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Technology adoption raises services firms’ productivity

The adoption of digital technologies increases services firms’ productivity and structural reforms that open the services sector to greater competition can spur productivity growth, a World Bank report said.

Gilas outclass Jordan in Asian Games finals, ends 61-year wait for Asiad gold

It was the toughest of roads that Gilas took to get to the basketball finals of Asian Games, and that made the Philippines’ gold medal-clinching victory in the Asiad after a 61-year-long wait even sweeter.

Debt payments, diminished gold value push GIR lower in September

The country's gross international reserves (GIR), an indicator of capacity to pay maturing foreign debt and trade obligations, stood lower in September to $98.7 billion from $99.6 billion, the Bangko Sentral ng Pilipinas (BSP said on Friday.

App monitoring program deploys nationwide

The Department of Information and Communications Technology (DICT)  and the Cybercrime Investigation and Coordinating Center (CICC) on Friday announced the launch and full operation of consumer monitoring apps in 100 sites nationwide. 

DOTr transport infrastructure buildup program seeks ADB support

The Department of Transportation (DOTr) on Friday bared eyeing additional funding support from the Asian Development Bank (ADB) to finance more transport infrastructure projects...

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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