GMA 7 launches ‘Affordabox’ digital TV device
Television broadcast giant GMA Network Inc. announced on Friday the nationwide launch of its digital TV service after years of reviewing the business. GMA said in a statement the rollout…
Manila among world’s top 40 emerging startup ecosystems
Manila ranked among the world’s top 40 emerging startup ecosystems, a report showed, although the cities in neighboring Southeast Asian nations Indonesia and Malaysia placed closer to the top of…
Planned gov’t-to-gov’t rice importation shelved
The country has dropped its plan to import 300,000 metric tons (MT) of rice through a government-to-government (G2G) deal, after the Philippines’ top source of imported rice lifted its export…
US brings fight vs China telco to PH
The United States can help finance a shift to other vendors among private firms, including telcos in the Philippines, currently partnering with Chinese tech giants Huawei and ZTE as Washington…
GDP to contract by up to 4% in 2020
Amid the COVID-19 pandemic, the Philippine economy is seen contracting by up to 4 percent this year—the fastest pace in 35 years, even as President Duterte’s chief economic manager said…
Bangko Sentral survey shows property prices up in Q1
Residential real estate prices of various types of housing units in the Philippines grew at a faster rate of 12.4 percent during the first quarter 2020 despite the onset of…
Altus Property shares up 83% on listing day
Shares of real estate firm Altus Property Ventures Inc. (APVI), a potential real estate investment trust (REIT) vehicle of Robinsons Land Corp. (RLC), surged by 83 percent on Friday at…
Arthaland’s Laguna project a hit for suburban lifestyle promise
Boutique property developer Arthaland Corp. is fast-tracking the development of an eight-hectare green township in Biñan, Laguna, called Sevina Park, which marks the company’s debut as a mixed-use master-planned estate…
PSEi snaps losing streak, ends week on upbeat note
The local stock barometer ended the week on an upbeat note, drawing strength from regional peers alongside the start of semester-end window-dressing activities. Ending a three-day decline, the main-share Philippine…
DA to proceed with fertilizer procurement plan
The Department of Agriculture (DA) on Thursday said it would continue the procurement of fertilizers under its rice resiliency program despite allegations of over pricing involving the initial contracts. In…