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Ian Nicolas Cigaral
Ian Nicolas Cigaral
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Risk takers send ABS-CBN shares up ahead of crucial House vote
by Ian Nicolas Cigaral - July 9, 2020 - 3:39pm
Investors are still unsure about the fate of ABS-CBN's broadcast business even as share prices of the network went up Thursday.
Sitting, breathing air with COVID-19 infected person top travel worries — IATA
by Ian Nicolas Cigaral - July 8, 2020 - 8:05pm
Most travelers have avoided air travel and will continue doing so in the coming months as the coronavirus pandemic lingers, according to International Air Transport Association (IATA).
Infrastructure deals may be tweaked on a case to case basis — Dominguez
by Ian Nicolas Cigaral - July 8, 2020 - 7:20pm
With the pandemic making some projects not viable anymore, the finance chief said the government is ready to sit down and talk to some firms.
'Linked' to Duterte, ABS-CBN franchise woes hurt investor sentiment — Fitch unit
by Ian Nicolas Cigaral - July 8, 2020 - 6:04pm
The "politicization" of the embattled network's franchise could is hurting foreign investments.
ABS-CBN's O Shopping to shut down this year
by Ian Nicolas Cigaral - July 8, 2020 - 1:22pm
The TV channel, a joint venture with a South Korean firm, has been in the red since 2018 and will start laying off employees by Aug. 7.
Coronavirus poses fresh roadblock to NAIA upgrade
by Ian Nicolas Cigaral - July 7, 2020 - 6:46pm
Tycoons offering to upgrade the aging airport faced a setback after the government rejected proposed tweaks to their proposal that would ensure the project would be viable in a post-pandemic world.
Growth, even just for a quarter, unlikely this year — BSP chief
by Ian Nicolas Cigaral - July 7, 2020 - 5:00pm
After an expected recession in end-June, officials were hoping for some growth in succeeding quarters this year to partially offset the damage caused by the virus.
Factory output weakness tempers in May
by Ian Nicolas Cigaral - July 7, 2020 - 3:21pm
The damage of the pandemic and lockdowns on the manufacturing sector was a little bit less pronounced in May, with a rebound seen in the next months.
Hospitals able to absorb spike in COVID-19 cases, for now
by Ian Nicolas Cigaral - July 6, 2020 - 7:35pm
Hospital resources can still handle the spike in coronavirus disease-2019 (COVID-19) cases, soothing government officials' frayed nerves with daily infections tally soaring to record highs since the economy was reopened...
Weak demand looms for gov't retail bonds next week
by Ian Nicolas Cigaral - July 6, 2020 - 5:52pm
The last time retail Treasury bonds were floated was in February when the government raised P310.8 billion from small investors.
ABS-CBN shares surge ahead of House panel vote on network's franchise
by Ian Nicolas Cigaral - July 6, 2020 - 3:12pm
During the trading day, more than 1.4 million company shares, valued at P22.1 million, changed hands, also the biggest turnover since June 9.
Inflation gains pace in June as economy reopens
by Ian Nicolas Cigaral - July 6, 2020 - 9:18am
The latest figure marked the first time prices accelerated this year after business and consumer sentiments were shuttered by lockdowns.
Broadband firm Converge ICT sets record IPO amid pandemic
by Ian Nicolas Cigaral - July 3, 2020 - 6:47pm
The company appears to be capitalizing on a surge in broadband network connections amid work-from-home arrangements during the outbreak.
Fact check: Is it illegal for ABS-CBN to avail of tax perks?
by Ian Nicolas Cigaral - July 3, 2020 - 4:21pm
Is ABS-CBN engaged in tax avoidance schemes?
Over 70% of PEZA firms enjoying tax perks back to business
by Ian Nicolas Cigaral - July 2, 2020 - 6:40pm
With quarantine controls eased, companies in the country's biggest economic zone operator have started restarting business.
Coronavirus foreign borrowings balloon to $7.76 billion as July starts
by Ian Nicolas Cigaral - July 2, 2020 - 5:40pm
As revenues sustained their drop into June, just as the economy reopens, the government has persistently borrowed to meet its funding needs in July.
Duterte to call Congress to special session as stimulus deadlock starts to resolve
by Ian Nicolas Cigaral - July 2, 2020 - 3:34pm
President Duterte is now ready to ask Congress to hold a special session to tackle a much-needed economic stimulus bill as talks to break a deadlock with lawmakers over the rescue package make headway, Malacañang...
DOLE contradicts self on ABS-CBN labor law compliance
by Ian Nicolas Cigaral - July 1, 2020 - 7:41pm
The labor agency also cited the pending labor cases of ABS-CBN before courts, failing to mention that anyone is presumed innocent until proven guilty beyond reasonable doubt.
Anti-terror bill untouched on Duterte's desk as automatic enactment nears
by Ian Nicolas Cigaral - July 1, 2020 - 6:35pm
The fate of controversial anti-terror bill remains unknown as President Duterte comes under increasing pressure from the public to junk the measure for fears of abuse.
Metro Manila, Calabarzon need to transition to MGCQ 'quickly' — Dominguez
by Ian Nicolas Cigaral - July 1, 2020 - 2:40pm
The head of the government's economic team on Tuesday urged President Duterte to speed up the transition of Metro Manila and CALABARZON region to a modified general community quarantine (MGCQ) to allow more people...
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