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  • 3rd telco faces franchise trouble before House panel

    December 10, 2018 6:57 AM 28

    The House committee on legislative franchises tackles Mislatel's legal dispute with DigiPhil and its franchise problems MANILA, Philippines – Legal matters led the House committee on legislative franchises to suspend its deliberations on the transfer and sale of the controlling interest of Mindanao Islamic Telephone (Mislatel). The panel was set to approve

  • Unemployment inches up in October 2018

    December 5, 2018 4:11 AM 28

    While unemployment slightly rises in October 2018, underemployment or the number of people looking for additional jobs goes down According to the PSA's Labor Force Survey (LFS), the country's unemployment rate inched up to 5.1%, slightly higher than the recorded 5% in October 2017. Meanwhile, the underemployment rate or the number of people who have jobs but expressed

  • Inflation eases to 6% in November 2018

    December 5, 2018 1:00 AM 30

    The government attributes the slowdown to lower oil prices and stable rice supply conditions MANILA, Philippines – After climbing for 7 straight months, inflation or the increase in the prices of goods slowed down to 6%, the Philippine Statistics Authority (PSA) said on Wednesday, December 5. November inflation was within the 5.8% to 6.6% projected range

  • Businessman Donald Dee dies at 72

    December 2, 2018 10:00 PM 29

    'The business community lost a passionate champion and leader, a stalwart in the industry, and a staunch advocate of and for employers,' says the Employers Confederation of the Philippines “The business community lost a passionate champion and leader, a stalwart in the industry, and a staunch advocate of and for employers,” ECOP said in a Facebook post on Sunday

  • CA orders Pagcor to grant license for Waterfront casino

    December 2, 2018 9:39 AM 33

    The Court of Appeals upholds a previous ruling of a Manila court, saying that Waterfront submitted all requirements and Pagcor must act on its application MANILA, Philippines – The Court of Appeals (CA) upheld a Manila court ruling which ordered the Philippine Amusement and Gaming Corporation (Pagcor) to issue a provisional license to Waterfront Philippines

  • 'Dissatisfied' Grace Poe seeks clarity on 3rd telco entry

    November 27, 2018 11:50 AM 31

    Senator Grace Poe says Mislatel must address cybersecurity concerns, given that China Telecom is part of the consortium MANILA, Philippines – Senate committee on public services chairperson Grace Poe said many details regarding Mislatel, the winner of the 3rd telecommunications player slot, remain unclear. "Ang gusto ko lang klaruhin nila ay ito, siguro

  • Tagbilaran Airport to be closed, all flights moving to Bohol-Panglao

    November 27, 2018 7:58 AM 35

    The new Bohol-Panglao International Airport will be the sole commercial airport that will serve the province of Bohol MANILA, Philippines – The Civil Aviation Authority of the Philippines (CAAP) announced on Tuesday, November 27, that the Tagbilaran Airport in Bohol will be closed starting 6 pm. All flights going to the province will be transferred to the new Bohol-Panglao

  • Gov't bias toward China seen in 3rd telco race

    November 25, 2018 6:13 PM 32

    But Fitch Solutions concedes that China Telecom has the technical expertise to compete with Smart and Globe MANILA, Philippines – The win of Dennis Uy’s Udenna Corporation and China Telecom for the 3rd major telecommunications player slot hints at government bias for Beijing, market think tank Fitch Solutions Macro Research said. “The selection of China

  • 3rd telco Mislatel brushes off national security worries

    November 20, 2018 6:01 AM 34

    'We are a Filipino company. We will never allow our national security to be undermined,' says Udenna Corporation spokesperson Adel Tamano MANILA, Philippines – Executives of Udenna Corporation, the majority shareholders of 3rd telecommunications player Mislatel, assured Filipinos that national security will not be compromised under their deal with China

  • China Telecom, DICT ink deal for submarine broadband infrastructure

    November 20, 2018 4:34 AM 34

    The meeting between DICT Acting Secretary Eliseo Rio Jr and China Telecom Chairman Yang Jie coincides with Chinese President Xi Jinping's visit to Manila MANILA, Philippines – Telecommunications giant China Telecom met with officials of the Department of Information and Telecommunications Technology (DICT) to ink a deal which will speed up internet connectivity