By DJ Yap,
Jerome Aning

Greenpeace Southeast Asia (Philippines) on Friday welcomed a ruling issued by the Court of Appeals (CA) to permanently put a stop to the field trials of genetically modified eggplant, which the environmentalist group believes is harmful to humans and the environment.
Posted: May 25th, 2013 in Featured Gallery,Latest Business Stories,Photos & Videos,Science and Health | Read More »
By Jerome Aning

Filipino business chief executive officers (CEOs) have concluded in their United States-wide investment road show an appeal to Americans to take advantage of the “resurging” Philippine economy, the Department of Foreign Affairs (DFA) said on Friday.
Posted: May 4th, 2013 in Latest Business Stories | Read More »
By Jerome Aning

The Supreme Court has upheld the dismissal for gross neglect of duty of a Land Bank of the Philippines (LBP) manager whose branch nearly cleared for encashment a bogus P26-billion check in 2002.
Posted: April 12th, 2013 in Latest Business Stories | Read More »
By Jerome Aning,
Paolo G. Montecillo

The Court of Appeals has upheld Malacañang in its decision to allow Philippine Airlines to axe 2,600 employees in 2010, saying this was a valid management move to revive the money-losing airline.
Posted: March 21st, 2013 in Latest Business Stories | Read More »
By Jerome Aning

Beginning March 1, the baggage porter services at the Ninoy Aquino International Airport (Naia) will be privatized, the government operator of the country’s premier gateway said Thursday.
Posted: February 15th, 2013 in Latest Business Stories | Read More »
By Jerome Aning

MANILA, Philippines—Citing passengers’ convenience and safety, the Civil Aviation Authority of the Philippines (CAAP) ordered all Philippine domestic commercial carriers on Thursday to use aerobridges, if they are available, at the country’s various airports. The order was contained in a memorandum to all airport managers and a cease-and-desist order issued to the airlines by Capt. [...]
Posted: January 24th, 2013 in Latest Business Stories | Read More »
By Jerome Aning

The state-owned Home Guaranty Corp. (HGC) finally took control of the 79-hectare Manila Harbour Centre (MHC) on Thursday night after court sheriffs accompanied by 300 policemen succeeded in enforcing a city judge’s order to R-II Builders Corp. to turn over the property to HGC.
Posted: November 17th, 2012 in Latest Business Stories | Read More »
By Jerome Aning

The country’s largest national flag carrier, Cebu Pacific, flew its 70 millionth passenger on Thursday.
Posted: November 16th, 2012 in Latest Business Stories | Read More »
By Jerome Aning

Vice President Jejomar Binay on Friday said he was optimistic the framework agreement between the Philippine government and the Moro Islamic Liberation Front (MILF) will spur more European investments, and encourage Europe to continue its Official Development Assistance (ODA) to the country.
Posted: October 13th, 2012 in Latest Business Stories | Read More »
By Jerome Aning

The Supreme Court has ordered the Bureau of Internal Revenue to return about P360 million to property developer Fort Bonifacio Development Corp. (FBDC), which claimed it overpaid the government in value-added taxes (VAT) from the 1997 purchase of sale of lots at Global City.
Posted: September 22nd, 2012 in Latest Business Stories,Property Guide | Read More »
By Jerome Aning

The passage through Northern Luzon of tropical storm “Helen” led to the cancellation of at least six flights at the Ninoy Aquino International Airport Terminal 3 on Wednesday.
Posted: August 16th, 2012 in Latest Business Stories | Read More »
By Jerome Aning,
Paolo G. Montecillo

Singapore’s Tiger Airways now has one foot firmly in the Philippine market’s door following the completion of its purchase of a 40-percent stake in local carrier Southeast Asian Airlines (SEAir).
Posted: August 14th, 2012 in Latest Business Stories | Read More »