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Bayantel shows slowest fixed broadband speed in NTC test

MANILA, Philippines — A subsidiary of Globe Telecom, Incorporated registered the slowest Internet connection during the pilot test of fixed broadband speed of local Internet service providers...

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NEDA pushes 3 agricultural policy reforms for ASEAN integration

MANILA, Philippines – The National Economic and Development Authority (NEDA) is scouting for lawmakers who will help them push 3 key policy reforms that will better prepare the Philippine agricultural...

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Philippines to complete 100 Go Negosyo centers in September

MANILA, Philippines — The Philippines expects to complete construction of 100 Go Negosyo centers by the end of September – 3 months ahead of target – providing micro, small, and medium enterprises...

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PH external debt falls first half of 2015

MANILA, Philippines – The country’s external debt fell 19% in the first half of 2015, attributed to the continued weakening of regional currencies against the US dollar in anticipation of an interest...

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#AskTheTaxWhiz: Are OFWs required to file income tax returns?

Dear Mr. Tax Whiz,I have been trying to catch you in public seminars or events featuring the Tax Whiz but most of the time it has a registration fee which I cannot afford. When my friend shared your...

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Women are prime movers of inclusive growth – APEC leaders

MANILA, Philippines – The 3-day Asia-Pacific Economic Cooperation (APEC) Women and the Economy 2015 Fora concluded on September 18 with a joint statement, zeroing in on the role of women as prime...

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PH peso to remain strong after Fed holds rates

MANILA, Philippines — After the US Federal Reserve decided not to raise interest rates, the Philippine peso recorded gains against the dollar on Friday, September 19, and is expected to remain strong...

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What business leaders want from the next PH president

MANILA, Philippines – With contenders in the 2016 presidential elections formally throwing their hats in the ring, foreign business leaders have began to weigh in on what Filipinos should look for when...

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Loving, investing in the art market

MANILA, Philippines – Alfredo Esquillo Jr’s "Eksit sa Itaas" (1998) had traveled the world before it made its way back to the Philippines, into the artist’s first solo exhibition, and into the hands of...

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Over 20 countries on 'waiting list' to join AIIB

SINGAPORE – More than 20 countries are waiting to join the China-initiated Asian Infrastructure Investment Bank (AIIB), its designated president said Saturday as he allayed concerns it was aimed to...

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9 questions for Toby's Estate founder Toby Smith

MANILA, Philippines – “We will never run out of coffee.”These words, by general manager Raoul Peralta, succinctly captured the celebratory mood at the launch of Toby’s Estate in Whitespace, Makati City...

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Customs to auction P9.52M smuggled rice on September 30

MANILA, Philippines – At least 22 container vans of illegally imported rice is set to be auctioned off on September 30, the Bureau of Customs (BOC) said on Saturday, September 19.According to Manila...

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BSP likely to maintain interest rates - Standard Chartered

MANILA, Philippines – Standard Chartered Bank is confident the Bangko Sentral ng Pilipinas (BSP) will keep interest rates steady in line with the US Federal Reserve decision to keep its near zero...

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Tap-and-go beep cards fully operational on LRT1

MANILA, Philippines – Commuters traveling on the Light Rail Transit Line 1 (LRT1) can now use the new contactless tap-and-go beep™ cards on both northbound and southbound directions of the train...

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Accenture goes on P1.07-B expansion spree

MANILA, Philippines ­– Global consulting, technological services, and outsourcing company Accenture is set to embark on expansion projects totaling P1.07 billion ($23 million) that would hire some...

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Marketing to millennials

MANILA, Philippines – A marketer’s place amid the vast library of facts and foibles already written about the millennials is one of understanding, not judgment. There are enough think pieces to cover...

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AboitizPower sets geothermal project in Indonesia

MANILA, Philippines – Aboitiz Power Corporation (AboitizPower) is partnering with an Indonesian geothermal power producer to undertake a project.AboitizPower told the stock exchange Monday, September...

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San Miguel to propose runway, terminal in NAIA

MANILA, Philippines – San Miguel Corporation (SMC) said it will propose to the next administration a plan to build a new P50-billion ($1.08-billion) runway and airport terminal within the existing...

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NEDA 2016 budget increase set to sustain reforms

MANILA, Philippines – The 2016 proposed National Economic and Development Authority (NEDA) budget aims to sustain the reforms momentum heading into the election year.NEDA and its attached agencies...

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How GPS, fitness wristbands disrupt PH insurance industry

QUEZON, Philippines – Smartphones, fitness armbands, global positioning system (GPS), and other web-connected devices are seen to disrupt the Philippine insurance industry, posing a possible financial...

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