Business

PCC launches probe on Grab-Uber merger

MANILA -- The Philippine Competition Commission (PCC), the country’s antitrust body, launched Tuesday a motu proprio review on the acquisition of Grab Holdings, Inc. and MyTaxi.PH of the assets of Uber BV and Uber...

9 major infra projects up for NEDA Board approval

MANILA -- Nine big-ticket infrastructure projects, including San Miguel Corp.’s proposed PHP700-billion airport project in Bulacan, are up for approval by the National Economic and Development Authority (NEDA) board, the state planning...

E-vehicle industry in ASEAN vow closer collaboration

MANILA -- Electric vehicle (e-vehicle) associations within Association of Southeast Asian Nations (ASEAN) member states are striving for closer collaboration for the development of the growing industry. Electric Vehicle Association of the Philippines...

Boracay closure’s economic impact likely minimal: NEDA

MANILA -- The proposed six-month closure of Boracay Island is expected to have a minimal impact on the Philippine economy, but will affect livelihood in the country’s top tourist destination, the National...

Auto loans to grow due to TRAIN, says BPI exec

MANILA -- An official of Ayala-led BPI Family Savings Bank is optimistic about the sustained expansion of their car loans this 2018 following the implementation of the Tax Reform for Acceleration and...

BCDA to award P3.5-B SCTEX-New Clark City access road

MANILA -- The Bases Conversion and Development Authority (BCDA) is set to award the PHP3.5-billion access road to New Clark City from the Subic-Clark-Tarlac Expressway (SCTEX). In an interview Monday, BCDA Business Development...
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