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Aboitiz accepting donations for ‘Pablo’ victims

The Aboitiz Group, led by the Aboitiz Foundation, is now accepting donations for victims of supertyhoon ‘‘Pablo” which devastated parts of Mindanao last week.

Posted: December 13th, 2012 in Latest Business Stories | Read More »

‘Pablo’ farm damage at P11.23B; bananas hit hardest

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International Finance Corp. (IFC), the private sector funding arm of the World Bank, is working with partners to design new insurance products that aim to protect Filipino farmers against costly typhoon-related losses.  AP/BULLIT MARQUEZ

Damage to agriculture due to Typhoon “Pablo” has reached P11.23 billion as of Dec. 10, 2012, the Department of Agriculture (DA) reported Tuesday.

Posted: December 12th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Banana growers in Mindanao lose $318M

Cavendish bananas from Mindanao. INQUIRER FILE PHOTO

The Philippines, the world’s third largest exporter of bananas, lost a quarter of its crop in Typhoon “Pablo,” an industry group said Thursday, adding that it has also likely spread a destructive pest.

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

World Bank cuts Philippines growth forecast

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For the second time this year, World Bank revised its annual growth forecast for the Philippines, citing lower demand for Manila’s exports and the impact of natural disasters on the local economy.

Posted: November 23rd, 2011 in Latest Business Stories | Read More »

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