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Manila, PH
Wednesday, April 26, 2017

Philippines stocks higher at close of trade; PSEi Composite up 0.14%

The local stock barometer ended slightly higher yesterday on selective buying of large-cap stocks while regional investors closely monitored the first round of French elections. The Philippine Stock ...

Selective buying of large-cap stocks lifts PSEi

The benchmark Philippine Stock Exchange Index (PSEi) ended last week on negative territory following two consecutive weekly advances. Its upward trend, however, remained consistent as average daily t...

PEZA to Ban Online Gambling Operations in Its Accredited Buildings

Plaza said the Department of Energy (DOE) has agreed in principle to a proposal to charge P2.50 per kilowatt-hour (kWh) of consumption of those locating in ecozones in initially three recommended reg...

First Global Signs Agreement for Global Remittances and Payments to India

India topped the list of countries of remittances receiving nations despite an 8.9 per cent drop, according to a World Bank report. The report said that the remittances to developing countries decrea...

Oil crisis, economic slowdown, tightening visa norms hit remittances; decline to continue ...

TORONTO, April 24, 2017 /CNW/ - First Global Data ("First Global" or the "Company") is pleased to announce that it has signed an Agreement with Avenues Payments India for Global Remittances & Pay...

World Bank says remittance growth only seen in LAC region

Cash sent by migrants to their home countries declined for the second straight year in 2016, but the Philippines bucked the trend and enjoyed strong remittance flows, the World Bank said. In its Apri...

SM buys dormitel chain “MyTown”

Manila's gridlocked traffic is encouraging young professionals to consider 'dormitels' as an accommodation option to keep commutes manageable. MANILA -- SM Investments, a leading Philippine conglomer...

Belle eyes 2nd Philippines casino

BELLE CORP ANNUAL STOCKHOLDERS MEETING: Top officials of Belle Corp. led by (from left) CEO Manuel Gana, corporate secretary A. Bayani Tan, vice chairman Willy Ocier, vice chairperson Elizabeth Uycha...

AMLC files money laundering raps vs. ex-RCBC branch manager

THE Department of Justice (DOJ) has found probable cause to charge former Rizal Commercial Banking Corporation (RCBC) bank manager Maia Deguito and the officers of Philrem Service Corporation (Philre...

PHL may tap UK’s £4.5-B facility for infra spending –DOF

The Philippines may tap the United Kingdom's £4.5-billion export-import facility to beef up its war chest amid its massive public spending program, the Department of Finance (DOF) said Sunday. In a...

Amundi & World Bank unite for ‘world’s largest’ green bond fund

The World Bank Group's International Finance Corporation announced that the company and an asset management firm Amundi agreed to establish a $2 billion green-bond fund, which would finance climate i...

South Korea to bring up US restriction of steel imports at WTO meeting

In Photo: Metal components for office cubicles and furniture are stacked in a storage area after being manufactured at the Roll Forming Corp. plant in Shelbyville, Kentucky, US in this January 6 phot...

FY2017 Earnings Forecast for The Coca-Cola Co Issued By Jefferies Group (KO)

THE boycott on the Coke products in Negros Occidental seemed to have no significant effects on the beverage firm. Ma. Rommin Diaz, Coca-Cola Femsa Philippines external communications and sustainabili...

American Airlines Is Investigating the Flight Attendant Who Jeered At a Passenger to ̶...

A shocking video has emerged of an American Airlines flight attendant threatening to fight a passenger after the employee allegedly hit a mother with a stroller. The footage, filmed on a flight from ...

United Airlines reverses plans to make CEO Oscar Munoz chairman after passenger dragging s...

ESCAPE: Saranyu 'Ice' Winaipanit almost missed a concert when his flight was overbooked. (Bangkok Post file photo). - +. Saranyu Winaipanit, a pop idol and movie star better known as "Ice", almost di...

Feeling Pressed by Beijing, Auto Makers Set Plans to Build Electric Cars in China

With car sales widely expected to lose their momentum in China this year, manufacturers have decided the middle class's growing appetite for SUVs and clean-energy vehicles is their best bet. Followin...

More jobs listed in PhilJobNet

At least 10,362 job opportunities await thousands of jobseekers in job and business fairs in Central Luzon, which is part of the nationwide activities of the labor department in celebration of the 11...

Pennsylvania offers amnesty on $3.47B in back taxes

HARRISBURG, Pa. (WHTM) – Pennsylvania residents and businesses with unpaid state taxes can have all penalties and half of the interest waived for the next 60 days. The state Department of Revenue ann...

UN tool uses satellite data to help farmers save water

There is a direct relationship between water and food security. In order to be sustainable, agriculture must adapt to the impacts of climate change and grow food with less water. Quick Read. Using sa...

Emirates made the right move, will help save costs: experts

DUBAI. In this Wednesday, March 22, 2017 file photo, an Emirates plane taxis to a gate at Dubai International Airport at Dubai International Airport in Dubai, United Arab Emirates. (AP). DUBAI, Unite...