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  • NAIA terminal fee to increase in April 2019

    October 31, 2018 5:07 AM 19

    The terminal fee will go up from P550 to P750 for international flights, and from P200 to P300 for domestic flights MANILA, Philippines – The Ninoy Aquino International Airport (NAIA) terminal fee for international and domestic flights will be increased beginning the 2nd quarter of 2019. In a media briefing, Manila International Airport Authority (MIAA)

  • Infrastructure continues to boost gov't spending in August 2018

    October 23, 2018 6:41 AM 12

    Bulk of infrastructure and capital outlay disbursement in August goes to public works and military communication equipment MANILA, Philippines – Disbursements for infrastructure and capital outlay continued to boost government spending in August at P68.4 billion, which is 70.5% or P28.3 billion higher than the previous year. In its latest report on disbursements

  • Grab to train drivers as emergency first responders

    October 22, 2018 1:53 PM 8

    Grab drivers will no longer just get you to your destination. The company's plan is for them to become emergency first responders and aid in busting crime, too. MANILA, Philippines – Grab drivers are going the extra mile and may soon save lives in road accidents and help bust crime. The ride-hailing company launched its Safer Everyday Tech Roadmap on Monday

  • Poorest Filipinos feel inflation at 8% in August 2018

    October 22, 2018 9:12 AM 14

    MANILA, Philippines – The poorest or bottom 30% income households felt inflation at 8% in August 2018, according to the latest release from the Philippine Statistics Authority (PSA). The figure was higher than the 7.3% recorded in July 2018 and the 3% posted in August 2017. (READ: EXPLAINER: How inflation affects you) All indices of all the commodity

  • LIVE: Senate hearing on 3rd telco selection

    October 21, 2018 7:50 AM 11

    Watch the hearing live on Rappler on Monday, October 22 MANILA, Philippines – The Senate committee on public services will hold a hearing on Monday, October 22, to tackle the government's selection of the country's third major telecommunications player. "We need to have meaningful competition in public utilities like telecommunications that will translate

  • Antitrust watchdog fines Grab P16 million over Uber deal

    October 17, 2018 2:58 AM 9

    Following a third-party review, the Philippine Competition Commission slaps Grab with a fine of P12 million and Uber with P4 million for causing 'undue difficulties' to the review he country's antitrust watchdog, imposed P16-million worth of penalties on ride-hailing giant Grab Philippines for failing to maintain operations before it acquired Uber. Following

  • Top UK audit firm to monitor Grab pricing, service quality

    October 10, 2018 1:36 AM 16

    Philippine Competition Commission chief Arsenio Balisacan says Smith & Williamson 'will serve as our eyes and ears on the ground' COMPLIANCE. The Philippine Competition Commission selects Smith & Williamson to monitor Grab's compliance to pricing and service quality commitments. MANILA, Philippines – The Philippine Competition Commission (PCC) has chosen

  • Starbucks coffee will now cost you more

    October 2, 2018 7:51 AM 9

    MANILA, Philippines – Coffee giant Starbucks Philippines will be raising its beverage prices starting this week. In a statement on Tuesday, October 2, Starbucks said that the 3 to 8 percent price hike is part of a periodic increase by the company. "We periodically evaluate pricing to balance our need to run the business profitably while providing maximum

  • Jollibee in London shows PH businesses can go global – envoy

    September 28, 2018 11:30 PM 8

    The Philippine embassy says Jollibee, the first Philippine fast food chain to expand to the United Kingdom, is 'blazing the trail for other Philippine businesses' MANILA, Philippines – The opening of the first Jollibee store in London shows that Filipino businesses can compete across the globe, said Philippine Ambassador to the UK Antonio Manuel Lagdameo

  • Lucio Tan to merge PNB, PNB Savings Bank

    September 28, 2018 10:10 AM 30

    The banks, once merged would have an asset base of P932.7 billion MANILA, Philippines – Lucio Tan is merging the Philippine National Bank (PNB) with the PNB Savings Bank to strengthen the Tan group's consumer lending business. Tan disclosed to the Philippine Stock Exchange on Friday,September 28, that PNB's board of directors approved the acquisition