The construction of the billion-dollar Metro Railway Transit System 7 (MRT-7) project is set to commence this year following the inking of an agreement between the project's proponent and the consortium that will build the passenger rail that will run along Commonwealth Avenue. Read more...

Effective today, local companies are rolling back prices of petroleum products by at least 25 centavos per liter, acknowledging global declines in oil prices.

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The recently-released results from the Grant Thornton International Business Report (IBR) for the first quarter of 2012 have pegged Filipino business leaders as the fourth most optimistic in the world.

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The Senate yesterday approved the Data Privacy Act of 2011 , which aims to protect personal data in information and communications systems of the government and the private sector.

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President Benigno Aquino III said on Tuesday that the government is not planning to impose a total ban on mining activities in the country, but it intends on increasing the taxes paid by mining firms. Read more...

The Philippines has been a lender to economically troubled Eurozone countries since 2010, thanks to its record foreign exchange reserves, the Bangko Sentral ng Pilipinas said yesterday.

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In a few hours, social networking service Facebook is expected to file a prospectus for an initial public offering (IPO) of USD5 billion, with an overall company valuation of USD75–100 billion.

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