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NEDA signs mutual accountability framework with Canadian gov’t

The government expects greater opportunities to strengthen its poverty reduction programs and promote broad-based growth following the recent signing of the mutual accountability framework (MAF) between the Philippines and Canada. “Linking development priorities and goals between the Philippine and Canadian governments will help ensure sustainability of strategies under the Philippine Development Plan 2011-2016, which have […]

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Tech Buzz

• EPSON PH COUNTRY MANAGER HEADS REGION, TWO OTHER SEA COUNTRIES Starting June 2015, in addition to being Epson Philippines Corporation’s (EPC) President/Country Manager, Toshimitsu Tanaka will hold concurrent positions as Managing Director of Epson’s Regional office (Epson Singapore Pte. Ltd.), President Director of Epson Thailand, and Director of Epson Indonesia. The current Managing Director […]

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PAL weighs Airbus A350 aircraft for new routes

Philippine Airlines Inc. (PAL) will consider Airbus’s twin-engined A350 jet for an expansion of its long-haul operations, the carrier’s top executive said on Wednesday, speaking at the Manila leg of an Airbus sales tour event. PAL currently flies Boeing 777s on its long-haul routes, having retired its last four-engined Boeing 747 jumbo in September last […]

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NEDA board okays P27.6-B infra projects

The National Economic and Development Authority (NEDA) board has approved infrastructure projects on transportation, irrigation, fire safety, and local development worth P27.69 billion. Socio-economic Planning Secretary Arsenio Balisacan said these projects are part of the government’s strategy to make agriculture, industry, and services sectors more competitive. “The approved projects on irrigation and roads in provinces […]

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Ford preps for International CES Asia

Earlier this year, Ford has showcased features on bringing connectivity into vehicles: Smart Mobility and SYNC 3. Ford will be shedding more details on the International CES Asia next week. The Ford Smart Mobility plan is Ford’s solution on how to bring connectivity, mobility, autonomous vehicles and big data, all together to make the next-generation […]

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New Airbus A350 XWB visits PHL for demo flight

Top executives of the Philippine Airlines (PAL) and Cebu Pacific Air (CEB) have joined the demonstration flight of the world’s latest widebody aircraft, the $300 million Airbus A350 XWB last Wednesday. Airbus A350 XWB has arrived in Manila for the first time for a series of demonstration flights and ground displays. Following its arrival at […]

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South Korea gives P31.5M for APEC projects

The government of the Republic of Korea will voluntarily contribute $ 700,000 or P31.5 million in additional funding for Asia-Pacific Economic Cooperation or APEC projects. This will improve the technical capacity of member economies to liberalize and facilitate trade and investment, and further strengthen regional economic integration. Specifically, it will help to fund projects during the […]

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Time to use those old peso bills

The Bangko Sentral ng Pilipinas (BSP) has reminded the public that it only has less than a year to spend its old banknotes or peso bills or until December this year. However, the old bank notes can still be exchanged for new ones in authorized agent banks and the BSP Cash Department in 2016. In […]

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Condo sales lift Rockwell Land Q1 earnings

Rockwell Land Corporation said its net income jumped 42 percent to P360.1 million in the first quarter of 2015 driven by higher revenues from the sale of condominium units. In a disclosure to the Philippine Stock Exchange, Rockwell said it registered P1.83 billion in consolidated revenues, up by 28 percent from last year’s P1.42 billion. Of […]

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HOOQ surpasses 1 million views, to add more top studios

Online entertainment service HOOQ has surpassed 1 million in streaming minutes viewed since it launched two months ago, as it continues to attract more Filipinos to access over 10,000 international and local movies and TV series across multiple devices. In a statement, Globe Telecom said the HOOQ app has also generated over 30,000 downloads from iTunes […]

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