THE Philippine Competition Commission (PCC) wants Congress to empower it to conduct dawn raids without a court order, as it bolsters its probe of dishonest or fraudulent rivalry in trade and commerce, according to the agency’s year-end report.
A BUSINESS chamber said the economy would probably grow by as much as 7.5% this year, thanks to continuing reforms, increased infrastructure spending and a benign inflation environment.
A CONGRESSMAN on Friday renewed his call for the creation of a Department of Filipinos Overseas and Foreign Employment after the latest tragedies involving Filipino workers in Kuwait and Singapore.
THE Mindanao region remains under a state of national emergency even as martial rule expired on Dec. 31, presidential spokesman Salvador S. Panelo said on Friday.
THE Supreme Court has dismissed several lawsuits seeking to stop the government from banning provincial buses from the main EDSA highway.
AN AMERICAN senator has criticized President Rodrigo R. Duterte’s “strongman tactics,” saying he won’t end his campaign against alleged human rights violations despite being barred from coming to the Philippines.
THE heirs of Reynaldo Momay, a photojournalist whose body was not found after the massacre of more than 50 people in Maguindanao province a decade ago, said they would appeal the dismissal of the murder case.
THE Supreme Court has designated 50 “judges-at-large” who will help other judges decide cases, in keeping with a law that seeks to decongest court dockets.
THE Justice department is expected to resolve “big cases” at the start of the year, a government prosecutor said on Friday.
ABOITIZ Equity Ventures, Inc. (AEV) is planning to issue dollar-denominated senior unsecured notes “subject to market conditions,” the holding said on Friday as one of its units appointed financial institutions to arrange events for investors on the proposed offering.
FIRST Philippine Holdings Corp. (FPH) said on Friday that it intends to ask within the day the Court of Tax Appeals (CTA) to reconsider its decision that granted in part the Lopez-led firm’s petition for review to protest a tax assessment of around P1.5 billion.
PETRON CORP., the country’s largest oil refiner, said on Friday that it had rolled out fuel marking at its refinery in Bataan and its import facility in Misamis Oriental to support the government’s efforts to curb smuggling.
PHILIPPINES AirAsia, Inc. said on Friday that it was increasing the frequency of flights in high demand domestic and international destinations.
THE Department of Agriculture (DA) said Friday it has confirmed a case of African Swine Fever (ASF) in a Quezon City meat dealer’s produce chiller.
A HOUSE official spelled out what he described as onerous provisions in the China-funded Kaliwa Dam project agreement, including the waiver of sovereign immunity and the conditions set for any arbitration proceeding.
THE Tarlac provincial government will establish offices and other facilities in New Clark City, Capas, Tarlac.
THE Department of Agriculture (DA) said it issued import clearances for red onions to address the inadequate domestic supply.
THE Qatar government hopes to fund development projects in the Philippines focused on infrastructure, human capital development and assistance to the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
UNION BANK of the Philippines, Inc. said it received approval from the Bangko Sentral ng Pilipinas (BSP) to issue up to P20 billion worth of notes.
CREDITORS of the defunct Maximum Savings Bank have been invited to submit their claims against the bank’s assets, the Philippine Deposit Insurance Corp. (PDIC) said.
THE PESO weakened sharply past the P51-to-the-dollar level following a rush to safe-haven currencies due to the prospect of fresh Middle Eastern tensions after a US air strike killed a senior Iranian military officer while he was in Iraq.
THE Philippines’ main index showed its first climb after three days on Friday as investors took cues on the mild improvement in the Philippines’ factory output for December.
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THE SUSPECTED gunrunner arrested in Quezon City on January 1 is the point person of the Dawlah Islamiya terrorist group in Metro Manila, according to the police chief.
FACTORY ACTIVITY in the country improved modestly in December, driven by growing demand and higher exports, but production slowed to a two-year low, dragged by supply shortages and traffic issues, IHS Markit’s latest survey showed.
FACTORY ACTIVITY in the country improved modestly in December, driven by growing demand and higher exports, but production slowed to a two-year low, dragged...
Murder convict Anwar Ampatuan Sr. and his two sons appealed the guilty verdict against them by a Quezon City court in connection with the...
GOVERNMENT economic managers are expected to go over 12 projects worth P652 billion this month as part of a plan to build growth centers in the countryside and expand development opportunities nationwide.
THE Philippine Stock Exchange index (PSEi) started the year on a dour note as the benchmark index slipped, while the peso weakened against the US dollar on the first trading day of 2020.
THE Securities and Exchange Commission (SEC) approved the guidelines prepared by the Capital Markets Integrity Corp. (CMIC) on securities borrowing and lending (SBL) and short selling.
METRO MANILA’S office space is expected to grow by 5% this year, with Makati City accounting for most of the supply, a property consultant said, while pointing to demand as continuing to be driven by offshore gaming operators.
NETFLIX INC. has been making its own movies for years, but 2019 may be remembered as the year it truly became a film studio.
LABOR Secretary Silvestre H. Bello III has frozen the processing of papers for new Overseas Filipino Workers (OFWs) to Kuwait, after reports of a Filipino domestic worker murdered by her Kuwaiti employers.
ABS-CBN Corp.’s shares are headed to a 10-year low after Philippine President Rodrigo R. Duterte continued his attacks on the television network he has accused of bias, urging its owners to sell before its franchise expires in March.
IN THE THREE YEARS SINCE streaming giant Netflix entered the Philippines — alongside 90 other territories — in 2016, Filipinos have largely embraced streaming as a new way to consume content.
A FEDERAL JUDGE rejected Tesla Inc’s effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racial hostility, clearing the way for a possible trial.
A LEGISLATOR plans to file a resolution directing the House Committee on Legislative Franchises to “report without delay” for plenary action a consolidation of nine bills seeking the renewal of ABS-CBN Corp.’s franchise.
NETFLIX INC., touting the success of its original programming, said the most popular releases on its streaming service this year were things it produced: the comedy movie Murder Mystery and the third season of its 1980s sci-fi show Stranger Things.
TERM DEPOSIT yields slipped on the first week of the year on the back of some holiday fever and the stronger performance of the peso in 2019.
BERLIN -- The trade union representing cabin crew at Lufthansa’s budget airline Germanwings decided on Wednesday not to continue their strike for the time being after three days of stoppages led to dozens of flights being canceled.
DENNIS O. VALDES is leaving his posts as president and director at PhilWeb Corp. to take the helm at Ongpin-led Alphaland Corp.
ANIMAL SHOW Amanda to the Rescue is coming back for a second season on Jan. 6 on Animal Planet, promising “a lot more consistency” this time around according to its star, Amanda Giese.
RIDE-HAILING company Uber Technologies Inc. and courier services provider Postmates Inc. asked a US court to block a California labor law set to go into effect on Wednesday, arguing the bill violates the US Constitution.
THE GOVERNMENT is planning to price its foreign bond issuances this year at “even tighter” spreads amid expectations of a credit rating upgrade in the medium term and policy easing from global central banks.
MOTORCYCLE ride-hailing service JoyRide expects to hire more bikers and reach the 10,000 cap by February after an inter-agency technical working group imposed the limit on motorcycle taxis, including the more established Angkas.
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