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Indian businessmen interested in setting up firms in PH

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pharmaceuticals

Prospective investors from India are eyeing business opportunities in the Philippines and are interested in setting up their manufacturing facilities here, according to the Department of Trade and Industry.

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

DA chief to lobby for eased import tariffs on bananas

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Agriculture Secretary Proceso Alcala. FILE PHOTO

Agriculture Secretary Proceso Alcala has told banana exporters he will personally lobby for the lowering of tariff for Cavendish banana in Korea and Japan.

Posted: March 9th, 2014 in Latest Business Stories | Read More »

Skyway Stage 3 to cut Buendia-Balintawak travel to 15 minutes

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skyway_aquino-kristine

The launch of the first of two private sector-led elevated expressways linking northern and southern Metro Manila was held on Wednesday, marking the formal start of a major infrastructure project aimed at easing traffic jams in the metropolis.

Posted: January 22nd, 2014 in Latest Business Stories | Read More »

PH economy expands by 7% in 3rd quarter

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FILE PHOTO

The Philippine economy expanded 7 percent in the third quarter from a year ago on the back of rising investments, household consumption and government spending, making it one of the fastest-growing in Asia.

Posted: November 28th, 2013 in Latest Business Stories | Read More »

DOTC to drop gambling probe on Torres once she retires—Abaya

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LTO Assistant Secretary Virginia Torres (middle)   Contributed photo

The Department of Transportation and Communications is likely to drop an internal investigation into the gambling activities of the Land Transportation Office’s top official, Virginia Torres, who announced on Tuesday her retirement by the end of the month.

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

BOC won’t meet collection target for 2013 due to slow imports–Biazon

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Customs Commissioner Ruffy Biazon: Blames corruption. INQUIRER.net FILE PHOTO

Embattled Customs Commissioner Rozzano Rufino Biazon admitted on Tuesday, that the Bureau of Customs, which took a beating during the President’s latest State of the Nation Address due to its failure to curb corruption and smuggling, would miss its revenue collection target for 2013.

Posted: July 23rd, 2013 in Latest Business Stories | Read More »

Aquino confident economy will continue or even surpass high growth rate in Q2

By
President Benigno Aquino III  Malacañang Photo Bureau(file)

Buoyed by the robust 7.8-percent growth in the first quarter, President Benigno Aquino III on Monday expressed confidence that the economy would grow at the same rate or even faster in the second quarter.

Posted: June 3rd, 2013 in Latest Business Stories | Read More »

Chinese-Filipino traders may stop school program after tax evasion allegations

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filipino-chinese-chamber

Chinese-Filipino businessmen are still smarting from President Aquino’s allegations that some of its members have been evading taxes.

Posted: May 2nd, 2013 in Latest Business Stories | Read More »

Gov’t urged to prioritize agriculture, tourism in creating jobs

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Korean tourists enjoy horse-riding in Baguio city’s Wright Park on Christmas Day last year. Local and foreign economic experts have recommended to President Aquino that his government make tourism and agriculture the priority sectors for infrastructure support and development to create more jobs.  PHOTO BY RICK ALBERTO

To the President: Make agriculture and tourism the priority sectors for infrastructure support and development to create more jobs.

Posted: February 8th, 2013 in Latest Business Stories | Read More »

Aquino: There are jobs but no applicants

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President Benigno Aquino III. FILE PHOTO

Hounded by criticism that economic growth has not resulted in jobs, President Aquino said on Tuesday that jobs have always been available, but that job applicants have not been able to provide the skills required for employment.

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

Hanjin threatens to cut down operations

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Thousands of workers of a Korean shipbuilder may lose their jobs because of the European financial crisis and the government’s failure to make good on its commitment to provide power incentives, a top official of the company said.

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

Aquino, Cabinet approve P113-B worth of infrastructure projects

By
President Benigno Aquino III. FILE PHOTO

After hours of meeting, President Benigno Aquino III and his Cabinet approved, on Thursday night, 11 infrastructure projects worth more than P100 billion, including a key project connecting the North Luzon Expressway with the Southern Luzon Expressway and the Cavite-Laguna Expressway.

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

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