Experts call for ramping up the infrastructure development envelope in Phl
The Philippines has chronically underspent for public infrastructures like roads and railways for decades and the hope is for state spending to ramp up under incumbent President Ferdinand R. Marcos Jr., experts told the Manila-based Asian Development (ADB).
NOW Telecom secures from USTDA $2.15M grant for 5G broadband feasibility study
Publicly-listed Now Telecom Co. has secured a $2.15-milion grant from the U.S. Trade and Development Agency (USTDA) to fund a feasibility study for the...
Four of 17 Jollibee food brands adjudged ‘America’s favorite’
The influential Newsweek magazine has named four of Jollibee Foods Corp.’s brands as America’s favorite.
Philex seeks to acquire stake in gold-copper miner Macawiwili
Philex Mining Corp., one of the largest copper and gold producers in Southeast Asia, has taken the initial steps to acquire a stake in Macawiwili Gold Mining and Development Co. Inc., a gold and copper miner in Benguet.
Credit card issuers welcome higher cap in finance charges
The 17-member Credit Card Association of the Philippines (CCAP) believes the 100-basis point hike in the ceiling on interest rates or finance charges delivered by the central bank’s Monetary Board would boost competition.
