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  • Asean 2015 to widen market base for PH biofuels

    Asean 2015 to widen market base for PH biofuels

    The harmonization of biofuel standards – being an outcome of the scheduled ASEAN economic integration next year – will fundamentally widen the export base of any surplus capacity in the country’s production of coco methyl ester (CME). This was…

  • Filipinos cut back on groceries, prefer fast food to grab a meal

    There are now fewer shopping baskets containing food items that need to be cooked at home as Filipinos opt to  go to fast food restaurants and convenience stores to grab a meal, according to a report by Nielsen. The…

  • Youth travel firm eyes 200% growth in PH market

    Contiki, the world’s leading youth travel company for 18- to 35-year-olds, eyes up to 200%  growth in its Philippine market next year, announced Kevin Khor, Head of Sales and Marketing, Asia. “The Philippines can jump up to Number 4…

Investment More

  • 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…

  • Megaworld unit ventures into P1-B residential project in Bacolod, Talisay

    BACOLOD CITY — Suntrust Properties Inc. entered into a P1-billion joint venture agreement with the Lacson family for the development of an integrated residential project at the boundary of the cities of Bacolod and Talisay in Negros Occidental. Suntrust…

Banking More

  • BSP sees room to hold rates steady for the rest of the year

    The Bangko Sentral ng Pilipinas (BSP) sees room to extend a pause in interest-rate increases for the rest of this year if inflation remains manageable, Governor Amando Tetangco Jr. said. “The market could probably see us stay this course…

  • BSP approves multi-class UITFs

    BSP approves multi-class UITFs

    The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board has added multi-class unit investment trust fund (UITF) to the expanded list of UITFs opened to issuers and investors. The central bank has also amended additional UITF regulations that improved the…

  • China, 21 other countries initiate new Asian bank

    China, 21 other countries initiate new Asian bank

    Beijing – China and 21 other Asian nations signed on Friday to a new Beijing-backed international bank for Asia that Washington opposes as an unnecessary rival to established institutions such as the World Bank. Representatives of the 22 nations…

Stock Market More

  • Local shares

    Local stock market ended the week on the negative territory. Philippine Stock Exchange index lost 12.58 points, or 0.18 percent to 4,195.87. It was still a mixed result for sub-indices after three sectors went up, while the other half…

  • Asian markets

    Hong Kong (AFP) – Asian markets were mixed Friday following strong gains on Wall Street, with Tokyo enjoying a significant bump due to the dollar’s rise against the yen. Tokyo closed up 0.79 percent, or 152.68 points, at 15,291.64,…

  • Stocks surge as US firms post higher profits

    New York – Stocks are closing with big gains after several major US companies reported higher profits. Caterpillar and 3M led the gains among industrial stocks, which rose significantly more than the rest of the market. Caterpillar rose 5…

Shipping More

  • Marina personnel train to qualify as ISM Code auditors

    A total of 24 technical personnel of the Maritime Industry Authority (Marina) underwent a five-day ‘Auditor’s Training Course on International Safety Management (ISM)  on Oct. 13-17 at Bayview Park Hotel, Manila in order to qualify as ISM Code auditors.…

  • IMO approves Polar Code for ships operating in Arctic waters

    The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved the Polar Code for ships operating in Arctic and Antarctic waters including the draft amendments to the International Convention for the Prevention of Pollution from…

  • Global air cargo outlook seen better next 5 years

    International freight volumes will post  4.1%  compound annual growth rate (CAGR) over the next  half decade with emerging economies, particularly Middle East and Africa, as the fastest-growing markets, according to the International Air Transport Association (IATA) Airline Industry Forecast…

Business Agenda More

  • Much, much ado about H&M Philippines

    Much, much ado about H&M Philippines

    No other store has created so much excitement in recent history than H&M, the Swedish retail brand that opened its doors in SM Megamall Fashion Hall to the Philippine public on October 17. The first customer, OC Iglesia, a…

  • Biggest PhilConstruct kicks off in November

    The Philippine economy remains bullish after posting a 7.2 percent growth in Gross Domestic Product in 2013. Led by the country’s industry sector, the economy is one of the fastest-growing in the world. One of its strongest pillars, the…

  • Mall to construct biggest solar rooftop in the Philippines

    Mall to construct biggest solar rooftop in the Philippines

    With the Philippines experiencing natural disasters that keep on increasing in strength and frequency in recent years, there is a great need for strategic disaster risk reduction and management, which can create shared value for business and society. This…

Trade More

  • Asean 2015 to widen market base for PH biofuels

    Asean 2015 to widen market base for PH biofuels

    The harmonization of biofuel standards – being an outcome of the scheduled ASEAN economic integration next year – will fundamentally widen the export base of any surplus capacity in the country’s production of coco methyl ester (CME). This was…

  • Improved Customs processes catching up with ASEAN integration

    Improved Customs processes catching up with ASEAN integration

    Impact of the government’s trade facilitation measures is expected to be strongly felt by end of next year yet in time for the full implementation of the ASEAN Economic Community (AEC). This has been the timeline committed by the…

  • 40th PBC submits 8-point Resolutions to PNoy

    The following are the approved 8-point  Resolutions of the 40th  Philippine Business Conference and submitted to President Benigno S. Aquino III during the final day of the conference on October 24, 2014 at the Manila Hotel. 1.ENERGY AND POWER:…

Business Tech More

  • Tech Buzz

    • GLOBE MYBUSINESS LEADS TECH REVOLUTION IN PH MSMES, BOOSTS BUSINESS OPERATIONS WITH GOOGLE APPS With businesses quickening their operations and processes, they are steadily arming themselves with the newest ICT capabilities to get work done. In this day…

  • Canon boosts imagePROGRAF large-format printer lineup with launch of new series featuring  six-color pigment ink system

    Canon boosts imagePROGRAF large-format printer lineup with launch of new series featuring six-color pigment ink system

    Canon Marketing (Philippines) Inc. (CMPI) announced the introduction of two new imagePROGRAF large-format inkjet printers to the Philippine market—six-color iPF 6410SE and iPF8410SE. Canon makes sure that their machines all help in making businesses operations become simpler and more…

  • Dell PowerEdge servers for growing workload

    Dell PowerEdge servers for growing workload

    The S22420T is one of Dell’s devices designed to meet corporate needs. It’s a touch monitor, meant to maximize the use of Windows 8. It features multi-touch and full HD display.  It has a display manager, which allows customization…