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Telco pursues zero-lease on buildings campaign without letup

Globe Telecom is ramping up efforts to eliminate lease fees on installed telecom equipment inside buildings and compel developers to include connectivity infrastructure from the very beginning of construction projects.

NEDA Board slashes rice import duty to 15% from 35% to tame inflation

The NEDA Board, chaired by President Ferdinand Marcos Jr., has approved the reduction of tariff on rice to 15 percent from 35 percent to substantially lower the cost of the staple and ease its impact on inflation, whose elevated level has kept the central bank from cutting interest rates to help spur greater economic activity.

Cebu Landmasters: Casino operations not an investment priority

Cebu Landmasters Inc., the listed Visayas-based property developer, continues to expand its product offering and reach but remains hesitant to embrace casino operations as part of its business.

Kingson Sian leaves Alliance Global, relinquishes post as president, director, COO

Kingson U. Sian, one of first executives recruited by billionaire Andrew Tan when he started building his property empire with Megaworld Corp. as centerpiece,...

Alternergy amass P20B capital for a slew projects next year

Renewable energy producer Alternergy Holdings Corp. on Monday reported raising capital funds of over P20 billion since its initial public offering in March 2023.

Just in

UPS opens $80-M Clark air hub, creates 600 jobs

United Parcel Service (UPS) opened its USD80-million international air hub at Clark International Airport in Pampanga on Thursday, October 15, boosting the Philippines’ cargo capacity as the government seeks to reduce logistics costs and attract more investment.

DA seeks wider toll operator support as MPTC reinstates agri transport rebate program

The Department of Agriculture (DA) is calling on more tollway operators to join its agricultural transport rebate program, building on the early participation of Metro Pacific Tollways Corp. (MPTC) as the government moves to cushion farmers and consumers from rising fuel costs and help stabilize food prices.

Resilient cables need stronger gov’t-industry ties

The PLDT Group is calling for deeper partnership between the government and private sector to make the country’s subsea cable network stronger and more reliable.

NLEX-C5 Northlink segment 96% done, opening soon

NLEX Corporation reports the 2-kilometer section linking Mindanao Avenue and Quirino Highway is now 96 percent complete, putting the project on track to open soon.
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