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#NinaPH: Telco services down in parts of Southern Luzon
MANILA, Philippines – Strong winds from Typhoon Nina (Nock-ten), on Monday, December 26, disrupted the service operations of Globe Telecom Incorporated in some parts of Southern Luzon.Globe reported...
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House bill proposes ban on Uber, Grab price surges
MANILA, Philippines – Quezon City 2nd District Rep. Winston "Winnie" Castelo has filed House Bill No. 4669 or the No Price Surge Act, banning the "exorbitant" and "undue" ride rate surges by transport...
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Smart offers free calls in areas affected by Typhoon Nina
MANILA, Philippines – After some communication and power lines went down in south Luzon due to Typhoon Nina (international name Nock-ten), Smart Communications announced on Monday, December 26, it...
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PLDT completes 3 ICT deals in Davao
MANILA, Philippines – PLDT Incorporated completed 3 major information and communications technology (ICT) projects in Davao City seen to serve as a strong take-off platform for the region's digital...
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UBS sees slower growth, weaker peso for 2017, 2018
MANILA, Philippines – Switzerland-based Financial giant UBS forecasted slower growth for the Philippines and a weaker peso for the next two years as domestic demand slows while the global economy...
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2 more ramps opened on NAIA expressway
MANILA, Philippines – Two additional entry ramps have been opened on the new Ninoy Aquino International Airport (NAIA) expressway, connecting the country’s main airport to major highways in the...
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Toshiba shares lose quarter of value after loss warning
TOKYO, Japan – Toshiba shares dived more than 25% on Thursday, December 29, their third straight double-digit plunge, following the company's warning of a possible one-time loss of several billion...
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Lopez tells big mining firms to improve community dev’t programs
MANILA, Philippines – Environment Secretary Gina Lopez has called on big mining firms to strengthen their community development programs as the agency looks to revise its social development...
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LRT-1 offers free rides on New Year’s day
MANILA, Philippines – Light Rail Manila Corporation (LRMC), the operator of LRT-1, has announced that announced that it will be giving free rides to passengers in the morning and evening windows on New...
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BSP to enforce new Europay Mastercard Visa system on January 1
MANILA, Philippines – Banks in the country who have not shifted to the new Europay Mastercard Visa (EMV) technology will be held liable for any fraudulent transactions committed through ATM cards.The...
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PAL kicks off 2017 with new Incheon route via Clark Airport
MANILA, Philippines – Flag carrier Philippine Airlines (PAL) kick started the new year with a new international route to Incheon, South Korea that departs from Clark International Airport in Pampanga...
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Fuel prices to go up starting Jan 3
MANILA, Philippines – Motorists should expect higher prices for gasoline and diesel in the first week of 2017 following the oil price hike announcements of several companies on Monday, January 2....
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Gov’t subsidies to GOCCs up 48.7% as of Nov 2016
MANILA, Philippines – National government subsidies to government-owned or -controlled corporations (GOCCs) hit almost P100 billion as of end-November 2016, a 48.7% increase from the same period in...
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Diokno on SSS hike: 'Candidate Duterte different from Pres Duterte'
MANILA, Philippines – In explaining the anticipated decision of President Rodrigo Duterte on the proposed Social Security System (SSS) pension hike, Budget Secretary Benjamin Diokno urged the public to...
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Optimism in PH businesses dips in Q4 – Grant Thornton
MANILA, Philippines – Following an upswing earlier this year, optimism in the country has dropped slightly in Q4, according to the Grant Thornton International Business Report.The quarterly business...
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Ford cancels Mexico plant, will boost US output
MEXICO CITY, Mexico – Mexico's government on Tuesday, January 3, lamented Ford's decision to scrap a new plant project following criticism from US President-elect Donald Trump and said the company...
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Jollibee completes 2nd divestment in a month
MANILA, Philippines – Jollibee Foods Corporation, the largest Asian food service company, has completed its divestment from China restaurant chain San Pin Wang, its second in a span of one month.In a...
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SEC revises governance code for listed firms
MANILA, Philippines – The Securities and Exchange Commission (SEC) on Wednesday, January 4, announced a new governance code for listed firms that aims to increase shareholder protection by increasing...
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MVP's Metro Pacific proposes Sangley-Cavitex expressway
MANILA, Philippines – The tollways company of Manuel V. Pangilinan is readying its proposal to build an expressway that will link Sangley airport in Cavite and the Manila-Cavite Expressway...
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Inflation settles at 1.8% for 2016
MANILA, Philippines – The holiday season brought the highest level of inflation for 2016, although inflation still fell below the government's target range for the year.Data released by the National...
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