Megaworld gets Davao council endorsement for PEZA accreditation
DAVAO CITY -- The city council has endorsed Megaworld Corp.’s application for its information technology (IT) park to be accredited by the Philippine Economic...
LTFRB orders Uber to explain continued accreditation of drivers
THE Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday ordered Uber Philippines to explain why it continued to accredit new drivers despite a...
Belle profit surges 96% in Q2
BELLE CORP.’S profit surged 96% in the second quarter, buoyed by the higher revenues from its integrated hotel and resort casino City of Dreams...
ABS-CBN maintains lead in nationwide TV ratings
ABS-CBN Corp. on Wednesday said it kept its lead in nationwide television ratings in July, citing data from Kantar Media.
In a statement, ABS-CBN said...
How PSEi member stocks performed — August 2, 2017
Here’s a quick glance at how PSEi stocks fared on Wednesday, August 2, 2017.
8990 Q2 profit falls on permit delays
EARNINGS of 8990 Holdings, Inc. fell 58% in the second quarter as the mass housing developer continued to experience delays in securing permit for...
Indonesian cement firm eyeing Davao investment
DAVAO CITY -- Two Indonesian companies, a cement manufacturer and a real estate developer, are looking at possible investments in the Davao Region, following...
SEC seeks clarification from 2GO’s previous management
THE Securities and Exchange Commission (SEC) is seeking explanations from the previous management of 2GO Group, Inc., its previous auditor R.G. Manabat & Co.,...
NGCP taps GE for transmission line
THE National Grid Corporation of the Philippines (NGCP) has tapped US-based conglomerate General Electric Co. (GE) for the development of a new transmission line...
Novuhair maker eyes $1-million sales in US
NUTRAMEDICA, Inc. expects to generate $1 million in sales from its Philippine-made anti-hair loss products in the United States this year.
In a press briefing...
Uber Philippines ‘concerned’ over planned regulations
By Patrizia Paola C. Marcelo
RIDE-SHARING platform Uber (Uber Systems, Inc.) on Tuesday expressed concern over the planned regulations for transport network companies (TNCs) by the Land Transportation Franchising...
Philippines vows to defend outsourcing empire as China rises
THE PHILIPPINES’ $23-billion outsourcing empire is facing mounting risks: China is rising quickly as a competitor, the government wants to cut some incentives and...