News

Banks need new UK-EU process after Brexit: UK finance minister

Huw Jones, Reuters
Posted at Jun 20 07:04 PM

British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain's finance minister Philip Hammond said on Tuesday.  Read more »

Finance dept to hold tax reform forum

ABS-CBN News
Posted at Jun 19 02:35 PM

The Department of Finance (DOF) will try to drum up more support for the government's tax reform package with a public forum next month.    Read more »

PH shares underperform in Asia, snaps 3-week winning streak

ABS-CBN News
Posted at Jun 17 03:15 AM

Philippine shares were among the worst performers in Asia, falling back to the 7,800 level. Read more »

Grow Your Money: Give Dad a ‘Break’ on Father’s Day

ABS-CBN News
Updated as of Jun 12 08:48 AM

MANILA - Father’s Day is just around the corner. If your dad is always self-sufficient, and you’re at your wits end trying to think of what to give him on Father’s Day, why not consider giving him a “break” – that is, a break from spending? After all, your dad has been hard at work providing for the family, and a little break from all that spending would let him know that you appreciate everything he does. Read more »

PH shares notch third weekly gain

ABS-CBN News
Posted at Jun 10 03:50 AM

Investors in Asia and the Philippines hurdled the trifecta of risk events on Thursday, with Philippine shares notching its third weekly gain. Read more »

PH shares underperform amid 'Super Thursday'

ABS-CBN News
Posted at Jun 09 12:49 AM

Philippine shares take a pause from their heady rally as it slips back below the 8,000 level as investors anxiously anticipate how "Super Thursday" will turn out. Read more »

Mga kakilala ng 'Resorts' gunman, 'di makapaniwala

ABS-CBN News
Updated as of Jun 06 04:50 AM

Sa Tondo, Maynila kung saan lumaki si Jessie Carlos, kahapon lang din nalaman ng mga kaanak at kaibigan niya ang masaklap na balita. Hindi rin daw nila batid na lulong na sa sugal ang biktima.  Read more »

Grow Your Money: Teach Your Teen to Save P10,000 in a Year

ABS-CBN News
Posted at Jun 05 09:17 AM

Are your teens growing up to be money-wise? No longer children but not quite adults, they can now understand what money can do, yet they may not fully grasp its value.  Read more »

Finance Dept. confirms Resorts World gunman was ex-employee

ABS-CBN News
Posted at Jun 04 02:41 PM

The gunman who attacked Resorts World Manila was a former government employee who allegedly had millions of pesos in debt and undeclared wealth, the finance department said Sunday. Read more »

Gunman sa 'Resorts': ex-DOF worker na lulong sa sugal

ABS-CBN News
Updated as of Jun 05 01:51 AM

Siya ay si Jessie Javier Carlos, 42 anyos, residente ng Santa Cruz, Maynila. Positibo siyang kinilala ng mismong pamilya niya. Dating kawani ng gobyerno si Carlos na naka-destino sa One Stop Shop ng Department of Finance. Sinibak siya sa puwesto dahil sa umano’y maling deklarasyon at hindi pagsisiwalat ng ilang detalye sa kaniyang Statement of Assets, Liabilities, and Net Worth.  Read more »

What senators say about tax reform measure

ABS-CBN News
Posted at Jun 02 02:48 AM

The first package of government's proposed tax reforms may have sailed through the lower house on Wednesday, but this early, several senators are already voicing out their reservations over some provisions of the measure.  Read more »

Finance Department defends use of foreign loans to fund infra projects

ABS-CBN News
Posted at May 31 01:14 AM

The finance department defends government's decision to favor foreign loans to fund infrastructure projects compared with the previous set up of a public-private partnership. Read more »

German inflation tumbles in May: official data

Agence France-Presse
Posted at May 30 08:21 PM

FRANKFURT AM MAIN - Inflation in Germany, Europe's largest economy, fell back in May, official figures showed on Tuesday, as the volatility seen in the headline data since the start of the year continues. Read more »

Duterte certifies tax reform bill as urgent: finance dept

ABS-CBN News
Posted at May 29 03:34 PM

President Rodrigo Duterte on Monday certified his tax reform bill as urgent, as the House of Representatives plenary prepared to deliberate on the measure, the Department of Finance said.  Read more »

Inflation may slow to 3.2 pct in May: finance dept

ABS-CBN News
Posted at May 29 10:17 AM

Inflation will likely slow in May from the previous month due to lower food prices, giving space for monetary authorities to prop up economic growth, the finance department said Monday. Read more »

With the traffic, should your college-age kid try boarding?

ABS-CBN News
Posted at May 29 08:24 AM

As the opening of the school year approaches, most of us would be thinking about the daily commute to school. Whether you’re a parent or a student, you’ve probably recognized that traffic is worsening, and have wondered if it would be better to rent a place near school instead of making the daily commute. Read more »

BSP: PH business confidence improves in Q2

ABS-CBN News
Posted at May 27 06:20 AM

The Bangko Sentral ng Pilipinas said overall business confidence for the second quarter of 2017 improved to 43% from 39.4% in the first quarter. Read more »

8 foreign banks interested to enter PH, says incoming BSP governor

ABS-CBN News
Posted at May 27 05:18 AM

Each bank that's expected to come in is seen bringing at least P3 billion in potential investments and jobs. Read more »

Budget chief says martial law can be good for Mindanao

ABS-CBN News
Posted at May 27 05:13 AM

Budget Secretary Benjamin Diokno said the declaration of martial law could have a positive impact on Mindanao. Read more »

PH shares rise amid declaration of martial law in Mindanao

ABS-CBN News
Posted at May 27 05:09 AM

Philippine shares joined most Asian markets in subdued trading on Friday, amid a big drop in oil and as investors looked ahead to the G7 meeting. Read more »