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  • The travails of home-workers

    The travails of home-workers

    With improving access to the internet, it has become possible for Filipinos to work without actually leaving home. Flexible hours or work from home concepts have become popular for both employees and home-based small business owners. More and more…

  • Silliman students’ business ideas featured in Robinsons mall

    Silliman students’ business ideas featured in Robinsons mall

    As part of Robinsons Land Corporation’s Corporate Social Responsibility initiative, Robinsons Place Dumaguete will be launching Silliman University’s 6th Entrep Corner—a project-partnership that aims to champion the entrepreneurial spirit of the youth and provide a platform to showcase  their…

  • AUB seen sustaining growth up to 2017

    AUB seen sustaining growth up to 2017

    Asia United Bank (AUB) has been given the second highest issuer rating of PRS Aa (corp.) by Philippine Rating Services Corporation (PhilRatings) as the bank is seen sustaining its profit growth rate from 2015 to 2017. PhilRatings said a…

Investment More

  • PSPC’s Korean parent gets $116.32M cash infusion from new investor

    PSPC’s Korean parent gets $116.32M cash infusion from new investor

    Phoenix Semiconductor Philippines Corporation’s (PSPC) Korean parent company, STS Semiconductor & Telecommunications, Co. Ltd. (STS), has found a white knight to provide it with a US$116.32 million cash infusion. In a disclosure to the Philippine Stock Exchange, PSPC said…

  • Uber plans $1 billion China investment: report

    Uber plans $1 billion China investment: report

    Beijing, China | AFP – Taxi hailing app Uber plans to invest seven billion yuan ($1.1 billion) in China, the Financial Times reported on its website, citing a company email. The paper said it obtained the message sent to Uber investors this week…

  • Century Properties to invest P27B in five years

    Century Properties to invest P27B in five years

    Century Properties Group, Inc. is investing P27 billion over the next five years to beef up its real estate portfolio which includes economic housing, residential towers, leasing property, and leisure and tourism projects. In an analysts’ briefing, Century Properties…

Banking More

  • New $100 bn BRICS bank opens in China to challenge US-led lenders

      by Bill SAVADOVE Shanghai, China | AFP  – A new $100 billion international bank dedicated to the emerging BRICS countries opened in China’s commercial hub Shanghai on Tuesday, officials said, as an alternative to other multilateral lenders. The “New Development Bank”, backed…

  • EU ministers to thrash out Greek debt deal

    EU ministers to thrash out Greek debt deal

    by Sophie MAKRIS Athens, Greece | AFP Eurozone finance ministers are set to hold new talks Wednesday to thrash out the details of a Greek debt deal, with officials terming the next 48 hours “decisive” as the clock ticks on a deadline…

  • Citigroup to close Banamex USA: report

    Citigroup to close Banamex USA: report

    New York, United States | AFP  –Citigroup bank is expected to close the US unit of its Mexican banking subsidiary Banamex after it was accused of weak money-laundering controls, the Wall Street Journal reported Sunday. Based in Century City, California, Banamex USA…

Stock Market More

  • Cirtek seeks SEC nod to raise shares P3-B

    Listed Cirtek Philippines Holdings Corp. has formalized its plan to do a follow-on offering at the local bourse more than four years after its maiden share sale to the public. The company is now planning to raise nearly R3…

  • Holding firms still on the spotlight

    Philippine shares will have to bear with conflicting leads in the next few days as ghost month approaches, which will coincide with the second quarter earnings season. Nevertheless, holding firms in the index, in general, are still expected to…

  • Ayala firm builds $1-B coal-fed plant in Mindanao

    A unit of  conglomerate Ayala Corporation said yesterday construction of a $1-billion coal-fired power plant in the south of the archipelago was under way, as it reaffirmed plans to build an energy portfolio of up to 1,000 MW. AC…

Shipping More

  • Bidder ICTSI skeptical over Davao-Sasa Port project viability

    While admitting interest on the R18.99-billion Davao-Sasa Port Modernization Project, listed company International Container Terminal Services Inc. (ICTSI) remains skeptical about the viability of the project. ICTSI Vice President and Head of Asia Pacific Region Christian Gonzalez said that…

  • Uber cars bashed in Mexico; cabbies protest rideshare apps

    Uber cars bashed in Mexico; cabbies protest rideshare apps

    Mexico City – A raucous crowd attacked Uber drivers and their vehicles with clubs and stones outside the Mexico City airport, the company said, as licensed taxi drivers demonstrated to demand a “total halt’’ to app-based rideshare services in…

  • Japan Airlines reports soaring profit

    Tokyo – Japan Airlines (JAL) said net profit in the April-June quarter more than doubled thanks to a jump in tourist arrivals and a drop in fuel costs. The carrier’s net profit came in at 32.61 billion yen ($263…

Business Agenda More

  • CSR programs need more collaboration

    CSR programs need more collaboration

    Philippine businesses are encouraged to drive up its corporate social responsibility (CSR) programs and to work more with the government especially in the education sector, to ensure sustainability of school-based agendas. During the recently-held League of Corporate Foundations Expo…

  • Finding a nook

    Finding a nook

    At seven, Nicole Guanio borrowed P100 from her dad so she can buy and sell snack items in front of their house in Mindoro. At one time, she even sold siomai and gulaman inside a cemetery during All Saints…

  • Growth in the eyes of ordinary Filipinos

    Growth in the eyes of ordinary Filipinos

    Elmarie B. Basmayor, 39, a mother to a brood of six, would have agreed with the IMF’s global report that an expanding economy does not mean the poor folks’ lives are improving. Had she known of the IMF assessment,…

Trade More

  • China economy shows more weakness as imports, exports fall

    China economy shows more weakness as imports, exports fall

    Beijing, China | AFP – Chinese imports fell for a seventh straight month in May while exports also sank, data showed Monday, as the world’s second biggest economy shows protracted weakness in the face of government easing measures. The disappointing figures also come…

  • PH energy sector: Will it be left out in the AEC?

    PH energy sector: Will it be left out in the AEC?

    The Philippine energy sector is literally and figuratively having a ‘buffet of problems’ – and these have been giving industry players major headaches. Now, this is the question begging for an answer: Will the Philippine energy sector be able…

  • Japanese firms see ASEAN’s rising importance over China

    Japanese firms see ASEAN’s rising importance over China

    While many of Japanese manufacturers still continue to recognize the importance of China as a “manufacturer of the world,” only a minority said that China could maintain this status into the future as more Japanese firms anticipate ASEAN to…

Business Tech More

  • When innovation meets vision

    When innovation meets vision

    Meralco has always been discovering means on how to improve not only its services and products to consumers but also new techniques and methods on enhancing the skills of its employees. Imagine a state of the art facility wherein…

  • Google Apps for Work for SMEs now available via PLDT SME Nation

    Google Apps for Work for SMEs now available via PLDT SME Nation

    In this digital age of borderless work spaces and online marketplaces, an efficient system of collaboration is crucial for SMEs (small to medium enterprises) to thrive. To help SMEs improve operational efficiencies, enhance productivity and consequently, improve revenues, PLDT…

  • Tech Buzz

    Tech Buzz

    • OLX PROMOTES THE CLASSIFIEDS LIFESTYLE TO MORE FILIPINOS One year after its rebranding, OLX Philippines, the country’s leading buy and sell platform, announced it is now focusing on leveling the online classified ads   landscape to provide users with…