By Ralf Rivas On Wednesday, July 15th, 2020

GMA shares jump 10% as ABS-CBN denied of franchise

MANILA, Philippines – With its biggest rival  denied of franchise renewal , shares of media giant GMA Network jumped over 10% on Monday, July 13. Shares of GMA even soared by over 40% intraday, hitting a More...

By Ralf Rivas On Wednesday, June 24th, 2020

Ex-Wirecard COO Jan Marsalek may be in Philippines

The DOJ finds ‘something curious’ in immigration records. The NBI and AMLC are investigating other individuals possibly involved in one of the largest fraud cases in recent history. Published More...

By Ralf Rivas On Tuesday, June 23rd, 2020

I’m a victim of a frame-up, identity theft

MANILA, Philippines – The Filipino lawyer identified as a trustee of scandal-hit payments firm Wirecard claimed that he is a victim of a frame-up and identity theft, adding that he had no knowledge of any scheme More...

By Ralf Rivas On Friday, June 5th, 2020

Inflation slows to 2.1% in May 2020

Lower transportation costs and food prices cause the downtrend in the Philippines’ inflation rate Published 9:07 AM, June 05, 2020 Updated 9:07 AM, June 05, More...

By Ralf Rivas On Friday, May 22nd, 2020

Philippine investments down 71% in January-April 2020 due to coronavirus

PANDEMIC. A coronavirus testing facility in San Juan Elementary School. Photo by KD Madrilejos/Rappler MANILA, Philippines– The Philippine Board of Investments (BOI) reported a 71% slowdown in cumulative investments More...

By Ralf Rivas On Friday, May 15th, 2020

SM profits down 5% in Q1 2020 as it waives mall rent over virus

SM Prime maintains its 2020 capex at P80 billion despite the coronavirus crisis Published 6:40 PM, May 15, 2020 Updated 6:40 PM, May 15, 2020  More...

By Ralf Rivas On Thursday, May 7th, 2020

Philippine economy shrinks for first time in 22 years

MANUFACTURING. Workers make personal protective equipment for distribution to frontliners, at a factory in Taytay, Rizal, on April 24, 2020. Photo by Ted Aljibe/AFP MANILA, Philippines – Lockdowns, crippled More...

By Ralf Rivas On Tuesday, May 5th, 2020

Businesses urge gov’t: Bring back ABS-CBN

The Management Association of the Philippines says the closure of ABS-CBN marks ‘a sad day for media freedom’ Published 10:40 PM, May 05, 2020 Updated More...

By Ralf Rivas On Monday, May 4th, 2020

Duterte temporarily hikes oil tariffs for coronavirus response

The Philippines hikes oil duties by 10% as prices fall in the international market Published 6:55 PM, May 04, 2020 Updated 6:55 PM, May 04, 2020  More...

By Ralf Rivas On Thursday, April 30th, 2020

Poor have ‘better immunity’ vs coronavirus – Duterte adviser

POVERTY. Informal settlers in Quezon City receive relief goods. Photo by Darren Langit/Rappler MANILA, Philippines – One of President Rodrigo Duterte’s advisers proposed the resumption of construction work More...

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