Ian Nicolas Cigaral
Ian Nicolas Cigaral
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DOF: ‘No inclination to repeal, revise or suspend’ Rice Tariffication Law
by Ian Nicolas Cigaral - November 13, 2019 - 3:03pm
Finance Secretary Carlos Dominguez III said Wednesday the government will not scrap, amend nor stop the implementation of the Rice Tariffication Law despite outcry from some farmers’ groups amid falling prices...
Private sector to play a larger role in Philippines’ urgent infra needs amid fiscal constraints
by Ian Nicolas Cigaral - November 13, 2019 - 12:01pm
President Rodrigo Duterte’s ambitious infrastructure program is now expected to rely more on private capital as it faces fiscal challenges, a Fitch unit said.
Dennis Uy’s Udenna Corp. takes over Wendy’s Philippines
by Ian Nicolas Cigaral - November 12, 2019 - 2:56pm
Dennis Uy-led Udenna Corporation announced Tuesday its acquisition of Philippine franchise of American fast-food burger giant Wendy’s — the latest addition to the Davao-based businessman’s growing...
Newly appointed PAL Holdings exec Lucio 'Bong' Tan Jr. passes away
by Ian Nicolas Cigaral - November 11, 2019 - 11:06am
(2nd update) Lucio “Bong” Tan Jr., the newly-appointed president of PAL Holdings Inc., passed away Monday. He was 53.
SEC says closely monitoring investigation into P700-million stock theft
by Ian Nicolas Cigaral - November 8, 2019 - 4:01pm
The Securities and Exchange Commission said Friday it is monitoring the ongoing probe into reports that an employee of R&L investments Inc. allegedly stole more than P700 million worth of stocks that forced the brokerage...
Duterte wants quality of hollow blocks checked after recent strong quakes
by Ian Nicolas Cigaral - November 8, 2019 - 12:12pm
President Rodrigo Duterte wants hollow blocks included in the list of products with mandatory certification after the country was hit by earthquakes in recent weeks.
Trade gap narrows y-o-y in September as exports, imports pull back
by Ian Nicolas Cigaral - November 6, 2019 - 5:18pm
The Philippines’ trade gap returned to a widening path in September compared to the previous month but narrowed from last year’s level amid falling exports and imports, the country’s statistics...
Agriculture output recovers in Q3
by Ian Nicolas Cigaral - November 6, 2019 - 3:05pm
The Philippines’ agriculture sector managed to weather turbulence and grew in the third quarter, the Philippine Statistics Authority reported Wednesday.
Duterte appoints Robredo as co-chairperson of inter-agency anti-narcotics body
by Ian Nicolas Cigaral - November 5, 2019 - 12:57pm
President Rodrigo Duterte has given Vice President Leni Robredo a role in his controversial anti-drug campaign, Malacañang announced Tuesday.
Inflation cools anew in October but seen rebounding in next months
by Ian Nicolas Cigaral - November 5, 2019 - 10:19am
Consumer price growth softened anew in October, continuing a downtrend as base effects from 2018’s red-hot inflation kick in.
Palace slams photo of fake Bangkok Post report about Duterte
by Ian Nicolas Cigaral - November 2, 2019 - 3:45pm
It is unclear where the supposed screenshot originated or if it spread on social media at all.
Slower electronics sector could ‘short circuit’ Philippine growth — Oxford Economics
by Ian Nicolas Cigaral - October 31, 2019 - 9:42pm
The Philippines’ electronics sector will likely face more headwinds in the short run, boding badly for the economy.
Infra spending picks up in September after months of weakness
by Ian Nicolas Cigaral - October 31, 2019 - 3:52pm
Government infrastructure and other capital outlays rose in September.
Gender pay gap in Philippine farm sector persisted in 2018 — PSA
by Ian Nicolas Cigaral - October 31, 2019 - 12:57pm
Gender inequality persisted even in the Philippines’ agriculture sector, with male farmworkers receiving higher pay.
DOH wants salty foods, including daing, taxed
by Ian Nicolas Cigaral - October 30, 2019 - 6:14pm
The Department of Health said Wednesday it is studying the possibility of imposing taxes on salty foods, including sun dried fish (daing), as a health measure.
Philippines seen to withstand potential impact from Hong Kong recession
by Ian Nicolas Cigaral - October 30, 2019 - 2:49pm
The Philippine economy is seen to weather any impact from a looming recession in Hong Kong, although exports and remittance growth could take a hit as the Asian financial hub gets battered by months of violent ...
Reuters says Robredo's criticism of drug war 'fairly and accurately' reported
by Ian Nicolas Cigaral - October 29, 2019 - 4:25pm
International news agency Reuters on Tuesday said it stands by its October 23 story about Leni Robredo’s call for a halt to the Duterte administration’s drug war, adding it “accurately” reported...
Lucio Tan Jr. named as PAL Holdings president
by Ian Nicolas Cigaral - October 29, 2019 - 11:15am
Tycoon Lucio Tan’s son and namesake, Lucio “Bong” Tan Jr., has been named as president of PAL Holdings Inc. — the publicly-listed parent of flag carrier Philippine Airlines.
Mekeni recalls pork-based products amid swine fever scare
by Ian Nicolas Cigaral - October 26, 2019 - 4:33pm
Processed meat manufacturer Mekeni Food Corp. said Saturday it voluntarily recalled all of its pork-based products amid reports that the dreaded African swine fever virus has been detected in some of its processed...
Filipinos’ love for shopping malls to keep Manila retail afloat
by Ian Nicolas Cigaral - October 25, 2019 - 6:12pm
Filipino consumers still enjoy going to brick-and-mortar stores and mall operators should seize this opportunity to stay afloat amid the rise of online retailers.
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