Clik here to view.
Inclusive business now just 'good business'
MANILA, Philippines – Inclusive business (IB) models, those that combine commerce with a social benefit, are beginning to be seen as less than just another form of Corporate Social Responsibility and...
View ArticleClik here to view.
IMF lowers Philippine GDP forecast for 2016, 2017
MANILA, Philippines – The International Monetary Fund (IMF) has lowered its economic growth forecast for the Philippines in 2016 and 2017, dragged by higher global financial volatility and...
View ArticleClik here to view.
Nissan to build cars in Myanmar for first time
YANGON, Myanmar – Japanese auto giant Nissan will start assembling cars in Myanmar for the first time this year, the company said Wednesday, February 17, as it expands its presence in one of Asia's...
View ArticleClik here to view.
Gov't firm looking into fuel stockpiling
MANILA, Philippines – Amid extremely low global oil prices, the Department of Energy (DOE) has instructed the Philippine National Oil Company (PNOC) to review previous plans to store fuel supply for...
View ArticleClik here to view.
DOTC, LTFRB launch PWD-friendly premium buses
MANILA, Philippines – The Department of Transportation and Communications (DOTC) on Thursday, February 18, launched new point-to-point (P2P) bus services designed for the benefit of persons with...
View ArticleClik here to view.
Airlines launching 4 new int'l flights from Cebu in March
MANILA, Philippines – Mactan-Cebu International Airport (MCIA), the country's second largest international gateway, will welcome 4 new international flights in March.Flag carrier Philippine Airlines,...
View ArticleClik here to view.
US firms to Aquino: PH 'preferred' investment site, talent source
MANILA, Philippines – Three major US firms have expressed their "preference" for the Philippines as an investment site and source of talent during meetings with President Benigno Aquino III in Los...
View ArticleClik here to view.
Toyota recalls 2.9M vehicles worldwide over seatbelt defect
TOKYO, Japan – Toyota said Thursday, February 18, it was recalling 2.87 million vehicles globally due to the possibility that their rear seatbelt could come apart in a crash and cause injuries.The...
View ArticleClik here to view.
Nestle net profits plunge 39% in 2015
VEVEY, Switzerland – Swiss food giant Nestle said Thursday, February 18, its net profits had plunged by a lower-than-expected 39% last year due to a strong Swiss franc.Net profit stood at 9.1 billion...
View ArticleClik here to view.
Thai airlines cramped by safety, capacity issues – IATA
BANGKOK, Thailand – The Thai government risks hampering the growth of the country's airlines unless it fixes capacity and safety issues including 'sinking' tarmac at the kingdom's main airport, an...
View ArticleClik here to view.
Tourism an inclusive business opportunity for PH
MANILA, Philippines – Growing tourist interest in the Philippines and the region provides a unique opportunity to spread wealth to the bottom of the pyramid without the trade-offs that often accompany...
View ArticleClik here to view.
PAL to fly between Manila and London daily starting June 28
MANILA, Philippines – Flag carrier Philippine Airlines, Incorporated (PAL) will operate daily flights between Manila and London starting June 28, after observing strong demand for the route."Positive...
View ArticleClik here to view.
Lucio Tan group acquires more shares in VMC
MANILA, Philippines — Beer and tobacco tycoon Lucio Tan has acquired P660 million ($13.85 million) worth of shares in sugar milling and refining company Victorias Milling Company Incorporated...
View ArticleClik here to view.
Two towers of Pagudpud Wind Farm bombed
MANILA, Philippines — The Pagudpud Wind Farm of North Luzon Renewables (NLR) was disconnected from the Luzon Grid on Thursday night, February 18, after two of its transmission towers were...
View ArticleClik here to view.
High speed rail not needed for Clark airport?
PAMPANGA, Philippines – Citing the realities of international and domestic air travel, a top official of an American knowledge management firm said a high speed rail system between the Clark Freeport...
View ArticleClik here to view.
FDC calls Aquino 'biggest loan addict' among leaders since 1986
MANILA, Philippines (UPDATED) – President Benigno Aquino III not only failed to curb the country’s poverty and debt burden, but also turned out to be the "biggest loan addict," civic group Freedom from...
View ArticleClik here to view.
OFW remittances in December hit record high at $2.7B
MANILA, Philippines — Money sent home by overseas Filipino workers (OFWs) in December 2015 was the highest monthly level recorded so far, thanks to the continued deployment of workers in Saudi Arabia,...
View ArticleClik here to view.
Purisima to critics: PH debt position 'best in 18 years'
MANILA, Philippines – Finance Secretary Cesar Purisima on Saturday, February 20, rebuffed claims that the country's national debt position worsened when President Benigno Aquino III took over.In a...
View ArticleClik here to view.
Smartphones to replace cards at bank machines in US
WASHINGTON, United States – Here's another use for the smartphone as it invades daily life: in place of your debit card at your bank cash machine.The "cardless" automatic teller machine (ATM) is...
View ArticleClik here to view.
Right-of-way acquisition for MRT7: Zero
MANILA, Philippines – So we all thought that the construction of the much-awaited Metro Rail Transit Line 7 (MRT7) that will connect Quezon City to San Jose, Bulacan, will begin soon.But here's the...
View Article