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More Filipinos can afford brand-new cars, bank exec says

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PHOTO courtesy of BPI

More Filipinos are able to buy brand-new cars these days as shown in the sales trends reported by dealers across the country, a bank executive said.

Posted: September 13th, 2013 in Latest Business Stories | Read More »

Advertising Board postpones plan to hold 3-day Ad Congress in Davao City

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malita, davao del sur

“Good Riddance.” This was what Mayor Rodrigo Duterte said in a text message to reporters who, on Wednesday, had sought his comment on the decision of the Advertising Board of the Philippines to postpone – or even totally scrap – the three-day Advertising Congress here, which the city was to host for the first time.

Posted: July 4th, 2013 in Latest Business Stories | Read More »

Some Cebu Pacific Air passengers demand money, others reforms

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A Cebu Pacific Airbus A320 plane sits on the grassy part of the landing strip at the international airport in Davao after it overshot the runway during a rainstorm Sunday night. AFP PHOTO / Karlos Manlupig

Cebu Pacific Air now faces demands from two groups of passengers that figured in the accident involving its Flight 5J971 to this city that partially missed the runway of the Francisco Bangoy International Airport here on June 2.

Posted: July 1st, 2013 in Latest Business Stories | Read More »

Shortage of cacao both a threat and an opportunity

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THE PHILIPPINES has to develop 150,000 hectares more for cacao production by 2020.

Our favorite chocolate bars such as Toblerone, Meiji and those made by other popular companies might not be going out of the shelves soon but with the continuing downtrend in world cacao supply, they could be priced too high that we won’t afford them anymore.

Posted: June 15th, 2013 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Gov’t urged to prioritize agriculture, tourism in creating jobs

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Korean tourists enjoy horse-riding in Baguio city’s Wright Park on Christmas Day last year. Local and foreign economic experts have recommended to President Aquino that his government make tourism and agriculture the priority sectors for infrastructure support and development to create more jobs.  PHOTO BY RICK ALBERTO

To the President: Make agriculture and tourism the priority sectors for infrastructure support and development to create more jobs.

Posted: February 8th, 2013 in Latest Business Stories | Read More »

Gov’t urged to focus on job creation

By , ,
world bank

The World Bank said the big number of unemployed and underemployed in the Philippines was the big challenge for the Aquino administration.

Posted: February 4th, 2013 in Editor's Pick,Headlines | Read More »

Creating ‘good jobs’ an overwhelming challenge to Aquino gov’t—World Bank

By , ,
The World Bank logo. www.worldbank.org photo

A World Bank official has called the huge number of unemployment and underemployment in the Philippines as a huge challenge for the Aquino administration.

Posted: February 4th, 2013 in Latest Business Stories | Read More »

SM plans five more malls in Mindanao

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sm-investments

Giant mall operator SM Prime Holdings is so bullish about Mindanao consumers, whom it considers power buyers, that it plans to build five more malls on the island within the next four years.

Posted: September 29th, 2012 in Latest Business Stories | Read More »

Local farmers urged to increase cacao output

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Cacao pods. AFP/EVARISTO SA

Cacao farmers in Mindanao are being urged to increase production as rising demand for the commodity is expected to cause a worldwide shortage of about a million metric tons by the year 2020, according to the head of a local producers’ group here.

Posted: August 23rd, 2012 in Latest Business Stories,Photos & Videos | Read More »

Convergys to put up call centers in Davao

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Convergys, reputedly the world’s largest call center company, is set to put up two call centers in the city.

Posted: July 6th, 2012 in Headlines | Read More »

Mines bureau ignores feasibility studies submitted by rival factions

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Mines and Geosciences Bureau

The Southern Mindanao regional office of the Mines and Geosciences Bureau said Thursday it was waiting for Nationwide Development Corp. (Nadecor) to get its act together and would not act on any of two feasibility studies submitted by rival factions within the company on the Kingking project in Pantukan, Compostela Valley.

Posted: June 14th, 2012 in Latest Business Stories,Uncategorized | Read More »

Iran eyed as market for bananas

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Arakan, North Cotabato women wash Cavendish bananas ready for export as this  mountainous town has become a center for agribusiness in Central Mindanao area. With GSP privileges, the Philippines will be able to export bananas, among others, to the US without having to pay corresponding tariffs.  PHOTO BY PINOY GONZALES/PDI CONTRIBUTOR

Iran, which is on the list of nations sanctioned by the United Nations’ Security Council, is among the new markets that the Department of Agriculture (DA) has targeted for Philippine bananas, Agriculture Assistant Secretary Salvador Salacop said here on Thursday.

Posted: June 2nd, 2012 in Latest Business Stories,Photos & Videos | Read More »

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