Dennis Uy seeks sovereign guarantee for P700-million loan; Advocacy group warns PGC

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Chelsea Logistics Infrastructure Holdings Corp., led by Dennis Uy, a Davao-based businessman, seeks a guarantee from the Duterte administration to cover a P700-million loan...

Duterte’s attacks on big business hurt Philippine economic growth

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Local and foreign businesses are getting more worried over the political climate under the administration of President Rodrigo Duterte, partly causing the full-year Philippine...

Dennis Uy’s P700M loan request sparks warning vs PhilGuarantee

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Davao-based businessman Dennis Uy recently made headlines once again as reports say that he eyes for a huge amount of loan worth P700 million...

Makabayan bloc urges House to probe Prime Water’s anomalous deals

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Prime Water Infrastructure Corporation, a company owned by billionaire businessman and former senator Manny Villar, will soon be under fire like in the cases...

Closed bank assets sold reaches P277 million – PDIC

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The Philippine Deposit Insurance Corporation (PDIC) sold P277 million worth of properties previously owned by 559 closed banks last year, higher than the total...

Shopee removes overpriced face masks from its platform

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Face masks' high demand due to recent events regarding the novel coronavirus (2019-nCoV) threat has become too much for physical retail stores to cope...

Cebu Pacific, PAL cancel and reduce flights between PH and China

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Cebu Pacific has decided to cancel all its flights between mainland China and the Philippines on February 2 until March 29. The airline company...

With Chevron Philippines under fire, what does Dennis Uy think?

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Chevron Philippines' 50-year lease agreement soon comes to an end as the government decided to dissolve the state-owned firm which signed the onerous deal. One...

Chevron Philippines under fire due to 44-year deal: But why just now?

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  Chevron Philippines, formerly known as Caltex Philippines, is under fire after Department of Finance (DOF) Secretary Carlos Dominguez III disclosed that they have discovered...

DOTr to stop motorcycle taxi study next week

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On Monday, Transportation Franchising and Regulatory Board (LTFRB) member Antonio Gardiola Jr. announced that the study for motorcycle taxis will cease next week after...

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Metro Manila mayors OK with GCQ on June 1

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The majority of Metro Manila mayors agreed to transition the National Capital Region (NCR) from the modified enhanced community quarantine (MECQ) to the general...

Face masks made out of abaca paper from Mindanao have better filtration rate than...

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An artisanal company that exports handmade paper products has started producing face masks made out of abaca paper available to the local market. Salay Handmade...

LGUs urged to establish bike lanes due to limited public transportation amid COVID-19

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The Palace has urged local government units (LGUs) to establish bike lanes in their respective cities as more people are inclined to use bikes...