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Consumer confidence slips for 2nd quarter in a row

Higher prices of goods dampened Filipino consumers’ optimism for a second quarter in a row after hitting a record high in the first half of the year. As Warren de Guzman reports, a consumer group believes the tax reform bill ...

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Business Mentor: This Christmas, Give Business a Try

We all dream of having a better life for ourselves and our loved ones. To do this, we can either find a job or start our own business.  Working for a company is how most people support themselves. But people ...

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China unhappy as Philippines signs investment deal with Taiwan

Taiwan’s representative to the Philippines Gary Song-huann Lin and Manila Economic and Cultural Office (MECO) chairman Angelito Banayo sign a new bilateral investment agreement on December 8. Screengrab from the MECO Facebook page BEIJING—China said on Friday it was seriously ...

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Q4 consumer confidence steady, spending on basic goods to rise in Q1 of 2018: BSP

MANILA – The Bangko Sentral ng Pilipinas (BSP) on Friday reported a steady consumer outlook for the fourth quarter of 2017 and a rise in spending on basic goods and services for the first quarter of 2018.  Based on the ...

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Social enterprise matches displaced, jobless mothers with household cleaning jobs

MANILA – This social enterprise is helping poor mothers earn a living by matching them with households who are in need of cleaning services. With Happy Helpers, beneficiaries can earn from cleaning homes for five to six hours a day, ...

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Here's an insider tip for buffet warriors

Cabalen founder Maritel Nievera sits down with ANC’s Cathy Yang for an exclusive interview. ABS-CBN News MANILA – The secret to maximizing a trip to an eat-all-you-can restaurant is to narrow your choices, the founder of a Filipino buffet chain ...

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Global stocks mixed as bitcoin smashes record

Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, November 6, 2017. Dado Ruvic, Reuters/Illustration/FILE PHOTO NEW YORK – The world’s stock markets struggled for direction Thursday as investors paused for breath, while bitcoin spiked ...

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Will higher coal tax affect power costs?

Some businessmen continue to argue that the proposal in the tax reform bill for a higher excise tax on coal will stoke inflation. But as Warren de Guzman reports, energy experts assert that its actual effect on power costs will ...

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HK billionaire says a boss should also inspire others

MANILA – Hong Kong-based billionaire and philanthropist David Harilela said a leader needs to command and inspire, when asked by ANC’s “The Boss” about his definition of a leader. “The biggest lesson I’ve learned is to bend sometimes. A leader ...

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Bitcoin chalks up new record as it charges past $14,000

A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. Dado Ruvic, Reuters/FILE PHOTO SINGAPORE – Bitcoin broke past $ 14,000 to a fresh record on Thursday as investors continued to pile in, ...

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