‘Nag-antay na po tayo’: Lopez says it’s time to reopen economy
Lopez stressed that reopening the economy would not require relaxing health protocols.
Duterte signs Fist bill into law to aid banks amid pandemic
The Fist Act, or Republic Act (RA) 11523, will address the financial sector’s non-performing asset problems, Malacañang said Wednesday.
Higher world prices drive nickel export earnings despite production slowdown in 2020
Despite a slowdown in production due to the pandemic, the Philippine Nickel Industry Association (PNIA) reported an increase in export value in 2020.Citing data from the Mines and Geosciences Bureau (MGB), it said the Philippine nickel sector produced a total of 18.5...
Philippine vaccination rollout, ‘crucial’ to economy reboot-Cebu Chamber
The Cebu Chamber of Commerce and Industry (CCCI) is hopeful the government's vaccination program will help the recovery of the economy.Felix Taguiam, CCCI president, said the chamber was supportive of the vaccination rollout and described it as "crucial" to the...
Lalamove to end food delivery service on Feb. 15
LalaFood said in a statement on Monday that the company will continue to expand its delivery services, some plans are now ongoing in Manila and Pampanga by February 2021.
Wrong to profit from people’s hunger – Pangilinan
Opposition Senator Francis Pangilinan urged the government to act as one and implement the law that protects consumers, especially during emergency situations like the pandemic."Mali ang pagkakitaan ang gutom at pagdurusa ng taumbayan. Kailangang siguruhin ng...
Duterte appoints Ramon Jacinto as adviser for telecommunications
“PA Jacinto has served the Duterte Administration in various capacities… We are therefore confident that PA Jacinto would ably and effectively discharge his duties in this new assignment,” Roque said.
Palace: No notable improvement in telcos’ services since expropriation threat
“So sa tingin ko po wala pa ring malaking improvement—para nga pong wala pang improvement,” Roque said.
As tax base shrinks during pandemic, proposed law seeks to cut revenue sources
The Duterte government is pushing for a bill cutting the corporate income tax in exchange for strict limits to tax perks enjoyed by investors. Economists however warn against eroding the revenue base at a time of a pandemic, when funds are needed the most.
Grab PH announces new country head
The Philippine office of ride-hailing app, Grab, announced the appointment of its new country head.
Privacy Commission to go after businesses using contact tracing info for marketing gimmicks
The National Privacy Commission (NPC) warned business establishments using for marketing purposes data collected from their customers’ contact tracing forms that they could face hefty fines and jail time if they don’t cease from the illegal practice.
PLDT: ‘Countermeasures in place to reinforce cybersecurity’
Cathy Yap-Yang, head of PLDT’s corporate communications, said in a letter to PressOne.PH that the 10 data breaches in 2019, mentioned in a filing with US corporate regulators, had been addressed in compliance with requirements set by the Philippines’s National Privacy Commission.
PLDT reports 10 data breaches in 2019; says it’s ‘less effective’ in deterring cyber threats
PLDT fought off 10 data breaches in 2019, the company said in a regulatory filing submitted to the Securities and Exchange Commission in the United States.
Gabby Lopez steps down from ABS-CBN, other Lopez companies
He also stepped down as director of other Lopez-owned businesses: ABS-CBN Holdings Corp., Sky Vision Corp., Sky Cable Corp., Philippine Holdings Corp., First Gen Corp. and Rockwell Land Corp.
Businesses urged to innovate, prepare for digital-based economy
“The enterprises must be ready to more aggressively innovate, to shift more rapidly to take advantage of new digital technologies and to identify emerging business opportunities. These are not only moving into the ‘new normal.’ We should be purposefully moving toward a ‘new economy,’” Finance Secretary Carlos Dominguez III said.
Smart, PLDT record data traffic increase amid quarantine period
Mobile data traffic significantly increased during the quarantine period in the country according to PLDT and Smart Communications Inc.