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Build PH Silicon Valley: Endeavor picks BPO entrepreneur
MANILA, Philippines – The Philippine arm of the global non-profit entrepreneurship organization Endeavor has chosen the next batch of entrepreneurs to help transform the Philippine market and create an...
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Roxas on lower taxes: But what programs will suffer?
MANILA, Philippines – Administration standard-bearer Manuel Roxas II said on Monday, September 28, that while taxes in the country “need to be reviewed periodically,” those proposing lower taxes should...
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Nielsen: 91% of Filipinos trust word-of-mouth recommendations
MANILA, Philippines – Word-of-mouth recommendations from people they know and trust continue to be the most effective form of advertising for Filipinos, according to a new report released September 28...
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Rare Juan Luna painting fetches record P46.72M at PH auction
MANILA, Philippines – A Juan Luna painting fetched P46.72 million at a recent auction in Makati City marked by a "heated bidding war" – a record-high for an artwork at a Philippine auction.The...
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ABS-CBN to NTC: Require GMA to explain own digital TV signal loss
MANILA, Philippines – ABS-CBN Corporation, the parent company of pay TV subsidiary SkyCable Corporation explained that interruptions during the airing of noontime show Eat Bulaga – which carries the...
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Aquino leads speakers of 15th Forbes Global CEO Conference in Manila
MANILA, Philippines– President Benigno S. Aquino III will join some 50 prominent global business leaders and entrepreneurs to speak at the 15th annual Forbes Global CEO Conference, happening at Solaire...
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Ayala Land unit sees over P10B revenue from new prime office
MANILA, Philippines – The upscale subsidiary of property giant Ayala Land Incorporated (ALI) is expecting to generate P10.7 billion ($228.19 million) in revenues from its new Alveo Financial Tower, set...
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2016 election spending seen to boost PH GDP – Standard Chartered
MANILA, Philippines – The presidential and national elections scheduled on May 9, 2016 are seen to boost the country's economic growth, Standard Chartered said.In a research note entitled “Philippines...
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Globe bars nearly 30k numbers found as spam, scam sources
MANILA, Philippines – Globe Telecom Incorporated has disconnected from service close to 30,000 prepaid numbers found to be a consistent source of unsolicited promotional materials, text spams or...
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Digital marketing agency PurpleClick Philippines launches
MANILA, Philippines – Digital marketing agency PurpleClick launched its Philippine branch on Tuesday, September 29.The company launched PurpleClick Philippines – a joint venture between PurpleClick of...
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Volkswagen draws up refit plan for cars in pollution scam
FRANKFURT, Germany – Volkswagen (VW) on Tuesday, September 29, revealed a plan to refit millions of vehicles affected by a worldwide pollution-cheating scam, as its new chief vowed to act ruthlessly to...
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San Miguel targets to double revenues in 5 years
MANILA, Philippines – San Miguel Corporation (SMC), the Philippines' most diversified conglomerate, forecasts profit to more than double in the next 5 years, as it grows all businesses and enters into...
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PH climbs 5 notches in WEF competitiveness rankings
MANILA, Philippines – From 52nd in 2014-2015, the Philippines improved its rank in the World Economic Forum's (WEF) Global Competitiveness Index (GCI), placing 47th out of 140 countries for...
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PH is Asia's next shopping destination?
MANILA, Philippines – Major retailers are grooming anew the Philippines as the next shopping destination in Asia.Philippine Retailers Association (PRA) president Lorenzo Formoso said the group is...
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Why PH has 2nd highest income tax in ASEAN
MANILA, Philippines – The 19-year-old personal and corporate income tax systems of the Philippines are the "most uninviting and out of date" among the Association of the Southeast Asian Nations (ASEAN)...
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What will stimulate PH economy until 2050?
MANILA, Philippines – The Philippines' top economic officials said the two best stimulants of economic growth in the coming decades are human capital and infrastructure.During the 28th Philippine...
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DOTC begins MRT3 signaling system upgrade
MANILA, Philippines – The Department of Transportation and Communications (DOTC) has awarded the P53.37-million ($1.14-million) signaling system upgrade project to Bombardier Transportation Signal...
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SC junks Fortune Tobacco’s P219-M tax refund claim
MANILA, Philippines – The Supreme Court rejected a petition by tycoon Lucio Tan’s Fortune Tobacco Corporation for a tax refund of P219 million ($4.687 million).The refund was to cover to alleged...
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PLDT creates investment arm to connect with Silicon Valley
MANILA, Philippines – Telecommunications giant Philippine Long Distance Telephone Company (PLDT) has created a new investment arm that will connect its group of companies with leading Silicon Valley...
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PH gov't records P15B surplus in August
MANILA, Philippines – Despite heightened efforts to rev up infrastructure spending, the national government’s budget balance in August 2015 was at a surplus of P15 billion ($321 million),the Department...
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