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7-Eleven now accepts AirAsia payments

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FILE PHOTO

More than 800 7-Eleven stores will accept cash payments for one of the country’s low cost carrier, AirAsia, starting next week, the airline announced on Friday.

Posted: February 22nd, 2013 in Latest Business Stories | Read More »

Pagcor still waiting for Okada’s group to settle land ownership issue

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The Philippine Amusement and Gaming Corp. (Pagcor) is still waiting for Japanese businessman Kazuo Okada’s group to settle the land ownership issue in its project for Entertainment City pending negotiations with local partner Robinsons Land Corp.

Posted: February 19th, 2013 in Latest Business Stories | Read More »

Pagcor joins gov’t taxpayers’ ‘billionaires’ club’

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MANILA, Philippines—The Philippine Amusement and Gaming Corp. (Pagcor) is joining the so-called billionaires’ club of government corporate tax payers as it pays a whopping P5.5 billion in taxes to the government for 2012.   Pagcor, in a statement on Tuesday, announced that its total payment to the Bureau of Internal Revenue (BIR) for 2012 would reach [...]

Posted: January 29th, 2013 in Latest Business Stories | Read More »

Senate ratifies bill to remove taxes on international carriers, shippers

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Senator Franklin Drilon. INQUIRER FILE PHOTO

The Senate has ratified a bill that would remove the taxes now being imposed on international carriers and shippers, resulting in more tourist arrivals and lower and more affordable fares.

Posted: January 23rd, 2013 in Latest Business Stories | Read More »

HIV victim dismayed cases up despite own story

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Wanggo Gallaga announced in 2008 that he was infected with the human immunodeficiency virus (HIV), hoping that the people would learn from his mistake. Being HIV-positive raises a person's heart attack risk by about 50 percent, said a study released Monday, March 5, 2013, that confirms earlier findings.

When 29-year-old Wanggo Gallaga announced in 2008 that he was infected with the human immunodeficiency virus (HIV), he was hoping that the people would learn from his mistake.

Posted: December 4th, 2012 in Science and Health | Read More »

Senate to debate sin tax bill that slashes by half tax for imported spirits

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Sen. Ralph Recto. INQUIRER FILE PHOTO

A panel in the Senate has endorsed for plenary debates its own version of “sin tax” bill, which would cut by half the tax being imposed on imported “distilled spirits” but impose as high as 121 percent additional tax on low-priced cigarettes.

Posted: October 10th, 2012 in Latest Business Stories | Read More »

Pia Cayetano to push for better version of sin tax bill

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Senator Pia Cayetano. RYAN LEAGOGO/INQUIRER.net

The Senate is now ready to start plenary debates on a measure that seeks to impose higher taxes on alcohol and tobacco products also known as “sin tax” bill, which is expected to generate P15 billion to P20 billion government revenues.

Posted: October 10th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Fly to Kalibo, Davao at P275

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Philippines’ Air Asia is offering a P275 “all-in fares” promotion to Kalibo and Davao when it flies for the first time from its hub in Clark, Pampanga next month.

Posted: February 28th, 2012 in Latest Business Stories | Read More »

Pagcor revenue rose by P5.10B in 2011

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The Philippine Amusement and Gaming Corporation (Pagcor) reported a whopping P36.65 billion total revenue last year, or a P5.19 billion increase from the P31.46 billion income in 2010.

Posted: January 19th, 2012 in Latest Business Stories | Read More »

Ongpin’s secretary admits she was ‘dummy’ in $180M gov’t bank loan

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Businessman Roberto Ongpin. INQUIRER FILE PHOTO

Businessman Roberto Ongpin’s secretary showed up in the Senate on Monday and pinned down her boss on the alleged questionable loan granted by government banks.

Posted: December 12th, 2011 in Latest Business Stories | Read More »

No need to summon Manny Pangilinan in ‘insider trading’ Senate probe, says Enrile

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There is no need to investigate Manny V. Pangilinan, Senate President Juan Ponce-Enrile said Wednesday when asked if the businessman could be held liable for “insider trading” when he bought the Philex Mining shares that were sold in the market by a former trade chief.

Posted: December 7th, 2011 in Latest Business Stories,Photos & Videos | Read More »

SEC probe says Ongpin could be guilty of insider trading

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Businessman Roberto Ongpin. INQUIRER FILE PHOTO

An investigation by the Securities and Exchange Commission (SEC) showed that businessman Roberto V. Ongpin “may have committed insider trading” when he bought Philex Mining shares from the market after concluding a deal with Manny Panglinan.

Posted: December 6th, 2011 in Latest Business Stories | Read More »

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