PLDT 1st semester earnings up despite economic slowdown

MANILA, Philippines — PLDT Inc. reported higher earnings in the first half of the year despite strict COVID-19 lockdowns that plunged the Philippine economy into recession. PLDT said in a stock exchange filing on Thursday that the telco core income during the six-month period rose 5 percent to P13.9 billion as service revenues grew 8 […]

Return to MECQ risks reversing economic recovery path

MANILA, Philippines — Bringing back Metro Manila and neighboring provinces that accounted for over two-thirds of the economy to more stringent lockdown would slow recovery even as President Duterte’s chief economic manager on Monday said the 15-day modified enhanced...