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Former telco giant PT&T files a court case versus the National Telecommunications Commission for grave abuse of discretion during the bidding for the third major telco spot. Meanwhile, DICT Acting Secretary Eliseo Rio tells CNN Philippines when provisional new player Mislatel can start rolling out its infrastructure.

The Bangko Sentral ng Pilipinas sees it prudent to raise interest rates by another 25 basis points, as inflation risks remain. It also raised its inflation forecast for the full year of 2018.

As Ang Probinsyano draws flak from the country's top cop, a senator says the TV show may have violated the law in using police uniforms for its police characters.

The deal will help govern and regulate cross-border electronic trade between Southeast Asian nations, says Trade Secretary Ramon Lopez.

Mislatel, which won the selection process to become the provisional third major telco player through a partnership with China Telecom and Udenna Corp, says that it has complied with all of the NTC’s requirements.

The chairman of the British Chamber of Commerce in the Philippines says companies in the UK are looking forward to investing in the Philippines.

Confident that they still have a chance to become the provisional new major player in telecommunications despite their disqualification from Tuesday's bidding, two companies file their motion for reconsideration to the National Telecommunications Commission.

DICT Acting Secretary Eliseo Rio said the bidders that were disqualified from the third selection process still have a chance should their respective motions for reconsideration push through. Meanwhile, PT&T withdrew their court case against the National Telecommunications Commission.

The Mislatel Consortium, made up of Davao-based Udenna Corporation, its logistics arm Chelsea Logistics Holdings, and state-owned China Telecommunications Corporation, has been selected as the country's third major telecommunications player.

The Department of Information and Communications Technology will choose the potential third major telecommunications player on November 7.