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  • Power deficit no bar to ore-export ban

    The Philippines can build the electricity capacity needed to process minerals domestically if a ban on ore exports by 2021 is enforced, according to a lawmaker proposing the bill to congress. The country, the world’s third-biggest producer of nickel…

  • SM group to sell P7-B gaming unit’s shares

    Gaming firm Premium Leisure Corporation (PLC), formerly Sinophil Corporation, is seeking a voluntary suspension of the trading of its shares as its major shareholders go on an international roadshow for the sale of PLC shares. In a disclosure to…

  • Biñan mall eyeing P100-K monthly savings from use of solar power

    Biñan mall eyeing P100-K monthly savings from use of solar power

    For the rooftop solar power facility installation that will be meeting part of its electricity requirements, the Central Mall in Biñan, Laguna is anticipating to generate savings surpassing P100,000 on its monthly electric bills. The facility which has a…

Investment More

  • MNTC sets P22-B infra investments

    The Manila North Tollways Corp. (MNTC), operator of the North Luzon Expressway (NLEX), has vowed to continue investing to expand its tollroad projects that when fully completed will amount to estimated investments of P22 billion to be funded via…

  • Local funds bankroll investments in PH

    Local funds bankroll investments in PH

    While foreign capital should have been the preferred way to fund investments in this country, this is not actually the case with more domestic resources being tapped to bankroll new investments. Data showed that Filipinos have always been ahead…

  • AFAB investments surge to P83.96 B in H1

    The Authority of the Freeport Area of Bataan (AFAB) generated nearly P83.96 billion in committed investments in the first half of 2014, over 138,000 percent higher compared to the pledges that it recorded in the same period last year.…

Banking More

  • Maybank Phils. seeks merger and/or acquisitions

    The Philippine unit of Malaysia’s largest bank, Malayan Banking Bhd., is holding preliminary talks with merger and acquisition targets to expand its domestic business, particularly consumer lending, its top official said. The move is in line with Maybank’s plans…

  • BIR amends importers accreditation rules

    The Bureau of Internal Revenue (BIR) has amended certain policies and procedures in the issuance of importer and customs broker’s clearance certificate that seeks discourage unscrupulous traders and brokers. In its revenue memorandum order 33-2014 dated September 11, 2014,…

  • BSP watching foreign exchange rate volatility

    Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. yesterday said the latest US Federal Reserve’s announcement of an unchanged policy stance is a US dollar-positive move, but it should not increase exchange rate volatility in the near…

Stock Market More

  • Typhoon cancels PSE trading

    The trading at the Philippine Stock Exchange (PSE) on Friday was halted due to Typhoon “Mario,” which also suspends the work of all government offices and some private institutions. State weather bureau Philippine Atmospheric, Geophysical and Astronomical Services Administration…

  • Local shares

    Local shares advanced some more yesterday, buoyed by the record high overnight close of the Dow Jones industrial average in Wall Street after the US Federal Reservee decided to keep key interested rates unchanged at record lows. The benchmark…

  • Asian markets

    Hong Kong – Asian bourses mostly slipped Tuesday before the US Federal Reserve’s monetary policy meeting, and as lingering concerns over Chinese and US economic data weighed on global markets. US stocks finished mixed Monday, with investors cautious ahead…

Shipping More

  • Self-driving cars now need permit in California

    Los Angeles – Computer-driven cars have been testing their skills on California roads for more than four years – but until now, the Department of Motor Vehicles wasn’t sure just how many were rolling around. That changed Tuesday, when…

  • ICAO sees 6% growth in world air passenger traffic in 2014

    The International Civil Aviation Organization (ICAO) forecasts the world scheduled air passenger traffic to grow by 6 percent in 2014, reaching 5.8 trillion passenger-kilometers performed (PKP) and is expected to increase by 6.3 percent in 2015. The 5.5 percent…

  • Boeing ramps up 737 jetliner production

    New York – Boeing Co. appears increasingly likely to boost production of its top-selling 737 jetliners to 52 a month starting in 2018 after the head of its commercial airplanes business spoke about that possibility. “Our focus today would…

Business Agenda More

  • Dealing with stress

    Stress is not just some fancy word you use to describe what you feel after a long work week; neither is it a simple sensation you get after that struggle with a flight of stairs. Stress is defined as…

  • Entrepreneurial leadership

    Entrepreneurial leadership

    Entrepreneurs face challenges and issues that are quite different from corporate managers. As the owner of the company, entrepreneurs have more at stake. They face more risks, which is why they tend to be more involved with every aspect…

  • Mentoring your next manager

    Mentoring your next manager

    A manager is someone who holds a fiduciary relationship with the owner(s) of a company. This means managers hold the utmost trust and confidence of the owners, enough for them to be granted authority to make decisions for the…

Trade More

  • Asia-Pacific trade remains weak – S&P

    Effects of the recent global financial crisis continue to linger as Asia-Pacific’s global trade remains weak, indicating the region’s strong dependence on US and European demand, Standard & Poor’s (S&P) said. In a statement, the debt-watcher said Asia-Pacific’s global…

  • USTDA awards grants to DOTC, AboitizPower for infra projects

    The US Trade and Development Agency (USTDA) recently awarded two major grants in the Philippines, one to Aboitiz Power Corporation (AboitizPower) and the other to the Department of Transportation and Communications (DOTC), demonstrating the USTDA’s long-standing commitment to helping…

  • PAFMIL seeks dumping duty on flour

    Failure to impose definitive dumping duties against imported flour from Turkey would put the local flour millers in peril, the Philippine Association of Flour Millers (PAFMIL) warned. In a statement at a hearing before the Tariff Commission last Tuesday,…

Business Tech More

  • Tech buzz

    • GLOBE EXPANDS FLAT RATE FOR DATA ROAMING TO MORE COUNTRIES Globe Telecom has expanded the coverage of its standard rate for data roaming of P599 per day to 15 more countries, expanding its coverage to a total of…

  • The Pixmatipid printer

    The Pixmatipid printer

    Canon Marketing Inc. (CMPI) answered the need for having low-cost printing for students and and other businesses, Canon introduced the new Canon PIXMA Ink Efficient E400—the go-to printer that aims for affordability and efficiency. The PIXMA E400 is the…

  • ViewSonic readies interactive display models with Ultra-HD

    ViewSonic readies interactive display models with Ultra-HD

    ViewSonic Corp, has recently announced the availability of their interactive smart display models, which feature vibrant and detailed picture quality and HD resolution. The CDE8451-TL and CDE7051-TL models are excellent additions to corporate boardrooms, classrooms, and campuses. “Group interaction…