Business

Now Telecom case vs. NTC delaying selection of 3rd telco: DICT

MANILA -- The Department of Information and Communications Technology (DICT) has accused third telco aspirant, Now Telecom, of delaying the selection process for the new major player in the local telecommunications industry...

Bicam OKs bill strengthening state pension fund

MANILA -- The Social Security System (SSS) announced in a statement on Tuesday that senators and congressmen comprising the bicameral conference committee approved the bill seeking to amend the 21-year-old charter of...

Local markets end flat Tuesday on US-China trade concerns

MANILA -- Both the Philippine Stock Exchange index (PSEi) and the Peso ended flat on Tuesday as investors stayed on the sidelines given the trade war concerns and budget issues overseas. The PSEi...

BTr partially awards 5-yr T-bond

MANILA -- The Bureau of the Treasury (BTr) on Tuesday partially awarded the five-year Treasury bond (T-bond) as investors continue to ask for high yields. The average rate of the debt paper rose...

PH still ‘interesting market’ for ITBPO firms: IBPAP

MANILA -- The Philippines continues to be an interesting market for information technology and business process outsourcing (ITBPO) companies, IT and Business Process Association of the Philippines (IBPAP) President Rey Untal said. Untal...

PH T-bill rates up again

MANILA -- The rate of the Philippines’ Treasury bills (T-bills) rose across the board on Monday, with the auction committee awarding in full the 91-day paper after three consecutive weeks of rejection. The...
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