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  • Jobs growth worries ECOP

    Jobs growth worries ECOP

    Even with the improvement in the country’s jobless rate, the Employment Confederation of the Philippines (ECOP) said unemployment will continue to be a problem and urged government to implement measures and programs that will sustain hiring. ECOP President Edgar…

  • Meralco reviews consumption, rates as fuel prices fall

    Meralco reviews consumption, rates as fuel prices fall

    The collapse in fuel prices which may trigger reduction in electricity rates is being re-assessed by Manila Electric Company (Meralco) as such may stimulate demand growth that could put power supply-demand forecasts in quandary. Meralco president Oscar S. Reyes…

  • Young working mom sees PH’s hidden advantages

    Young working mom sees PH’s hidden advantages

    Lea Abejo, 29, has no plan of leaving the country in search of higher pay. Her reasons are personal and plenty to do about security concerns. She hopes that one day her decision to stay put will prove her…

Investment More

  • Capitol Steel invests P1.8B  for plant modernization

    Capitol Steel invests P1.8B for plant modernization

    Capitol Steel Corp. is investing P1.8 billion for a two-phased modernization program of its reinforcing steel bars (rebars) manufacturing plants in Quezon City in anticipation of brisk  demand in light of the country’s bullish construction industry. The company has…

  • Roxas Holdings supports UPLB research on sugar

    Roxas Holdings supports UPLB research on sugar

    Sugar producer Roxas Holdings, Inc. has signed a memorandum of agreement (MOA) with the University of the Philippines Los Baños (UPLB) to spur research and development initiatives in the sugar industry, with endowment fund of P7.5 million to finance…

  • Local sales of toys slow down; electronics gadgets enjoy boom

    Local sales of toys slow down; electronics gadgets enjoy boom

    Richprime Global Inc., the country’s largest distributor of toys and children’s clothing and accessories, has reported a slowdown in sales growth as the influx of electronics gadgets its toll on the traditional toys market. Myrna T. Yao, Richprime president…

Banking More

  • BPI looking at M&A as it braces for competition

    Bank of the Philippine Islands, the country’s most profitable and valuable lender, is looking for acquisition opportunities as it pursues growth ahead of greater competition, its top official said on Friday. Cezar Consing, president of BPI, said the bank…

  • Gov’t seals WB funding for Cebu BRT

    The national government and the World Bank (WB) sealed the financial package for the Cebu Bus Rapid Transit (BRT) project. Finance Secretary Cesar V. Purisima and World Bank officials signed the loan agreement for the $141-million BRT project, which…

  • China’s shadow banking sector growing rapidly, now third in the world

    China’s shadow banking sector growing rapidly, now third in the world

    Beijing – China’s shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the world, a report released by the Financial Stability Board (FSB)showed. The country vaulted ahead in the…

Stock Market More

  • 3Q earnings to dictate market’s mood

    3Q earnings to dictate market’s mood

    Since more companies are now expected to release their third quarter earnings report, majority of the market participants will allocate most of their time monitoring how the listed corporations, especially the blue chip firms, performed in the past three…

  • PSE wins two awards from Corporate Governance Asia

    PSE wins two awards from Corporate Governance Asia

    The Philippine Stock Exchange (PSE) received two awards at the 10th Corporate Governance Asia Recognition Awards ceremony held on October 24, 2014 at the Renaissance Harbour View Hotel in Hong Kong. The PSE was one of the recipients of…

  • Biggest PH fund manager buying local shares as foreigners sell

    The largest Philippine money manager has been buying shares as record foreign outflows drive the country’s benchmark stock index toward its biggest monthly loss this year. Frederico Ocampo, who became chief investment officer at Manila-based BDO Unibank Inc. last…

Shipping More

  • Holiday shipments seen at risk as FedEx cites US port slowdown

    Protracted labor talks at the busiest US container ports are leading to delayed deliveries to some retailers, and may result in a lot of gift cards under Christmas trees in place of absent presents, FedEx Corp. said. The backlog…

  • Group pushes gender equity in maritime sector

    Group pushes gender equity in maritime sector

    Women in Maritime Philippines Association (WIMAPHIL) led by its president  Carla S. Limcaoco, has echoed its call for ‘gender equity’ in the maritime sector, which she said refers to “fairness in which men and women are treated,” stressing that…

  • Qatar Airways to receive first A350 December 22

    Paris – The first delivery of Airbus’s next-generation Airbus A350-900, to Qatar Airways, is to take place December 22, the European manufacturer announced Friday. Airbus on Friday sent invitations for the formal handover ceremony in the southwestern French city of…

Business Agenda More

  • The fish that could

    The fish that could

    Imelda Madarang dreams of the Philippines becoming known as a “respected source of seafood of the world.” “Fifty percent of the world’s seafood is from aquaculture. Everyone is now moving towards sustainability,” says the CEO of Fisher Farms, Inc.…

  • Festering questions on mining and the GSIS’ health

    Festering questions on mining and the GSIS’ health

    Last month, I had meetings with DENR Secretary Ramon Paje and GSIS President Bernie Vergara—two public servants who work diligently but under the radar. We met on separate occasions, but both meetings were relaxed and free flowing. I got…

  • Inglot opens flagship store

    Inglot opens flagship store

    Makeup junkies northside of Metro Manila, rejoice: Inglot Cosmetics, the Polish brand founded by chemist Wojciech Inglot in the 1980s, has opened its flagship store in SM Megamall A, Ortigas Business District, in the Philippines on December 12, 2014.…

Trade More

  • 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…

  • BOI readies agribusiness roadmaps

    BOI readies agribusiness roadmaps

    The Board of Investments (BOI) will unveil development roadmaps on five sectors in agribusiness – confectionery, condiments, seaweeds/carrageenan, shrimps/prawns, and processed fruits  – which have the highest revenue streams potential and widest industry linkages in agri-processing. BOI Executive Director…

Business Tech More

  • Globe is an official ICT partner of APEC

    Globe Telecom takes in the important task of handling the information and communication technology requirements of the Asia Pacific Economic Cooperation (APEC) 2015 to be hosted by the Philippines beginning this month until November next year. As an official…

  • Epson ships 100 millionth HTPS panel for 3LCD projectors

    Epson ships 100 millionth HTPS panel for 3LCD projectors

    Seiko Epson Corporation recently announced that it had shipped its 100 millionth high-temperature polysilicon (“HTPS”) TFT liquid crystal panel for 3LCD projectors, enough for more than 33.3 million projector units. Epson began developing HTPS, the core devices at the…

  • Tech Buzz

    • FORTINET REVEALS “INTERNET OF THINGS: CONNECTED HOME” Fortinet has released the results of a global survey that probes home owners about key issues pertaining to the Internet of Things (IoT). Independently administered throughout 11 countries, the survey titled,…