Environment minister Roy Cimatu said on Wednesday that a ban on new open pit mining in the country would remain in place, with President Rodrigo Duterte rejecting government panel recommendations to reverse it.
A group of businessmen from Sweden, mostly experts in developing airports and seaports, see Clark International Airport as having all the features for transforming into a major hub, citing its potentials in the aviation industry.
The "duopoly" in the local telecommunications industry, long the target of critics of slow internet in the country, will soon face a challenge, Presidential Spokesperson Harry Roque Jr. announced on Monday.
Maynilad Water Services, Inc. is asking the government to fast track negotiations for the construction of Kaliwa dam, as it noted that water supply would be insufficient to meet customer demand by 2025.
Automotive vehicle sales for October 2017 increased by 17.3 percent year-on-year. The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA), in a joint report released Thursday, said car sales reached 36,511 units in October 2017 from 31,132 units in 2016.
(UPDATE 2 - 12:59 p.m.) Finance Secretary Carlos Dominguez III predicted a "more riveting growth narrative" in the fourth quarter and beyond as the Duterte administration ramps up spending on infrastructure projects.
Leaders of the Association of Southeast Asian Nations (ASEAN) need to establish a platform that would boost multi-country regulatory experiments and cross-border innovation hubs to better prepare the region for digital futures.
The Philippines' current account deficit could increase by $1.75 billion each year by 2021 because of the doubling in the price of world-traded thermal coal since the start of last year, the Institute for Energy Economics and Financial Analysis (IEEFA) said.
Besides traditional businesses, small and medium entrepreneurs in Asia should also be able to derive wealth from the digital space, panelists at the business forums related to the 31st ASEAN Summit said Tuesday.