Topic page on business | ABS-CBN News

Consumer group pushes for audit of Maynilad, Manila Water

ABS-CBN News
Posted at Dec 12 12:04 AM

A local consumer group pushes for the crafting of a new water concession agreement, even after distributors Manila Water and Maynilad dropped their multibillion-peso claims against the government. Read more »

DBCC cuts PH economic growth target

ABS-CBN News
Posted at Dec 11 11:43 PM

The Philippine Development Budget Coordination Committee slashed its economic growth target for the local economy, citing its prudent fiscal policy for the coming years. Read more »

Lawmakers grill task force over conflicting data on POGO employees

ABS-CBN News
Posted at Dec 10 11:32 PM

The government's task force on Philippine offshore gaming operations (POGO) is in hot water as it continues to present conflicting data on foreign POGO employees. Read more »

Water regulator revokes extension of Maynilad, Manila Water concession deals

ABS-CBN News
Posted at Dec 10 11:27 PM

Manila's water regulator revoked the extension of its concession agreement with Maynilad and Manila Water. Read more »

Enrique Gil to launch his own fragrance line

ABS-CBN News
Posted at Dec 10 02:00 PM

Enrique Gil is set to launch his own fragrance line next year. Read more »

Makati City imposes indefinite moratorium on new POGOs

ABS-CBN News
Posted at Dec 10 12:13 AM

At least one lawmaker hopes other cities will implement a similar ban. Read more »

BFAR to import galunggong to address fish supply shortage

ABS-CBN News
Posted at Dec 06 11:39 PM

But the planned importation met strong opposition from a local fishermen's group. Read more »

Duterte administration refuses to pay P7-B compensation to Manila Water

ABS-CBN News
Posted at Dec 06 11:29 PM

One lawmaker warns a failure to pay up could mean more losses for the country. Read more »

LRA eyes centralized registry for movable assets

ABS-CBN News
Posted at Dec 06 11:25 PM

Another measure aimed at reducing income inequality is the Personal Property Security Act. Read more »

PH gov't set to review poverty reduction targets

ABS-CBN News
Posted at Dec 06 11:14 PM

But not everyone is impressed by the latest data. Read more »

PH shares snap 3-week losing streak ahead of BSP's last policy meeting for 2019

ABS-CBN News
Posted at Dec 06 11:11 PM

Philippine shares joined the regional uptrend, snapping three weeks of losses. Read more »

Water supply interruptions expected despite Angat water level rise

ABS-CBN News
Posted at Dec 05 11:20 PM

Rotating water interruptions are set to continue despite the improved water level in Metro Manila's main water source. Read more »

Strong jobs data mean better spending power for consumers: analyst

ABS-CBN News
Posted at Dec 05 11:11 PM

While economists welcome the record low unemployment figures in the Philippines, the country's top economic agency is still pushing for more reforms to make sure more Filipinos find gainful jobs. Read more »

PH shares fall as water concessionaires' slump continues

ABS-CBN News
Posted at Dec 05 11:09 PM

The continued decline in shares of local water concessionaires was the culprit for Thursday's slump. Read more »

QC to also ban paper bags for groceries in 2 years

Kristine Sabillo, ABS-CBN News
Posted at Dec 05 08:55 PM

Environmental groups have recently criticized companies for replacing plastic with either paper or so-called biodegradable plastic, which are both still detrimental to the environment. They have called on the public to refuse single-use packaging regardless of its material. Read more »

Ride-hailing app Angkas hopes for extension of pilot run

ABS-CBN News
Posted at Dec 04 10:47 PM

The local riding public rallies behind motorcycle taxi-hailing app Angkas as the end of the firm's 6-month pilot testing period draws near. Read more »