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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 »

7 firms face tax evasion charges

The Bureau of Internal Revenue AFP FILE PHOTO

The Bureau of Internal Revenue on Thursday filed charges against seven Metro Manila companies and 13 individuals for allegedly evading the payment of about P390 million in taxes.

Posted: July 4th, 2014 in Latest Business Stories | Read More »

Rationalized tax perks to make PH attractive

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The fight to cut down excessive corporate incentives would make the Philippines a more attractive investment destination as a more rationalized framework should give risk-taking entrepreneurs a slight edge over established players.

Posted: June 2nd, 2014 in Headlines | Read More »

20 East Asia firms named global growth units

Finance Secretary Purisima gestures during a news conference on the forthcoming World Economic Forum in East Asia on Thursday, May 15, 2014, at the financial district of Makati. To his left is Sushant Palakurthi Rao, senior director-head of the Asia WEF, and to his right is Tourism Secretary Ramon Jimenez Jr.  AP PHOTO/BULLIT MARQUEZ

The World Economic Forum on Wednesday announced its selection of Global Growth Companies (GGCs) in East Asia, consisting of 20 of the region’s most dynamic and high-growth companies.

Posted: May 22nd, 2014 in Headlines | Read More »

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