Michelle Ong
ABS-CBN News
Philippines
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Past articles by Chloe:
Megaworld's MREIT debuts on PSE
Megaworld's real estate investment trust MREIT listed on the Philippine Stock Exchange Friday, aiming to become the fastest growing in the country and among largest in Southeast Asia. → Read More
'It's on': Philippines' Converge says talks with Elon Musk's SpaceX Starlink ongoing
Converge Information and Communications Technology Solutions Inc said Friday it has conducted 'several talks' with officials of Elon Musk's SpaceX for its Starlink broadband satellite internet technology. → Read More
Will IKEA sell Philippine-made products? There is ‘potential,' official says
Philippine-made items such as beads and bamboo products have 'potential' to be sold at IKEA stores, the Swedish furniture-maker's Southeast Asia development manager Georg Platzer said Friday. → Read More
Investing in retail bonds? Fintech firms tapped to reach 'farmers, sari-sari store owners'
The Bureau of Treasury has collaborated with financial technology players to make investing in retail treasury bonds more viable for farmer and sari-sari stores owners, its partners said Friday. → Read More
Why the Philippine peso is defying global rout due to COVID 19
The Philippine peso stood its ground against the dollar Tuesday, defying a global equities tailspin on the back of cheaper oil imports and as investors spooked by the COVID-19 outbreak seek safer, higher yield assets, analysts said. → Read More
BSP chief: Gov't deals probed, 'overnight' takeover 'will not happen'
President Rodrigo Duterte and his cabinet secretaries have in recent weeks flagged irregularities in state deals with Manila Water Co, Maynilad Water Services Inc, Ayala Land, Chevron Philippines and Light Rail Manila, sending share prices tumbling. → Read More
Bangko Sentral's Diokno says to 'go slow' on interest rate cuts this year
The central bank has 'a lot of room' to unwind the 175-basis point interest rate hike from 2018, Diokno said, ahead of the monetary board's first meeting for the year on Feb. 6. → Read More
Is your sign lucky in the Year of the Metal Rat?
A man’s life if 30 percent destiny, 30 percent Feng Shui, 30 percent faith and 10 percent hard work said Feng Shui expert Thomas Leang. → Read More
Economic zones build disaster defenses, the military reservist way
The PEZA has been 'emphasizing' disaster preparedness in all 400 economic zones, even before Taal erupted last Jan. 12 → Read More
What's at stake for tourism in Southern Luzon after Taal eruption
Tourists flock to Tagaytay for the cool weather and Instagram-worthy views of Taal Lake, which holds the volcano. It is also easily accessible from the capital, at just a 2-hour drive. → Read More
Century to grow commercial leasing, build mid-rise condos
The developer, known for co-branding partnerships with luxury anc celebrity brands like Armani and Trump Tower, recently raised P3 billion from a preferred share sale, said president and CEO Jose Marco Antonio. → Read More
Philippines can lure investors without 'forever' tax breaks: Salceda
Manila is the most generous in Southeast Asia in giving tax breaks, which resulted in P504.2 billion in foregone revenues in 2017, said Albay Rep. Joey Salceda, citing his own figures. → Read More
Palay procurement, tariff hike set to help rice farmers: agri chief
The NFA will buy palay with 14 percent moisture content at P19 per kilo, compared to the so-called 'farm gate' price of P17.62 in the second week of August, Agriculture Secretary William Dar said. → Read More
Jollibee to buy Coffee Bean and Tea Leaf for $350 million
Jollibee Foods Corp said Wednesday it would buy Coffee Bean and Tea Leaf in a deal worth a total $350 million (P18 billion), the largest in its string of global acquisitions. → Read More
'Super consortium' files revised plan for NAIA rehab
Copies of the revised proposal for the Ninoy Aquino International Airport were forwarded to the Department of Transportation and the Manila International Airport Authority, NAIA consortium spokesperson Jimbo Reverente told ANC. → Read More
Udenna Corp buys 100-million shares in mining firm Atok-Big Wedge
Atok-Big Wedge Co. Inc. on Tuesday said Udenna Corp bought 100 million common shares of the mining firm for P2 per share. → Read More
SM Prime 'exploring' high-end space, taps Federal Land
SM Prime tapped Federal Land for a project involving a “very prime property” in Makati, its chief financial officer John Ong told ANC. → Read More
Arthaland eyes five-fold portfolio growth by 2022
Arthaland is in the final stages of acquiring 2 more properties in Manila and Cebu, vice chairman and president Jimmie Gonzalez told ABS-CBN News. → Read More
AgriNurture looking at $100 million from potential foreign investor
After expanding to rice from mangoes, bananas and pineapples, AgriNurture is looking at micro lending for farmers, Tiu told ABS-CBN News. → Read More
URC sees double-digit growth in flour business this 2019
It recently inaugurated a P1-billion mill in Davao city, which houses URC’s flour and feed milling and Robina Farms, said president and CEO Irwin Lee. → Read More