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Gates says billionaires should pay 'significantly' more taxes

Bill Gates, Co-Chair of Bill & Melinda Gates Foundation, gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018. Denis Balibouse, Reuters WASHINGTON – Bill Gates says he has paid more than ...

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PSE begins first day at unified trading floor in BGC

A new era begins for the Philippine Stock Exchange as it wraps up the first trading session at its news headquarters in Bonifacio Global City. This report gives us a look at the PSE through the years, and what it ...

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S. Korea urges 'stern' response to new US tariffs

SEOUL – South Korean President Moon Jae-in called Monday for a “stern” response to new US tariffs on the South’s exports as concern grew over looming trade restrictions by Washington. US President Donald Trump last week threatened retaliatory action against ...

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Peso languishes near 12-year lows after BSP cuts reserve requirement

MANILA – The peso languished near its lowest levels in 12 years against the dollar after the Bangko Sentral ng Pilipinas’ surprise cut of the reserve ratio requirement (RRR) for banks. The peso closed at P52.34 to the greenback according ...

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Third telco selection rules released

MANILA – The government on Monday released guidelines for the selection of a third telecommunications player, which President Rodrigo Duterte is pushing for to improve cellular service in the country. Companies seeking to challenge PLDT Inc and Globe Telecom should ...

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After stunning growth streak, Amazon ambitions seem boundless

Amazon boxes are seen stacked for delivery in Manhattan, New York, US, January 29, 2016. Mike Segar, Reuters SAN FRANCISCO – Triumphant in online retail, cloud computing, organic groceries, and streaming television, Amazon founder Jeff Bezos is turning his seemingly ...

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Mga manggagawa, maliliit na negosyante, nangangambang mapaalis sa Boracay

Nangangamba ang mga trabahador at maliliit na negosyante na nangungupahan sa Boracay sa planong pagpapaalis sa kanila, alinsunod sa mga hakbang ng gobyerno na i-rehabilitate ang isla. Sa loob ng linggong ito inaasahang ilalabas ng Department of Environment and Natural ...

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Myanmar farmers going against the grain with apps

This photo taken on December 27, 2017 shows a farmer working in a rice field on the outskirts of Yangon. New smartphone apps are providing farmers with up-to-date information on everything from weather, climate change, crop prices to advice on ...

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Three held as $1.8 billion fraud ripples through Indian banks

People wait in a queue outside a Punjab National Bank ATM in New Delhi, India Friday. Saumya Khandelwal, Reuters NEW DELHI/MUMBAI – India’s federal police detained two employees of Punjab National Bank, the state-run lender that says it has been ...

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Boracay tenants fear mass expulsion, looming business closures

Boracay island. Nony Basco, ABS-CBN News MANILA – Workers and vendors renting business spaces in Boracay have expressed fears that they might be the first to suffer the brunt of mandatory closures on the island with the government’s cleanup and ...

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