Business

Ayala Land-Central Azucarera de Tarlac asset deal gets nod

MANILA -- The Philippine Competition Commission (PCC) has approved the transaction between Ayala Land, Inc. and Central Azucarera de Tarlac. PCC Chairman Arsenio Balisacan said that the planned acquisition by Ayala Land of...

Diokno assures 3-year budget for TRAIN-related subsidy

MANILA -- Budget and Management Secretary Benjamin Diokno on Wednesday said the government has the budget to finance the extended tax reform cash transfer (TRCT) project, which would be in place until...

Teleperformance vows to open more sites

MANILA -- Teleperformance, the largest business process outsourcing (BPO) company in the Philippines, vows to create more jobs and sites in the country following unveiling Wednesday of a bigger recruitment hub  along...

Sustained PH econ growth results in buoyant labor market

MANILA – Employment rates surged in January 2018 as the Philippine labor market continued to thrive on the back of sustained economic growth, the National Economic and Development Authority said. In the January...

DICT taps PCC to draft guidelines for 3rd telco player

MANILA -- The Department of Information and Communication Technology (DICT) has tapped the Philippine Competition Commission (PCC) for the drafting of guidelines in selecting the third player in the local telecommunications industry. In...

Employment rate hits record high at 94.7%

MANILA -- The number of employed Filipinos increased in January as most sectors created more jobs on the back of sustained economic growth, the government reported Wednesday. The Labor Force Survey (LFS) of...
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