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6.9% Philippine GDP growth in Q4 unlikely – economists
MANILA, Philippines (UPDATED) – With the year practically over, economists see Philippine economic growth falling below target. (READ: PH GDP grows 6% in Q3)Although the expected surge in overseas...
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More ATM users share horror stories
MANILA, Philippines (UPDATED) – More victims of automated teller machine (ATM) card skimming shared their stories with Rappler, following a November 20 story on the issue involving an apparent...
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'Stellar' PH GDP growth in Q3 if not for exports drop – DBS Bank
MANILA, Philippines – The country's economic growth could have expanded by 8% in the third quarter, and not just by 6%, if not for the sharp drop in export earnings due to weak global demand, DBS Bank...
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PAL flies to New Zealand starting December 2
MANILA, Philippines – Legacy carrier Philippine Airlines (PAL) will fly to New Zealand for the first time on Wednesday, December 2, the airline announced Friday, November 27.PAL will operate a 4 times...
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PH, Japan sign $1.99B loan for North-South commuter railway
MANILA, Philippines – The Philippines got the first slice of Japan’s $100-billion Asian infrastructure aid, after representatives from the two countries on Friday, November 27, formally signed a...
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China Bank to open 11 branches in December
MANILA, Philippines — China Banking Corporation is set to open 11 more branches in major business districts in Metro Manila next month, in a bid to expand its presence and reach more clients.Retail and...
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Auction of Veterans Memorial transport hub in 2016
MANILA, Philippines — The Philippine government targets to auction off an integrated transport hub inside the 55-hectare Veterans Memorial Medical Center compound in Quezon City next...
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9 non-financial considerations for retirees
Taking the leap into retirement is not all about financial planning. With so much of the planning focused on how to raise funds before and spend it during retirement, other important considerations are...
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Meralco searching for partners for 1,200 MW Quezon coal plant
MANILA, Philippines – Meralco PowerGen Corporation (MGen), the power generation unit of the Manila Electric Company (Meralco), is still searching for prospective partners for the construction of a...
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Fake cigarettes remain big challenge in PH market
MANILA, Philippines– The new president of cigarette manufacturer Philip Morris Fortune Tobacco Corporation Incorporated (PMFTC) said that local players and the government have more work to do to...
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How Peng Joon turned his passion into profit
MANILA, Philippines – Chan Peng Joon, the founder of Malaysian Internet marketing firm Smobble, is online entrepreneurship’s go-to guy.His company delivers solutions for a broad range of customers'...
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JT Foxx: I'll make you the 'Manny Pacquiao of business'
MANILA, Philippines – The likes of Apple co-founder Steve Wozniak; actors Al Pacino, Arnold Schwarzenegger, and Sylvester Stallone; former New York City mayor Rudy Giuliani; former GE CEO Jack Welch;...
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Robert Kiyosaki: Traditional school is useless
MANILA, Philippines – “If you want to be an employee, go to school. If you want to be rich, you don’t need school.”This was the main message of Robert Kiyosaki, bestselling author and motivational...
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PLDT president and CEO Nazareno to retire end-2015
MANILA, Philippines (UPDATED) — The Philippine Long Distance Telephone Company (PLDT)— for the second time this year — announced major changes in management, with the retirement of the president and...
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Philippine distiller buys major Spanish brandy maker
MANILA, Philippines — The Philippines' largest liquor producer Emperador said Tuesday, December 1, it would purchase a major Spanish brandy and sherry brand, representing its latest foreign acquisition...
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Manny Villar ventures into hospital business
MANILA, Philippines– Entrepreneur Manuel "Manny" B. Villar is now entering the healthcare industry by building a chain of hospitals.For its first hospital business, the former Senate president's...
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PLDT eyes legal action vs NTC director
MANILA, Philippines – The Philippine Long Distance Telephone Company (PLDT) is considering legal action against a director of the National Telecommunications Commission (NTC), following his published...
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PH November inflation climbed to 0.6% – HSBC
MANILA, Philippines – The Hongkong and Shanghai Banking Corporation (HSBC) believes inflation accelerated to 0.6%.Headline inflation in October stabilized at 0.4% following a 3-month consecutive drop...
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Myanmar bourse to debut Dec 9 – officials
YANGON, Myanmar – Myanmar will open its first major stock exchange next week after months of delays, authorities said Tuesday, December 1, as the long-cloistered economy slowly opens up.Initially...
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Robert Kiyosaki: ‘Biggest’ market crash likely in 2016
MANILA, Philippines – Back in 2002, in between the tech bubble bursting in 2000 and the global financial crisis starting 2007, Rich Dad, Poor Dad author Robert Kiyosaki predicted in his book Rich Dad’s...
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