Daily Business News

AFP ‘60% at par’ with Asean neighbors due to modernization drive

Armed Forces of the Philippines (AFP) chief-of-staff Gen. Gilbert Gapay on Monday said the country's military is now "60-percent at par" with neighboring countries...

PH stocks register modest 0.97% gain as investors take positions for 2021; Peso goes sideways vs US dollar

The Philippine Stock Exchange index (PSEi) rose Monday partly on positioning ahead for the new year while the peso ended sideways against the US...

China November exports rebound on strong US consumer demand

China’s politically sensitive trade surplus soared to a record $75.4 billion in November as exports surged by 21.1 percent over a year earlier, propelled by American consumer demand. Exports...

DTI launches app to help women entrepreneurs expand into new markets

Filipino women entrepreneurs can build strong networks and strike business global deals through the SheTrades Philippines hub, the first in Asia. The Department of Trade...

Govt subsidies to state-owned firms reach P6.31 billion in October

The amount of subsidies extended by the government to state-owned entities went down in October, data from the Bureau of the Treasury (BTr) showed. BTr...

About half of PH executives see investment in digitalization as vital amid Covid pandemic

An study conducted by IBM showed that top executives of Philippine-based firms will continue investing in digital technology in the next two years, accelerating...

Science agency says smart manufacturing technologies applicable for MSMEs

Micro, small and medium enterprises (MSMEs) are being encouraged to use smart manufacturing technologies to reduce cost, and improve productivity and business agility. In a webinar, Glen...

APEC ‘most important multilateral engagement’ of PH so far

The Asia-Pacific Economic Cooperation (APEC), an organization that  promotes free trade and economic cooperation in the Asia-Pacific region, remains the Philippines' most important multilateral engagement. This...

Telecom firm NOW flexes muscle with Nokia 5G deal

NOW Corp. and its affiliate NOW Telecom, obviously aspiring to become the next major telecom player in the Philippines, has forged an agreement with Finnish...