Business

PCC orders Uber, Grab to explain shutdown of Uber ops

MANILA -- The Philippine Competition Commission (PCC) has ordered ridesharing companies Uber and Grab to explain why they failed to maintain their separate business operations which was stipulated in the interim measures. The...

Malaysian biz group eyes oil palm industry in Davao

DAVAO CITY – Members of the Sarawak Chamber of Commerce linked up with the local business group here to explore opportunities in oil palm industry. Davao City Chamber of Commerce and Industry...

PEZA: PH has 137 new sites for ecozones

MANILA -- The Philippine Economic Zone Authority (PEZA) has a total of 70,476 hectares of land in 137 new locations throughout the country to host new economic zones. Bulk of these potential areas...

Lopez calls PH economic growth a “virtuous cycle”

MANILA -- Trade and Industry Secretary Ramon Lopez called the Philippines’ economic growth story a “virtuous cycle” that would lead to further expansion of the economy. In a text message, Lopez welcomed the...

Ecozones to usher PH into ‘golden age of economic growth’

MANILA -- The development of more economic zones in the country will usher in the “golden age of economic growth” as envisioned by the Asian Development Bank (ADB), officials of the...

WB sees PH sustaining 6.7% GDP growth

MANILA -- The World Bank (WB) expects the Philippines to sustain stable economic growth this year and the next, noting the country should invest more in infrastructure and human capital to achieve...
spot_img

Popular