SMART COMMUNICATIONS, Inc., the wireless unit of PLDT Inc., said the controversial Pag-asa Island in the West Philippine Sea is now covered by its 4G/LTE network service, enabling the island’s residents to communicate via chat apps and video calls. Pag-asa Island in the municipality of Kalayaan, Palawan Province, is the Philippines’ “most remote cell site,” […]
1 of 10 FOOD diplomacy takes center stage this month for the Department of Foreign Affairs (DFA) and The ASEAN Ladies Foundation, Inc. (ALF). Because strict quarantine measures have restricted many activities, the annual festival marking ASEAN Month had to be called off. To fill in the gap left by the festival’s cancellation, the ALF […]
LISTED agricultural firm AgriNurture, Inc. (ANI) has decided to extend the due diligence period for its acquisition of information technology company Pay8, Inc. In a disclosure to the stock exchange on Wednesday, the company said that it had not completed its due diligence because of “supervening events” such as the anticipated listing of Pay8’s major […]
1 of 2 FOOD companies are always looking for ways to fill the needs of their customers, looking for new niches that they can satisfy. One company decided to tackle a perceived need for a healthy cracker for mindful snacking, while a milk giant now offers an “organic” product for parents looking for healthier options. […]
PHILSTAR THE Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) has accepted the recommendation of the economic team to open up public transportation further to help the economy recover, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said. “We proposed to the IATF recently is to shift from a policy of total risk-aversion to risk […]
PHILSTAR THE two major revenue-collecting agencies surpassed their reduced targets for the eight months to August with business activity picking up, though they both remain behind the year-earlier pace because of the damage to the economy caused by the pandemic. According to preliminary data, the Bureau of Internal Revenue (BIR) and the Bureau of Customs […]
PHILSTAR THE exploration unit of state-run Philippine National Oil Co. (PNOC) is seeking to expand its coal development works in Mindanao via the government’s contracting program. In July, PNOC-Exploration Corp. (PNOC-EC) announced its intention to accelerate investment in coal production to become the leading exploration firm in the Philippines over the next decade. The company […]
REUTERS THE government has launched a guide for foreign investors interested in Liquefied Natural Gas (LNG) projects which was developed with US assistance. In a recent webinar, the Department of Energy (DoE) presented its guide, supported by the US State Department’s Asia-Enhancing Development and Growth Through Energy program. The DoE hopes to attract more public-private […]
LEGISLATORS said they are considering increasing the funding for the Trade department’s loan fund to aid in the recovery of small businesses affected by the lockdown from its current proposed level of P1.5 billion. “Definitely we will clamor for a bigger budget for SB Corp. so we can jumpstart these MSMEs,” Bukidnon-3rd District Representative Manuel […]
Customers receive money sent from abroad at a money remittance center in Makati City, Sept. 19. — REUTERS THE PHILIPPINES and Bangladesh are the most exposed to a decline in remittances during the pandemic, in terms of number of households dependent on the inflows, a dependency which has increased due to the weak labor market, […]