Clik here to view.
PCC to work with TransCo if telco joint venture proceeds
MANILA, Philippines – The Philippine Competition Commission (PCC) said the plan of state-run National Transmission Corporation (TransCo) to move into the telecommunications industry may need to be...
View ArticleClik here to view.
Philippines pledges $1 billion to IMF emergency fund
MANILA, Philippines – The Philippines again signed a $1-billion loan facility with the International Monetary Fund (IMF), committing to help countries going through financial troubles and in effect,...
View ArticleClik here to view.
Sony forecasts record profits, scores Spider-Man movie hit
TOKYO, Japan – Sony said Tuesday, October 31, it expects to book record annual profits as it pushes on with a turnaround driven by the PlayStation games division and a booming smartphone parts business...
View ArticleClik here to view.
BDO urges clients to shift to EMV debit cards
MANILA, Philippines – BDO Unibank Incorporated is urging its retail clients to shift to debit cards with the Europay Mastercard Visa (EMV) chip to ramp up protection against electronic banking...
View ArticleClik here to view.
PhilWeb to resume gaming operations after getting Pagcor license
MANILA, Philippines – More than a year after being denied accreditation, e-gaming firm PhilWeb Incorporated can now resume operations after receiving its license from the Philippine Amusement and...
View ArticleClik here to view.
Undas 2017: Mall schedule for All Saints' Day, November 1
Please refresh this page for updates.MANILA, Philippines – Some malls have shortened operating hours for the observance of All Saints' Day on Wednesday, November 1.Check out the mall schedules...
View ArticleClik here to view.
ASEAN businesses not a threat to Filipino farmers
MANILA, Philippines – The economic integration of the Association of Southeast Asian Nations (ASEAN) is rather a significant opportunity for Philippines small-hold farmers, not a threat. (READ:...
View ArticleClik here to view.
U.S. Fed begins two-day meeting as Yellen era appears set to close
WASHINGTON DC, USA – The US Federal Reserve began a two-day monetary policy meeting on Tuesday, October 31, largely overshadowed by this week's expected White House decision to replace central bank...
View ArticleClik here to view.
PH slides 14 notches in World Bank's ease of doing business ranking
MANILA, Philippines – Despite continued reforms in electricity service and tax payment schemes, small- and medium-sized enterprises found it more difficult to do business in the Philippines relative to...
View ArticleClik here to view.
PH to receive $366M dev’t loan from ADB, France
MANILA, Philippines – The government is set to ink a deal that will see the Philippines receiving around $366 million in development loans to be used for programs to support inclusive growth and...
View ArticleClik here to view.
San Miguel awaits gov't OK for 3-year toll road network expansion
MANILA, Philippines – San Miguel Corporation (SMC) led by tycoon Ramon Ang will begin its 3-year plan to expand all its toll roads in southern Metro Manila once the Toll Regulatory Board (TRB) gives...
View ArticleClik here to view.
Digital small loans lending platform pera247 launched in PH
MANILA, Philippines – Filipinos now have another way to obtain small loans beyond traditional banks with the launch of a new digital micro-loans platform.Southeast Asia focused digital consumer lender...
View ArticleClik here to view.
Trump set to undo another Obama legacy with Fed pick
WASHINGTON DC, USA (UPDATED) – US President Donald Trump on Thursday, November 2, was due to announce his nominee for chief US central banker, putting his own imprimatur on the Federal Reserve's...
View ArticleClik here to view.
Dominguez, Jack Ma to meet in China for PH e-commerce dev't
MANILA, Philippines – Finance Secretary Carlos Dominguez III is set to meet with Chinese magnate Jack Ma in China in early 2018 in line with Philippine efforts to fine-tune regulations on the local...
View ArticleClik here to view.
Cacao beans from Davao cited as among world's best in Paris
DAVAO CITY, Philippines – Cacao beans produced by a grower in this city were chosen as among the world's best at the recent International Cocoa Awards (ICA) in Paris.The cacao beans sample submitted by...
View ArticleClik here to view.
'Sobering,' PCC says of drop in PH ease of doing business ranking
MANILA, Philippines — The Philippine Competition Commission (PCC) called the country’s latest ranking in the World Bank's Ease of Doing Business report a "sobering account" of the Philippines'...
View ArticleClik here to view.
Trump taps Jerome Powell to lead U.S. Federal Reserve
WASHINGTON DC, USA – President Donald Trump on Thursday, November 2, nominated Federal Reserve Governor Jerome "Jay" Powell to lead the US central bank, saying the former investment banker has the...
View ArticleClik here to view.
BSP lowers risk weighting for loans to boost MSMEs
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has amended its policy to allow for higher risk when lending money to micro and small enterprises (MSMEs).In statement on Friday, November 3,...
View ArticleClik here to view.
Globe Telecom Q3 core net income up 11% to P3.23B
MANILA, Philippines—Ayala-led Globe Telecom Incorporated (Globe) saw its core net income rise by 11% in the third quarter (Q3) of this year, driven by the continued demand for data products.In a...
View ArticleClik here to view.
PAL pays nearly P6B to DOTr to settle accounts
MANILA, Philippines — Lucio Tan-led flag carrier Philippine Airlines (PAL) settled its multi-billion-peso debt with government on Friday, November 3.“PAL settled today, 3 November 2017, its P6 billion...
View Article