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AirAsia acquires 49 percent of Zest Air

airasia-zestair

The Philippine unit of AirAsia has expanded its foothold in the country’s airline market by acquiring 49 percent of local budget carrier Zest Airways Inc.

Posted: March 11th, 2013 in Latest Business Stories | Read More »

AirAsia opens doors to Taipei

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THE CHIANG Kai-Shek Memorial Hall

AirAsia is opening more doors for overseas Filipino workers as well as tourists this holiday season by offering low cost flights to Singapore and Taiwan from Clark, Pampanga.

Posted: December 29th, 2012 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Airasia PH launches flights to Singapore, Taipei

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Air-Asia

Low cost carrier Philippines’ AirAsia on Sunday launched flights for Singapore and Taiwan in an effort to boost tourism in the country and provide service for thousands of Overseas Filipino Workers (OFWs).

Posted: December 16th, 2012 in Latest Business Stories | Read More »

Bicam OKs P33.5-B revenue target for sin tax

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

At the end of their second meeting, the bicameral conference committee on the sin tax reform bill on Thursday night agreed setting the measure’s revenue target to P33.5 billion.

Posted: December 6th, 2012 in Latest Business Stories | Read More »

Bicam moving towards setting sin tax target from P33.5B to P35B

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

The bicameral conference committee on the sin tax reform bill on Thursday moved towards setting the measure’s revenue target to P33.5-P35 billion.

Posted: December 6th, 2012 in Latest Business Stories | Read More »

P35-B revenue target for sin tax shaping up at bicam

By
A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

The bicameral conference committee on the sin tax reform bill on Thursday agreed to set the measure’s revenue target to P35 billion.

Posted: December 6th, 2012 in Latest Business Stories | Read More »

Civil society group slams NEA bill

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logo_nea

A civil society group on Thursday backed legislators who voted against a measure which sought to grant the National Electrification Administration authority to regulate electric cooperatives.

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

Growth not felt by poor–partylist solons

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Bayan Muna Partylist Representative Neri Colmenares. INQUIRER.NET FILE PHOTO

Partylist lawmakers on Thursday lambasted how growth in the Philippine economy was not being felt by the poor. Reacting to the 7.1 percent third quarter growth of the economy, Bayan Muna Partylist Representative Neri Colmenares asked why then there was still a high poverty incidence if the economy was doing well.

Posted: November 29th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Lawmakers push for Otop products

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Businesses sell local products at Congress during “OTOP Goes to Congress” photo and product exhibition on Tuesday, Nov. 20, 2012.  PHOTO BY KAREN BONCOCAN

Lawmakers on Tuesday urged the public to buy local goods instead of imported items especially this Christmas season, when hordes of shoppers troop to malls and other shopping areas to hunt for the best bargains.

Posted: November 20th, 2012 in Latest Business Stories | Read More »

Solon allays fears of US getting back BPOs with Obama win

By
FILE PHOTO

Does the Philippines need to worry about the possibility of outsourced jobs being sent back to the US?

Posted: November 9th, 2012 in Latest Business Stories | Read More »

Legislators laud upgrade of PH credit rating

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moodys_logo

Legislators on Tuesday lauded the upgrade of the country’s credit rating to a notch below investment grade by Moody’s Investors Service, saying that this indicated an improvement in the way global investors perceive the Philippine economy.

Posted: October 30th, 2012 in Latest Business Stories | Read More »

Pagcor posts P31.16B income in first 3Qs of 2012

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pagcor-logo

The Philippine Amusement and Gaming Corporation raked in a whopping P4.38 billion in the first three quarters of 2012, placing its gross income at P31.16 billion by the end of September.

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

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