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Singapore still top for doing business – World Bank
WASHINGTON DC, USA – Singapore remains the easiest place to do business, while developing countries stepped up their pace of business-friendly reforms in the past year, according to a World Bank report...
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Mainstream practice of responsible business – ASEAN forum
KUALA LUMPUR, Malaysia – Many of the problems faced today by member-states of the Association of Southeast Asian Nations (ASEAN) are caused by irresponsible businesses, or companies that reap profits...
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AirAsia pushes back IPO, adds more A320s
MANILA, Philippines — The Philippine unit of Southeast Asia’s biggest budget carrier AirAsia Berhad has pushed back its $200-million initial public offering (IPO) to first quarter of 2018 from 2016, as...
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PH drops to No. 103 in World Bank Doing Business report
MANILA, Philippines – The Philippines has slipped to 103rd place among 189 economies in the latest edition of the World Bank-International Finance Corporation (IFC) Doing Business Report released on...
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Netizens urged to join 'Black Payday Friday' protest
MANILA, Philippines – The Tax Management Association of the Philippines (TMAP) has called on all those who want to see more take home pay to show solidarity in an online protest on Friday, October...
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PLDT's Smart partners with Airbnb
MANILA, Philippines — A subsidiary of the country's second most valuable listed firm Philippine Long Distance Telephone Company (PLDT) has teamed up with accommodation booking site Airbnb for...
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Bayantel out of rehab, Globe infuses up to $300M
MANILA, Philippines – Bayan Telecommunications Incorporated (Bayantel) is officially out of corporate rehabilitation program, with its major stockholder Globe Telecom Incorporated out to infuse fresh...
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Aquino: PH is an easy brand to sell
MANILA, Philippines – President Benigno Aquino III, who previously worked as a retail sales supervisor for a well-known athletic brand in the country, said Thursday, October 29, that in hindsight,...
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Proposed PH coins to be more counterfeit-resistant – BSP
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said on Thursday, October 29, that the proposed new generation coins would feature the electromagnetic signature (EMS) to guard against...
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China signs giant Airbus deal as Merkel visits
BEIJING, China (UPDATED) – China inked a giant aircraft contract with European manufacturer Airbus Thursday, October 29, as German Chancellor Angela Merkel began a visit with European leaders...
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Deutsche Bank to slash jobs, costs after record losses in Q3
FRANKFURT, Germany – Deutsche Bank, Germany's biggest lender, unveiled Thursday, October 29, a massive new cost-cutting drive, saying it would axe thousands of jobs and close down operations in 10...
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Toyota view on Volkswagen scandal: don't obsess over No. 1
TOKYO, Japan – Toyota's top executive has offered some advice to German rival Volkswagen as it wrestles with a huge emissions scandal: don't focus on being number one.Akio Toyoda's comments at the...
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DHL Express PH unfazed by Uber, GrabTaxi delivery
MANILA, Philippines – DHL Express unit in the Philippines is not threatened by the entry of ride-hailing service providers Uber and GrabTaxi to the local delivery market, saying it focuses in a...
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NLEX, SCTEX, Cavitex ready for Undas 2015
MANILA, Philippines – The operator of the North Luzon Expressway (NLEX) and the Subic Clark Tarlac Expressway (SCTEX) expects traffic buildup to increase between 10% and 15% this All Saints’ Day.The...
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PAL cancels over 200 flights due to APEC Manila
MANILA, Philippines — Philippine Airlines, Incorporated (PAL) on Saturday, October 31, announced 115 domestic and 96 international cancelled flights from November 15 to November 20 to give way to the...
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Palace: 'No debate on need for tax reforms'
MANILA, Philippines – Malacañang clarified on Saturday, October 31, that the Aquino administration supports tax reform laws, contrary to the claim of its critics who have slammed it for hedging on the...
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Gov't won't tolerate 'laglag bala' – Abaya
MANILA, Philippines — Transportation Secretary Joseph Emilio Abaya said the public should not worry about "tanim bala" or bullet-planting scam happening inside the Ninoy Aquino International Airport...
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P5-10 B in new investments possible by easing regulations – analyst
MANILA, Philippines – Simplifying business regulations in the Philippines could potentially attract new investments of at least P5 to P10 billion ($106.8 - $213.7 million), the World Bank said on...
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Meralco: Competitive Selection Process will hurt consumers
MANILA, Philippines – The Manila Electric Company (Meralco) may consider seeking a court order to stop the implementation of a policy that mandates all distribution utilities (DUs) and electric...
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China completes production of own passenger plane
SHANGHAI, China – China's first big passenger plane rolled off the assembly line on Monday, November 2, as the Asian giant seeks to develop its own aviation sector and challenge foreign industry giants...
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