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Asia Pacific seen to drive global growth in travel

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Growth-sign

Cheaper ticket prices and a booming global population will drive growth in the air passenger sector through 2034, with Asia Pacific seen to account for almost half of worldwide traffic through that period, the International Air Transport Association, or IATA, said in a report.

Posted: October 25th, 2014 in Headlines,Latest Business Stories | Read More »

Del Monte completes P93.5-M follow-on offer

By
SCREENGRAB from www.delmontepacific.com

Del Monte Pacific Ltd. (DMPL) has completed a domestic follow-on offering priced at P17 a share, part of a series of fund-raising activities the conglomerate lined up to cut its debt arising from its big US acquisition.

Posted: October 25th, 2014 in Headlines,Latest Business Stories | Read More »

Tobacco firm accused of ‘systemic fraud’

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Tobacco giant Philip Morris Fortune Tobacco Corp. has sought permission to manufacture four variants of its Marlboro products as low-priced cigarettes. AP

The local arm of the manufacturer of Marlboro cigarettes Friday accused its fiercest competitor, homegrown Mighty Corp., of “systematic and endemic fraud” over alleged non-payments of duties on the tobacco leaf and filters that the latter imports.

Posted: October 25th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

BSP likely to keep key rates steady

A man walks past the HSBC's Hong Kong headquarters in central district of Hong Kong on March 4, 2013. The HSBC banking group could cut up to another 5,000 jobs as Europe's biggest bank looks to find further savings, the Financial Times reported on Monday, March 18, 2013.  AP PHOTO/VINCENT YU

The Bangko Sentral ng Pilipinas is likely to maintain its key interest rates steady for the rest of the year, but it may resume its monetary tightening measures by the first half of 2015 to keep inflation from breaching the target level, an economist from British banking giant HSBC said.

Posted: October 25th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Solving energy crisis, port congestion yet to be crossed off Aquino to-do list

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President Benigno Aquino III. Photo by RYAN LEAGOGO/INQUIRER.net

President Benigno Aquino III on Friday assured the business sector that the government is addressing concerns on energy and port congestion although both are still a work in progress.

Posted: October 24th, 2014 in Latest Business Stories | Read More »

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News

  • Binay fails to show up at Cabinet performance commitment session
  • Comelec sets satellite registration for indigenous people
  • House seen passing 2015 budget by Wednesday
  • Clashes in northern Lebanon kill 1, wound 13
  • Comelec urges Filipinos to ensure dead relatives are off voters’ list
  • Sports

  • Slaughter, Aguilar too much as Ginebra whips Pacquiao-less Kia
  • Williams beats Wozniacki to reach champs final
  • WTA plans World Cup teams event
  • Hudson’s long-awaited Series debut ends in loss
  • Talk ‘N Text, Rain or Shine nail first win
  • Lifestyle

  • Peta’s ‘FnL’ finds craziness in language–or several versions of it
  • Gantimpala Theater Foundation is looking for a new home
  • Ready for a 6-peat feat
  • ‘It’s about getting to the finals’
  • Samsung launches Galaxy Note 4, Gear S–available in stores starting today
  • Entertainment

  • Discovery Channel revisits Tacloban a year after ‘Yolanda’
  • ‘The Trial’–pluses and minuses
  • When Ryzza met Nora
  • Too many sponsors
  • Stellar performances compared
  • Business

  • Anti-impotence drugs seized
  • Tan pioneers BPO office dev’t in a township setting
  • Aquino seeks business sector’s help
  • ‘Medical cannabis better than some analgesics’ —former DOH secretary
  • Stocks close lower
  • Technology

  • MMDA impounds Uber car
  • DOJ forms team to prosecute sex and other cybercrimes
  • Zuckerberg speaks Chinese; Beijing students cheer
  • SC reminds netizens: Nothing stays private on Facebook
  • LTFRB goes after Uber vehicles; MMDA disagrees
  • Opinion

  • Editorial cartoon, October 26, 2014
  • Editorial Cartoon, October 25, 2014
  • Overstretched
  • Fishy
  • Beyond the stutters
  • Global Nation

  • SC activates site for audio live streaming of oral arguments on PH-US defense pact
  • After apologizing, Laude’s boyfriend leaving PH
  • PH soon to get P87M from US for damage to Tubbataha Reefs
  • Asean Community seen as ‘formidable force’
  • AFP apologizes for secretive operation
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