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San Francisco-Manila PAL flights to use NAIA-1

MANILA, Philippines – Starting Tuesday, December 8, until March next year, all San Francisco-Manila flights of Philippine Airlines (PAL) will arrive at the Ninoy Aquino International Airport Terminal 1...

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PH, European negotiators narrow gap in free trade talks

MANILA, Philippines – The Philippines and the European Free Trade Association (EFTA) will hold in the first quarter of 2016 their fifth round of negotiations on a proposed free trade agreement once...

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Senate approves bills on TV, radio franchises

MANILA, Philippines – The Senate on Monday, December 7 approved on third and final reading 5 local bills on the franchise renewal of several radio and television broadcasting services.Senator Sergio...

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PH foreign exchange reserves down in November

MANILA, Philippines – The country’s gross international reserves (GIR) went down in November following a high in October, the Bangko Sentral ng Pilipinas (BSP) reported Monday, December 7.BSP Governor...

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Philippine ports chief resigns

MANILA, Philippines – Philippine Ports Authority General Manager Juan Sta Ana has resigned, effective end of December, the PPA announced on Tuesday, December 8.Sta Ana tendered his resignation to...

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TRO vs Uber, GrabCar should cover operations – transport groups

MANILA, Philippines – A transport coalition hit the temporary restraining order (TRO) issued by a Quezon City court against Uber and GrabCar, after the judge clarified that the order won't stop...

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Mitsubishi PH: Third party must settle Montero Sport issue

MANILA, Philippines – Mitsubishi Motors Philippines Corporation (MMPC) said on Tuesday, December 8 that getting a "credible and completely independent third party" is the best way to settle the Montero...

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ATM skimming device found in BPI Tuguegarao City

TUGUEGARAO, Philippines – Local authorities discovered a skimming device inside an Automated Teller Machine (ATM) of one of the 3 branches of the Bank of the Philippine Islands (BPI) in this city...

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PH's economic zones yet to benefit from spillover – ADB

MANILA, Philippines – The Asian Development Bank (ADB) said in a report on Tuesday, December 8 that special economic zones (SEZs) can be a driving force for increased trade, investment, and economic...

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Philippines showcases PPP projects in Canada

MANILA, Philippines — The Philippine government last week invited Canadian companies to participate in and bid for some of the country's public-private partnership (PPP) deals.The country’s PPP...

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PLDT, Microsoft team up for TVolution Stick

MANILA, Philippines – The broadband and digital unit of the Philippine Long Distance Telephone Company (PLDT) expects a good take-up from its newly launched TVolution product based on the computer...

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SC stops field testing of Bt talong, GMOs

MANILA, Philippines – The Supreme Court on Tuesday, December 8, permanently stopped the field testing for Bt (Bacillus thuringiensis) talong (eggplant), upholding the decision of the Court of Appeals...

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PSE to public: Be vigilant against investment scams

MANILA, Philippines – The Philippine Stock Exchange, Incorporated (PSE) has advised the public to be cautious in dealing with individuals who are not licensed to solicit funds for stock market...

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Pyramid scam queen Rose Baladjay, husband sentenced to 7 years

MANILA, Philippines – A Makati court has found so-called "pyramid queen" Rose Baladjay and her husband guilty of scamming investors of the Multinational Telecoms Investors Corporation (Multitel) in...

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PH gov't deficit rises to P27B in October

MANILA, Philippines – The national government recorded a fiscal deficit of P27 billion ($572.58 million) in October, the Department of Finance (DOF) reported Wednesday, December 9.The figure is up...

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Meralco rates going up again in December

MANILA, Philippines – Christmas might not be so merry for some once they see that their Manila Electric Company (Meralco) bill this month reflects higher power rates.The utility firm said on Wednesday,...

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LTFRB to clarify effectivity of TRO on Uber, GrabCar applications

MANILA, Philippines – The  Land Transportation Franchising and Regulatory Board (LTFRB) will seek clarification on the effectivity of a court order stopping the processing of applications for...

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Globe launches online bazaar DigiMall for MSMEs

MANILA, Philippines – Coming from a micro, small, and medium enterprises (MSMEs)-focused Asia-Pacific Economic Cooperation (APEC) summit, Ayala-led Globe Telecom on Wednesday, December 9 launched a new...

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Tax Incentives and Management Act now a law

MANILA, Philippines (UPDATED) – President Benigno Aquino III signed into law the Tax Incentives and Management Act (TIMTA).The President told the attendees of the 2015 Integrity Summit on Wednesday...

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Repeal, modernize outdated laws to sustain economic gains

MANILA, Philippines – Matching outdated laws and regulations with the demands of the modern world would help sustain the country’s current economic momentum and curb corruption, Senator Juan Edgardo...

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