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Prinz Magtulis
Prinz Magtulis

 Prinz Magtulis

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0991, 0992: Dito's first service to launch in Visayas, Mindanao on March 8
by Prinz Magtulis - February 23, 2021 - 2:37pm
“It’s going to be a launch in waves,” Adel Tamano, chief administrative officer, told reporters in an online briefing.
Dennis Uy's Dito clears first performance audit
by Prinz Magtulis - February 22, 2021 - 3:51pm
China-led Dito Telecommunity has aced its first technical audit that gauged whether the telco firm meets its commitments in speed and reach as new telco player.
Skyway Extension opening delayed anew to March, June
by Prinz Magtulis - February 17, 2021 - 5:40pm
The new schedule actually represents a latest pushback from the already delayed opening supposedly this month.
Government debts get cheaper, but also fall due earlier
by Prinz Magtulis - February 16, 2021 - 1:30pm
While the risk of default remains low, given that the budget allots a specific amount to debt payment, shorter maturities also means this allocation would increase.
Jollibee partners with Yoshinoya to grow Japanese chain's local footprint
by Prinz Magtulis - February 16, 2021 - 9:32am
The partnership’s goal is to open 50 new local stores “in the long term,” up from only three currently.
Lockdowns derail Philippines' tourism rise
by Prinz Magtulis - February 10, 2021 - 5:41pm
The Philippines’ nascent tourism industry suffered a huge setback last year from pandemic-induced lockdowns that pulled down foreign arrivals to their lowest level since at least 1999.
Stagflation unlikely despite current price surge — Moody's unit
by Prinz Magtulis - February 9, 2021 - 12:59pm
“There is no reason to worry about stagflation. At least not yet,” Steven Cochrane, chief Asia Pacific economist at Moody’s Analytics, said in a research note on Tuesday.
First day of Metro price ceilings triggers supply shortage fears
by Prinz Magtulis - February 8, 2021 - 3:59pm
The result was numerous reports of vacated spaces in wet markets, triggering worries that a short-term fix to expensive prices is only bound to exacerbate tight supply that brought up costs in the first place.
PAL to let go of 2,300 employees in new round of layoffs
by Prinz Magtulis - February 2, 2021 - 4:34pm
“Approximately 2,300” employees of the Tan-led airline are either being let go or offered voluntary separation packages, PAL said in a statement on Tuesday.
Weak imports give Philippines a record-high dollar surplus
by Prinz Magtulis - February 1, 2021 - 8:07pm
The balance of payments was in surplus since April last year, capped by a record monthly surfeit worth $4.24 billion in December, the central bank reported on Monday evening.
Lockdown remnants to block Philippines recovery after deeper fall
by Prinz Magtulis - January 26, 2021 - 9:00pm
For this year, GDP is projected to grow 6.6% annually, followed by a slight deceleration to 6.5% in 2022, which would be slower despite the known benefits of election spending by that time.
More businesses resist Cha-cha for bad timing
by Prinz Magtulis - January 22, 2021 - 1:53pm
“We believe that introducing any charter change…before presidential elections will only raise fears that other constitutional changes...may be introduced and passed,” the groups said.
Unfazed, BSP maintains inflation will ease on its own
by Prinz Magtulis - January 21, 2021 - 8:08pm
“I would not say that inflation would be an overriding concern at this point. The uptick that we are seeing is emanating from temporary supply side considerations.”
Shangri-La temporarily shuts biggest local hotel in Makati
by Prinz Magtulis - January 20, 2021 - 3:32pm
There is no schedule yet as to when Makati Shangri-La will reopen, but the management will “closely monitor global developments” and resume operations “when business conditions have improved.&...
Dominguez, tired of unfeasible plans, threatens to pull out NAIA from PPP
by Prinz Magtulis - January 12, 2021 - 4:01pm
“We are telling the private sector, make up your minds because if not, NAIA will do it itself,” Dominguez told businessmen at the Management Association of the Philippines conference.
Hardly rising, big banks' loans set to follow smaller lenders' in the red
by Prinz Magtulis - January 11, 2021 - 2:42pm
A slight acceleration is welcome news to the central bank and the Duterte government relying on banks to extend credit, but the improvement was likely a blip.
Cities, provinces to play bigger roles under Duterte's final budget
by Prinz Magtulis - January 8, 2021 - 4:54pm
Work has started for the crafting of President Rodrigo Duterte’s final budget for 2022.
Economy will rise next year. Taxes, charges, and salaries, too
by Prinz Magtulis - December 23, 2020 - 2:07pm
Filipino consumers reeling from pandemic-induced joblessness are set to be pounced by higher taxes and premium contributions to social services next year.
Record-breaking 2020: the economy in charts
by Prinz Magtulis - December 22, 2020 - 2:56pm
Next year, a strong rebound is projected, but with large falls across all data points, a 2021 recovery would inevitably be shallow and distorted by record-breaking devastation in 2020.
Megawide appeals rejected proposal to renovate NAIA
by Prinz Magtulis - December 21, 2020 - 12:08pm
“We just submitted our MR (motion for reconsideration),” Anna Salgado, the company’s media relations officer, said in a Viber message.
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