PCC ‘Disappointed’ over PLDT-Globe Lawsuit
PLDT and Globe has brought the Philippine Competition Commission (PCC) to court over disagreements on the legality of the P70 billion deal with SMC. The telco giants filed a petition …
MVP Encourages Business Sector to Invest in Tourism, Mining
Business magnate and Philex Mining Corp. chairman Manuel V. Pangilinan called for investments in tourism and mining during the BusinessWorld Economic Forum. Pangilinan emphasized the need to address poverty by …
Splash Corp. Backs Out of Stock Exchange
Splash Corp., a Filipino-owned manufacturer of personal care products, has announced its plan to delist from the Philippine Stock Exchange (PSE). The move will include a tender offer to acquire …
Boracay Tourist Arrivals Near 1M Mark in First Half of 2016
World renowned island paradise destination Boracay has nearly reached the 1 million mark for tourist arrivals in the first half of 2016. Tourist arrivals had an increase of 15.32 percent …
Bill to Push Salary Hike for Public School Teachers
Last Monday, Cebu City First District Rep. Raul Del Mar filed a bill that aims to upgrade the salaries of both elementary and secondary public school teachers. From eleven thousand …
AirAsia COO to Become Interim CEO
Philippines AirAsia Inc’s Board of Directors has named Dexter Comendador as its interim Chief Executive Officer (CEO) effective July 30. Comendador was an officer in the aviation industry of the …
Palawan Island Hailed as World’s Best Island
Travel+Leisure, a New-York based magazine, named the island of Palawan as the world’s best island. The magazine asked their readers to compare and rate popular travel destinations around the world. …
NEDA, DOE Pushes Solar Power for Commercial Buildings
A plan is being formulated to encourage the use of renewable energy to address the country’s power needs. The National Economic and Development Authority (NEDA) and the Department of Energy …
BMI Research: Philippines Among 10 Emerging Markets of the Future
BMI Research sees a robust economic growth for the Philippines in the future under the Duterte administration. The Philippines, together with Indonesia, Myanmar, Vietnam, Bangladesh, Egypt, Ethiopia, Kenya, Nigeria and …
M/V Starlite Eagle to Ply Roxas-Caticlan Route
As part of its push in modernizing its fleet, Starlite Ferries Inc. has just recently revealed its new Roll-On Roll-Off (RoRo) vessel at the Sta. Clara Pier in Batangas City. Named …