Clik here to view.
AMLC zooms in on jewelers, fund managers, lawyers, accountants
MANILA, Philippines – Jewelry dealers, fund managers, lawyers, and accountants are now being strictly monitored by the Anti-Money Laundering Council (AMLC), as it firms up its battle against money...
View ArticleClik here to view.
Philippines slips 9 notches in competitiveness ranking
MANILA, Philippines – The Philippines plummeted 9 notches to 50th spot out of 63 economies in this year’s World Competitiveness Yearbook (WCY) rankings of the International Institute of Management...
View ArticleClik here to view.
DOTr still in talks with NAIA Consortium over airport rehab terms
MANILA, Philippines – A consortium made up of 7 of the country's top conglomerates is expected to bag the original proponent status for the rehabilitation, development, operations, and maintenance of...
View ArticleClik here to view.
How much are the fares of new ride-hailing apps?
MANILA, Philippines – Do you know the new ride-hailing apps?With the exit of Uber from the Philippine ride-hailing market, many Filipino commuters were left with only Grab.But in April, the Land...
View ArticleClik here to view.
SEC approves planned IPO of Del Monte Philippines
MANILA, Philippines – The Securities and Exchange Commission (SEC) on Thursday, May 24, approved the P17.5-billion initial public offering (IPO) of fruit canner Del Monte Philippines Incorporated...
View ArticleClik here to view.
Grab asks LTFRB: Reimpose P2-per-minute charge
MANILA, Philippines – Grab Philippines has asked the Land Transportation Franchising and Regulatory Board (LTFRB) to reimpose the suspended P2-per-minute travel charge.In a petition filed before the...
View ArticleClik here to view.
Senators urge gov't to suspend excise taxes on fuel
MANILA, Philippines – Senators on Friday, May 25, urged the government to suspend the imposition of excise taxes on fuel amid skyrocketing prices.Senator Grace Poe, chairperson of the Senate committee...
View ArticleClik here to view.
Fed-up Spanish cities are bursting Airbnb's bubble
MADRID, Spain – Spain may be one of the world's top tourist destinations, but many people in its biggest cities have grown exasperated with Airbnb-style rentals.And now, their city councils are taking...
View ArticleClik here to view.
Agriculture department blames banks for poor growth
MANILA, Philippines – Department of Agriculture (DA) Secretary Emmanuel Piñol blamed banks for the unimpressive growth of the agricultural sector, as they consistently defied the agri-agra reform...
View ArticleClik here to view.
Guadalupe-BGC Skytrain construction seen to start in 2018
MANILA, Philippines – The infrastructure unit of tycoon Andrew Tan's Alliance Global Group Incorporated (AGI) expects to start construction of its proposed P3-billion Skytrain in 2018.The two-kilometer...
View ArticleClik here to view.
DOJ to probe 'leaked' resolution on Okada complaint
MANILA, Philippines – The Department of Justice (DOJ) will look into the alleged leak of a resolution involving the estafa complaint filed against Japanese tycoon Kazuo Okada.Okada was accused of...
View ArticleClik here to view.
Filipinos still prefer global brands over local — study
MANILA, Philippines—Filipinos prefer global brands over their local counterparts, according to the latest findings of Kantar Worldpanel’s Brand Footprint 2018.Local brands in the top 50 comprised only...
View ArticleClik here to view.
Company president's secretary convicted of money laundering
MANILA, Philippines – The Quezon City Regional Trial Court (RTC) convicted a company president's secretary of 55 counts of money laundering, and sentenced her to 7 years of imprisonment for each count,...
View ArticleClik here to view.
Dennis Uy to bring BGC to Pampanga
MABALACAT, Pampanga— Dennis Uy-led firm Udenna Corporation gave the press a sneak peek of what its envisions as the “new center” of business in the country.Uy said Clark Global City, a 177-hectare...
View ArticleClik here to view.
PH economy growing but poverty still high – World Bank
MANILA, Philippines – Although the Philippine economy continues to grow, around 22 million Filipinos or one-fifth of the country's population still live below the national poverty line."Despite the...
View ArticleClik here to view.
Businesses warn ill effects of TRAIN Law package 2
MANILA, Philippines— Some businesses aired their concerns over the proposed package 2 of the Tax Reform Acceleration and Inclusion or TRAIN Law.During the House Committee on Ways and Means’ second...
View ArticleClik here to view.
Grab denies PCC findings of higher fares, 'deteriorating' service
MANILA, Philippines – Grab Philippines denied the findings of the Philippine Competition Commission (PCC) that its acquisition of Uber Philippines led to higher fares and "deteriorating" quality of...
View ArticleClik here to view.
Philippine debt at P6.88 trillion in April 2018
MANILA, Philippines (UPDATED) – The country's outstanding debt stood at P6.88 trillion as of April, according to the latest data from the Bureau of Treasury (BTr).The state's debt is P4.8 billion or...
View ArticleClik here to view.
Korea visa application in PH only through travel agencies starting July
MANILA, Philippines – Starting July 1, 2018, Filipinos applying for a Korean visa can only do so through designated travel agencies, and no longer at the Korean embassy in Taguig City.The embassy said...
View ArticleClik here to view.
LOOK: Virac Airport's rehabilitated terminal to be inaugurated on June 1
MANILA, Philippines – The Department of Transportation (DOTr) and the Civil Aviation Authority of the Philippines (CAAP) will hold an inauguration ceremony for the newly rehabilitated passenger...
View Article