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Jollibee putting up shop in UAE

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Homegrown fast-food chain Jollibee Food Corp. (JFC) is expanding its footprint in the Middle East with a new joint-venture deal that will bring flagship brand Jollibee to oil-rich United Arab Emirates.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

Gov’t cuts PH import/export target for 2014

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The government’s economic cluster has cut the country’s import and export growth target for 2014, taking into account latest indicators of global demand.

Posted: November 29th, 2013 in Latest Business Stories | Read More »

Biz Buzz: Who’s buying into PAL?

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Call it a process of price discovery. Taipan Lucio Tan has put the group’s remaining 51-percent stake in flag carrier Philippine Airlines on the block but its strategic partner, San Miguel Corp., is not ready to declare that it is buying this stake. However, SMC, at the end of the day, has the right of first refusal on this block, given its shareholders’ agreement with the LT group. If it does not like the new investor, it can match the offer.

Posted: June 12th, 2013 in Headlines | Read More »

Auto brands kick up 1st quarter storm: New model launches set one after the other

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As sales of vehicle assemblers belonging to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) reported a sales growth of 11 percent last year—156,649 vehicles compared to 141,170 units sold in 2011—its members are expecting an already robust first-quarter sales performance.

Posted: January 16th, 2013 in Motoring | Read More »

PH among top 10 with least gender disparity

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Members of the Women in Construction Foundation Inc. The Philippines still leads Asian countries in reducing inequality between men and women, according to the 2012 Global Gender Gap rankings of the World Economic Forum (WEF).

The Philippines still leads Asian countries in reducing inequality between men and women, according to the 2012 Global Gender Gap rankings of the World Economic Forum (WEF).

Posted: October 29th, 2012 in Latest Business Stories | Read More »

BDO’s $1B rights offer OK’d for June

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The Philippine Stock Exchange has approved a $1-billion stock rights offering planned by Banco de Oro Unibank for next month, an exercise meant to boost the core capital and growth objectives of the country’s largest bank.

Posted: May 25th, 2012 in Latest Business Stories | Read More »

PH officials look forward to mass adoption of GMOs

Genetically altered crops with multiple genes from other organisms are expected to increase in number as more Filipino growers adopt them.

Posted: January 30th, 2012 in Headlines | Read More »

PH looks beyond US as global economy shifts

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There is a popular expression that goes “when America sneezes, the Philippines catches a cold.” This goes to show how Washington rocks Manila’s world, economically. While the United States may still hold sway today, other trade and economic relationships are coming to the fore, economists said. Manila is apparently “decoupling” from the US, as Gilberto [...]

Posted: December 31st, 2011 in Editor's Pick,Headlines | Read More »

Philippine stocks continue to weaken

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MANILA, Philippines—Local stocks tumbled further on Tuesday as the weak global investor sentiment kept most investors on the sidelines. The main-share Philippine Stock Exchange index shed 35.91 points, or 0.93 percent, to close at 3,829.92. Global markets were jittery after Greece said it might not be able to slash its budget deficit in line with [...]

Posted: October 4th, 2011 in Featured Gallery,Latest Business Stories | Read More »

Philippine stocks slightly higher amid bargain-hunting

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The local stock market struggled to remain in positive territory on Thursday but bargain-hunting firmed up the main index despite the temptation to join the profit-taking seen in offshore markets.

Posted: September 29th, 2011 in Featured Gallery,Latest Business Stories | Read More »

Philippine exports to EU up 40% to 5.4B euros

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The value of goods shipped from the Philippines to members of the European Union jumped 40 percent to 5.4 billion euros (P337.7 billion) in 2010, moving the country up to the No. 42 slot on the EU’s list of top trading partners. Citing figures from the EU-Philippines Trade Factfile 2010, EU Ambassador Guy Ledoux said [...]

Posted: June 29th, 2011 in Headlines | Read More »

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  • Show-biz celebrities’ other choices of summer getaway
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  • Top-selling insurance agent opens her dream café
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  • Why Mandaue Foam buys, rather than rents, space
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  • Cesar Chavez movie sparks memories of Fil-Am labor leaders
  • Filipinos in US poised for success
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