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Ayala sells majority stake in German auto parts maker 

Ayala Corp. on Tuesday bared selling its majority stake in the German auto parts maker MT Technologies GmbH and focus on its core businesses of real...

Free bus rides to FIBA games this Friday

The Parañaque Integrated Terminal Exchange (PITX) has allocated 50 point-to-point buses exclusively for FIBA game fans going to the Philippine Arena on 25 August...

Anti-spam, call ID app made available in Manila

A Taiwan-based technology company on Tuesday bared a call identification and spam-blocking app that will help limit the incidence of fraud in the country. “As...

BSP retains caps on credit card transactions

The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has kept the maximum charge on the unpaid credit card balances unchanged at 3 percent a month.

Budget department wants government Procurement Act updated

The Department of Budget and Management unveiled on Tuesday a proposal to update the 20-year-old procurement law to help speed up government spending and bolster economic activity.

Just in

PH leads push to scale up global loss and damage funding as demand far outstrips available aid

The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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