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News and Events

Anti-Trust Body Orders Uber to Continue Operations Beyond April 8 in PH

Tells both Grab and Uber to maintain independence of their businesses in the country

The Philippine Competition Commission has ordered Uber to continue its ride-hailing operations in the Philippines while the anti-trust body completes its review of the merger agreement, according to a statement released by the agency Saturday, April 7.The order comes two days before ...

by Elyssa Christine Lopez  | April 07, 2018 02:00:00
News and Events

Kick start your day, May 26: No more #ChickenSad, hopefully

As Jollibee group, US-based Cargill to build, operate poultry plant in Batangas. Plus, PH Competition Commission to look into possible uncompetitive business practices in Internet services in the country.

No more #ChickenSadRemember the July 2014 incident wherein homegrown fast food chain Jollibee ran out of Chickenjoy, plus other popular offerings due to an IT problem?Perhaps a “horrific” incident like that would be avoided as Jollibee Foods Corporation entered into a joint ...

by Entrepreneur Staff  | May 26, 2016 08:00:00
News and Events

Philippines misses 2015 GDP target

Settling at 5.8%, the full-year gross domestic product growth is ‘respectable’ and slightly higher than some analysts’ forecasts.

MANILA, Philippines – The Philippines’ 2015 economic growth settled at 5.8%, 0.3% lower than the 2014 gross domestic product (GDP) growth, the country’s statistics authority (PSA) reported Thursday, January 28.2015’s full-year GDP growth was buoyed by the 6.3% expansion registered in the ...

by Lynda C. Corpuz  | January 28, 2016 04:00:00
News and Events

NEDA's Balisacan moves to PH Competition Commission

'I see this as both a great responsibility and another privilege to steer the economy toward the right direction,' Arsenio Balisacan says.

REWARD? NEDA Director-General Arsenio M. Balisacan's (left) appointment as chief of the newly created Philippine Competition Competition is regarded as a reward from President Benigno Aquino III (Photo taken during the 16th East West Center Association International Conference on January 15, 2016. ...

by Elyssa Christine Lopez  | January 25, 2016 04:00:00