Emirates' Cebu-Dubai route to boost passenger traffic at Mactan Airport
MANILA, Philippines – Emirates Airline’s new Cebu-Clark-Dubai daily service, as well as the new Cebu-Los Angeles flights of Philippine Airlines, Incorporated (PAL), are expected to boost passenger...
View Article#AskTheTaxWhiz: Are campaign expenses taxed?
Are the campaign funders of political parties paying the right taxes? Do they belong to the list of top taxpayers for 2014? How come they are able to donate millions of pesos?Honestly, I hope they are....
View ArticlePH debt hits P5.95 trillion in November
MANILA, Philippines – The national government’s outstanding debt as of end-November 2015 jumped by 4.1% from the previous year due to the increase in both foreign and domestic loans, the Bureau of the...
View ArticleMalaysia Airlines does U-turn on suitcase ban
KUALA LUMPUR, Malaysia – Less than 24 hours after telling Europe-bound passengers they were not allowed to take check-in baggage because of "unseasonably strong headwinds," Malaysian Airlines did a...
View ArticleGreen cars in Norway win world's biggest market share
OSLO, Norway – Zero emission cars accounted for 17.1% of new car registrations last year in Norway, the industry said on Wednesday, January 6 the highest market share for clean vehicles anywhere in the...
View Article5 startups to affect your lives in 2016
MANILA, Philippines – The digital economy is rapidly changing Filipinos' lives. It has revolutionized everything from the the way people consume media to the way people communicate.It has even affected...
View ArticleSell-off in Asia as China stock markets closed
HONG KONG (2nd UPDATE) – Chinese markets were suspended Thursday, January 7, for the second day this week after they fell more than 7%, leading an Asia-wide sell-off as China weakened the value of the...
View ArticleMeralco rates to go down in January
MANILA, Philippines – Following a spike in December, electricity rates for January are set to go down by P0.21 per kilowatt hour (kWh), the Manila Electric Company (Meralco) announced Thursday, January...
View ArticleDTI ends 2015 with 3% surge in domestic, foreign investments
MANILA, Philippines — The Philippines closed 2015 with a 3% increase in approved domestic and foreign investments compared to 2014, thanks to big energy-related projects.This is expected to translate...
View ArticleWorld Bank maintains PH 2016 growth forecast at 6.4%
MANILA, Philippines – The World Bank has maintained its growth forecast of 6.4% for the Philippines this year, the Washington-based agency reported Thursday, January 7 (Philippine Standard Time).The...
View ArticlePH gov't records P6B surplus in November
MANILA, Philippines – Even as expenditures outpaced the year-on-year growth of revenues in November last year, the national government still incurred a budget surplus during the period, the Bureau of...
View ArticlePH foreign exchange reserves up in December
MANILA, Philippines – Following a slump in November, the country's foreign exchange reserves bounced back in December, the Bangko Sentral ng Pilipinas (BSP) reported Thursday, January 7.BSP Governor...
View ArticleDTI: Third-party probe on Montero mess to start February
MANILA, Philippines — A third-party laboratory will begin its investigation into the Mitsubishi Montero Sport's sudden unintended acceleration (SUA) issue in February, the Department of Trade and...
View ArticleChina's woes rattle global markets
NEW YORK, USA – Stock markets across the globe slumped and oil plumbed new depths Thursday, January 7, as signs of a dramatic slowdown in powerhouse China put fright into investors about the outlook...
View ArticleAquino inaugurates AboitizPower’s P35-B Davao baseload power plant
DAVAO CITY, Philippines – President Benigno Aquino III inaugurated on Friday, January 8, the 300-megawatt (MW) baseload power plant in the city, envisioned to deliver reliable power supply to Mindanao...
View ArticleAbaya: Poe got a 'bum steer,' Busan group takes over MRT3 maintenance
MANILA, Philippines – While presidential aspirant Senator Grace Poe was calling for a Senate hearing to address an "emergency situation" involving the Metro Rail Transit Line 3 (MRT3), a...
View ArticleAquino calls for meeting to address Mindanao power woes
MANILA, Philippines – President Benigno Aquino III will convene a meeting with energy officials next week to address the worsening power situation in Mindanao due to right of way (ROW) violations and...
View ArticlePH will have enough oil supply despite Saudi conflict – gov't
MANILA, Philippines – The Philippine government gave assurances to its citizens that the country’s oil supply will be stable despite the conflicts in Saudi Arabia, from where it sources the bulk of its...
View ArticleIN PHOTOS: The Black Nazarene, faith, miracles, money
MANILA, Philippines – The image of the Black Nazarene is believed to have performed miraculous acts of healing. But the 410-year-old image is not only known to be the spring of renewed life, but also...
View ArticleTech trends that can make waves in 2016
MANILA, Philippines — This time last year, few outside the tech adept and well-traveled circles in the Philippines had ever heard of GrabCar or Uber.By year’s end however, both firms had sparked...
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