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01:52 Filipino restaurants need prime spots in malls: Adobo Connection


02:24 Duterte mad like 'fire-breathing dragon' over Nayong Pilipino deal: Roque


01:49 How Southeast Asia can 'offset' US-China trade war



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  • Lower GDP over Duterte's policies? 'So be it,' says Malacañang

    August 9, 2018 4:36 AM 6

    Environmental policies that have slowed down economic growth, such as the Boracay closure and stricter rules for mining, are 'justified,' says Presidential Spokesman Harry Roque "He has given a higher priority to the protection of the environment and he makes no apology for it," Roque added. The Palace spokesman was referring to the Boracay closure as one such policy

  • Retailers bet on 'bricks and clicks' in Philippines

    August 9, 2018 3:49 AM 6

    MANILA -- Merchants can entice shoppers online and lead them to physical stores in a fusion of "brick and click," the head of alocal retailers' group said. As e-commerce gains traction in the country, online retailers are also investing in brick and mortar stores to allow consumers to try their products, Philippine Retailers Association vice chairman

  • Ericsson sees 5G mobile in PH by next year

    August 8, 2018 12:25 PM 8

    MANILA - Telecom equipment maker Ericsson said it is confident that fifth generation mobile technology or 5G will be introduced in the Philippines as early as next year. "I think you will see the next generation technologies in the Philippines in the next year, definitely. And then it will be a gradual rollout," said Martin Wiktorin, head of Ericsson

  • LOOK: Proposed road network projects in Bulacan

    August 8, 2018 11:41 AM 6

    The proposed road network projects in Bulacan are seen to help boost the economy of Central Luzon MANILA, Philippines – New road networks will soon be constructed to boost the economy and mobility within Bulacan. Tollway company North Luzon Expressway Corporation and the Department of Public Works and Highways (DPWH) on Wednesday, August 8, presented

  • Canceled Japan flights due to Typhoon Shanshan

    August 8, 2018 5:50 AM 6

    Typhoon Shanshan is heading for Japan, prompting the cancellation of certain flights on Wednesday, August 8, and Thursday, August 9 MANILA, Philippines – Several Philippine Airlines (PAL) flights to and from Tokyo were canceled due to Typhoon Shanshan, which is expected to bring heavy rain and strong winds to Japan. Affected passengers can call PAL hotline

  • Duterte mad like 'fire-breathing dragon' over Nayong Pilipino deal: Roque

    August 8, 2018 2:24 AM 10

    MANILA -- President Rodrigo Duterte was mad "like a fire-breathing dragon" over Nayong Pilipino Foundation's lease deal with Hong Kong's Landing International, his spokesman said Wednesday. Duterte on Tuesday sacked the foundation's entire board just as it broke ground on a $1.5 billion resort in Entertainment City, the Philippines' answer to Las Vegas

  • Philippines sells $1.39 billion in Samurai bonds

    August 8, 2018 1:37 AM 9

    MANILA -- The Philippines said Wednesday it raised 154.2 billion yen (P73.4 billion) from the sale of multi-tranche Samurai bonds. The transaction size had a dollar equivalent of $1.39 billion, Finance Secretary Carlos Dominguez said in a statement. "With overwhelming demand from both onshore and offshore investors, the Republic was able to secure the largest

  • UPS eyes more investments in Philippines

    August 7, 2018 9:09 AM 7

    MANILA - International logistics firm UPS is looking to invest more in the Philippines because of its robust economy, a company official said Tuesday. UPS Philippines is looking to invest more in technology to make its Clark facility more efficient, said managing director Chris Buono. The prospects for e-commerce retailers in the Philippines was good, but they need to adapt

  • Government should worry about sky-high inflation – economists

    August 7, 2018 6:43 AM 5

    Economists point to government agencies' inability to coordinate well as one of the main reasons why inflation accelerated further in July MANILA, Philippines – Inflation in July surged to 5.7%, the highest in over 5 years. The figure brought up this year's average to 4.5%, already beyond the government's target range of 2% to 4%. The figures are worse

  • Petron net income up 16 pct in first half

    August 7, 2018 6:35 AM 5

    MANILA - Petron Corp said Tuesday net income in the January to June period rose 16 percent to P9.5 billion, compared to the same period in 2017. Revenues climbed 32 percent to P273.5 billion, driven by higher fuel prices and sustained sales from Petron's local and Malaysian operations, the Philippines' largest oil refiner told the stock exchange