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The Duterte administration’s order for ABS-CBN Corp., the country’s largest television network, to stop broadcast operations over an expired franchise might be a first. National Telecommunications Commission (NTC) deputy commissioner…
The Lexus range of SUVs. Image: Courtesy of Lexus via AFP Relaxnews With the end of lockdown on the horizon in many countries, automobile dealerships will soon be reopening their…
President Rodrigo Duterte’s chief economic manager on Tuesday (May 5) reiterated that only registered and tax-complaint Philippine offshore gaming operators (Pogos) can resume operations during quarantine as the government seeks…
State-run corporations have remitted P129.45 billion to the Bureau of the Treasury as of last week to help finance the government’s huge funding needs in addressing the socioeconomic impact of…
The Philippines’ ambitious “Build, Build, Build” infrastructure program is again undergoing a review to give priority to projects that would have the biggest impact on reviving an economy reeling from…
The central bank on Tuesday (May 5) rolled out new measures to encourage a steady flow of credit to small firms—many of which have been hit severely by the ongoing…
The central bank on Tuesday (May 5) said it has space to roll out additional measures to support the Philippine economy thanks to a benign price environment highlighted by the…
A five-month record low inflation in April allowed the Bureau of the Treasury to award P15 billion in 35-day T-bills at a lower rate on Tuesday (May 5). It helped…
President Rodrigo Roa Duterte ROBINSON NIÑAL JR./PRESIDENTIAL PHOTO The local stock barometer outperformed regional markets on Tuesday as Pres. Rodrigo Duterte’s peace offering to the Ayala and Metro Pacific groups…
Inflation eased to a five-month low of 2.2 percent in April as transport costs plunged during a lockdown that restricted mobility and global oil prices took a dive because of…
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