Business

Globe’s mobile data traffic up 49% in Jan.-Sept.

By PR/PNA MANILA -- Mobile data traffic of Globe Telecom surged by 49 percent to 641 petabytes for the first nine months of the year as its LTE coverage reached up to 90...

Proposed El Nido, Coron closure needs careful study: PCCI

By Kris Crismundo/PNA MANILA -- The Philippine Chamber of Commerce and Industry (PCCI) urged the government to take a long, hard look at the proposed closure of El Nido and Coron in Palawan...

DOF to push for reinclusion of removed Package 1B provisions

By Joann Villanueva/PNA MANILA -- The Department of Finance (DOF) vowed to exhaust all means to reinclude the provisions on exchange of information, as well as on bank secrecy, in the proposed Package...

Suspension of oil excise tax hike to push through: Diokno

By Joann Villanueva/PNA MANILA -- Budget and Management Secretary Benjamin Diokno on Wednesday said the implementation of an additional PHP2 per liter increase in oil excise taxes scheduled for 2019 is definitely suspended. In...

Banana exporters set plans to secure markets, find new ones

By PR (PNA) MANILA -- The banana industry has taken the initiative to secure its share in traditional overseas markets and explore new ones for the country’s top fruit export. Key exporters are set...

Local shares recover, Peso stays still

By Joann Villanueva (PNA) MANILA -- The Philippine Stock Exchange index (PSEi) on Wednesday ended its three-day slide, lifted by encouraging earnings in the local bourse, while the peso was almost unchanged against the...
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