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Grab app down Tuesday night

Commuters in Southeast Asia, including the Philippines, faced inconvenience on Tuesday night after ride-hailing app Grab was hit by technical glitches. Many of its customers took to social media after failing to book rides because the mobile app is inaccessible. ...

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Bankers Association taps Bloomberg for FX calculation

MANILA – The Bankers Association of the Philippines said it tapped Bloomberg as the calculation agent for the peso-dollar spot reference rate that is used in trading. The New York-based economic data provider and news service will calculate the spot ...

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NEDA seeks Boracay shutdown during lean season

MANILA – The planned closure of Boracay Island should take place during the lean season and displaced workers should be given alternative work, the National Economic Development Authority said Tuesday. The temporary shutdown of the island will affect only 0.1 ...

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Jobs: AI helps sort best performing, problem employees

MANILA – Technology entrepreneur Kathleen Yu turned a rejected thesis and $ 500 in seed funding into an artificial intelligence platform that helps employers identify the best possible new hire. Rumarocket combines human intelligence and machine learning to understand the ...

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PH shares close above 8,000 on first trading day of Q2

Local shares traded sideways for most of the first trading day of the second quarter as investors positioned ahead of key economic and earnings data. But as Bruce Rodriguez reports, the Philippine Stock Exchange index staged a strong recovery just ...

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P2 dagdag-pasahe sa jeep, hinihirit kontra pagmahal ng langis

Nais ng transport group na United Transport Koalisyon (1Utak) na madagdagan ng P2 ang minimum na pasahe sa jeep bunsod ng tuloy-tuloy na pagtaas ng presyo ng diesel. Ibig sabihin, mula P8, dapat umanong maging P10 ang minimum fare sa ...

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Security Bank offers anti-loan-sharks product: SALAD

Mobile platform for short-term financing to help consumers avoid ‘loan sharks’ MANILA – Consumers who don’t quality for regular loan products can now avail of short-term loans using Security Bank’s new mobile platform facility which aims to reduce borrowing from ...

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Aboitiz group launches rooftop solar venture

AboitizPower first entered the solar power market in 2016 with its 69-MWp San Carlos Sun (Sacasun) project in San Carlos City, Negros Occidental. Photo by: AboitizPower MANILA – Aboitiz Power Corp said Monday it launched a new solar power business ...

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China imposes retaliatory tariffs on 128 US products

People buy fruit at a fresh food market in Beijing, China June 9, 2017. Thomas Peter, Reuters/FILE PHOTO BEIJING – China has slapped extra tariffs of up to 25 percent on 128 US products including frozen pork, as well as ...

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LOOK: Jollibee opens branch in Toronto

MANILA – Filipino fast food chain Jollibee opened its third branch in Canada on Sunday. Jollibee Canada posted photos of the opening of its first-ever Toronto location in Scarborough. Some customers even lined up hours before the restaurant officially opened ...

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