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Oil falls toward $110 after hitting 2-year high

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The price of oil fell Monday, edging off a two-year high as the likelihood of a U.S. attack against Syria appeared to diminish.

Posted: September 9th, 2013 in Latest Business Stories | Read More »

ABS-CBN taps new partner for Middle East market

ABS-CBN Corp., the listed television broadcast arm of the Lopez Group, has tapped a new partner to offer additional channels aimed at Filipinos based in the Middle East.

Posted: April 29th, 2013 in Headlines | Read More »

PAL launches new routes to Australia, China, Middle East

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Pursuing an aggressive route expansion, flag carrier Philippine Airlines (PAL) on Wednesday announced the launching of flights to six (6) new destinations in Australia, China and the Middle East.

Posted: March 6th, 2013 in Latest Business Stories | Read More »

AirPhil eyes flights to Kuwait

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Low-cost carrier AirPhil Express has bared plans to start long-haul operations to the Middle East, going head-to-head with industry leader Cebu Pacific.

Posted: January 28th, 2013 in Editor's Pick,Headlines | Read More »

Oil prices up in Asia on Middle East fears

A woman waits beside a taxi fuelling up at a Sinopec gas station in Beijing.   AFP FILE PHOTO

Crude prices rose in Asia Monday after UN chief Ban Ki Moon warned that Israel’s new resettlement plans would deal an “almost fatal blow” to any prospects for peace with Palestinians, analysts said.

Posted: December 3rd, 2012 in Latest Business Stories | Read More »

WHO: 2 more cases of new virus in Jordan

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International health officials have confirmed two more fatal cases of a mysterious respiratory virus in the Middle East.

Posted: December 1st, 2012 in Latest Business Stories | Read More »

Oil prices rise on Middle East tensions

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Oil prices rose Friday on concerns about supply in the wake of the latest burst of violence in the Middle East.

Posted: November 18th, 2012 in Latest Business Stories | Read More »

Oil price rises on Middle East conflict fears

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FILE PHOTO

Oil prices rose Monday after violence in Lebanon sparked fears of wider unrest in the Middle East.

Posted: October 22nd, 2012 in Latest Business Stories | Read More »

Crude up in Asia on Middle East tensions

AP FILE PHOTO

Crude oil prices rose in Asia Thursday with Middle East supply risks coming to the fore after Turkey warned Syria of a tougher response if artillery shellings continue, analysts said.

Posted: October 11th, 2012 in Latest Business Stories | Read More »

Global refining industry shifts to Middle East

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A flame from a Saudi Aramco oil installion known as "Pump 3" is seen in the desert near the oil-rich area of Khouris, 160 km east of the Saudi capital Riyadh, on June 23, 2008. As high oil prices and improved efficiency force refineries in the US and Europe toward closure, the industry is shifting toward the Middle East and Asia in a move fueled by a thirst for energy among emerging economies.  AFP PHOTO/MARWAN NAAMANI

As high oil prices and improved efficiency force refineries in the US and Europe toward closure, the industry is shifting toward the Middle East and Asia in a move fueled by a thirst for energy among emerging economies.

Posted: October 7th, 2012 in Latest Business Stories | Read More »

PH retailer expands in Middle East

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Retailer Penshoppe plans to expand its footprint in the oil-rich Middle East region where it aims to have 54 stores over the next five years as part of its ambition to globalize and become “the most admired Asian fashion brands company.”

Posted: September 24th, 2012 in Headlines | Read More »

Pancake House embarks on 5-year overseas expansion

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Homegrown casual dining chain Pancake House Inc. is embarking on an overseas expansion program that aims to build a network of 300 stores—or as big as the scale of its current domestic business—in the next five to seven years.

Posted: July 2nd, 2012 in Headlines | Read More »

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