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Senator Poe challenges third telco player to serve areas outside NCR

Senator Grace Poe challenged Dito Telecommunity Corp. to show their goodwill and commitment by providing service to unserved and underserved areas. "By strategically fulfilling its...

World Bank sees 8.1% GDP decline this year; but econmic rebound seen in 2021, 2022

The multiple shocks that hit the Philippines, including the coronavirus health crisis, will likely shrink the economy by 8.1 percent this year, but sustained...

NEDA Region 10 reports P9.3 billion of completed projects, programs

About P9.3 billion of programs, projects and activities (PPAs) have been completed in Convergence Areas for Peace and Development (CAPDev) in Northern Mindanao, bringing...

AFP ‘60% at par’ with Asean neighbors due to modernization drive

Armed Forces of the Philippines (AFP) chief-of-staff Gen. Gilbert Gapay on Monday said the country's military is now "60-percent at par" with neighboring countries...

PH stocks register modest 0.97% gain as investors take positions for 2021; Peso goes sideways vs US dollar

The Philippine Stock Exchange index (PSEi) rose Monday partly on positioning ahead for the new year while the peso ended sideways against the US...

China November exports rebound on strong US consumer demand

China’s politically sensitive trade surplus soared to a record $75.4 billion in November as exports surged by 21.1 percent over a year earlier, propelled by American consumer demand. Exports...

DTI launches app to help women entrepreneurs expand into new markets

Filipino women entrepreneurs can build strong networks and strike business global deals through the SheTrades Philippines hub, the first in Asia. The Department of Trade...

Govt subsidies to state-owned firms reach P6.31 billion in October

The amount of subsidies extended by the government to state-owned entities went down in October, data from the Bureau of the Treasury (BTr) showed. BTr...

About half of PH executives see investment in digitalization as vital amid Covid pandemic

An study conducted by IBM showed that top executives of Philippine-based firms will continue investing in digital technology in the next two years, accelerating...