MANILA — The Land Transportation Franchising and Regulatory Board (LTFRB) has ordered ride-sharing firm Grab Philippines to pay PHP10 million as penalties for imposing the PHP2-per-minute travel...
MANILA — Foreign direct investments (FDIs) into the country reached USD1 billion in April 2018 as positive balances were recorded for all FDI components during the month,...
BEIJING — In his trade war with China, President Donald Trump wields one seeming advantage: The United States could ultimately slap tariffs on more than $500...
TOKYO — Japanese internet company SoftBank Corp. is investing about $2 billion to raise its stake in Yahoo Japan through an acquisition from U.S. investment company...
Uber is getting into the scooter-rental business. The ride-hailing company said Monday that it is investing in Lime, a startup based in San Mateo, California. “Our...
MANILA — Filipinos should not worry about the peso’s depreciation against the US currency as the competitive exchange rate is actually beneficial to the Philippines, Socioeconomic Planning...
MANILA — The Philippine peso opened the week stronger against the greenback, while local shares ended little changed on Monday. The local currency finished the day at...
MANILA — The Department of Information and Communications Technology (DICT) is eyeing to impose punitive fees against telcos that are not efficiently using the frequency spectrums awarded...
TOKYO — Asian shares were mostly higher Monday after a weekend of relative quiet over the escalating trade standoff between the U.S. and China. Investors appear...
MANILA — The Intellectual Property Office of the Philippines (IPOPHL) finds it challenging to comply with the Republic Act 11032 or the Ease of Doing Business (EODB)...