Business

Uber ride-hailing app to operate until April 15

MANILA -- The app of ridesharing firm Uber will continue to be active until April 15 as Grab Philippines has agreed to subsidize its costs. Grab Philippines said it will comply with...

LTFRB wary on PCC order allowing Uber to continue ops

MANILA -- The Land Transportation Franchising and Regulatory Board (LTFRB) has expressed concern that the order of the Philippine Competition Commission (PCC) for ride-sharing firms Uber and Grab to maintain their separate...

Mindanao’s growth to drive PH progress: WB exec

DAVAO CITY -- The growth and development of Mindanao could drive the country’s full progress if the government and other stakeholders succeed in unlocking the region’s potentials. This prospect was expressed by...

Contactless payment set to make long queues at shopping malls passe

MANILA -- Long queues at shopping malls, especially when one has to buy just a single item, might finally be soon a thing of the past. Contactless payment, which takes only about...

Grab vows no outright siphoning of Uber riders’ personal data

MANILA -- No personal information of passengers of ride-sharing firm Uber will be migrated to the platform of Grab once the former's Philippine operations cease on April 8. This, as Grab vows to...

Peso steady as PSEi rebounds

MANILA – The Philippine peso continued to hold its ground against the Greenback while the Philippine Stock Exchange index (PSEi) recovered and went back to 8,000-level as US officials downplay the possible...
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