DICT unveils 3 top projects: Govt portal, broadband plan, and free public Wi-Fi

The Department of Information and Communications Technology (DICT) has formally launched its three flagship project.
ERC study rate hike petitions

Lower rates welcome but applications for fee hikes bear watching: consumer advocates

Consumer group CitizenWatch has hailed the orders of the Energy Regulatory Commission (ERC) that will cause electricity prices to go down for June, July and August, but called for vigilance on pending applications seeking to increase the fees charged on the monthly bill.

Officials, private sector experts weigh in on concerns over ‘hybrid PPP’

There has been concern over recent pronouncements that the government was moving away from PPPs in this massive infrastructure push--something that officials are clarifying. Hybrid PPPs, they said, will be the new preferred scheme.

DOTr to mark 5 stations of Manila-Clark railway project

The Department of Transportation (DOTr) will lead Monday (June 26) the Station Marking of five stations of the Japanese-funded Manila-Clark Railway Project, the line that will connect Manila to Central Luzon.

Dusit International to manage RLC’s new five-star resort in Mactan

Thailand-based, global hospitality company Dusit International through its local affiliate, has signed a hotel management agreement, with leading real estate company Robinsons Land Corporation (RLC) to operate the Dusit Thani Resort Mactan Cebu Resort, a five-star resort on Mactan Island.
DOF Usec Karl Chua

9 in 10 Filipino taxpayers to get 20% buying power boost from tax cut: solon

Nine out of 10 Filipino individual taxpayers will enjoy a 20-percent boost in their purchasing power once the personal income tax cuts approved by the House last month are enacted, Buhay Rep. Lito Atienza said Sunday.
The Department of Energy is preparing for the scheduled maintenance shutdown of the Malampaya natural gas platform on July 15 and 16, and September 23 and 24, while assuring the public there will be enough supply.

WATCH | Boeing to test self-flying planes

At the Paris Airshow aerospace company Boeing looks ahead to the next stage of autonomous vehicles -- self-flying planes.

WATCH | BDO working to stop ‘skimming’

Seven of BDO’s 3,700 automated teller machines were affected in three recent incidents of “skimming,” the Senate was told Wednesday.

Claims of additional billions from BPI glitch false, says bank

Clients of Bank of the Philippine Islands who said their accounts grew by billions of pesos during the recent technical glitch at the financial institution were making false claims, bank officials told the Senate Wednesday.

DOTr launches PUV Modernization Program

The Department of Transportation (DOTr) officially launched Monday (June 19) the Public Utility Vehicle (PUV) Modernization Program which seeks to provide safe, comfortable and environmentally sustainable mode of public transport to commuters.

Economy to expand strongly in H2, GDP growth to hit 7% in 2017: FMIC-UA&P

In the latest issue of The Market Call, investment bank First Metro Investment Corp. (FMIC) and the University of Asia & the Pacific (UAP) said “a very strong” projected growth for the second half could offset the weakness in the first semester.

DBCC revises govt borrowing program with eye on budget deficit target of 3% of GDP

Philippine economic managers have revised upwards the government’s 2017 borrowing program, and National Treasurer Rosalia de Leon said this was in line with the 3 percent ceiling earlier set by the administration.