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On top of the shame campaign they have to endure in social media —“Epal” politicians now face tighter audit that will hopefully curb self-promotion at the expense of public funds. Invoking its exclusive authority to promulgate accounting and auditing rules, such as to weed out “irregular, unnecessary, excessive, extravagant or unconscionable” state expenditures, the Commission on Audit has mapped out an “anti-Epal” blueprint for the first time. Just in time for the mid-term elections this year and ahead of the 2016 presidential polls.

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

Biz Buzz: Reunion with Bill Gates

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It was not part of his tight schedule during his trip to Davos but (WEF) newbie P-Noy had a brief encounter with the iconic Bill Gates coming out of a meeting with WEF founder and executive chair Klaus Schwab. Emerging from the meeting with Schwab, it so happened that Gates was the next person in line so the two were able to exchange pleasantries and pose for photos. The chance encounter with Gates—a long-time WEF backer and regular Davos attendee—took about three minutes.

Posted: January 28th, 2013 in Headlines | Read More »

Filipinos want to be stuck in traffic in a Rolls-Royce

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There are days when you feel that there are just too many cars out on the streets. The nightmarish traffic of the last holiday season certainly fueled much of that sentiment. But hasn’t it occurred to you that, maybe, just maybe, you may have just gotten bored with the sight of the same type of vehicles that cause your daily dose of road gridlock?

Posted: January 16th, 2013 in Featured Gallery,Motoring,Photos & Videos | Read More »

Biz Buzz: DBP ins and outs

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One of the biggest challenges Gil Buenaventura will face when he reemerges from a short-lived retirement on October 22 to become the new president of Development Bank of the Philippines is to fill up a shrinking plantilla.

Posted: October 3rd, 2012 in Headlines | Read More »

Meeting the man who manages the world’s largest Rolls-Royce fleet

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FROM a young age, Martin Oxley has had an association with the world’s finest motor car brand: Rolls-Royce.

Peninsula Hotel, and you can’t help envision the hotel’s grand façade flanked by some of the world’s most prestigious vehicles. For the flagship Peninsula Hong Kong, that means no less than 14 Rolls-Royce Phantom limousines, with extended wheelbase, and customized via the company’s bespoke equipment program.

Posted: August 8th, 2012 in Motoring | Read More »

Cebu Pacific signs $280M jet maintenance deal with Rolls Royce

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Cebu Pacific has signed a $280-million deal with auto and aviation company Rolls Royce for the maintenance of jet engines to be used on as many as eight long-haul aircraft the airline will add to its fleet next year.

Posted: June 6th, 2012 in Latest Business Stories | Read More »

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