Liberalized retail trade still gov’t priority
The Department of Trade and Industry (DTI) wants to make it easier for foreign businesses to set up shop here, easing their burden at a time when the health crisis…
MECQ finally calms market, but grim growth data lurks
The benchmark Philippine Stock Exchange Index (PSEi) gained on Wednesday as investors digested a slew of earnings reports and ahead of the government’s disclosure of the second quarter economic data.…
2 San Miguel projects get toll road status
Conglomerate San Miguel Corp. (SMC) won the Philippine government’s recognition for two proposed expressway projects—including an elevated road from Manila to Rizal province over the Pasig River—that will stretch hundreds…
Agriculture posted growth in 2nd quarter
Despite disruptions in the country’s food supply chain caused by lockdown measures aimed at preventing the spread of COVID-19, the agriculture sector was still able to register a 0.5-percent growth…
Cell tower applications pending beyond 7 days deemed approved
The Anti-Red Tape Authority (Arta) said the pending applications of Globe Telecom and Smart Communications—as well as those of cell tower companies—are automatically approved if they have been left pending…