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30 firms commit to gov’t power program for 2015

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electricity

MANILA, Philippines–Thirty business groups have signed up to participate in the Interruptible Load Program (ILP), which is meant to ease power demand in Luzon during the expected power shortage in the summer of 2015, the Department of Energy (DOE) reported on Tuesday. Citing data from Manila Electric Co. (Meralco), the DOE said there were 30 […]

Posted: November 19th, 2014 in Latest Business Stories | Read More »

52 listed PH firms deemed Shariah-compliant

Fifty-two publicly listed companies in the country, including six which are part of the main-share Philippine Stock Exchange index, made it to the latest list of Shariah-compliant companies based on a screening process meant to attract Islamic investors.

Posted: October 9th, 2014 in Headlines | Read More »

Firms urged to adopt inclusive business models

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The Board of Investments (BOI) hopes to offer additional nonfiscal incentives to companies that will adopt “inclusive business” (IB) models or engage in activities that will ease the problems of the poor through the creation of jobs and income, and by providing affordable and relevant services to improve their quality of life.

Posted: October 3rd, 2014 in Headlines | Read More »

More firms relocating to PH

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More companies are seen relocating to the Philippines as well as neighboring Indonesia and Malaysia to tap these countries’ young and educated talent base amid rising labor costs in China, according to global workforce solutions provider ManpowerGroup.

Posted: August 28th, 2014 in Headlines | Read More »

Truck ban continues to hit firms

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INQUIRER FILE PHOTO

Local companies continued to reel from a double whammy of double-digit losses in revenues and equally crippling surges in import- and export-related expenses, given the continued truck congestion and container pile-up at the Port of Manila.

Posted: July 24th, 2014 in Headlines | Read More »

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