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Govt eyes P3-B cash assistance for farmers

By EIREENE JAIREE GOMEZ October 19, 2019 THE government is targeting to provide P3 billion in cash assistance to rice farmers before the year ends, in a bid to aid them from the impact of the low prices of palay (unmilled rice) amid the influx of rice imports, a Cabinet …

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OPPO gets 28% PH market share, launches Reno2 Series

By LEA MANTO-BELTRAN October 19, 2019 OPPO has gained more ground in the domestic market for mobile phones, capturing a 28-percent market share in the second quarter of this year. “According to the recent data of analyst firm Canalys, OPPO became one of the market leaders in Southeast Asia in …

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PSEi slides to 7,800 on China GDP, Brexit deal

By TYRONE JASPER C. PIAD October 19, 2019 THE stock market ended weaker on Friday after trading sideways for days, slipping from the 7,900 level on news that China’s economic growth slowed and the United Kingdom achieved a breakthrough in its effort to leave the European Union. The benchmark Philippine …

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PH economy ‘on sound footing’

By MAYVELIN U. CARABALLO, TMT October 19, 2019 The country’s macroeconomic fundamentals remain strong despite growing uncertainty in the global environment, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. In his speech at a meet-and-greet session with the Philippine embassy and the US-Philippines Society in Washington, D.C. on October …

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Produce drugs here, DTI tells India pharma firms

By ANNA LEAH E. GONZALES October 19, 2019 THE Department of Trade and Industry (DTI) on Friday invited Indian pharmaceutical companies to establish plants in the Philippines and manufacture medicines to reduce costs. On the sidelines of the Philippines-India Trade Consultations event in Makati City, Trade Secretary Ramon Lopez extended …

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BoP surplus plunges to $38M in September

By MAYVELIN U. CARABALLO, TMT October 19, 2019 THE country’s balance of payments (BoP) position remained positive in September, but dropped from the previous month’s three-month high, according to the Bangko Sentral ng Pilipinas (BSP). In a statement, the central bank said on Friday that last month’s $38-million surplus was …

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Ex-Senate prexy ‘Nene’ Pimentel passes away at 85

Former Senate President and ruling PDP-Laban founder Aquilino ‘Nene’ Pimentel Jr. (File Photo) MANILA — Former Senate President Aquilino ‘Nene’ Pimentel Jr. passed away at 5 am Sunday, his family confirmed. He was 85. “Our beloved Tatay Nene has joined his Creator at 5 am today Oct 20, 2019. We …

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Election ends the way it began as the closest in recent memory

Politics·Analysis While nationwide support for the Liberals and Conservatives have slumped as the Bloc and NDP rise, they remain where they started: neck-and-neck. Liberals, Conservatives tied on 1st day of campaign; 6 weeks later that hasn't changed Polls still show Justin Trudeau's Liberals and Andrew Scheer's Conservatives neck-and-neck in national …

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