Business

Gov’t takeover of Hanjin ‘just a proposal’: Malacañang

By Earl Jed Roque/PNA MANILA -- Malacañang on Thursday said government takeover of debt-ridden Korean company Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) is just a proposal. Presidential Spokesperson Salvador Panelo made this...

CEZA revenues surge to P706-M in 2018

By Kris Crismundo/PNA MANILA -- The Cagayan Economic Zone Authority (CEZA) reported that it closed 2018 with a total of PHP706.5 million in revenues, representing an upward surge of 203 percent from...

USD10-B investment possible with political, economic stability

By Kris Crismundo/PNA MANILA -- With political and economic stability, the Philippines is projected to generate foreign direct investments (FDI) amounting to more than USD10 billion this year, the Joint Foreign Chambers...

50K additional cell sites needed to improve services: DICT

By Aerol John Pateña with reports from Catherine Datiles-OJT/PNA MANILA -- The Philippines needs at least 50,000 more cell towers in operation to truly improve the delivery of telecommunication services, according to...

ERC seeking ISO accreditation for meter testing lab

ERC PR/PNA MANILA -- The Energy Regulatory Commission (ERC) announced that it is seeking to secure an International Organization for Standardization (ISO) accreditation for its meter testing laboratory in order to gain international...

Best interest of PH to take over Hanjin: defense chief

By Priam Nepomuceno/PNA MANILA -- With the Philippine Navy (PN) poised to order 26 ships to augment its fleet in the next 10 years, it would be in the country's interest to...
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