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BOC loses bid to reverse dismissal of case vs Pilipinas Shell

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The Court of Appeals stood pat on its earlier ruling dismissing the case against Pilipinas Shell Petroleum Corporation (PSPC) over its alleged use of fraudulently obtained tax-credit certificates (TCCs).

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

Most Filipinos are more at home in suburban villages—INQUIRER.net poll

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Most Filipinos prefer to live in a single detached house in suburban villages than a condominium unit in the city, an INQUIRER.net survey revealed Tuesday.

Posted: June 18th, 2013 in Latest Business Stories,Property Guide | Read More »

Credit card policy for protection vs fraud, says airline firm

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AFP file photo

A budget airline firm whose credit card policy has incurred the ire of several passengers bound for Singapore last Tuesday insisted that this was “common practice” in the industry and meant as protection against “fraudulent purchases”.

Posted: June 14th, 2013 in Latest Business Stories | Read More »

Airline firm’s credit card policy irks passengers

AFP file photo

Several passengers bound for Singapore early Wednesday were irked over a policy by an airline company, which refused to honor their tickets that were paid for online with credit cards owned by either their companies or by their travel agencies.

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

Oil price regulation pushed anew

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INQUIRER.net FILE PHOTO

The Alliance of Concerned Transport Operators [Acto] may have renewed its call to increase the minimum jeepney fare by P2 but fellow transport group, Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide [Piston], insisted that the solution to their fare problems was the regulation of the price of petroleum products.

Posted: June 10th, 2013 in Latest Business Stories | Read More »

Pagcor generates P107B in revenue

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After barely three years since the new leadership took office in 2010, the Philippine Amusement and Gaming Corporation (Pagcor) has generated over P107 billion in gross revenue, it said on Wednesday.

Posted: June 5th, 2013 in Latest Business Stories | Read More »

CA maintains decision stopping coal-fired power plant project in Subic

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The Court of Appeals maintained its earlier decision dismissing the writ of kalikasan against the planned 600-megawatt coal-fired power plant of Redondo Peninsula Energy Inc. (RP Energy) allowing the power firm to finally pursue its $1.28 billion project.

Posted: May 28th, 2013 in Latest Business Stories | Read More »

Aquino talks about PH’s ‘bright future’ in CNA documentary Wednesday night

ABC’s Carleen Krug with President Aquino

Asia Business Channel, an independent production house specializing in exclusive country profiles, will be airing its second investment documentary, entitled, “The Philippines: Back to a Bright Future,” on Channel News Asia this Wednesday, May 22 at 8:30 p.m.. The program is a follow up to the success of, “The Philippines Moves Forward,” which aired in December of last year on Channel News Asia.

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

Volvo Philippines launches luxury 5-door, 5-seater hatchback

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The All-New Volvo V40, a modern expressive car, with characteristics from larger Volvos wrapped in a sleek, compact package, is now in the Philippines. This 5-door, 5-seater luxury hatchback combines trendsetting design with class-leading driving dynamics.

Posted: May 21st, 2013 in Motoring,Photos & Videos | Read More »

Chevrolet Posts 10th Straight Quarter of Record Global Sales

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Chevrolet sold more than 1.18 million vehicles around the world in the first quarter of 2013 achieving its 10th consecutive quarter of record global sales on the strength of products like the Cruze compact car which recently surpassed the 2 million mark in total global sales since its launch in 2009.

Posted: May 21st, 2013 in Inquirer Features,Motoring | Read More »

Ayala Corp. nets P4.5B in first quarter

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Conglomerate Ayala Corp. grew its first quarter net profit by 29 percent year-on-year to P4.5 billion driven by the strong performance of its banking and property businesses.

Posted: May 15th, 2013 in Latest Business Stories | Read More »

Phoenix hikes gas prices

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PHOTO FROM PHOENIXPHILIPPINES.COM

Independent oil firm Phoenix Petroleum Philippines increased prices of its petroleum products starting Tuesday at 6 a.m.

Posted: May 14th, 2013 in Latest Business Stories | Read More »

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