Grab on Monday said it does not tolerate any criminal activity involving its partner drivers, following the arrest of a Grab driver in buy-bust operation on Sunday.
President Rodrigo Duterte pushed for «inclusive globalization» as one way to empower smaller member-nations during the APEC Summit leader's meeting on Sunday, Trade and Industry Secretary Ramon Lopez said.
Asia-Pacific leaders failed to agree on a communique at a summit in Papua New Guinea on Sunday for the first time in their history as deep divisions between the United States and China over trade and investment stymied cooperation.
Investors will get a glimpse of consumer health next week as the holiday shopping season gets under way with Black Friday sales, and a solid start could help equities steady after several tumultuous weeks.
Some oil companies announced another round of fuel price rollbacks effective Sunday, November 18.
The Philippines and Papua New Guinea signed a memorandum of agreement on Friday for agricultural cooperation.
Panay Electric Co., the sole power distributor in Iloilo City, on Saturday said it will file a complaint before the appropriate courts if Congress grants a 25-year legislative franchise to MORE Electric Power Corporation.
Department of Information and Communications Technology Acting Secretary Eliseo Rio Jr. said Saturday the process to declare Mislatel Consortium as the third telco player can now proceed as Philippine Telegraph and Telephone Corp. and Singson-led Sear Telecom no longer pursued to appeal their respective disqualifications before the National Telecommunications Communications.
US President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list.
The US dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said US interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over US-China trade ties.
US manufacturing output increased for a fifth straight month in October, shrugging off a sharp decline in motor vehicle production and suggesting underlying strength in factory activity despite signs of a slowdown in the sector.
The total debt shouldered by Americans has hit another record high, rising to $13.5 trillion in the last quarter, while an unusual jump in student-loan delinquencies could provide another signal that the US economic expansion is growing old.
European stocks slipped again, and sterling and the euro remained volatile on Friday, as one of the most dramatic twists yet in the Brexit process compounded another turbulent week for world markets.
The Philippine Telegraph and Telephone Corporation (PT& T) filed a petition on Friday to the Supreme Court to reverse its disqualification as the country's third telecommunications service provider.
Oil companies are lowering pump prices of petroleum products for the sixth straight week next Tuesday, according to the Department of Energy.
The Philippine peso rallied against the US dollar on Friday, helped by positive sentiment over the central bank move on policy rates to address inflation
The House of Representatives leadership assured the public Friday that there will be no reenacted national budget for 2019.
The implementation of the Ease of Doing Business law is facing delay amid issues on the validity of the implementing rules submitted by the Department of Trade and Industry (DTI) to the Office of the President for approval.
Share prices on the Philippine Stock Exchange rebounded to the 7,000 support level on Friday helped by positive sentiment from the latest monetary action and the gains overnight on Wall Street.
US stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports.
Sterling tumbled on Thursday and a gauge of global stocks declined for a sixth straight session as political developments in Britain rippled through currency, bond and equity markets.
The Duterte administration should grant tax incentives to micro, small and medium enterprises (MSMEs) to stir economic growth, an expert said Thursday.
Consistency in implementing policies is key to making micro, small and medium enterprises (MSMEs) thrive, an industry expert said Thursday.
The Bagong Alyansang Makabayan (BAYAN) pointed out on Thursday what appears to be «hidden increases» in the water bill after the Metropolitan Waterworks and Sewerage Systems approved the rate hike application of the two concessionaires Maynilad and Manila Water.
The Bangko Sentral ng Pilipinas on Thursday delivered its fifth consecutive rate hike this year, citing upside risks to the inflation outlook.
Share prices on the Philippine Stock Exchange extended their winning streak on Thursday as investors took advantage of cheaper stocks in light of expectations that the central bank will go for another rate hike.
The Bangko Sentral ng Pilipinas' policy-setting Monetary Board's decision to hike rates anew on Thursday could be the last tightening action from the central bank this year, London-based think tank Capital Economics said.
President Rodrigo Duterte has renewed the franchises of Manila Broadcasting Company and two other networks for another 25 years.
A successful, innovative business needs employees with the right attitude more than skills, a Mercedes Benz executive said Thursday.
Personal remittances were up 2.0 percent in September year-on-year, data released by the Bangko Sentral ng Pilipinas on Thursday showed.
Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit deal.
Century Properties Group posted a net income of P661 million in the first nine months of 2018, up 23 percent from P539 million a year earlier on the back of diversification and expansion initiatives.
Malacañang expects the rice tariffication bill to go smoothly through deliberations at the bicameral conference committee because the measure has been certified as urgent by President Rodrigo Duterte.
Wall Street stocks fell on Wednesday, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the US House of Representatives.
Bitcoin fell to a more than one-year low on Wednesday, breaching a key support level of $6,000 and causing a wave of selling in the digital currency and other crypto assets in what has been a prolonged market slump that began early this year.
