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Globe Telecoms deactivated more than 5,000 subscriber identity module (SIM) cards since text scams started to annoy millions of cell phone subscribers six years ago. At a press briefing attended by regional press at the swanky Fairmont Hotel in Makati yesterday, Froilan Castelo, head of…
Wednesday, 17 April 2013 00:00
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A renewable energy expert yesterday reminded that time is running fast for the Philippines to shift to energy-efficient technology, especially in household air-conditioning units which consume up to 65 percent of every households’ power needs.Ricky Cordova, senior member of the Business Advisory Council of United…
Wednesday, 17 April 2013 00:00
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Profit taking and bad news from overseas further pulled down local share prices on a second day yesterday after climbing to a record high.The bellwether Philippine Stock Exchange index (PSEi) lost 51.44 points to close at 6,786.33 yesterday from previous day’s 6,891.43 finish. The two-day…
Wednesday, 17 April 2013 00:00
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The Philippine Deposit Insurance Corp. (PDIC) was directed by the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) to proceed with the liquidation of the closed Export and Industry Bank (EIB). The order was issued pursuant to Section 30 of Republic Act 7653…
Wednesday, 17 April 2013 00:00
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The Philippines’ largest national flag carrier, Cebu Pacific, launched the first direct flights to the island of Camiguin last April 15. The thrice weekly service from Cebu utilizes an ATR 72-500. The Monday, Wednesday, Friday service departs Cebu at 6:45 a.m. and arrives in Camiguin…
Wednesday, 17 April 2013 00:00
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