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  • Terminal 3 ready for full operations

    The first international airline that will depart Manila from Ninoy Aquino International Airport (NAIA) Terminal 3 will take off on August 1 as the modern aviation facility commences full operation next week. Transportation Secretary Joseph Emilio Abaya yesterday announced…

  • LRTA board meets today to decide on P65-B LRT1 Cavite extension award

    The long overdue awarding of the P65-billion Light Rail Transit (LRT) 1 Cavite Extension Project has been delayed yet again as the LRT Authority (LRTA) Board failed to discuss the big ticket project in its meeting last Wednesday. But…

  • ‘Global Literacies’

    I love to collect – paintings, art works, antique Philippine furniture – but the most precious in my collection are my books and magazines (Fortune, beginning the 30’s).  As I reread many of them, I realize how many of…

Investment More

  • 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.…

  • Israel agriculture firms explore investment opportunities here

    Israel’s  major  agricultural firms are coming in November this year  to explore investment opportunities in dairy, irrigation, water management, and other manufacturing ventures even as  Jewish defense and security companies  are  currently  here in the country  to promote homeland  …

Banking More

  • Professional, business groups appeal for BIR reconsideration

    Several professional and business groups have urged the Bureau of Internal Revenue (BIR) to reconsider the agency’s new rules on the issuance of deficiency tax assessments. In a joint position paper submitted by the groups, which is led by…

  • Malaysian banking giant CIMB pursuing to acquire Al-Amanah Bank

    Malaysian banking giant CIMB Group, a leading ASEAN Islamic bank, is pursuing its interest to acquire the Philippines Al-Amanah Bank, which will require between P50 billion to P100 billion in fresh investments to serve the huge Islamic financing needs.…

  • Lucio Co buys 37.7% of PBCom for P6B

    Retail magnate Lucio Co, through Union Equities Inc., has acquired a 37.7 percent stake in Philippine Bank of Communications (PBCom) for P5.98 billion. In a disclosure to the Phiippine Stock Exchange, PBCom said its board of directors accepted the…

Stock Market More

  • US stocks rise as deals, earnings offset crises

    New York – A wave of corporate deals and generally positive quarterly earnings competed for attention this week with gloomy news developments in Ukraine and Gaza, ultimately leading US stocks higher. For the week, the Dow Jones Industrial Average…

  • Dow Jones Average closes at new record

    New York (AFP) – The Dow Jones Industrial Average bolted to a new record Wednesday as strong Intel earnings and a new IBM venture boosted the blue-chip index. The Dow jumped 77.52 points (0.45 percent) to 17,138.20. The broad-based…

  • Online trading at PSE surged in 2013

    The number of online accounts in the Philippine stock market grew by a record of 65.3 percent to 129,255 in 2013, according to the annual Stock Market Investor Profile study of the Philippine Stock Exchange. The PSE said in…

Shipping More

  • Boeing boosts 2014 profit forecast after strong Q2 results

    Washington – US aerospace giant Boeing on Wednesday raised its full-year profit forecast after earnings soared 52 percent in the second quarter, lifted by increased jetliner deliveries. Boeing posted net profit of $1.65 billion for the April-June quarter, up…

  • Tugboats tow Costa Concordia cruise ship wreck to scrap yard

    Giglio Island, Italy – Italy’s once-luxurious Costa Concordia cruise liner embarked on its last voyage on Wednesday, as tug boats began towing it from island wreck site to scrapyard grave in one of the biggest salvage operations in maritime…

  • No surge in Malaysia Airlines cancellations

    No surge in Malaysia Airlines cancellations

    Kuala Lumpur – Malaysia Airlines Wednesday said it hasn’t seen a surge in ticket cancellations or requests for refunds after losing a second jetliner in less than five months. The Malaysian flag carrier offered full refunds to passengers holding…

Business Agenda More

  • Giving tourism workers a competitive edge (last of two parts)

    Giving tourism workers a competitive edge (last of two parts)

    More than eight months since a 7.2-magnitude earthquake struck Bohol, tourism has gotten back on its feet with the implementation of the Bohol Tourism Recovery Program. “Building better”, is how Atty. Lucas Nunag of the Amarela Resort on Panglao…

  • RGM&Co. organizes forum on aid mobilization and transparency

    Typhoon Haiyan and the increasing frequency and severity of natural disasters, and the subsequent relief aid that has been made available by public and private donors, has put aid effectiveness and transparency high on the agenda of donors and…

  • Building connections that matter

    Building connections that matter

    ‘We are now entering the ‘Internet of Everything’,” declares Louie Castañeda, country manager of Cisco in the Philippines. One of the biggest trends impacting today’s businesses, Castañeda describes the Internet of Everything as a phenomenon that connects people, data, processes,…

Trade More

  • PCCI seeks creation of trade monitor on non-tariff measures

    PCCI seeks creation of trade monitor on non-tariff measures

    The government has been urged to establish a trade monitoring mechanism to watch out for the implementation of non-tariff measures (NTMs), which are the next frontier of trade protectionism, that other Association of Southeast Asian countries (ASEAN) are expected…

  • PH aerospace targets $10-B revenues

    The Philippine aerospace industry is projecting to generate $10.332 billion cumulative revenues by 2022 saying the country has the potential to gain another 20 percent share of the $140 billion global commercial aerospace components business as long as the…

  • Aerospace, electric vehicle industries bullish

    The Aerospace Industries Association of the Philippines (AIAP) and the Electric Vehicle Association of the Philippines (EVAP) are gearing up for a robust growth next year and forward on strong prospect of the local automotive industry. The two associations…

Business Tech More

  • Epson Honors  Regional Partners

    Epson Honors Regional Partners

    Celebrating its “People’s Choice” status after securing the No.1 position in value share in the inkjet market, 13th consecutive year of global leadership position in projectors, and its continuing dominance in the dot matrix printer category, Epson Philippines Corporation…

  • Globe eGov to collaborate closely with PHL govt

    Globe eGov to collaborate closely with PHL govt

    Taking on a bigger stake in the country’s ICT competitiveness, Globe recently announced the creation of its eGovernment unit, or eGov. This is the telco’s response to the government’s call for greater private sector participation in nation-building. Globe Senior…

  • Manila Bulletin-ANC extends partnership

    The Manila Bulletin and ABS-CBN News Channel (ANC) has renewed their partnership for the TV channel’s technology-oriented program, Future Perfect. Manila Bulletin TechNews Editor Art Samaniego Jr. will be the resource person for the program. Hosted by Tony Velasquez,…