business

Bicam say those earning P250k yearly won’t be taxed; 13th month pay,other bonuses up to P90k to be tax-free

QUEZON CITY, Philippines (Eagle News) -- The 13th month pay and other bonuses given to employees which would amount to…

Asian markets tumble on sell-off in tech, energy firms

HONG KONG, China (AFP) -- Technology and energy firms were the biggest losers as Asian markets tumbled on Wednesday, extending…

Presyo ng gasolina, diesel at kerosene, bababa sa linggong ito

MANILA Philippines (Eagle News) -- Inihayag ng Department of Energy (DOE) na magpapatupad ng rollback ang ilang kumpanya ng langis…

Apple plans to design its own power chips

(Reuters) -- Apple is designing its own power-management chips for use in iPhones from as early as 2018, according to…

Automakers look to the future in Los Angeles

LOS ANGELES, California (Reuters) -- Car manufacturers' attempts to square what U.S. consumers want against the clean vehicles regulators and…

ADB approves $300M grant-loan for gov’t infrastructure projects

The Asian Development Bank has approved the $300 million grant-loan of the Philippines on its road corridor project. The loan…

Angry Birds maker posts loss despite jump in sales

HELSINKI, Finland (AFP) -- Finland's Rovio Entertainment, creator of the popular smartphone game Angry Birds, on Thursday posted a loss…

Yearly wages reaching Php250K should be exempted from income tax starting January 2018, proposes Senator Recto

MANILA, Philippines (Eagle News) -- Senator Ralph Recto proposed that starting January 2018, those who have a yearly wage of…

Volvo to supply Uber with self-driving cars

STOCKHOLM, Sweden (AFP) -- Swedish carmaker Volvo Cars said Monday it has signed an agreement to supply "tens of thousands"…

AT&T sued, tech lifts Wall Street

Reuters -- A source told Reuters Monday the Justice Department will file a lawsuit blocking AT&T's $85-billion purchase of Time…

Google, Facebook join news organizations in ‘Trust Project’

WASHINGTON, United States (AFP) -- Google, Facebook and other tech firms joined global news organizations Thursday in an initiative aimed…

Philippine economy posts higher growth rate in 3rd quarter of 2017

QUEZON CITY, Philippines (Eagle News) -- The Philippine economy was able to post a 6.9% growth rate during the third…

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