DICT says third telco initiative is not dead

MANILA – The Department of Information and Communications Technology (DICT) on Saturday said that the government's initiative to challenge the dominance of Globe and...

‘PH external debt indicators continue to improve in Q1’

MANILA – Bangko Sentral ng Pilipinas governor Nestor A. Espenilla, Jr. announced that the Philippines' outstanding external debt stood at US$73.2 billion as of...

Rice imported from Vietnam arrives in Albay, GenSan

MANILA – Over 100,000 sacks of rice have arrived in the Philippines from Vietnam, as part of the imported buffer stock ordered by the...

Asian shares fall as China-US trade spat intensifies

TOKYO – Asian shares retreated on Monday after US President Donald Trump cranked up trade tensions with China by going ahead with tariffs on...

Cash remittances rise the most in 17 months

MANILA – Cash remittances from Filipinos overseas rose 12.7 percent in April from the same period in the previous year, the fastest in 17...

Billionaire fathers relinquish empires to sons, daughters

MANILA – A new generation of tycoons has begun to take control of the Philippines' biggest businesses, as billionaires look to their children to...

Economic managers in Japan for PH investment roadshow

MANILA – President Rodrigo Duterte's economic managers are in Tokyo for an investment roadshow and meetings with their Japanese counterparts, officials said Monday. An economic...

DICT says third telco initiative is not dead

MANILA – The Department of Information and Communications Technology (DICT) on Saturday said that the government's initiative to challenge the dominance of Globe and...

Mitsubishi turns over electric vehicles, quick charging station to DTI

Mitsubishi Motors Corporation (MMC) turned over one Outlander PHEV (Plug-in Hybrid Electric Vehicle), one i-MiEV electric vehicle, and an electric vehicle quick charging station...

Amid TRAIN, fast inflation DSWD starts payout of P2,400 grant to poor senior...

MANILA – The Department of Social Welfare and Development (DSWD) jas launched the distribution of unconditional cash transfer program to indigent senior citizens as...