Clik here to view.
URC net income drops by 21.2% in 1st 9 months of 2017
MANILA, Philippines – Despite stronger sales, Gokongwei-led food manufacturer Universal Robina Corporation (URC) saw its net income drop by 21.2% in the 1st 9 months of the year compared to its...
View ArticleClik here to view.
New list of investment areas off-limits to foreigners now on Duterte's desk
MANILA, Philippines – A new and shortened list of investment areas or activities that are off-limits to foreigners is already on President Rodrigo Duterte's desk for review.A National Economic and...
View ArticleClik here to view.
Metro Pacific eyes more toll roads, water projects in ASEAN countries
MANILA, Philippines – Metro Pacific Investments Corporation (MPIC) is setting its sights on more toll roads and water projects from the Philippines' Association of Southeast Asian Nations (ASEAN)...
View ArticleClik here to view.
SM Investments' income up on strong core businesses
MANILA, Philippines – SM Investments Corporation (SMIC), the conglomerate of Henry Sy Sr, saw its net income increase by 8% to P23.8 billion in the 1st 9 months of the year, due to the strong...
View ArticleClik here to view.
SEC files complaint vs Calata over botched Cebu casino project
MANILA, Philippines – The country's corporate regulator on Wednesday, November 8, filed a criminal complaint against Calata Corporation officials for making false claims over a botched P65-billion,...
View ArticleClik here to view.
What’s next for the ASEAN economy in a post-American world?
MANILA, Philippines – The 10 nations that collectively make up the Association of Southeast Asian Nations (ASEAN) have ridden globalization to become a major force in the global economy.Now, however,...
View ArticleClik here to view.
Bad weather results in cancelled flights on Thursday, Nov 9
Please refresh this page for updates.MANILA, Philippines – Several flights were cancelled because of bad weather on Thursday, November 9.In its notice, the Manila Airport Authority announced the...
View ArticleClik here to view.
PLDT increases target recurring core income for 2017
MANILA, Philippines – PLDT Incorporated raised its recurring core income guidance for 2017 to P22 billion, after the listed telecommunications giant saw "better financial metrics," mainly in its net...
View ArticleClik here to view.
Bank schedules during 2017 ASEAN Summit
Please refresh this page for updates.MANILA, Philippines – Banks in Metro Manila have announced their operating schedules from November 13 to 15, during the week of the Association of Southeast Asian...
View ArticleClik here to view.
BSP keeps interest rates unchanged
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) decided to maintain the country's interest rates. But due to rising oil prices, higher liquidity in the financial system, as well as the...
View ArticleClik here to view.
Ayala Corp net income up 39% to P8.2B in Q3 2017
MANILA, Philippines— Ayala Corporation (AC), the holding firm of the Ayala Group, saw its bottom line rise in the third quarter (Q3) of this year as well as the first 9 months of 2017 on strong...
View ArticleClik here to view.
ABS-CBN net income down 20% to P2.26 billion in 1st 9 months
MANILA, Philippines – Lopez-led media conglomerate ABS-CBN Corporation saw its net income drop by 20% year-on-year through the 1st 9 months of 2017 in the absence of national elections to boost...
View ArticleClik here to view.
Who are the richest families in ASEAN?
MANILA, Philipppines – As the 6th largest economy in the world, a driving force behind economic growth in the Association of Southeast Asian Nations (ASEAN) are families who continue to run some of the...
View ArticleClik here to view.
Which ASEAN economy has the most developed infrastructure?
MANILA, Philippines – Under the limelight of China and India, the economic bloc of the Association of Southeast Asian Nations (ASEAN) has been slowly starting to flex its muscles and become more...
View ArticleClik here to view.
Over 140 business leaders to mentor ASEAN's micro, small entrepreneurs
MANILA, Philippines – About 143 pioneer mentors across 10 member states of the Association of Southeast Asian Nations (ASEAN) on Sunday, November 12, launched the largest mentoring program in the...
View ArticleClik here to view.
Suu Kyi pushes for more women in top business roles
MANILA, Philippines – Myanmar State Counsellor Aung San Suu Kyi on Sunday, November 12, said women must have more critical roles to boost economic growth worldwide.Suu Kyi delivered a speech at the...
View ArticleClik here to view.
HIGHLIGHTS: ASEAN Business and Investment Summit 2017, November 12
MANILA, Philippines – The ASEAN Business and Investment Summit (ABIS) 2017 is a 3-day conference of the ASEAN Business Advisory Council (ABAC) being held from Sunday, November 12 to Tuesday, November...
View ArticleClik here to view.
ASEAN, Hong Kong sign deal in 'vote for open trade'
MANILA, Philippines – Hong Kong and Southeast Asian nations signed a free trade deal on Sunday, November 12, in what one minister described as a "clear vote" against protectionism, as the United States...
View ArticleClik here to view.
Duterte to pour 'billions of pesos' into funding for MSMEs
MANILA, Philippines – President Rodrigo Duterte has so much hope in micro, small, and medium enterprises (MSMEs) in the Philippines that he vowed on Sunday, November 12, to pour billions of pesos into...
View ArticleClik here to view.
Philippines aims to identify 300 new eco zones in January 2018
MANILA, Philippines – The Philippine Economic Zone Authority (PEZA) will identify 300 new economic zones in January 2018, in time for an investment road show where the state-run agency will market...
View Article