CebuPac sees brighter days ahead despite pandemic gloom
Budget airline Cebu Pacific expects to weather the impact of the COVID-19 pandemic despite suffering a major financial loss in the first six months of 2020. In a stock exchange…
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…
Duterte’s telco takeover threat compounds red tape woes: 200 days to get permits
From breaking the duopoly to recent threats of a takeover, President Rodrigo Duterte’s relationship with industry giants PLDT Inc. and Globe Telecom has been a tense affair since the start…
CEO earns $1.6 million in 8 days, gives it to employees
A CEO from Ohio, United States played the stock market and earned $1.6 million (P80.9 million) in eight days — then split it among his employees. Larry Connor, founder and…
GSIS says pensions out 3 days earlier on May 5
Government Service Insurance System (GSIS) pensioners will receive their cash three days earlier than usual in May, according to GSIS president and general manager Rolando L. Macasaet on Wednesday (April…
Villar completes ULTRA stadium conversion into COVID-19 facility in 3 days
ULTRA stadium converted by the Villar group into a temporary COVID-19 facility in just 3 days The group of tycoon Manuel Villar has completed the conversion of the Philippine Institute…
Manny Villar, EEI, DPWH to convert PICC halls into COVID-19 facility in 10 days
Manny Villar. FILE PHOTO Tycoon Manuel Villar has teamed up with the Department of Public Works and Highways (DPWH) and construction firm EEI Corp. to convert in 10 days’ time…
Wall Street rises for first time in three days as oil spurts
NEW YORK — Wall Street rallied Thursday for its first gain in three days after a sudden surge in oil prices revived beaten-down energy stocks. But, as has so often…