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South Korea plays a major role in the “economic emergence” of the Philippines, which is now moving to an even higher growth plane as the Duterte administration fast-tracks its ambitious $170-billion “Build, Build, Build” program, Finance Secretary Carlos Dominguez III said.

Mobile service provider Smart Communications has launched a facility for research, development and testing of 5G or fifth generation wireless technologies that it says will boost their delivery of Internet services to subscribers.

Girls are twice as prone to smartphone addiction than boys, likely because they use more social networking and messaging services, according to research results released recently.

National Economic and Development Authority (Neda) undersecretary Rosemarie Edillon expressed confidence that the improving performance of the country’s labor force and manufacturing sector will spur forward the country’s economy in the second quarter of 2018.

The Philippines stands to benefit from China’s new world order, as the Asia’s economic giant is bullish in opening its market in response to external headwinds due to trade protectionism.

The International Finance Corp. (IFC), a sister organization of the World Bank, was asked by the government to help set up a digital banking system for the Overseas Filipino Bank (OFB) to keep it abreast of the rapid advances in technology and clear the way for its partial privatization in the future, Finance Secretary Carlos Dominguez said.

By Ben Cal MANILA – Defense Secretary Delfin N. Lorenzana has sworn in former Sandiganbayan Justice Manuel R. Pamaran as the president of the Veterans Federation of the Philippines (VFP).

The Philippine Economic Zone Authority (Peza) is encouraging local government units (LGUs), private landowners and business groups to have their lands converted into an economic zone to enhance their development potential.

The Philippines would be able to achieve broadband Internet speed of at least 50 megabits per second (Mbps) for the next three years if the government can come up with policies that expedite the installation of cell sites across the country according to major telco firm Globe Telecom.

After three years, Terminal 2 of the Mactan-Cebu International Airport (MCIA), billed as a “resort airport,” was inaugurated by GMR-Megawide Cebu Airport Corp. (GMCAC) with President Rodrigo Duterte as guest.