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Safeguards a drag on auto sales recovery

Vehicle sales are estimated to grow 10 percent this year, a slashed forecast from the original 20 percent growth, due to the impact of...

Slower GDP rebound due to dismal COVID response

Economist Bernard Villegas of the University of Asia and the Pacific said the economy may grow up to 4 percent this year, lower than...

Nissan quits assembly

Nissan Philippines Inc. (NPI) will turn to pure vehicle importer following its decision to cease assembly from completely knocked-down (CKD) the last and only...

Customers with unpaid bills may negotiate with Meralco

The Manila Electric Co. (Meralco) will no longer extend its no-disconnection policy on customers with pending bills caused by the pandemic but expressed openness...

No underspending in 2020: Malacañang

Malacanang expects the infrastructure spending in December to have picked up from previous months in 2020 , presidential spokesman Harry Roque said yesterday. Roque, in...

Local bourse bucks US, regional trend

Share prices ended lower Wednesday as investors continued to take profit on lack of strong news to buoy the market. The Philippine Stock Exchange index...

PH internet speed still below par

The Philippines’ average internet speeds for mobile and fixed broadband have improved in December 2020 but are still way below the global average speeds, according to Ookla, global leader in internet testing...

Globe upgrades 80% of MM to 5G

Globe Telecom Inc. has upgraded 80 percent of its network in Metro Manila into fifth generation (5G) technology that would deliver faster internet speed and more stable...

Filinvest Land sets REIT sale

Filinvest Land Inc. said it is converting unit Cyberzone Properties Inc. (CPI) into a real estate investment trust (REIT) company as part of its...

FGEN to start construction of LNG terminal by March

First Gen Corp. subsidiary FGEN LNG Corp. has issued to its engineering, procurement and construction contractor McConnell Dowell a notice to proceed with the...

Biden presidency to boost US trade with PH

The Philippines is seen to benefit from an expected boost in international trade, following new US President Joe Biden’s recent pronouncements. Carlos Dominguez, Department of Finance...

PCCI sets up innovation hub

The Philippine Chamber of Commerce and Industry (PCCI) is leading an initiative for a Silicon Valley-type technology hub to give the Filipino youth more...