Asian leaders plan to strike RCEP trade deal Sunday without India

Biden urges unity in victory speech after beating Trump

Grain grab: Chinas global hunt for feed grains roils world market

The price of almost all Noche Buena items will stay the same as that of last year, despite higher manufacturing costs due to the coronavirus pandemic, the trade department said Monday.Read more

US airlines to end year with 90,000 fewer workers

Australia central bank says recovery underway, population slowdown a major drag

Southeast Asias largest economy shrank 3.49% on an annual basis in the July-September period, compared with a 3% decline forecast in a Reuters poll. The economy contracted 5.32% in the second quarter.Read more

Bahay ni Nadia Montenegro, binaha dahil sa bagyong Ulysses

With Americas knife-edge election yet to be called, and the Covid-19 pandemic surging across the nation, analysts will be watching the Federal Reserve on Thursday for signs of whether it may step in again to help the US economy survive the coronavirus downturn.Read more

Finance Secretary Carlos Dominguez III is hopeful the Philippine economy can go back on track.Read more

Democrat Joe Biden urged unity Saturday and promised a new day for America in his first national address since he won the tense US election and ended the historically turbulent and divisive era of Donald Trump.Read more

Palace: Dont ask NasaanAngPangulo, says Duterte on top of situation

Japanese Prime Minister Yoshihide Suga said the government will do all it can to help the economy recover, signalling his readiness to compile another stimulus package to cushion the blow from the coronavirus pandemic.Read more

Undersecretary Mark Dennis Joven, Department of FinanceUpdated as ofNov 07 01:24 PM

Japans Suga signals readiness for new stimulus package

Howard Schneider, Ann Saphir and Jonnelle Marte, ReutersPosted atNov 06 08:32 AM

Neil Irwin, The New York TimesPosted atNov 09 02:19 PM

President-elect Joe Biden, a champion of green energy and a higher minimum wage, could prove to be a game-changer for some US businesses.Read more

How will Joe Biden change life for US businesses?

Duterte administration is borrowing responsibly

The Federal Reserve kept its loose monetary policy intact on Thursday and pledged again to do whatever it can in coming months to sustain a U.S. economic recovery losing speed amid a spreading coronavirus pandemic and facing uncertainty over a still-undecided presidential election.Read more

Joe Biden will be inaugurated in January amid an economy that is likely to be slowly recovering from collapse. The Senate will probably be in the hands of Republicans an opposition party perhaps willing to do enough to try to prevent steep damage to the economy and markets but unwilling to embrace the kind of multitrillion-dollar spending agenda that could generate a Biden boom.Read more

Philippine inflation accelerated to a three-month high in October.Read more

Leaders of 15 Asia-Pacific countries plan to strike a regional free trade agreement on Sunday without India, creating an economic bloc representing around a third of the worlds gross domestic product and population, sources familiar with the matter said Monday.Read more

the Bangko Sentral ng Pilipinas said on Wednesday.Read more Jamaine Punzalan,stepping into political fraySenate approves on final reading FIST bill to cushion banks from bad loansPeter Hutchison and Sebastian Smith,Agence France-PresseUpdated as ofNov 08 12:00 PMA stock analyst said storms historically cost the Philippines around 1 percent to 2 percent of its gross domestic product.Read more Indonesias economy shrinks year-on-year in Q3,the Philippines is confident that it will weather the effects of the COVID-19 pandemic with its financial capacity to repay its loansRead more Virus-hit Japanese companies turning to early retirement to cut costsKatrina Domingo,even as the Philippines continued battling the COVID-19 pandemic.Read more Dissecting Data: PH economy sees second worst contraction on record in third quarterOne of the Philippines most influential business groups on Sunday said it was emboldened by the victory speech of US President-elect Joe Biden who vowed to unite his country.Read more PH finishes 4th runner-up in Miss Globe pageant in AlbaniaFilipinos to see better days soon: MalacañangStorms cost Philippines 1-2 pct of GDP: stock analystFIBA: Ateneos Kouame included in Gilas pool for FIBA Asia Cup qualifiersWarren de Guzman and Edson Guido,Italys PM reassures kidsThe number of Japanese companies introducing early retirement programs in the first 10 months of the year was more than double the level of the whole of the previous year amid the coronavirus pandemic,With COVID-19 vaccine coming,ABS-CBN NewsPosted atNov 10 07:33 PMThe Philippines got hit by the second worst quarterly contraction in its economy on record in the third quarter. At 11.5 percent,Agence France-PresseUpdated as ofNov 10 08:43 AMThe Senate on Tuesday unanimously passed on final reading the Financial Institutions Strategic Transfer (FIST) Act bill to cushion banks from the possible build up of bad loans due to the COVID-19 crisis.Read more Malacañang on Thursday said Filipinos will eventually see better days,the third quarter contraction was certainly slower than the second quarters 16.9 percent contraction,

as well as government projections.Read more No lockdown for Santa,Agence France-PressePosted atNov 05 02:53 PMFed keeps policy steady as Biden inches closer to victoryUS congressman who ridiculed coronavirus now COVID-19 positiveJuliette Michel,Dominguez hopeful PH can recover by managing COVID-19 risksRabiya Mateo all set for Miss Universe PH homecoming in IloiloDTI: No price hike for almost all Noche Buena itemsPope Francis congratulates Biden,ABS-CBN NewsPosted atNov 09 05:22 PMWalangTubig: Maynilad announces service interruptions on Nov. 13Despite shrinking economy,up for fourth straight monthAustralias central bank on Friday nudged up its forecasts for near-term economic activity but warned that a drastic downturn in population growth meant the economy would be noticeably smaller than assumed pre-pandemic.Read more Why the Biden economy could be the same slog as the Obama economyEven with the spike in borrowings,ABS-CBN NewsPosted atNov 10 03:29 PMAngeline Quinto postpones cremation of Mama Bob due to typhoonForeign direct investments hit $637-M in August,according to a survey by a research firm.Read more The Philippines booked a $637 million net inflow of foreign direct investments (FDI) in August,which was 46.9 percent higher compared to the same month last year,but it was still worse compared to most private sector expectations?suffers first recession in over 20 yearsHeather Scott!

Philippine business group says emboldened after Biden victory

PH inflation accelerates to 3-month high 2.5 pct in October