Business

USD500M loan from WB available for ‘Ompong’ rehab

MANILA -- Post-Typhoon Ompong (Mangkhut) funding requirements can be augmented by a USD500 million loan from the World Bank (WB) that can be tapped once President Rodrigo R. Duterte declares a state...

Inflation, typhoon devastation only temporary setbacks: Pernia

MANILA -- The inflation surge coupled with typhoon devastation are only temporary setbacks for the Philippine economy and its poverty reduction program, Socioeconomic Planning Secretary Ernesto Pernia said Tuesday. In a press conference...

Ease of doing business consultations done in 2 weeks: DTI

TACLOBAN CITY – The Department of Trade and Industry (DTI) will complete the public consultations needed for drafting the implementing rules and regulations (IRR) of Republic Act No. 11032 or the Ease...

Globe, Smart services restored in most Ompong-hit areas

MANILA -- Globe Telecom reported that its network repair crews have managed to restore services to the municipality of Baggao in Cagayan province, a town hard hit by Typhoon Ompong. “This means all...

13 Manila-China flights cancelled Monday

MANILA -- Thirteen flights between Manila and China were cancelled on Monday due to Typhoon "Mangkhut," the Manila International Airport Authority (MIAA) said. These flights were: China Southern (CZ) 3078 Manila-Guangzhou Philippine Airlines (PR) 382/383...

Telco services being restored in areas affected by ‘Ompong’

MANILA -- Communications services are being restored in areas that were affected by Typhoon Ompong amid repairs on the network facilities of telecommunications firms. Globe Telecom said all its cell sites in the...
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