Ayala expanding four businesses abroad

Inquirer.net 04/22/2018

THE country’s oldest business house, Ayala Corp., is sowing the seeds to become a global player, counting on four of its businesses—manufacturing, water infrastructure, energy and property — to expand its overseas footprint to account for 10…

House body passes bill seeking protection for PH tourist spots

Inquirer.net 04/22/2018

The House committee on tourism has approved a bill which seeks to protect tourist destinations in the country from environmental issues. On Saturday, Rep. Lucy Torres-Gomez, committee chair, said she filed House Bill 7229 or the proposed…

DILG told to go after Boracay scammers

Inquirer.net 04/22/2018

THE Department of Interior and Local Government (DILG) should go after barangay officials in Boracay who are reportedly extorting money from local businesses in exchange for IDs to non-residents, Senator Panfilo Lacson urged on Sunday. Lacson discovered…

Depression cases expected to rise with Boracay closure

Inquirer.net 04/21/2018

BORACAY ISLAND, AKLAN—A 42-year-old single mother of three has fallen into severe depression after she learned that she would lose her job and home as the government prepared to lock down Boracay for rehabilitation. The woman, a…

Finance Sec: Poverty in Visayas regions ‘vivid’

Inquirer.net 04/21/2018

Visayas regions were “top of mind” in the Duterte administration’s drive to reduce poverty, Finance Secretary Carlos Dominguez III said. “When we speak of the need for equitable, more inclusive growth, the Visayas region should be top…

Infra spending up 34.6%

Inquirer.net 04/20/2018

January-February THE amount spent by the government on infrastructure jumped by over a third to P93.8 billion as of February, the latest Department of Budget and Management data released on Friday showed. In February alone, spending on…

Comelec agrees to extend filing of COC until Saturday

Inquirer.net 04/20/2018

The Commission on Elections (Comelec) has decided to extend the filing of certificates of candidacy for the barangay and Sangguniang Kabataan elections until Saturday, April 21. Comelec commissioner Rowena Guanzon announced the development in a post on…

PSEI falls due to overheating fears

Inquirer.net 04/19/2018

The local stock market tumbled sharply on Thursday, underperforming regional markets, as investors dumped equities due to escalating concerns on local economic “overheating” risks and US-China trade war. The main-share Philippine Stock Exchange index (PSEi) fell by…

Grab maintains P2/minute charge legal; set to appeal LTFRB order

Inquirer.net 04/19/2018

Grab Philippines warned yesterday that the Land Transportation Franchising and Regulatory Board’s (LTFRB) suspension of its P2 per minute fare component would prompt drivers to leave, which may lead to longer waiting time for riders and a…

Duterte to rogue cops: ‘Bato’ is waiting for you in Bilibid

Inquirer.net 04/19/2018

“BATO” is waiting for you in Bilibid. President Rodrigo Duterte made this stern warning to rogue police officers yesterday during the retirement ceremony for Director General Ronald “Bato” dela Rosa at Camp Crame in Quezon City. Duterte…