. That’s what Jacob Jensen, Scandinavia’s award-winning design consultancy, wants to do in the Philippines.

30M Pinoys to have mobile fin

December 13, 2017
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PLDT Inc. financial technology arm FINTQ, is targeting 30 million Filipinos to have access to mobile financial service by 2020 through a collaboration with local government units. 

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Front Page

Column of the Day

Santa Claus isn’t coming

By DAHLI ASPILLERA | December 15,2017
‘Kids, sorry to say that Santa Claus is not coming this year. Things are falling apart in the North Pole.’

Opinion of the Day

Duterte doesn’t rule out nationwide martial law

By ELLEN TORDESILLAS | December 15, 2017
‘Duterte does not even bother to allay these concerns.’