Business

President Aquino approves merger of DBP and Landbank

PRESIDENT Aquino has approved the merger of the Development Bank of the Philippines (DBP) and the Land Bank of the…

Tokyo stocks drop to lowest since 2014 on global recession fears

TOKYO, Japan (AFP) -- Tokyo stocks dropped again Wednesday to their lowest level since late 2014, as fears of a…

Tourism: A tenth of the world economy

PARIS, France (AFP) -- Terrorism and epidemics now and again make a dent in tourism numbers, but the sector usually…

US crude rebounds in Asia but supply glut worries weigh

SINGAPORE, Singapore (AFP) -- Oil prices rebounded on bargain-buying in Asia Wednesday after the previous day's plunge but analysts warned any…

WTO Trade Facilitation Agreement to enhance ease of doing business in Phl

MANILA, Feb. 10 (PIA) -- Philippine products and services are bound to reach an even wider international market once the World Trade…

Yen soars as equity market turmoil hammers sentiment

TOKYO, Japan (AFP) -- The yen on Tuesday jumped to its highest level against the dollar since late 2014 as a…

EU-GSP+ Monitoring Report: PH, making good progress on implementation of Conventions

BRUSSELS - The European Commission adopted its first GSP Monitoring report to the European Parliament and the Council, including an…

Lower food, non-food prices pull down inflation in January 2016

MANILA, Feb. 7 -- Slower price adjustments in both food and non-food items pulled down inflation to 1.3 percent in January…

Inflation rate drops to 1.3%

MANILA, Philippines - According to the National Economic and Development Authority, the country's inflation rate dropped to 1.3% this January…

Mark Zuckerberg, fourth richest man in the world

According to the Bloomberg Billionaire's Index, 31-year old Mark Zuckerberg, Chief Executive Officer of social networking giant Facebook, is the…

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