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Aquino: 'Corruption really is not tolerated'
MANILA, Philippines – President Benigno Aquino III told members of the Semiconductor and Electronics Industries in the Philippines (SEIPI) on Friday, October 23, that corruption "really is not...
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Aquino: 'I'm the most convenient excuse' for flight delays
MANILA, Philippines – President Benigno Aquino III quipped in a CEO forum hosted by the Semiconductor and Electronics Industries in the Philippines (SEIPI) on Friday, October 23, that he is the "most...
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Airbnb apologizes for poorly judged ads
SAN FRANCISCO, USA – Airbnb apologized Thursday for street ads here with sassy suggestions as to what San Francisco should do with hotel tax money collected from the home-sharing platform."We apologize...
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Philippines immune from China slowdown, HSBC says
MANILA. Philippines — The Philippines is immune from external shocks, particularly from China’s economic slowdown, the HongKong and Shanghai Banking Corporation (HSBC) said.In its latest Global...
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Banks' lending standards remain unchanged – BSP survey
MANILA, Philippines — The lending standards of banks for businesses and households remain unchanged for the third quarter, after a tightening in the first quarter, a survey conducted by the Bangko...
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#AskTheTaxWhiz: Why will I vote for Binay?
I have said this once and will say it again: It doesn't really matter to me who will be the next Philippine president as we get the kind of leader we deserve.If majority of the voters who are not even...
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Farmers lose debt gamble in typhoon-plagued Philippines
SANTA ROSA, Philippines – Philippine rice farmer Francisco Santo Domingo's life is in ruins after losing yet another gamble with nature, but the typhoon that destroyed his crops means gleeful loan...
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Can motorcycles solve Manila’s traffic?
While most Filipinos – myself included – complain about the traffic on almost a daily basis, most of us see it as the government’s responsibility to fix. Actor and model Jet Rai, who recently founded...
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Angara: High taxes may drive Filipino workers to ASEAN neighbors
MANILA, Philippines – Ahead of ASEAN integration to be formalized this year, Senator Sonny Angara has warned that the country’s high tax ratesmay drive Filipino skilled workers to move to neighboring...
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Meet Cebu’s answer to foreign transport apps
When most Filipinos think of founding a startup, they never – even in all their entrepreneurial ambition – think of establishing one in the transportation sector. Competing with the likes of Uber and...
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SMC files plunder complaint against PSALM head
MANILA, Philippines (UPDATED) – Conglomerate San Miguel Corporation (SMC) has filed a plunder complaint against the head of government-owned Power Sector Assets and Liabilities Management Corporation...
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BSP to change P100 bill color in 2016
MANILA, Philippines – By January 2016, the P100 bill will come in a different color to easily distinguish it from the similarly colored P1,000 banknotes.Bangko Sentral ng Pilipinas (BSP) Governor...
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PH passport ranks 76, lowest score in a decade
MANILA, Philippines – The Philippine passport was ranked 76th out of 199 passports, based on Henley & Partners’ latest Visa Restrictions Index for 2015 released on October 26.This has been the...
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How to make a better business community in ASEAN
MANILA, Philippines – The behavior of business shapes our lives – and this is especially true for people living in poverty.Whether you are a worker dependent on a wage, a farmer selling produce, a...
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Lucio Tan group wants PAL foreign investor in by 2017
MANILA, Philippines – The group of mogul Lucio C. Tan plans to sell up to 40% of the country’s oldest airline Philippine Airlines Incorporated (PAL) to a foreign investor by 2017 – before it triples...
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PPPs growing in ASEAN, but corruption risks are high
KUALA LUMPUR, Malaysia – Public-private partnerships projects (PPPs) are growing in the Association of Southeast Asian Nations (ASEAN), with new laws being approved in countries with lots of potential...
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Etude House Philippines sues Lazada
MANILA, Philippines — The exclusive distributor of Etude House products in the Philippines has filed criminal charges against online shopping marketplace Lazada, saying it has not allowed the...
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New NAIA to be operational in two decades
MANILA, Philippines — It will take two decades before passengers coming in and out of the country can experience the planned Manila’s new international airport.This is what Socioeconomic Planning...
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Asia to be 'world laboratory' for financial inclusion
MANILA, Philippines – Asia is already the world’s growth engine and it is increasingly becoming the world’s testing ground for new digital innovations in reaching out to the people without formal...
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Sandiganbayan orders turnover of 72.2% UCPB shares to gov’t
MANILA, Philippines – Junking a last-ditch effort by the camp of businessman Eduardo “Danding” Cojuangco Jr to prevent a government takeover of the bank, the anti-graft court Sandiganbayan has ordered...
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