ASEAN eyeing QR digital payment system by September

The Quick Response (QR) Code digital payment service is targeted to be operational in member-countries of the Association of Southeast Asian Nations (ASEAN) by September this...

Meralco says electricity rates in May to increase

POWER distributor Manila Electric Company (Meralco) on Thursday announced an increase in the May electric bill. In a media briefing, the company said that an...

PSA: PH economy grew by 6.4 percent in 2023 Q1

THE Philippine Statistics Authority on Thursday said that the Philippine economy slightly grew during the first quarter of the year. However, it was at a...

Employers’ group questions legislated wage hike

The Employers Confederation of the Philippines (ECOP) is questioning the proposed P150 legislated daily pay increase as this will widen the wage gap between workers in the formal and informal...

Fitch Ratings sees weak performance among American banks

American banks in will have weak financial performance this year as the US banking system is in turmoil amid sudden collapses of several banks, according to...

BIR achieves January-April revenue target

The Bureau of Internal Revenue (BIR) achieved its collection goal for January to April this year. In a statement on Wednesday, BIR Commissioner Romeo Lumagui...

Globe closes sale of 160 towers

LEADING digital provider Globe Telecom said on Tuesday that they had received P1.9 billion for the third closing of 160 towers acquired by MIESCOR...

Seaoil and Petro Gazz announces rollback effective Tuesday

INDEPENDENT oil players Seaoil and Petro Gazz announced adjustments to their oil products effective Tuesday. In separate advisories, the oil firms will implement big-time rollbacks...

Marcos: PH to go beyond mineral production by putting up battery manufacturing facilities

President Ferdinand R. Marcos Jr. wants the country to go beyond mineral extraction to actually producing batteries to prop up the local value chain. The...
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