Local News

LTFRB orders U-HOP to halt activation of TNVS applications

MANILA -- The Land Transportation Franchising and Regulatory Board (LTFRB) has ordered ride-sharing firm U-HOP to halt the activation of its transport network vehicle services (TNVS) applicants. The Board likewise directed the...

Customs turns over P3-M seized drugs to PDEA

Armed with the marching order of the President Rodrigo Duterte to stop the proliferation of drugs in the Philippines, the Bureau of Customs have turned over P3, 027,570.00 worth of seized...

Biz group seeks integration of road link projects in Negros

BACOLOD CITY -- A business group leader here said road interconnectivity projects in Negros Occidental should be integrated to avoid duplication and fragmentation of projects. Frank Carbon, regional governor of the Philippine Chamber of...

PSEi starts week on high note but peso inches down

MANILA - - The Philippine Stock Exchange index (PSEi) rose Monday but the peso went the other way as investors continue their wait-and-see stance on several issues such as the movement...

Recto seeks P15-B add’l ‘standby fund’ for Marawi

MANILA -- Senate President Pro Tempore Ralph Recto is proposing a PHP15 billion ‘standby fund’ for Marawi reconstruction on top of the PHP10 billion that is already in the 2018 national...

PEZA investment approvals up 94% in first nine months

MANILA -- Investment approvals of Philippine Economic Zone Authority (PEZA) in the first three quarters of the year reached PHP196.46 billion, up 94 percent from PHP101.20 billion in the same period...

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