MANILA, Oct 8 (PNA) –Two prestigious award in the financial services industry have affirmed Bank of The Philippine Islands’ leadership in Philippine mobile banking. The Asian Banker bestowed on BPI the Best…
Economist says risks in currency market expected till next six months
By Joann Santiago MANILA, Oct. 8 (PNA) — Volatilities in the currency market, among others, are expected until the Federal Reserve finally delivered its initial rate hike. Thus, the latest improvement of…
DOTC eyes 30% jump in use of high-capacity mass transport
By Azer N. Parrocha MANILA, Oct. 8 (PNA) — The Department of Transportation and Communications (DOTC) is eyeing the fielding of more high-capacity mass transport units to reduce traffic in Metro Manila….
Private developer to start construction of Php2-B Ciudad project next year
CEBU CITY, Oct. 8 (PNA) — A private developer will start the construction of the Php2-billion Ciudad project at the Cebu provincial government-owned land in Barangay Apas, Cebu City next year. Cebu…
Makati City plans to replace 5,000 tricycles into new e-trikes
By Christopher Lloyd T. Caliwan MANILA, Oct. 8 (PNA) — Electric tricycles (e-trikes) will be seen in Makati soon as The Makati city government plans to replace at least 5,000 old tricycles…
Calabarzon posts 1.9-M tourist arrivals in H1 ’15
MANILA, Oct. 8 (PNA) — A total of 1.9 million tourists visited and stayed in Calabarzon region (Region IV-A) during the first half of 2015, data from the region show. Data also…
Metro Cebu’s air quality remain ‘fair’ to ‘good’ – DENR 7
CEBU CITY, Oct. 8 (PNA) — The air quality indices of Metro Cebu continues to be within a range of either ‘fair’ or ‘good’, a Department of Environment and Natural Resources (DENR)…
Iloilo needs improved internet connectivity
ILOILO CITY, Oct. 8 (PNA) -– Iloilo needs to improve its internet connectivity. This is one challenge that was discussed during Tuesday’s critiquing of the recently concluded 2015 Asia Pacific Economic Cooperation…
Smartmatic assures local source code review is hacker-proof
By Ferdinand G. Patinio MANILA, Oct. 8 (PNA) — Smartmatic – Total Information Management (TIM) Corp. assures that the local source code review will not make it vulnerable to hackers. “What the…
Peso appreciates vs. dollar on higher expectations for Fed rate delay
MANILA, Oct. 7 (PNA) — The Philippine peso surged against the greenback Wednesday on more negative economic data from the US. It ended the day at PhP46.14, or PhP0.33 better than the…
Palace agrees with vice presidential bet Leni Robredo on need for tax reform
MANILA, Oct. 7 (PNA) — A Palace official on Wednesday said the government agrees with Liberal Party vice presidential candidate Leni Robredo on the need to reform the taxation law. “There is…
Gov. Davide says Cebu ready for second round of APEC meetings
CEBU CITY, Oct. 7 (PNA) — Cebu Governor Hilario Davide III Wednesday said the province is all set for the second round of Asia-Pacific Economic Cooperation (APEC) senior ministerial meetings which will…
Senate to pass budget, BBL by December — Drilon
By Jelly F. Musico MANILA, Oct. 7 (PNA) — The Senate on Wednesday adjourned without passing the Bangsamoro Basic Law (BBL) which is still being discussed at the plenary of both the…
MILF Iqbal appeals to lawmakers to pass BBL
By Sammy F. Martin MANILA, Oct. 7 (PNA) — Moro Islamic Liberation Front (MILF) and peace panel chairman Mohagher Iqbal on Wednesday urged Malacanang to certify as urgent the Basic Law on…
Meralco cuts power rates by 13 c/kWh this October
By Juzel L. Danganan MANILA, Oct. 7 (PNA) – Consumers can again expect lower electricity bills as the Manila Electric Company (Meralco) on Wednesday announced a Php0.13 per kilowatt hour (kWh) rate…