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June auto sales drop as inflation curbs buying

VEHICLE SALES in the first half dropped by more than 12%, auto and truck manufacturers said, noting that potential buyers prioritized their basic needs over the acquisition of high-value goods amid rising inflation......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 17th, 2018Related News

DoLE signals NCR preparations for 4th quarter wage decision

THE Department of Labor and Employment (DoLE) said the wage board for the National Capital Region (NCR) will meet later this month to consult stakeholders and determine whether there are “supervening conditions” that will allow it to conduct wage hearings as soon as legally possible......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 17th, 2018Related News

Build, Build, Build s painful side effects temporary — report

President Rodrigo Duterte’s promise to bring a “golden age” of infrastructure has some “painful side effects” that should be temporary, London-based Capital Economics said......»»

Source: Philstar PhilstarCategory: FinanceJul 17th, 2018Related News

Philippine startup wins at biggest tech summit in the country

Exora Technologies topped a talented field of 20 startups from all over Asia to win the $10,000 prize in the Ring of Fire competition at Techtonic Summit......»»

Source: Philstar PhilstarCategory: FinanceJul 17th, 2018Related News

Customs eyes collaboration with AFP, PCG vs smuggling

The Bureau of Customs is planning to team up with the Armed Forces of the Philippines and the Philippine Coast Guard to expand its anti-smuggling task force and intensify its campaign against illicit trade......»»

Source: Philstar PhilstarCategory: FinanceJul 17th, 2018Related News

Shakey s gets a slice of Middle East with opening of new Dubai store

Shakey’s Pizza Asia Ventures, Inc. (SPAVI) on Tuesday announced it has opened its first store in Dubai as part of its plan to have a slice of Middle East market and take advantage of the region’s large Filipino population for future growth......»»

Source: Philstar PhilstarCategory: FinanceJul 17th, 2018Related News

Duterte to intensify defense cooperation with Malaysia

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte has committed to intensifying Manila’s defense and security cooperation with the Malaysian government to address terrorist threats and terrorism activities in the ASEAN region following his bilateral meeting with Prime Minister Dr. Mahathir bin Mohamad in Kuala Lumpur on Monday, July 16, Malacañang said. The Palace […].....»»

Source: Bworldonline BworldonlineCategory: FinanceJul 17th, 2018Related News

Remittance growth eases to 6.1% in May 2018

Remittances from Filipinos abroad grew above six percent in May, helping boost the country’s thinning foreign exchange buffer against external shocks, the Bangko Sentral ng Pilipinas reported yesterday......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

Planned ecozone projects decline 56% in 6 months

Investment pledges for projects registered with the Philippine Economic Zone Authority declined by 56 percent in the first semester from a year ago, amid continued concerns on the proposed second package of the government’s tax reform program which would rationalize incentives given to investors......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

Sluggish trades halt market advance

Share prices declined yesterday due to the absence of market-moving news......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

Philippines to sustain growth momentum – FMIC

The Philippines is expected to sustain its growth momentum despite challenges brought about by inflation, rising interest rates and a weak peso, First Metro Investment Corp. (FMIC) said yesterday......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

T-bill yields mixed as 91-day tenor swamped

The Bureau of the Treasury (BTr) yesterday made a full award of the 91-day Treasury bills (T-bills), but partially made awards of the 182-day and 364-day securities amid higher rates asked by investors......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

Robinsons Bank raises P1.8 billion via LTNCD issue

Gokongwei-led Robinsons Bank Corp. has raised P1.78 billion from the issuance of long-term negotiable certificates of deposits to support its expansion plans and diversify the maturity profile of its funding sources......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

ABS-CBN cuts ties with Globe on mobile network sharing

ABS-CBN Convergence, the broadcast giant’s mobile telecommunications unit, is not renewing its network sharing agreement with Globe Telecom as the partnership is set to expire this year......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

TRAIN: ‘til death are we taxed – softening the imposition of estate tax

It is difficult to accept the death of a loved one. The lifetime bonds that were formed with them make it all the more difficult to come to terms after they pass away......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

New markets eyed for dive tourism

The Department of Tourism is eyeing to attract new markets for dive tourism as it is set to host a number of business-to-business meetings between foreign and local stakeholders......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

The PAL-Airbus story

This story began in a charming French city nicknamed La Ville Rose, the one with pinkish terracotta bricks, cobblestone streets, and small French cafes; the one which the Visigoths conquered during the Dark Ages; the one where old slaughterhouses have long been forgotten, their smears of blood now covered with art, and the one where the 16th century arched bridge Pont Neuf glistens under the setting sun......»»

Source: Philstar PhilstarCategory: FinanceJul 16th, 2018Related News

After Wimbledon, reborn Djokovic targets US Open

LONDON -- With his Grand Slam reputation and place back in the world top 10 restored, Novak Djokovic will now target a third career Wimbledon/US Open double after clinching his fourth title at the All England Club......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 16th, 2018Related News

France set for heroes’ welcome after thrilling World Cup win

MOSCOW -- Victorious France were set to return to a heroes’ welcome today after winning the World Cup for the second time with a roller coaster 4-2 victory over Croatia which set off chaotic celebrations at home......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 16th, 2018Related News

France wins 2nd World Cup

MOSCOW -- France celebrated their second World Cup win 20 years after their maiden triumph on Sunday, overcoming a passionate Croatia side, 4-2, in one of the most gripping finals in recent history......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 16th, 2018Related News