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News and Events

You'll Be Able to Download a Digital Version of Your National ID On Your Mobile Phone, Says PSA

The agency says that it will eventually replace the need for a physical card

Lisa Grace Bersales, national statistician and civil registrar general of the Philippine Statistics Authority, speaks at the FINTQ On Q, a roundtable discussion organized by FINTQnologies Corp., the fintech arm of telecommunications firm PLDTLast August saw the signing into law of Republic Act ...

by Lorenzo Kyle Subido  | November 15, 2018 11:00:00
News and Events

Mix of Confusion, Relief Mark Parañaque Terminal's First Days of Commercial Operations

The facility didn't quite live up to commuters' high expectations but many hope for better days ahead

When President Rodrigo Duterte inaugurated the Paranaque Integrated Terminal Exchange (PITx) last week, he called the “landport” a state-of-the-art facility that would offer a “convenient” experience to commuters.But when the country’s first intermodal land transport terminal opened its doors on Monday, November ...

by Elyssa Christine Lopez  | November 13, 2018 06:00:00
News and Events

Parañaque Terminal Exchange Starts Commercial Operations Nov. 10

Provincial buses passing through Cavitex to start and end their trips at country's first landport

The Department of Transportation (DOTr) has announced that the Parañaque Integrated Terminal Exchange (PITX), the country’s first integrated and multi-modal terminal, will officially begin operations on 4 a.m., Saturday, 10 November 2018.Provincial buses that pass through the Cavite Expressway (CAVITEX) and Coastal ...

by Elyssa Christine Lopez  | November 09, 2018 07:00:00
News and Events

Share Prices of NOW Corp and Chelsea Logistics Mirror Vagaries of 3rd Telco Race

Not just the bidders but thousands of market investors also won and lost in the selection process

Dennis Uy, a Davao-based business tycoon and one of President Rodrigo Duterte’s biggest campaign contributors in the 2016 elections, is one step closer to becoming the operator of the country’s third major telecommunications company.Mislatel Consortium, which is composed of Uy’s Udenna Corp. ...

by Pauline Macaraeg  | November 07, 2018 06:00:00
News and Events

UPDATED: Group of Dennis Uy and China Telecom Named PH's 3rd Telco

The company's second package of bid documents is now under evaluation

Updated: Mislatel, the newly formed consortium of Davao-based businessman Dennis Uy’s Udenna Corp., its subsidiary Chelsea Logistics Holdings Corp., and China Telecom, has been provisionally named as the new major telecommunications player on Wednesday, November 7.The consortium garnered 456.8 points for its ...

by Elyssa Christine Lopez  | November 07, 2018 04:00:00
News and Events

3rd Telco Race Down to Groups Led by Davao's Dennis Uy, Ilocos' Chavit Singson and PT&T

Most of the 10 companies who bought bid documents for Php1 million stayed away because of tough rules

UPDATE: Mislatel, the newly formed consortium of Davao-based businessman Dennis Uy’s Udenna Corp., its subsidiary Chelsea Logistics Holdings Corp., and China Telecom, has been provisionally named as the new major telecommunications player on Wednesday, November 7. Read the full story here.Only three groups of ...

by Elyssa Christine Lopez  | November 07, 2018 12:00:00
News and Events

Meet the Contenders for the 3rd Telco Player in PH

If everything works out fine, one of them will be named provisional winner by November 7

On November 7, the Department of Information and Communications Technology (DICT) will provisionally name the third major telecommunications player that is set to compete against the industry’s two giants, Globe Telecom and PLDT.It is a moment that was 11 months in the ...

by Elyssa Christine Lopez  | November 06, 2018 09:00:00
News and Events

Duterte Inaugurates Parañaque Terminal Exchange as DOTr Seeks Waiver Php100-M Annual Subsidy from Gov't

PITx was one of PPP projects awarded under Aquino administration and completed under new president

The country’s first integrated and multi-modal terminal, the Parañaque Integrated Terminal Exchange (PITx), opened its doors on November 5 with President Rodrigo Duterte leading the inauguration rites.The terminal’s opening comes as commuters flocked back to Metro Manila after the long weekend that ...

by Elyssa Christine Lopez  | November 05, 2018 06:00:00
News and Events

Duterte to Inaugurate Php5.6-B Parañaque Terminal Exchange, PH's First 'Landport'

PITx was one of PPP projects awarded under Aquino administration and completed under new president

The country’s first integrated and multi-modal terminal, the Parañaque Integrated Terminal Exchange (PITx), is opening its doors today, November 5, with President Rodrigo Duterte set to lead the inauguration rites.The terminal’s inauguration comes as commuters flocked back to Metro Manila after the long ...

by Elyssa Christine Lopez  | November 05, 2018 12:00:00
News and Events

Gov't OKs 38%-46% Hike in Aviation Fuel Surcharge for Flights Booked in Nov-Dec

Move seen to help airlines cope with increases in jet fuel prices in the past two months

The Civil Aeronautics Board (CAB), the government body that regulates air transportation in the Philippines, agreed to let airlines impose higher aviation fuel surcharges on flights booked in November and December 2018.The increases, which aim to help airlines cope with rising jet ...

by Pauline Macaraeg  | November 02, 2018 09:00:00
News and Events

Bitcoin is 10 Years Old Today. Is it Time to Buy the Virtual Currency?

Here's how the first cryptocurrency has fared in the past decade

On October 31, 2008, an unknown author who went by the name of Satoshi Nakamoto published a short essay online with the title Bitcoin: A Peer-To-Peer Electronic Cash System.The nine-page, 12-part document opens with a summary of what was being proposed: “A ...

by Lorenzo Kyle Subido  | October 31, 2018 06:00:00
Run & Grow

How Motorbike-Hailing Startup Angkas Thrived Amid a Regulatory Crackdown

Being agile and flexible, pretty much like the two-wheeled vehicle itself, has many advantages.

Clad in a leather jacket, skinny jeans and a multi-colored Nike Flyknits, Angeline Tham stood out in an audience dressed mostly in formal wear at the plenary hall of the Philippine International Convention Center (PICC) in early October. She spoke at the ...

by Elyssa Christine Lopez  | October 29, 2018 08:00:00
News and Events

New Vehicle Owners in Entire PH Can Avoid Long Queues and Pay Registration Fees Online by Early 2019

The agency is also looking into online payments for license applications and vehicle renewals by 2019

The Land Transportation Office (LTO) has announced that its Electronic Payment Assessment Tool (e-PAT) will be rolled out nationwide before the year ends, allowing owners of new vehicles and/or motorcycles to pay for the first three years of registration fees online.LTO launched ...

by Lorenzo Kyle Subido  | October 26, 2018 09:00:00
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