Approved telco permits at nearly 10,000 since July — ARTA

NEARLY 10,000 permits were issued to telecommunication companies within the past five months, the Anti-Red Tape Authority (ARTA) reported Thursday.

Filipino nurses find English tests for UK too hard

BRACING for life after Brexit, British hospitals badly need more nurses like Filipino Jobie Escalona, but she twice flunked a mandatory English language test that asked her to write up the merits of immigration and computer education in school.

DA confirms H5N6 bird flu at poultry farm in Rizal

THE Department of Agriculture (DA) said it confirmed the presence of H5N6 avian influenza in Taytay, Rizal.

LGUs to absorb NG programs in 2022

FINANCE Secretary Carlos G. Dominguez III on Monday told local government units (LGUs) to prepare to absorb programs of the National Government (NG) in 2022, when the Supreme Court (SC) ruling that expanded their share of internal revenue allotments (IRA) will take effect. 

Razon’s Bloomberry set to start building QC casino by 2019

BLOOMBERRY Resorts Corp. looks to start construction on its casino project in Quezon City by 2019, as it targets the mass market in the north.

Work-from-home surge slowing internet services

THE Department of Information and Communications Technology (DICT) said the Luzon-wide lockdown being implemented to contain COVID-19 (coronavirus disease 2019) slowed Internet speeds due to a surge in users.

BIR targets 13% higher excise tax collection for 2021

THE Bureau of Internal Revenue (BIR) is aiming to increase excise tax revenues by 13% this year, as it expects economic activity to pick up as pandemic-related restrictions are further eased.

Robinsons Bank offering LTNCDs

ROBINSONS BANK Corp. has started its offer of long-term negotiable certificates of deposit (LTNCD), which it plans to list on July 16.

India invited to invest in PHL tech sector

THE PHILIPPINES has invited India to invest in its technology sector, with the Department of Finance (DoF) touting the potential of an industrial park in Batangas to serve as a possible regional base for Indian companies.

Slow land-use conversion provokes Duterte ‘outburst’

MALACAÑANG said Thursday that President Rodrigo R. Duterte wants the processing of land-use conversion applications fast-tracked.

PSEi slips on MSCI rebalancing, US-China talks

THE MAIN INDEX continued to slip on Tuesday as foreign investors reacted to the latest Morgan Stanley Capital International (MSCI) rebalancing and developments in the Sino-US trade war.

Trade war escalation drags PSEi to 7,500 level

THE MAIN INDEX spiraled down to the 7,500 level on Thursday, after the United States planned to raise tariffs on $7.5 billion of European goods, escalating the global trade war.