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Aquino upbeat after trip

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THE PRESIDENT IS HOME President Aquino is welcomed home by Vice President Jejomar Binay and Executive Secretary Paquito Ochoa Jr. as he arrives at Ninoy Aquino International Airport late Thursday night after a 12-day tour of Europe and the United States. The President announced $2.3 billion in investment pledges from foreign businesses. MARIANNE BERMUDEZ

President Benigno Aquino III was upbeat upon his return from a 12-day trip in the United States and Europe, announcing the prospect of 33,000 jobs in the offing.

Posted: September 27th, 2014 in Latest Business Stories | Read More »

Beetle makes Manila comeback

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Beetle 1.4 TSI. Photo by M 93/Wikimedia Commons/CC-BY-SA-3.0 (DE)

Ayala Auto Holdings Corp. has brought back to the Philippines the iconic “Beetle” to add to the growing line-up of Volkswagen vehicles being made available in the country.

Posted: April 3rd, 2014 in Latest Business Stories | Read More »

Divided we… can’t borrow

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The family rift at the Ortigas clan’s flagship property firm OCLP Holdings is causing much more than delays to potential takeovers by perennial rival suitors Ayala Land Inc. of the Zobels and the SM Group of taipan Henry Sy, both of which remain acquisition-hungry.

Posted: February 4th, 2014 in Headlines | Read More »

Volkswagen says new SUV coming to US in 2016

THE VOLKSWAGEN plant in Wolfsburg, Germany. AP

Volkswagen’s new seven-passenger SUV will go on sale in the U.S. in 2016.

Posted: January 13th, 2014 in Latest Business Stories | Read More »

Biz Buzz

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So Europe’s largest carmaker, Volkswagen AG, is back in the Philippines … but only with diesel-powered models.

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

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