Thursday, August 6, 2020

ARTA to hunt gov’t officials notorious for red tape vs telcos

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The Anti-Red Tape Authority (ARTA) has formed a special task force that will monitor and strictly enforce the compliance of agencies, particularly the local government units (LGUs), to speed up the permitting process for...

Globe’s Chief Cu meets President Duterte to discuss permitting problems stifling network builds in...

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Globe President and CEO Ernest Cu went to Malacanan last night to discuss with President Duterte himself the permitting woes telcos go through in building cell towers all over the country. The President himself revealed...

Duterte gives telcos 5-month deadline; can DITO Telecommunity catch up?

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In his fifth State of the Nation Address (SONA), President Rodrigo Duterte gave telecommunications companies (telcos) until December or a 5-month deadline to improve services or face expropriation. Since deadlines really matter to the...

DITO Telecommunity’s shares surge a day after Duterte’s threat vs rival telcos

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A day after President Rodrigo Duterte's threat to shut down its two rivals, shares in a new Philippine telecommunications firm (telco) owned jointly by state-run China Telecom (0728.HK), and Davao-based businessman and presidential friend...

Duterte’s threat vs telcos may have given a boost to DITO Telecommunity

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With his remarks against PLDT and Globe Telecom, President Rodrigo Duterte may have given a boost to third telco player DITO Telecommunity, a consortium of Davao-based businessman Dennis Uy's two companies and China Telecommunications...

Dennis Uy to open flagship casino resort in Mactan by end of next year

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Davao-based businessman Dennis Uy’s gaming and tourism firm plans to open its flagship casino resort in Mactan, Cebu by the end of next year. PH Resorts Group Holdings, the gaming and tourism holding company of...

ABS-CBN’s KidZania Manila to fold up by end of August

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After months of shutdown due to the COVID-19 pandemic, KidZania Manila, an amusement facility owned by ABS-CBN Corporation, is set to close down by the end of August. In a statement on Wednesday, the establishment...

ABS-CBN to lay off workers on August 31

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Five days after the decision of the House Committee on Legislative Franchises that denied the media giant a new 25-year-franchise, ABS-CBN announced that it would cease the operations of some of its businesses and...

ABS-CBN frequencies acquisition ‘unfounded and completely false,’ Dennis Uy’s Udenna says

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Following the decision by the House Committee on Legislative Franchises to kill ABS-CBN's application for another 25-year franchise, rumors of Udenna Corporation's interest in acquiring the network's frequencies surfaced. The Dennis Uy-owned corporation, however,...

Meralco vows to refund overpayments

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Manila Electric Company (Meralco) assured its 6.9 million subscribers that it will give back overpayments it collected from customers from March to May this year. “If you have paid your estimated March 2020 and/or April...

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Revival of death penalty might affect attempts to save Filipinos on death row abroad

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If the Philippines would revive the death penalty, the country might lose its "moral ascendancy" in negotiations involving Filipinos facing capital punishment overseas. In his...

Medical representatives now included in gov’t COVID containment panel after 5 months of lockdown

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Nearly five months into quarantine, medical representatives from various organizations will now be a part of a technical panel focusing on containing the coronavirus...

P15-billion loss in PhilHealth funds tagged as ‘crime of the year’

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The series of anomalies within the Philippine Health Insurance Corporation (PhilHealth) is tagged as the "crime of the year," according to the state insurer's...