Business

LTFRB approves accreditation of ride-hailing firm Hype

MANILA -- The Land Transportation Franchising and Regulatory Board (LTFRB) has approved the accreditation of Hype Transport Systems Inc. as a new transportation network company (TNC). LTFRB has released Wednesday Accreditation No. ‎2018-001...

Grab insists P2 per minute travel charge is legal

MANILA -- Ridesharing firm Grab Philippines reiterated on Wednesday that the PHP2 per minute travel charge it imposes to its riders is legal. The company also denied allegations that it is imposing illegal...

PH reforms consistent with APEC’s goal of inclusive globalization

MANILA -- The Asia Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) Philippines has lauded the policy reforms presented by the country in the Trade Policy Review (TPR) of the World Trade...

Car sales down 2% in Q1 2018

MANILA -- The Association of Vehicle Importers and Distributors, Inc. (AVID) registered a decline of 2 percent in sales for the first quarter of 2018, with only 22,758 vehicles sold from...

Italian firms eye PH as investment hub

MANILA -- Some 55 Italian companies are interested in investing in the country, Italian Chamber of Commerce in the Philippines, Inc. (ICCPI) Executive Director Lorens Ziller said Wednesday. On the sidelines of...

Small miners asked to disclose details of operations

MANILA -- The Multi-Stakeholders' Group (MSG) of the Philippine Extractive Industries Transparency Initiative (PH-EITI) has requested small scale miners to voluntarily submit income and operation reports to the national government for...
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