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DICT confident committee to choose service level

By Emmie V. Abadilla The Department of Information and Communications Technology (DICT)'s Oversight Committee on the new major player (NMP) will decide this Friday, July…

Brewing truly Filipino coffee

Brewing truly Filipino coffee

By Bernie Cahiles Magkilat If Seoul has a coffee shop lifestyle, Metro Manila could not be far behind. This coffee shop mentality is slowly eating…

STI posts lower earnings

STI posts lower earnings

By James A. Loyola STI Holdings, owner of one of the biggest networks of private schools in the country, breached the three-billion-peso mark in revenues…

Nestor A. Espenilla Jr. (Bloomberg)

Espenilla assures ‘timely’ RRR cut

By Lee C. Chipongian Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. on Tuesday said they are on course in their phased reduction…

PEZA Director General Charito Plaza

PEZA seeks stronger mandate to grant tax perks, subsidies

By Bernie Cahiles-Magkilat The Philippine Economic Zone Authority (PEZA), which grants incentives to export-oriented enterprises, is seeking amendments to its 23-year-old charter to empower them…

(FILES) This file photo taken on July 5, 2015 shows the seal of the International Monetary Fund at the headquarters building in Washington, DC. The International Monetary Fund said January 19, 2016 that the sharp collapse in oil prices is proving more of a drag than a stimulus on the global economy. / AFP / MANDEL NGAN

IMF lowers ASEAN-5 2019 growth outlook

By Lee C. Chipongian The International Monetary Fund (IMF) has kept its 5.3 percent growth projection for the ASEAN-5 (Philippines, Indonesia, Malaysia, Thailand and Vietnam)…