The Department of Transportation and Metro Pacific Tollways Corp. are in talks on how to implement the long overdue toll increases and settle a dispute on how to collect the adjustments.

Inflation is seen to reach its highest level sometime during the July to September period of this year and ease within the government's target range of 2 to 4 percent next year, Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. said Tuesday.

Nestlé on Tuesday said it has sealed a deal to market the products of US coffee giant Starbucks around the world, outside of its cafes.

Canada wants free trade with the ASEAN bloc, Trade Minister Jim Carr said Monday on the eve of a trip to Thailand and Singapore for «exploratory» talks.

San Francisco, United States -- Toyota will pump about $500 million into Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday.

QUITO --A New York man charged with trying to defraud Facebook Inc. founder Mark Zuckerberg is fighting extradition from Ecuador where he was arrested after fleeing before his trial in the United States more than three years ago.

The United States told the World Trade Organization on Monday it would block the reappointment of one of the WTO's four remaining appeals judges next month, confirming trade experts' fears of a crisis in the system for settling global rows.

The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact.

The U.S. Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 percent to 172.51 percent, and it would impose duties on the product.

The National Food Authority allowed its retailers in Cavite, Ilocos Sur, and Ilocos Norte to withdraw bags of rice way above their weekly allocations, resulting in uneven rice distribution, the Commission on Audit said in its 2017 audit report.

Pump prices of petroleum products will be hiked anew on Tuesday, marking the second consecutive week of price increases.

Facebook Philipines Country Director John Rubio shares the company culture, career paths within the organization, and what makes for a perfect Facebook fit!

SHANGHAI -- Asian shares rose early on Monday, taking support from Wall Street's gains on Friday after US Federal Reserve Chairman Jerome Powell said a gradual approach to raising rates was best to protect the US economy and job growth.

Local financial markets are closed on Monday, August 27, in commemoration of the National Heroes' Day.

The Iranian parliament voted on Sunday to remove the minister of economic affairs and finance, Masoud Karbasian, from office, state media said, amid a sharp fall in the rial currency and a deterioration in the economic situation.

The Department of Finance (DOF) on Sunday said it has submitted to Congress the remaining packages of the administration's planned comprehensive tax reform program.

Another round of fuel price hikes is seen this week, industry sources said Sunday.  

The United States has softened its contentious demand for a NAFTA «sunset clause,» Mexico's incoming trade negotiator said on Saturday, potentially eliminating a key obstacle to reaching a deal next week to revamp the trade pact.

US fund investors are in no rush to shore up defenses against the strong dollar.

Tesla Inc CEO Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take his US electric car maker private, abandoning an idea that had stunned investors and drawn regulatory scrutiny.

Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank's push to raise interest rates as healthy for the economy and signaled more hikes were coming despite President Donald Trump's criticism of higher borrowing costs.

The benchmark S&P 500 stock index clinched its longest bull-market run on Friday, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the U.S. central bank's current pace of rate hikes.

Hong Kong-based Landing International Development Ltd. is not backing down on its plan to build an integrated resort-casino in the Philippines despite the challenges the company is now facing back home.

The Civil Aeronautics Board on Friday met with officials of 20 airlines in connection with passengers' complaints related to the closure of the Ninoy Aquino International Airport's runway last week

U.S. stocks added to their gains slightly on Friday after Federal Reserve Chair Jerome Powell said further interest rate hikes were the best way to protect the U.S. economic recovery.

The number of Americans filing for unemployment benefits fell last week, a sign the labor market was holding firm despite tensions between the United States and its trading partners that have led to tit-for-tat tariffs.

Wall Street's major indexes fell on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.

The benchmark S&P 500 edged higher on Thursday as technology stocks rose, though gains were restricted by declines in commodity-related stocks and trade-sensitive sectors after new tariffs took effect in the U.S.-China trade war.

China has filed a complaint to the World Trade Organisation (WTO) against tariffs slapped by the United States on $16 billion worth of Chinese goods, China's commerce ministry said on Thursday.

Share prices on the Philippine Stock Exchange traded on a strong note in a technical rally Thursday, boosted by net foreign buying.

The Philippine peso depreciated against the greenback for the second consecutive trading day on Thursday as the US dollar gained more strengthen amid the trade talks between China and the United States.

The Department of Information and Communications Technology (DICT) said on Thursday it is not keen increasing the minimum capital expenditure for the third telco player.

HANOI -- Vietnamese telecommunication company Viettel has set its sights on the Philippines as the next destination in its overseas expansion drive, the company said on Thursday, as the archipelago’s economy clears the way for the entry of a third operator.

The cockpit voice recorder (CVR) of the Xiamen Air plane that skidded off the runway of the Ninoy Aquino International Airport (NAIA) has been sent to Singapore, the Civil Aviation Authority of the Philippines (CAAP) said Thursday.

The Department of Information and Communications Technology is studying how to reclaim radio frequencies that are not being used by telecommunications companies.