Top News

Staggered pension increase proposed by new SSS chief

The new chairman of the state pension fund Social Security System (SSS) has revived, with some changes, the proposal to stagger the implementation of the long sought-after P2,000 pension increase for SSS retirees without depleting the fund.

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Caffeine fix 10th cheapest in Manila, global poll shows

Saying business productivity is often tied with the daily caffeine fix of employees, the Berlin-based online office supply company Service Partner ONE has released the 2016 Coffee Price Index, detailing which cities offer the best value coffee worldwide. The research, which took into account 75 cities from 36 countries across the globe, found that Rio de Janeiro in Brazil offers …

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New DOT slogan to cost P650M

Davao City— The creation of the new 2017 slogan for the Department of Tourism (DOT) will cost about P650 million, Tourism Secretary Wanda Teo disclosed Saturday.

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Space technology new frontier for investments in Philippines

The Duterte administration is looking at space technology as the new investment frontier for the country.

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Asean aims for integrated regional transport system

Transportation ministers and officials of the Association of Southeast Asian Nations (Asean) committed to deepen the integration of the transportation system in the region through the adoption of various transport initiatives at the recent 22nd Asean Transport Meeting (ATM).

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Bloomberry swings to P1.4B profit in Q3

Bloomberry Resorts Corp (Bloomberry), owner and operator of the Solaire Resort and Casino and Jeju Sun Hotel and Casino in Korea, reported that it sustained its return to profitability in the third quarter, generating P1.417 billion in net profit, which was seven percent higher from the previous quarter and a major reversal from the P189 million net loss a year …

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ICT focus seen speeding up economic development

Technology and e-commerce are shaping up as critical pillars of the country’s long-term progress as the government strengthens its thrust to improve the state of connectivity in the country.

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Chevron opens service station in Silang, Cavite

Chevron Philippines Inc. (CPI) has expanded its presence in the high-growth Calabarzon area with the opening of its newest Caltex service station in Silang, Cavite.

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Bangladesh CB gets back P732M, seeks P1.4B more

Central bank retrieved $15.25 million (P732 million at P48/$1) of the $81 million (P3.89 billion) stolen in a cyber attack in the United States last February.

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‘Infrastructure buildup to be pursued at all cost’

By Luis Leoncio The government’s economic man­agers last week said the planned infrastructure buildup of the Duterte administration would be pursued, even at the risk of increased public borrowings.

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