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Trading firm gets P1.75-B funding

A WORKER stirs heated sugarcane juice at the Raw Brown Sugar Milling Co. Inc. muscovado factory.

All Asian Countertrade Inc. (AACI), a leading sugar and commodities trading firm in the country, has raised P1.75 billion from a series of private debt deals solely managed by China Bank.

Posted: September 20th, 2014 in Headlines,Latest Business Stories | Read More »

Seized counterfeit goods hit P8B

PHILIPPINE authorities slash and tear bogus products to mark World Anti-Counterfeit Day. According to global luxury brand Louis Vuitton, the price of imitation goods sold on the market may be low, but it exacts a higher cost on the children who help produce these illegal products.

The total value of counterfeit and pirated products seized by the National Committee on Intellectual Property Rights (NCIPR) has reached P8 billion in the first eight months of the year, due largely to the government’s aggressive efforts to enforce intellectual property rights in the country.

Posted: September 20th, 2014 in Headlines,Latest Business Stories | Read More »

E-trike program may cover co-ops

DOE Secretary Jericho Petilla. AP FILE PHOTO

The Department of Energy (DOE) is keen on expanding its $504-million e-trike program to include cooperatives, instead of the original plan to limit availment to government channels.

Posted: September 20th, 2014 in Headlines,Latest Business Stories | Read More »

SBMA bent on giving Subic a facelift

BIG VOLUME  In 2011, container throughput in Subic Bay reached 27,600 twenty-foot equivalent units, a growth of 7.8 percent over 2010 and the highest volume recorded since 2007.

The Subic Bay Metropolitan Authority (SBMA) is bent on revitalizing the tourism industry at the Subic Bay Freeport and bring it at par with other popular tourist attractions found in Singapore and Guam.

Posted: September 20th, 2014 in Headlines,Latest Business Stories | Read More »

More security features to protect Smart subscribers

Smart Communications Inc. is hosting group of venture capitalists led by US-based business accelerator 500 Startups that is on an investment mission in Manila, alongside IdeaSpace, Voyager Innovations Inc., Smart Developer Network and Smart Bro.

Smart Communications Inc., a unit of Philippine Long Distance Telephone Co., said it was fortifying its efforts to protect its subscribers from scams, which are anticipated to rise during the Christmas season.

Posted: September 20th, 2014 in Headlines,Latest Business Stories | Read More »



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  • Malampaya probe reset
  • Ex-Mindoro official charged in quarrying
  • Step up immunization of children, LGUs urged
  • Aquino happy with gov’t response to ‘Mario’–Secretary Roxas
  • Sports

  • 5 teams passed on ‘young colt’ Derek Jeter before Yankees
  • Recounting the moments that defined Derek Jeter
  • Bulldogs gain semis
  • A likeable foe for Pacquiao
  • China seizes 3 golds
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  • Gourmet coffee, healthy veggies–why Tagaytay is now a foodie destination
  • Jewelmer Joallerie celebrates ‘The Miracle of the Golden Pearl’
  • Helen calls it ‘luck’; friends call it untiring service
  • Hope–and help–for cancer patients
  • A wife’s unique plan for her husband’s 70th birthday
  • Entertainment

  • Lav’s Locarno winner screens Sunday
  • Snapped
  • ‘The ’90s: The Decade That Connected Us’
  • ‘We’re no longer amused by anarchy’
  • Insider pits foe vs family
  • Business

  • Executives develop a taste for Scotland’s single malts
  • Marginalized farmers get lessons on sufficiency
  • Former banker charts winning course of FEU
  • Tarlac town profits from ‘ylang-ylang’ oil
  • Alibaba stock soars in jubilant trading debut
  • Technology

  • ‘Yolanda’ aid goes viral with lots of thanks to netizens
  • Online piracy thrives in Internet cloud–study
  • Review: Larger iPhones eliminate reason to switch
  • Apple locks itself out of devices with passwords
  • Amazon unveils new Fire tablets and Kindle e-readers
  • Opinion

  • Small is beautiful
  • The two faces of authoritarianism
  • Bar exam and legal education (3)
  • Development after lahar
  • God’s Word and work
  • Global Nation

  • OFWs rue loss of special lane
  • Aquino to deliver four speeches in three days with Boston on his mind
  • Identity crisis spawns 2 books by awarded, UK-based Filipino Candy Gourlay
  • ‘Mission accomplished’: Aquino ends Europe trip, heads for Boston
  • Mother, son succeed in Land Down Under
  • Marketplace