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Delivery of select food items in Typhoon Lando-hit areas delayed
MANILA, Philippines – Some food manufacturers have informed the Trade and Industry department (DTI) Monday, October 19, that supply of basic goods is stable, but delays have been encountered in...
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Pancake House to open in United Arab Emirates
MANILA, Philippines – Max’s Group, Inc. is set to bring one of its brands, Pancake House, into United Arab Emirates (UAE) as part of its overseas expansion plans.Pancake House, a homegrown casual...
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German firm invests P2.5B in PH manufacturing plant
MANILA, Philippines – Zama Precision Industry Manufacturing Inc, a power tool manufacturer, is investing P2.5 billion ($54.24 million) for its manufacturing facility – one of the biggest investments of...
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NAIA no longer among the world's worst airports – poll
MANILA, Philippines – Ninoy Aquino International Airport (NAIA) is no longer one of the world’s worst airports, thanks to the ongoing rehabilitation efforts in Terminal 1 and upgrades in Terminal 3,...
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Cancelled flights due to APEC meetings in November
MANILA, Philippines – The Manila International Airport Authority (MIAA) advised airlines of periodic, temporary runway closures at the country's main gateway during the Asia-Pacific Economic...
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Alveo eyes over P11B sales revenue from Cebu property dev't
MANILA, Philippines – Alveo Land Corporation, the upscale subsidiary of property giant Ayala Land Incorporated (ALI), expects about P11.4-billion ($246.07-million) sales revenue from its diverse...
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PLDT launches PH's fastest broadband yet
MANILA, Philippines – A unit of Philippine Long Distance Telephone Company (PLDT) on Tuesday, October 20 launched the fastest advertised fixed broadband service in the Philippines to date at 1 Gigabyte...
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Lower remittances seen in Q3
MANILA, Philippines – United Kingdom-based investment bank Barclays and Dutch financial giant ING Bank see lower cash remittances from overseas Filipinos for the third quarter of 2015 amid the...
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23M adult Filipinos run out of money for basic necessities – survey
MANILA, Philippines – A World Bank survey, whose results were announced on Wednesday, October 21, showed that 23 million adult acknowledge that their households run out of money for food and other...
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No asset bubble in PH, BSP says
MANILA, Philippines – There are no macro-prudential risks stemming from the real estate market, the Bangko Sentral ng Pilipinas (BSP) reiterated.“Right now, we believe that there is no asset bubble in...
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Rehabilitation of LRT1 stations to start in December
MANILA, Philippines – The group of Metro Pacific Investments Corporation (MPIC) and Ayala Corporation is spending about half a billion pesos for the next 12 to 18 months to rehabilitate and upgrade the...
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Why I’m #BPOandProud
MANILA, Philippines — Work shifts that begin at night, copious amounts of coffee to get you through, and a black headset: it’s the usual scene at most BPOs in the country. But apart from the odd hours,...
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MRT3 buyout target moved to 2016
MANILA, Philippines – The Philippine government targets to implement the buyout of Metro Rail Transit Line 3 (MRT3) assets from owner MRT Corporation before President Benigno Aquino III steps down,...
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ASEAN integration: PH energy sector OK, sugarcane industry in trouble
MANILA, Philippines – The integration in process as part of the ASEAN Economic Community (AEC) brings both opportunities and challenges, and domestic firms will have to prepare for them.The energy...
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Globe launches own 1-Gbps broadband offering for P9,499
MANILA, Philippines – The telco war heats up anew as Globe Telecom, Incorporated said on Thursday, October 22, that it has its own new roster of home broadband plans.Globe said in a press release that...
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President's office hit by ratings decline – survey
MANILA, Philippines – For the fourth consecutive year, the Church remains the most trusted institution in the country, while the Office of the President suffered the worst decline in ratings, the 2015...
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Healthcare, telco, water are most trusted industries – survey
MANILA, Philippines – The healthcare, telecommunications, and water services industries are most trusted by Filipinos surveyed for the 2015 Philippine Trust Index.Business, as one of the 6 institutions...
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SM opens first mall in Caloocan City
MANILA, Philippines – SM Prime Holdings, Inc. (SM Prime) opened on Friday, October 23 its first mall in Caloocan City, one of the 16 cities in Metro Manila.Named SM Center Sangandaan, it is the...
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Inflation eases further in Q3 – BSP
MANILA, Philippines – Slower increases in most food items resulted in the continued decline of headline inflation for the third quarter, the Bangko Sentral ng Pilipinas (BSP) reported Friday, October...
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Pacquiaos ask SC to stop BIR from confiscating assets
MANILA, Philippines – World boxing champion and now senatorial aspirant Emmanuel “Manny” Pacquiao and his wife Jinkee are asking the Supreme Court (SC) to stop the Bureau of Internal Revenue (BIR)...
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