New record in virus cases pulls down PSEi for 3rd day
The local stock barometer slipped for the third straight session on Thursday as the number of new coronavirus disease cases continued to rise while foreign funds continued to flow out.The…
3rd telco gets 6-month reprieve on commitments
Telco startup DITO Telecommunity is catching up to meet its commitments to the government after plans were derailed by the new coronavirus pandemic. Citing the health crisis, DITO sought and…
PH’s 3rd telco player DITO to miss July 8 technical launch
MANILA, Philippines — DITO Telecommunity, the country’s third major telco, is likely to miss the deadline for its “technical launch” set on July 8 this year. DITO chief administrative officer…
Thai Cabinet approves development of 3rd major airport on eastern coast
The Nation/Asia News Network BANGKOK — The Thai Cabinet will soon sign a contract with BBS Joint Venture, which won the bid for the construction of U-Tapao Airport and the…
PH manufacturing shrinks for 3rd straight month in May
Manufacturing shrank for a third straight month in May as an easing of COVID-19 lockdown slowed down a further decline in purchasing managers’ index (PMI), a gauge of manufacturing trends.…
Double whammy sends PSEi looking for cover for 3rd day
The local stock barometer slipped for a third session in a row on Wednesday as the downturn in global oil market and the lockdown uncertainties in the Philippines dampened investor…
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…