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NTC takes the hardline and elevates Newsnet case to the Supreme Court

The National Telecommunications Commission (NTC) on Wednesday bared seeking Supreme Court affirmation of its stance on businessman Mel Velarde's News and Entertainment Network Corporation’s (Newsnet)...

GCG welcomes inquiries on proposed LANDBANK-DBP merger  

The Governance Commission for Government Owned or Controlled Corporations (GCG) said it welcomes inquiries that will help inform the government on the proposed merger...

Digital economy valued at P2.08 trillion in 2022

The digital economy in 2022 aggregated P2.08 trillion, around 9.4 percent of the country's gross domestic product, according to a pilot study done by the Philippine Statistics Authority. The...

PhilRatings grants highest rating PRS Aaa  to Robinsons Land bond

The Philippine Rating Services Corp. has extended its highest credit rating - a PRS Aaa with a stable outlook -  to the proposed bond...

Yuchengco Group consolidating its renewable energy units

Renewable energy firm, PetroEnergy Resources Corp. (PERC) has a share purchase agreement with EEI Power Corp. (EPC) to acquire all of the latter’s common...

Just in

NTC fines 3 Telcos over poor Metro Manila broadband service 

The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.

UK Trade Minister visits Jollibee in BGC

UK Trade Minister Anas Sarwar visited Jollibee’s BGC Triangle Drive store in Taguig City this week, as part of his official trip to the Philippines.

East Asian languages catch fire in Indonesia

Indonesia ranks among Duolingo’s five fastest-growing global markets by daily active user growth, reflecting huge national demand for language learning. CEO Luis von Ahn confirmed this during talks with Indonesian creator Raditya Dika at Duolingo’s New York office, saying “We’re very interested in the Indonesian market” and highlighting plans to expand English, Chinese, Japanese, Korean and other language courses for local users.

PEZA plans 24/7 Clark office to speed up exports processing

The Philippine Economic Zone Authority (PEZA) is exploring a 24-hour satellite office at the FedEx Philippines Gateway in Clark as it seeks to speed up export processing and reduce regulatory bottlenecks for time-sensitive shipments.
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