PCC imposes record ₱1.76-B fine on onion cartel
The Philippine Competition Commission (PCC) has imposed a record P1.76-billion fine on six onion trading businesses and their responsible officers for alleged anti-competitive conduct, with possible criminal prosecution to follow subject to evaluation by the Department of Justice (DOJ).
Taway wins new term to advance ₱30-B APECO investments
Aurora Pacific Economic Zone and Freeport Authority (APECO) chief executive Gil G. Taway IV has secured another three-year term, with the agency under pressure to turn its P30-billion investment pipeline into operating projects, new jobs and infrastructure in Aurora province.
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.
