3rd telco DITO scales down Luzon rollout due to COVID-19 lockdown
Telco startup DITO Telecommunity Corp. was forced to slow the rollout of network infrastructure in Metro Manila and Luzon after a lockdown was ordered to halt the spread of the…
More investment scams exposed | Inquirer Business
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has exposed four new illegal investment schemes, including those perpetrated by previously-flagged racketeers now masked by different names.…
Ayala Land cuts capital outlays by P30B, waives P2.6B mall rent
L-R top to bottom: ALI vice-chair Jaime Augusto Zobel de Ayala, chair Fernando Zobel de Ayala, president Bernard Vincent Dy, chief financial officer Augusto Bengzon at the ALI 2020 stockholders…
Fruitas enters milk, yogurt retailing
Bukidnon Milk Co.’s products (from its Facebook page) Leading food and beverage kiosk operator, Fruitas Holdings Inc., has teamed up withMindanao’s biggest and only pasture-fed dairy farm operator, Bukidnon Milk…
PBB nets P1.26B | Inquirer Business
Zest-O group-led Philippine Business Bank grew its 2019 net profit by 46.4 percent to P1.26 billion on higher interest earnings from lending activities alongside some treasury windfall. In a disclosure…
Q&A: Oil prices hit new lows as economic pain deepens
Oil tank train cars sit idle Tuesday, April 21, 2020, in East Chicago, Indiana. (AP) NEW YORK — A barrel of oil now costs less than a cheap bottle of…
Back to work? Companies finding it easier said than done
Workers assemble Apple products at an Apple manufacturing plant in Austin, Texas in this November 2019 file photo. (AP) NEW YORK — As state and federal leaders tussle over when…
Acting Neda chief gets list of priorities from Duterte: National ID on top
Acting Socioeconomic Planning Secretary Karl Kendrick Chua would have a full plate after President Rodrigo Duterte listed at least three priorities of the National Economic and Development Authority (Neda) after…
PH’s biggest management group submits plan to resume public transport during COVID-19 lockdown
A business group proposed that only buses and trains be allowed to operate in Metro Manila in the meantime, opening modes of public transportation that it thinks are enough to…
Manulife sweetens premium offering | Inquirer Business
Life insurer Manulife and its bancassurance arm slashed first year premium rate on select local protection products by 20 percent, to make coverage more accessible to Filipinos during the current…