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Cebu Pacific increases flights to meet demand


Cebu Pacific Air, the country’s largest budget carrier, is increasing international and domestic capacity amid an expected boost in passenger traffic during the summer months, a statement on Tuesday showed.

Posted: April 16th, 2014 in Headlines | Read More »

Hong Kong stocks open 0.36 percent lower

An electronic board showing the Hong Kong share index is seen at a commercial building in Hong Kong Thursday, April 10, 2014. China has unveiled a plan that would give foreign investors greater access to its stock market by allowing investors in Shanghai and Hong Kong to trade shares on each other's exchanges. AP/Vincent Yu

Hong Kong shares slipped 0.36 percent in the first few minutes of trade Friday, in line with regional losses following a sell-off on Wall Street.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Hong Kong probes alleged forex rigging

A man and a woman walk past high rise buildings in Hong Kong on April 1, 2014. The Asian Development Bank said on April 1 growth in developing Asia will edge higher over the next two years, but faces being constrained by China's campaign to cool its economy. AFP

Hong Kong’s de facto central bank on Tuesday said it was investigating numerous banks for alleged foreign exchange market manipulation, the latest in a series of international probes.

Posted: April 1st, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

HK-PH commercial ties remain ‘very strong’


Commercial ties between the Philippines and Hong Kong remain robust despite a lingering issue between the governments of both, regarding a hostage crisis that resulted in the death of tourists from the territory in 2010.

Posted: March 29th, 2014 in Headlines | Read More »

Cathay Pacific says net profit tripled in 2013


Hong Kong flagship carrier Cathay Pacific said Wednesday net profit more than tripled last year thanks to a rise in demand from Chinese travellers and fuel cost-saving measures.

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Asean free trade agreement with HK expected to benefit PH

The Association of Southeast Asian Nations is eyeing to forge a free trade agreement with Hong Kong, which is seen to benefit the Philippines significantly.

Posted: March 6th, 2014 in Headlines | Read More »

Hong Kong stocks flat by break

A man walks past a screen displaying stock index outside a local bank in Hong Kong. AP FILE PHOTO

Hong Kong shares ended the morning session flat Monday, bucking a regional advance despite a healthy lead from Wall Street.

Posted: February 10th, 2014 in Latest Business Stories | Read More »

Few employers in Asia take measures to lessen stress—survey


Except in China, stress has been ranked as the No.1 lifestyle risk factor—higher than physical inactivity and obesity—by all employers it surveyed in Asia and the Pacific, the professional services company Towers Watson said Wednesday.

Posted: January 29th, 2014 in Latest Business Stories | Read More »

Hong Kong stocks open 0.38 percent lower

A man walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Monday, Aug. 12, 2013. Asian markets rose Tuesday with Tokyo lifted by a weaker yen ahead of fresh numbers that will give an indication of the strength of the US economy.  AP PHOTO/VINCENT YU

Hong Kong shares slipped 0.38 percent in opening exchanges Friday following losses on Wall Street that were fuelled by soft corporate and economic news.

Posted: January 17th, 2014 in Latest Business Stories | Read More »

Asian shares mostly up as tough year draws to a close

asian shares

Asian markets rose on Monday, with Tokyo cheered by the yen hitting a five-year low against the dollar, while traders are in a broadly upbeat mood as they wind down for the end of a mixed year.

Posted: December 30th, 2013 in Latest Business Stories | Read More »

Hong Kong stocks up 1.25 percent at lunch

A man walks past a screen displaying stock index outside a local bank in Hong Kong. AP FILE PHOTO

Hong Kong shares jumped 1.25 percent on Friday morning as President Barack Obama and Republicans held talks to end a budget stand-off that threatens to plunge the US into default.

Posted: October 11th, 2013 in Latest Business Stories | Read More »

Alibaba slams HK exchange after IPO talks fail


A senior Alibaba executive has criticized the Hong Kong stock exchange for not allowing the Chinese e-commerce giant to go public with its unique management structure.

Posted: September 27th, 2013 in Latest Business Stories | Read More »



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