Business

FICTAP problems facing the renewal of the ABS-CBN franchise

[ad_1] MANILA, Philippines – The Federation of Philippine International Cable Television Associates (FICTAP) praised the order of the National Telecommunications Commission (NTC) for the ABS-CBN Corporation stop broadcasting operations on Tuesday May 5. FICTAP President Estrellita Juliano Tamano went to national television to explain why the association is against the …

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Marco Polo Davao to end operations on June 15

[ad_1] SOON TO CLOSE. Marco Polo Davao will cease operations on June 15, 2020. Photo from Marco Polo Davao’s Facebook page DAVAO CITY, Philippines (UPDATED) – It’s official: The only 5-star hotel in Davao City founded by the family of the Secretary of Finance, Carlos Domínguez III, has been affected …

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Spooked ‘hot money’ investors fled PH in Q1

[ad_1] Short-term investments in Philippine financial markets fled the country at the end of the first quarter as the coronavirus pandemic dampened sentiment among money managers around the world, the latest data from the central bank showed. According to the Bangko Sentral ng Pilipinas, registered tally of so-called “hot money” …

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