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  • Grab adds 12 restaurants in its food delivery menu

    January 8, 2019 11:46 AM 22

    Here are the international and homegrown food chains now part of GrabFood MANILA, Philippines – Heads up, foodies! Southeast Asia ride-hailing giant Grab adds more restaurant options on its food delivery service platform. Joining its roster of partners, international food chains Bonchon Chicken, Yoshinoya, Wendy's and Dunkin Donuts are now part of "GrabFood

  • Meralco lowers January power rates

    January 8, 2019 9:36 AM 26

    A typical household consuming 200 kilowatts per hour in a month will be able to save around P68 MANILA, Philippines – The Manila Electric Company (Meralco) lowered overall electricity rates to P9.8385 per kilowatt hour (kWh) for this month, the company announced on Tuesday, January 8. The downward adjustment of P0.3418 per kWh from December’s P10.1803 per kWh means

  • Philippine Airlines launches more flights to Cambodia, Vietnam

    January 8, 2019 6:04 AM 26

    The Philippine flag carrier will launch flights from Manila to Phnom Penh in Cambodia and Hanoi in Vietnam this summer MANILA, Philippines – Flag-carrier Philippine Airlines (PAL) launched new routes in Southeast Asia from Manila, set to be operational starting March 31. In a media briefing Tuesday, January 8, PAL President Jaime Bautista announced that the airline

  • Private sector to finance bulk of Boracay rehab programs

    January 8, 2019 4:38 AM 19

    The Boracay Inter-Agency Task Force plans to implement 233 projects worth P25.27 billion, with the bulk of funds provided by the private sector MANILA, Philippines – The Boracay Inter-Agency Task Force adopted a medium-term action plan for the continued rehabilitation of the island, with the bulk of funding coming from the private sector. The National

  • Oil price hike on January 8 not due to Train Law – DOE

    January 7, 2019 9:58 AM 21

    Oil companies will hike diesel prices by P0.70 per liter and gasoline by P0.80 per liter amid price movements in the global market MANILA, Philippines – Pump prices will increase on Tuesday, January 8, amid movements in the world market, various oil companies confirmed. Caltex, Shell, PTT Philippines, Petrogazz, Phoenix Petroleum, and Eastern Petroleum

  • Bicol farmers affected by Usman to get soft loans, aid

    January 4, 2019 1:59 PM 23

    At least 28,714 farmers and 30,900.07 hectares in Bicol were affected by Usman and the tail end of the cold front ALBAY, Philippines – The Department of Agriculture (DA) will be providing soft loans of at least P25,000 and aid of P5,000 to each farmer in the Bicol region whose crops were destroyed by flooding and landslides caused by Tropical Depression

  • A real roasting: Coffee startup Luckin set to overtake Starbucks in China

    January 3, 2019 12:27 PM 21

    Just a year in the business, Luckin Coffee will open 2,500 stores this year to dislodge Starbucks and become China's largest coffee chain BEIJING, China – After only a year in business, startup Luckin Coffee said Thursday, January 3, it will open 2,500 stores this year to dislodge Starbucks and become China's largest coffee chain. The company said it plans

  • DOF's 2019 wish: Passage of Trabaho bill, other tax reform packages

    January 1, 2019 7:00 AM 16

    Finance Secretary Carlos Dominguez III says they will seek a last push discussion with legislators for the approval of the measures before the 2019 elections "The Department of Finance remains optimistic that the proposed reduction in the 30% corporate income tax (CIT) and the overhaul of the fiscal incentives system, along with the rest of the tax reform

  • Customs hits target revenues in 2018

    December 30, 2018 4:09 AM 19

    Aided by the TRAIN law, the Bureau of Customs reaches its target collections for 2018 MANILA, Philippines – The Bureau of Customs (BOC) hit its collection target for 2018, with revenues reaching P585.542 billion, based on preliminary numbers. The BOC said in a statement on Saturday, December 30, that its tax collection rate grew by 27.8% from last year’s

  • LOOK: Laoag City Bypass Road now open

    December 29, 2018 6:01 AM 16

    DPWH Secretary Mark Villar says the new road is expected to cut travel time going north MANILA, Philippines – The last phase of the Laoag City Bypass Road in Ilocos Norte is now open to the public, Department of Public Works and Highways (DPWH) Secretary Mark Villar announced on Saturday, December 29. It is expected to cut travel time heading north from 45 minutes