Business

Chamber of Mines renews call vs. illegal small-scale mining

By Lilybeth Ison/PNA MANILA -- The Chamber of Mines of the Philippines (COMP) reiterated its call for the government to intensify its campaign against illegal small-scale mining (SSM) activities. This came after reports...

PCC imposes P6.5-M fine on Grab for submitting wrong data

By Aerol John Pateña/PNA MANILA -- The Philippine Competition Commission (PCC) slapped a PHP6.5-million fine on ridesharing firm Grab Philippines after it violated its voluntary commitments following the approval of its acquisition...

Mislatel insists it has valid franchise to operate as telco

By Aerol John Pateña/PNA MANILA -- New major telco player Mislatel Consortium maintained that it has a valid legislative franchise to operate and deliver communication services in the country. This as the consortium...

PCCI backs liberalizing sugar importation

By Kris Crismundo/PNA MANILA -- The Philippine Chamber of Commerce and Industry (PCCI) backs the government’s move to deregulate sugar importation in a bid to moderate prices of the essential commodity. In a...

2018 investment pledges to drive growth this year: Lopez

By Kris Crismundo/PNA MANILA -- The Philippines’ economic expansion last year may have been slower than expected, but the country’s top trade official said investment commitments from companies in 2018 will fuel...

Fitch Solutions keeps 6.1% GDP forecast for 2019

By Joann Villanueva/PNA MANILA -- Fitch Solutions is maintaining its 6.1 percent growth forecast for the Philippines in 2019, after noting the almost steady expansion last year. In a report, the Fitch Group...
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