Business World

#bworldfeed The 30-member Philippine Stock Exchange index (PSEi) slumped 0.97% or 76.83 points to 7,833.75, marking its lowest finish since Jan. 16. The broader all-shares index likewise shed 0.8% or 38.71 points to 4,802.89.

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Melissa Luz Lopez @meltlopez

.@DBMgovph Sec. Ben Diokno says they will push through with cash-based budgeting this year even after Congress removed the provision in the 2019 budget bill. @bworldph

BusinessWo­rld @bworldph

Senator Sherwin T. Gatchalian said provisions to ease bank secrecy in a general tax amnesty program require “a balancing act” of the various interests because bank account probes could be used for harassment. The Department of Transporta­tion (DoTr) said in a statement on Tuesday that CIAC’s revenue rose 32% to P1.07 billion in 2018, exceeding P1 billion for the first time since CIAC was formed in 1995.

Denise Valdez @deniseaval­dez

LOOK: NLEX Harbor Link Segment 10, which DPWH Sec. Mark Villar said will open on Tuesday

The Philippine Star @Philippine­Star

LOOK: Shared Genomics Core Laboratory project lead Eva Maria Cutiongco-de la Paz explains the Cancer Genomics Program, which utilizes the newly inaugurate­d equipment at the facility here in UP Diliman. | @jvrmateoST­AR

Miketheman Murillo @bakel3210

Excitement, determinat­ion for Gilas heading into last FIBA WC window | BusinessWo­rld https://www.bworldonli­ne.com/excitement­determinat­ion-for-gilas-heading-into-lastfiba-wc-window/ … Making things happen #ThisIsMyHo­use #FIBAWCQ @bworldph

Bloomberg @business

Here’s how Chanel became a $10-billion business under Karl Lagerfeld

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