DICT looks to name third telco before yearend
THE Department of Information and Communications Technology (DICT) said the inter-agency committee overseeing the selection of a third telco player will come up with a target timetable for the announcement of the new entrant.
PAL to take delivery of Airbus 350-900 in the coming weeks
PHILIPPINE Airlines (PAL) could expect the delivery of its A350-900 aircraft soon as Airbus reported it has successfully flown the new airplane from the assembly line in Toulouse, France, gearing it up for the final phase of production.
Swiss challenge for Marawi rehab may start next week
THE Swiss challenge for proposals on the rehabilitation of Marawi City will start on Tuesday should negotiations with a consortium be successful, the concerned government inter-agency task force group announced on Friday.
Micab partners with Huawei for customized tablets for drivers
TAXI-HAILING firm Micab Systems Corp. formalized a deal with technology giant Huawei on Friday for the provision of customized tablets for its drivers.
Swiss challenge period for Marawi rehab proposals to start June 12
The government inter-agency task force group for the rehabilitation of Marawi City announced on Friday, June 8, a new schedule for the Swiss challenge...
Stocks slide as trade grap widens
Shares slumped on Friday, June 8, tracking the slower performance of regional markets alongside the widening trade gap reported for April.
The bellwether Philippine Stock...
Deutsche Bank says more BSP rate hikes necessary
Succeeding rate hikes may be needed for the Bangko Sentral ng Pilipinas (BSP) over the coming years in order to arrest faster inflation and...
PSBank sees increased usage of cardless withdrawal feature
Philippine Savings Bank (PSBank) saw pickup in the usage of its cardless withdrawal feature in its automated teller machines as it proves to be...
PAL to take delivery of Airbus A350-900 in the coming weeks
Philippine Airlines (PAL) could expect the delivery of its A350-900 aircraft soon as Airbus reported it has successfully flown the new airplane from the...
RCBC sets final terms for stock rights offer
Rizal Commercial Banking Corp. (RCBC) has set the final terms for its stock rights offer (SRO) where it is eyeing to raise P15 billion...
Trade gap widens as exports drop to its lowest in almost two years
The Philippines' trade deficit expanded in April as imports grew by double-digits while exports contracted for the fourth straight month, the Philippine Statistics Authority...
FDI pledges drop 37.9% in first quarter
APPROVED foreign investment pledges fell to their lowest level in nearly eight years last quarter in the face of external developments and uncertainties due to planned changes to the corporate income tax and incentives schemes.