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Globe partners with SM Store for easy payments
MANILA, Philippines – GCash, the digital wallet service of Ayala-led Globe Telecom, teamed up with the SM Store to enable customers to pay for their items through their cellphones.Globe announced on...
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U.S. drugstore chain CVS to buy medical insurer Aetna for $69B
SAN FRANCISCO, USA – US drugstore chain CVS Health announced Sunday, December 3, it would buy medical insurer Aetna for about $69 billion, in a move that would create a new giant in the healthcare...
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PLDT extends partnership with Cignal TV to business customers
MANILA, Philippines – PLDT Incorporated extended its partnership with Cignal TV to enable the latter's content to be delivered to commercial establishments such as bars, restaurants, and hotels over...
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Retailers brace as Amazon launches in Australia
SYDNEY, Australia – US internet giant Amazon launched in Australia Tuesday, December 5, in time for Christmas, with retailers scrambling to cut costs and boost their online offerings as they brace for...
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Online platform Startup-O brings accessible funding for startups
MANILA, Philippines – Startup-O, an online platform based in Singapore, is on a mission to change the old game of getting investments for startups.More and more millennials are venturing into...
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Uber, DPWH join forces for better traffic planning
MANILA, Philippines – In a change of pace from the past months, transport network company (TNC) Uber now finds itself teaming up with the government to help ease the country's traffic woes.Uber...
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Inflation slows to 3.3% in November amid lower food prices
MANILA, Philippines – Lower food prices led to a slowdown in inflation last November, in a reversal of the upward trend seen since July, according to the National Economic and Development Authority...
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AboitizLand to open The Outlets discount mall in Batangas next year
MANILA, Philippines – AboitizLand, the new property arm of Aboitiz Equity Ventures Incorporated, will kick-start its commercial interests in Luzon by launching an outlet mall in Batangas.Called The...
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BSP releases Philippine peso bills with 'enhanced design'
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Tuesday, December 5, released into circulation a new set of New Generation Currency (NGC) banknotes with an "enhanced design."The BSP said...
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How to get your micro business tax exempted
MANILA, Philippines – In 2014, roughly 99.5% of establishments in the Philippines were considered micro, small, and medium enterprises (MSMEs) which employed about 61.6% of the labor force, making them...
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AMLC adopts stricter controls against money laundering
MANILA, Philippines – The Anti-Money Laundering Council (AMLC) stepped up efforts to fight money laundering as well as criminal and terrorism financing.AMLC Secretariat Executive Director Mel Georgie...
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AboitizPower to install 500 MW of new power by 1st half of 2018
MANILA, Philippines – AboitizPower, the country's second largest power producer, will add around 500 megawatts (MW) of installed capacity within the first 6 months of next year.The capacity will come...
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Conglomerates in talks for 'super consortium' to upgrade NAIA
MANILA, Philippines – With their profits tied to the continuing growth of the economy, some of the country's biggest conglomerates are discussing the possibility of banding together to finally upgrade...
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TPLEX now extended to Pozorrubio in Pangasinan
MANILA, Philippines – Motorists can now take the Tarlac-Pangasinan-La Union Expressway (TPLEX) from Tarlac all the way to Pozorrubio, Pangasinan.Public Works and Highways Secretary Mark Villar led the...
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GE to cut 12,000 jobs in power unit
PARIS, France – Embattled industrial giant General Electric announced Thursday, December 7, it would cut approximately 12,000 blue collar and white collar jobs in its GE Power unit, more than a fifth...
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Fancy living in Europe? Try citizenship by investment
While most of us have most likely made holiday plans, not too many might have had time to sit down and set goals for the coming year. Have we asked ourselves what we want in terms of career and life...
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China Telecom to help establish 3rd PH telco player – Andanar
MANILA, Philippines – The Chinese government has selected China Telecom to invest in the Philippines in a bid to break the current duopoly in the local telecommunications industry, Malacañang said...
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BDO, World Bank tie up for $150-million green bonds
MANILA, Philippines – Henry Sy-led BDO Unibank Incorporated became the country's first commercial bank to issue green bonds aimed at addressing climate change.In a disclosure to the Philippine Stock...
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Bitcoin tops $18,000 in debut on major bourse
NEW YORK CITY, USA (UPDATED) – Bitcoin surged past $18,000 after it began trading on its first major global exchange Sunday, December 10, the latest in a series of highs that have excited some...
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Fitch upgrades Philippines' credit rating
MANILA, Philippines (UPDATED) – Credit rating agency Fitch Ratings upgraded the Philippines' Long-Term Foreign-Currency Issuer Default Rating (IDR) from BBB- to BBB, with a stable outlook, amid...
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