News, Current Affairs

Business Nightly is the ABS-CBN News Channel's main business news platform. Anchored by ANC's Business News Head Coco Alcuaz, it carries stories on the economy, the stock market, the top companies in the Philippines, personal finance and global business. It also carries interviews with the movers and shakers of the Philippine business community. Business Nightly airs weeknights, from 9:00pm to 9:30pm.


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Business Nightly - Jul 25, 2017

The U.S. dollar and Treasury yields decline as the Fed begins its two-day policy meeting. The Philippines rejects all bids for the 20-year Treasury bonds. Mining shares drop after Pres. Rodrigo Duterte warned that he would tax mining firms during his second SONA. The offer period for the IPO of Chelsea Logistics is now underway. The brightest entrepreneurs and game changers gather at Forbes' "Under 30 Summit Asia."

Business Nightly - Jul 24, 2017

Pres. Rodrigo Duterte calls on the Senate to pass the tax reform package in full during his second State of the Nation Address (SONA). Pres. Duterte wants miners to account for all the damage done to the environment and pay the right taxes. Pres. Duterte orders the DoF to accept Mighty Corporation’s P25-billion tax settlement. PLDT appeals the DOLE’s order to regularize 8,720 of its employees and pay out millions of unpaid benefits. Several business groups agree with the extension of Martial Law in Mindanao.

Business Nightly - Jul 21, 2017

U.S. markets open lower as investors access the investigation into U.S. Pres. Donald Trump. Charges are filed against a Metrobank executive for committing internal fraud. AirAsia remains bullish on prospects in the Philippines despite the ongoing Marawi crisis. Community-based traffic and navigation app Waze rolls out new voice options for Filipinos. The Philippine Airlines and Cebu Pacific grant privileges to cops and soldiers.

Business Nightly - Jul 20, 2017

Wall Street and European markets open higher as investors react to European Central Bank president Mario Draghi's policy statements. Philippine shares back away from the 8,000 mark. The DOLE orders PLDT to regularize almost 9,000 of its employees. The Japan Tobacco International agrees to rescue the embattled Mighty Corporation. The ADB raises its growth forecast for the Philippines.

Business Nightly - Jul 19, 2017

Wall Street opens higher ahead of more corporate earnings data. Gaming shares close mixed as casinos face regulatory changes after its inclusion in the Anti-Money Laundering Act coverage. The Philippine peso sinks further into 11-year lows as the country's balance of payments deficit hits a seven-month high in June. The PSEi touches the 8,000 level for the first time in a month on rising volume and steady foreign buying. The Bank of England unveils a banknote featuring British novelist Jane Austen on her 200th death anniversary.

Business Nightly - Jul 18, 2017

The U.S. dollar revisits a 10-month low as Pres. Donald Trump's economic plans falter. The country's ride-hailing services are under fire for breaking rules. Uber Philippines general manager Laurence Cua believes old ways of thinking regarding transportation do not apply to disruptive technology like the internet. Pres. Rodrigo Duterte wants martial law in Mindanao extended until the end of 2017. The Philippine peso weakens against the U.S. dollar anew, closing at P50.77.

Business Nightly - Jul 17, 2017

Philippine shares outperform Asia on Monday on hopes for strong earnings and GDP growth in Q2 2017. Businessman Ramon Ang seals a deal to buy the Prieto family’s stake in the Philippine Daily Inquirer. OFW remittances recover from a sharp drop in April after hitting a two-month high in May 2017. The new draft of the Bangsamoro Basic Law (BBL) is submitted to Pres. Rodrigo Duterte. Transport group Piston stages a protest against the jeepney modernization plan.

Business Nightly - Jul 14, 2017

U.S. markets are poised for a strong weekly gain following U.S. Federal Reserve chief Janet Yellen's hawkish comments. Deutsche Bank upgrades its outlook for the Philippine economy. The Philippines plays host to the 2017 ASEAN MSME Development Summit. The Bureau of Plant Industry is accused of conniving with garlic cartels. Government sets aside P10-billion in the 2018 budget for the rehabilitation of war-torn Marawi City.

Business Nightly - Jul 13, 2017

Global stocks rise following U.S. Federal Reserve chairperson Janet Yellen's dovish testimony. The BSP reports of hot money inflow in June from portfolio investments. DBM Sec. Benjamin Diokno expects a 21-percent increase in government spending in June. Philippine automotive sales reach their highest monthly record. Chinese Nobel Peace Prize laureate Liu Xiaobo dies at the age of 61.

Business Nightly - Jul 12, 2017

All eyes are on U.S. Fed chief Janet Yellen as she discusses monetary policy before the Congress today. Philippine analysts expect the U.S. Fed to hike rates gradually. GlaxoSmithKline (GSK) Philippines president Lynn Baxter says the government's tax reform program will boost Philippine healthcare. The DOF is studying embattled Mighty Corp.'s proposal to settle its P25-billion tax liability. Transport group Pasang Masda expresses support for the government's PUV modernization program.