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Top leaders in the government and private sector converge at the Asia CEO Awards - the biggest business award in the Philippines and Southeast Asia. They were honored for promoting the country as they premiere business destination.

The Bangko Sentral ng Pilipinas raises the country's borrowing rate yet again. This is to further reduce the risk of inflation among other reasons. But analysts say this is not the end of BSP's interest rate hike as prices are likely to remain high in 2019.

Filipinos may face a further rise in consumer prices this month as the country's major rice producing areas were badly hit by Typhoon Ompong. But the government's economic managers now downplaying fears at prices of goods will further soar.

Faster and cheaper Internet connection through the entry of a third major player in telecommunications. That is included among the President's promises in his State of the Nation Address last year. But, the selection of that company has been delayed for months now. CNN Philippines looks at the status of the search for the third telco.

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The justice department says that for now there's no need to investigate Solicitor General Jose Calida for the 150-million pesos worth of government contracts bagged by his family's security agency.

The Department of Justice on Tuesday said there is no need to investigate Solicitor General Jose Calida for the P150 million-worth of government contracts bagged by his family's security agency.