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Remittances in November up 0.3% to $2.38b

Remittances from overseas Filipino workers grew in the third straight month, providing the economy foreign funds amid the economic slump brought about by the coronavirus pandemic......»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

Car sales sank 40% to 276,232 in 2020

Vehicle sales fell 39.6 percent in 2020 from a year ago because of the impact of the quarantine restrictions imposed by the government to contain the spread of the coronavirus pandemic......»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

San Miguel to pursue Pasig River road link

San Miguel Corp. said Thursday it expects to complete a new expressway by 2023 that will further decongest Metro Manila. .....»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

DPWH signs P19.3-b contract with Chinese firm to build 4-km Samal bridge

The Department of Public Works and Highways said Thursday it signed a P19.32-billion contract with China Road and Bridge Corp. for the design and construction of the 3.98-kilometer Samal Island-to-Davao City Connector Project......»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

Holcim plans to invest P121.5m in fuel facility

Cement maker Holcoim Philippines Inc. said Thursday it will invest P121.5 million to build an alternative fuel processing facility in its manufacturing plant in Norzagaray, Bulacan......»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

LNG companies eye more incentives in bill

Industry players in the emerging liquefied natural gas industry are seeking more incentives to help ensure the development and sustainability of the natural gas sector......»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

Market climbs; AC Energy, Apollo Global lead gainers

The stock market rebounded Thursday in step with the rest of Asia, as investors await Joe Biden’s proposals for a vast new stimulus as well as comments from the head of the Federal Reserve on its policy outlook......»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

Basud Elementary School receives school building from SM Foundation

Due to the Philippines’ large population, several schools throughout the country, particularly in far-flung areas, have to deal with providing students with the proper education that they need to advance in life despite being cramped together in small, and sometimes dilapidated rooms or school buildings.  .....»»

Source: abscbn abscbnCategory: lifestyleJan 15th, 2021Related News

DTI expects firms to recover in 2021

The Department of Trade and Industry supports the optimistic business outlook for 2021, citing the latest Social Weather Stations optimism report released in November......»»

Source: abscbn abscbnCategory: lifestyleJan 11th, 2021Related News

PT& T taps US firm for digital products

Philippine Telegraph and Telephone Corp. said over the weekend it teamed up with  US-based IT solutions provider Status Pros to enable companies to work and manage the workforce from anywhere or outside their traditional office amid the global pandemic......»»

Source: abscbn abscbnCategory: lifestyleJan 11th, 2021Related News

Market likely to consolidate amid rising virus infections

Share prices at the Philippine Stock Exchange are expected to consolidate within the 7,000 to 7,300-point level over the near-term period as investors weigh rising COVID 19 cases and the availability of vaccine in the country within the first half of the year......»»

Source: abscbn abscbnCategory: lifestyleJan 11th, 2021Related News

SMC unit to build P67-b power plant

Excellent Energy Resources Inc., a unit of SMC Global Power Holdings Inc., is building a 1,700-megawatt combined cycle power plant in Barangay Dela Paz and Ilijan in Batangas City with investments of about P67.863 billion......»»

Source: abscbn abscbnCategory: lifestyleJan 11th, 2021Related News

Shopee drivers protest over delayed salary

Delivery motorcycle riders expressed dismay at online seller Shopee and its contractors for alleged delayed salary, unpaid incentives and benefits and non-payment of accident insurance......»»

Source: abscbn abscbnCategory: lifestyleJan 11th, 2021Related News

Petron eyes 4-month refinery shutdown

Petron Corp. plans a four-month economic shutdown of its refinery in Limay, Bataan starting February before making a final decision, its top executive said over the weekend......»»

Source: abscbn abscbnCategory: lifestyleJan 11th, 2021Related News

Gov& rsquo;t policy on public health not for sale & mdash; solon

Lawmakers reiterated the call for an investigation on the Food and Drug Administration’s questionable receipt of private funding from international private groups, The Union and Bloomberg Initiative, in exchange for the issuance of pre-defined policies on e-cigarettes or vapor products and heated tobacco products......»»

Source: abscbn abscbnCategory: lifestyleJan 11th, 2021Related News

Alliance with the US erased our national interest

The advent of the Trump administration saw the most abominable distortion in US foreign policy. Some say demagoguery has taken over diplomacy that observance of international law lorded by zealots could lead to their salvation......»»

Source: abscbn abscbnCategory: lifestyleJan 8th, 2021Related News

Divided

What is it with this pandemic that instead of compassion and united action abounding, toxicity and division seem to be taking hold across communities and nations, even among families and organizations?.....»»

Source: abscbn abscbnCategory: lifestyleJan 8th, 2021Related News

A compass for the New Year

For this column, I share Pope Francis Message for the celebration of the 54th World Day of Peace. This was issued on December 8 for an annual commemoration held every first of the New Year......»»

Source: abscbn abscbnCategory: lifestyleJan 8th, 2021Related News

He fought on the frontlines until the end

I join everyone in mourning the passing of Metropolitan Manila Authority (MMDA) chairman Danilo D. Lim.  He was 65......»»

Source: abscbn abscbnCategory: lifestyleJan 8th, 2021Related News

PHL-China build-fest resumes

As New Year’s Day 2021 dawned we received the news in Chinese characters in our Messenger inbox. Using Google Translate, we got this headline, “China Harbour won the bid for the Philippine railway project.” .....»»

Source: abscbn abscbnCategory: lifestyleJan 8th, 2021Related News