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Lack of quorum invalidates TRAIN bill, says solon

MANILA - A party list representative questioned the ratification of the Tax Reform for Acceleration and Inclusion (TRAIN) bill Wednesday night due to lack of quorum. 

World Bank sees Malaysia's economy growing 5.2% in 2018 - The Star Online


The Star Online

World Bank sees Malaysia's economy growing 5.2% in 2018
The Star Online
KUALA LUMPUR: The World Bank projects Malaysia's economy to continue at a strong pace of 5.2% in 2018, though slightly slower compared with the expected 5.8% growth this year. The World Bank's Malaysia Economic Monitor report issued on Thursday said ...
World Bank revises Malaysia's 2017 growth estimate to 5.8 percentReuters
Condor Airlines commences winter service to Kuala Lumpur in 2018New Straits Times Online
World Bank revises Malaysia GDP target for 2017 againThe Sun Daily
Flightglobal -Nikkei Asian Review -The Edge Markets MY -micebtn
all 17 news articles »

Philippines' Megawide, India's GMR lead bids for Manila airport expansion - Reuters


Reuters

Philippines' Megawide, India's GMR lead bids for Manila airport expansion
Reuters
MANILA (Reuters) - A consortium of the Philippines' Megawide Construction Corp and India's GMR Infrastructure Ltd has emerged as the front-runner to upgrade an airport north of Philippine capital Manila, bid authorities said on Thursday. Vehicles cross ...

and more »

ADB raises growth outlook for PH anew - InterAksyon


InterAksyon

ADB raises growth outlook for PH anew
InterAksyon
The Asian Development Bank (ADB) has again raised its economic growth outlook for the Philippines this year and in 2018 over accelerating infrastructure spending and robust consumption. BUSINESSWORLD PHOTO. MANILA – The Asian Development Bank (ADB) has ...
ADB upgrades Philippine growth outlookPhilippine Star
ADB raises growth forecasts for PHManila Bulletin
Amid infra buildup, ADB raises PH growth forecasts for 2017, 2018Inquirer.net
Rappler -The Manila Times -Bangkok Post -The New Indian Express
all 59 news articles »

Tropical Depression Urduja slightly intensifies, slows down

Tropical Depression Urduja has slightly intensified and slowed down, threatening Samar provinces, according to the state weather bureau late Thursday morning.

Bitcoin fever exposes crypto-market frailties

As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.

 

AirAsia names Riad Asmat CEO, shuffles senior leadership roles - Marketing Interactive


Marketing Interactive

AirAsia names Riad Asmat CEO, shuffles senior leadership roles
Marketing Interactive
AirAsia has appointed Riad Asmat (pictured left) as its new chief executive officer (CEO) for its Malaysia-based operations, to succeed Aireen Omar (pictured right), who has been promoted to deputy group CEO – digital, transformation, corporate ...
Bidding for AirAsia's leasing arm in last lapThe Star Online
Leadership changes as AirAsia embarks on digital transformationTTG Asia
AirAsia to sell leasing arm by March 2018The Edge Markets MY
TTR Weekly -The Sun Daily -Reuters -euronews
all 13 news articles »

Car sales grow amid planned tax increase for 2018 - Inquirer.net


Inquirer.net

Car sales grow amid planned tax increase for 2018
Inquirer.net
A month before new excise car taxes are slapped, car and truck manufacturers reported reaching one of their highest growths in sales this year, recent data showed. Data from the Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and ...
Motor vehicles sales post record growth in NovemberManila Bulletin
Car sales breaches 40K-mark in November '17InterAksyon
Auto sales up 16.8% ahead of higher taxesThe Manila Times
GMA News -ABS-CBN News -AutoIndustriya.com -The Standard
all 9 news articles »

Fed rate increase is 3rd this year; foresees 3 more in 2018 - Philippine Star


Philippine Star

Fed rate increase is 3rd this year; foresees 3 more in 2018
Philippine Star
Federal Reserve Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Dec. 13, 2017. The Fed said Wednesday that it's lifting its short-term rate by a modest quarter-point to a ...
What Bubbles Will Pop In 2018?Forbes
Dollar on defensive after Fed leaves rate outlook unchangedReuters
Fed Predicts Modest Economic Growth From Tax CutNew York Times
ABC Online -BBC News -Rappler -Washington Post
all 1,028 news articles »

Tropical Depression Urduja accelerates, Signal No. 1 up in 16 areas

Tropical Depression Urduja on Thursday morning accelerated as it moved closer to Eastern Samar, state weather bureau PAGASA reported.

WTO meeting ends in stalemate after US rebukes, member vetoes

The World Trade Organization's biennial meeting ended in stalemate on Wednesday after US criticism and member country vetoes, raising questions about the body's ability to govern increasingly disputed global trade.

Fed raises interest rates, keeps 2018 policy outlook unchanged

The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in US economic growth from the Trump administration's proposed tax cuts.
 

Globe's signal suffers from interference - The Standard


Globe's signal suffers from interference
The Standard
Globe Telecom Inc. said Tuesday it detected mobile service interference in more than 1,200 cell sites caused by illegal signal transmitters such as signal boosters, repeaters and radio frequency identification this year. Globe said around 60 percent of ...

and more »

Gokongwei firm buys stake in online retailer - Inquirer.net


Inquirer.net

Gokongwei firm buys stake in online retailer
Inquirer.net
Gokongwei-led Robinsons Retail Holdings Inc. (RRHI) has acquired a 20-percent stake in the company that operates e-commerce site BeautyMNL, a leading local online retailer of personal care and beauty products. RRHI told the Philippine Stock Exchange on ...
Robinsons Retail invests in BeautyMNL operatorRappler
RRHI buying 20% of beauty firmManila Bulletin
Robinsons Retail buys stake in BeautyMNL ownerThe Manila Times
Business Mirror -e27 -DEALSTREETASIA
all 8 news articles »

France proposes age-of-consent rule for Facebook users

All French children under the age of 16 will have to seek parental approval to open an account on Facebook or any other social network under draft legislation presented on Wednesday.

Urduja slightly accelerates, Signal No. 1 over 10 areas

Tropical Depression Urduja slightly accelerates as it approaches eastern Samar-northern Samar area, PAGASA reported in its Severe Weather Bulletin issued early Thursday morning.

Dominguez: Bicam-approved TRAIN to yield P130-B in 1st year

(UPDATED) Finance Secretary Carlos G. Dominguez III is "very pleased" with the bicameral committee-approved version of the Tax Reform Acceleration & Inclusion (TRAIN) Bill.

Bagong sistema sa buwis, pirma na lang ni Duterte ang kulang

Aprubado na ng Kongreso ang Tax Reform For Acceleration and Inclusion bill matapos ratipikahan ng Kamara at Senado nitong gabi ng Miyerkoles. Mainit na pinagtalunan sa parehong kapulungan ang pagbubuwis sa local coal.

Japanese carmakers lead in 2017 auto sales in the Philippines

Top Japanese auto manufacturers Toyota Motor Corp. and Mitsubishi Motors Corp. are leading in the sale of automobiles in the Philippines, together accounting for 60 percent of 380,000 units sold so far this year, according to industry data obtained Wednesday.

These are the most searched phones on Google in 2017

Google highlighted this year’s trending gadgets in the Philippines in its annual “Year in Search.” A mix of high-end and mid-range smart phones topped the list.
 

PH stocks post modest gains amid tax reform bill

The local stock market eked out modest gains, boosted by excitement over the tax reform bill.

China Telecom studies PH entry after Duterte offer

The possible entry of China Telecom as the country's third telco player draws mixed reactions, but a tech expert downplays concerns, saying China has long been participating in the Philippine's telco industry. 

RCBC chief expects double-digit growth next year

MANILA - Publicly-listed Rizal Commercial Banking Corp. (RCBC) said it expects to book double-digit growth in earnings next year on the back of its robust core businesses as it has moved on from the $81-million cyber heist.
 

'Security data ng Pinas, alanganin kung Chinese ang internet provider'

Samu't sari ang reaksiyon ng publiko sa balitang isang Chinese company ang maaaring mag-alok ng mas mabilis na internet sa Pilipinas.

TDF auction size cut by half - Philippine Star


Philippine Star

TDF auction size cut by half
Philippine Star
The BSP auction committee decided to cut the volume of the facility by half to P40 billion next Wednesday from yesterday's P80 billion. This is the fifth time the offer size has been reduced since the TDF was launched in June last year as part of the ...
BSP: Bitcoin trade in PH quadruples as sheen lures young PinoysInquirer.net
PH bitcoin transactions averaging $8M monthlyThe Manila Times
BSP scraps 28-day TDF offering for Dec. 20 auctionInterAksyon
Manila Bulletin -Business Mirror -The Standard
all 9 news articles »

Congress ratifies tax reform bill

Congress on Wednesday night ratified the Tax Reform for Acceleration and Inclusion (TRAIN) bill despite objections from several lawmakers and senators, a lawmaker said. 

Urduja maintains strength, continues to move towards Samar Island

Tropical Depression Urduja has maintained its strength as it approaches Samar Island, PAGASA reported in its Severe Weather Bulletin late Wednesday evening.

Property analyst sees BPO 'resurgence' in 2018

Despite the decline in office take-up in 2017, the Business Process Outsourcing (BPO) industry is likely to make a resurgence next year, a property consultant said.

DOJ indicts tuna canning firm officials

The Department of Justice (DOJ) has found probable cause to indict several officers of publicly listed tuna canning firm Alliance Select Foods International, Inc. (Alliance) for violations of the Corporation Code, stemming from its stockholders' plea to inspect the firm’s corporate books and records.

Most Asia Pacific banks have stable outlook – Moody's - Manila Bulletin


Manila Bulletin

Most Asia Pacific banks have stable outlook – Moody's
Manila Bulletin
Moody's Investors Service yesterday said Asia Pacific banking systems have stable outlook for next year but still face long-term risks due to the “high level of private-sector leverage.” “Solvency metrics will be stable in most of the banking systems ...
Moody's rates Thai banking as stable, warns of debt risksBangkok Post
Strong economic momentum, ageing population boost APAC insurance outlookSingapore Business Review

all 4 news articles »

Signal No. 1 over Eastern Samar as TD Urduja moves toward Northern Samar

According to its weather bulletin issued at 5 p.m., PAGASA said Urduja was spotted at 395 kilometers east of Guiuan, Eastern Samar, packing maximum sustained winds of 55 kilometers per hour and gustiness of up to 65 kilometers per hour.

PAGASA: Another weather disturbance may enter PAR days before Christmas

PAGASA forecasters said Wednesday another weather disturbance may enter the Philippine Area of Responsibility days before Christmas.  

New island offers clues in search for life on Mars, says NASA

Examining how life gained a foothold on the Tongan island could help scientists pinpoint where to look for evidence of life on Mars, said NASA.

Global investors launch climate plan to pressure gas emitters

A group of more than 200 global investors, including banking giant HSBC and French insurer AXA, launched an initiative on Tuesday to pressure major greenhouse gas emitters to fight climate change.

TD Urduja maintains strength, expected to intensify into storm -- PAGASA

Tropical Depression Urduja has maintained its strength and continues to move north northwest over the Philippine sea, weather bureau PAGASA said Wednesday.  

Twitter makes 'tweetstorms' easier with 'threads'

Twitter said Tuesday said it would make it easier for users to build "tweetstorms" by linking together posts in "threads" to expound at length at the famously short-form messaging service.

TD Urduja keeps course, strength; showers expected over east PHL areas

Tropical Depression Urduja, which maintained its strength and course overnight, was expected to bring cloudy conditions with scattered to widespread rainshowers and thunderstorms over the Bicol Region and the Eastern Visayas, PAGASA reported in Wednesday morning forecast.

World Bank to cease financing upstream oil and gas after 2019

The World Bank will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in the poorest countries in exceptional circumstances, it said on Tuesday, drawing praise from environmental groups.

Warming, melting Arctic is ‘new normal’

An increasingly warm Arctic, where temperatures rise twice as fast as the rest of the planet and ice melts at an alarming pace is the "new normal," warned a global scientific report Tuesday.

TD Urduja maintains strength; rain expected over the eastern PHL

Tropical Depression Urduja maintained its strength as it made its way slowly across the Philippine Sea, weather service PAGASA reported in a Tuesday night bulletin.  

Investing in quality education

To harness demographic dividends

A bold evolution

An evening of memorable celebration went under-
way as Baldwin® Hardware, one of the leading brands
of the Hardware & Home Improvement (

Employers also look for socioemotional skills when hiring

MANILA, Philippines — Around two-thirds of employers in the Philippines have difficulty filling vacancies as most workers   lack the appropriate socioemotion

Businesses likely to hire more IT, e-commerce experts

MANILA, Philippines — Local businesses are expected to hire more experts in information technology and e-commerce next year, highlighting the economy’s shift

BTr names top market makers

MANILA, Philippines — The Bureau of the Treasury has named the 10 “market makers” under its Enhanced Government Securities Eligible Dealers (GSED) program as

Philippine banks ready vs shocks – BSP

MANILA, Philippines — The country’s banking sector is strong and stable amid the reforms adopted over the past decade, according to the Bangko Sentral ng Pil

Investment opportunity in green buildings to hit $2 B by 2020

Driven by population growth, rapid urbanization

Lexus goes beyond the motor

Lexus Manila, Inc.