Main Business


WTO marks 400th trade dispute case filed since 1995

November 8, 2009
The World Trade Organization said Friday that 400 trade dispute cases had been filed since the agency was formed in 1995, with the United States and the European Union lodging the most complaints.

IMF warns G20 vs cutting off financial stimulus support

November 8, 2009
The International Monetary Fund warned global financial leaders on Friday not to repeat the mistakes of the Great Depression and choke off emergency support for their economies too quickly.

Oil prices drop to below $76 on jobs data

November 8, 2009
Oil prices tumbled Friday as official data showed unemployment hitting a fresh 26-year high in the United States, raising fresh doubts about the economic recovery and energy demand.

BDO obtains P16.8 B in BSP incentive package

November 7, 2009
Banco de Oro Unibank Inc. is one lucky bank, receiving a total of P16.8 billion in total financial assistance from the Bangko Sentral ng Pilipinas so far.

DoE revises standards for unleaded gas

November 7, 2009
The Department of Energy has crafted a new circular setting revised Philippine National Standards for unleaded gasoline being sold to motorists.

Ayala Land taps Europe and ME markets

November 7, 2009
There is a strong interest in real estate from Europe and the Middle East.

Brandexports to ship products to Norway

November 7, 2009
Brandexports, Inc. would soon be exporting food products to Norway following a tieup with Norwegian partners, according to the Department of Foreign Affairs.

PSE sees PERA implementation soon with IRR

November 7, 2009
The Philippine Stock Exchange expects the implementation of the Personal Equity and Retirement Account Act soon after the recent approval of its implementing rules and regulations by regulators led by the Bangko Sentral ng Pilipinas.

RP exporters gain $25 M worth of orders in 2 Taiwan fairs

November 7, 2009
Philippine exporters have secured $25 million worth of orders from the two industry fairs held in Taipei this year, the Manila Economic and Cultural Office (MECO) reported.

Woman Entrepreneur of 2009 is brains behind San Marino Corned Tuna

November 7, 2009
This year’s Woman Entrepreneur of the Year, Corazon Dayro Ong, is no less than the brains behind the highly successful innovative food product, San Marino Corned Tuna.

NEA releases P908-M loans to electric coops

November 7, 2009
To fortify the operational viability of the country’s electric cooperatives, the Enhanced Lending Program of the National Electrification Administration made possible the release of close to P1 billion loans to rural power utilities in the first nine months this year.

ERC approves 2-tiered TOU rates for CEPALCO

November 7, 2009
A two-tiered time of use rates may be offered by Mindanao utility firm Cagayan Electric Power & Light Company to its customers, as hinged on the tariff approval granted by the Energy Regulatory Commission.

Oil firms propose staggered pass on of unreflected costs

November 7, 2009
Independent oil player Flying V has put forward a proposal, on behalf of the other industry players, for a staggered pass on of costs that account for the difference in true costs that should have been reflected at the pumps.

RFM net income jumps 78% to P282 million With

November 7, 2009
Food and beverage firm RFM Corporation continued to perform above par despite the economic slowdown, reporting a 78 percent jump in net income for the first three quarters of the year to P282 million.

Ibazeta eyed as DoE secretary if Reyes quits

November 7, 2009
With Energy Secretary Angelo T. Reyes bent on seeking a political post in next year’s elections, Malacañang is reportedly keeping its eye on Jose C. Ibazeta for the Department of Energy post.

More than just a form: The importance of a well-documented waiver

November 7, 2009
The first thing many aliens ask after having been removed from the United States is “when can I return.”

APEC leaders eye stimulus exit plan

November 7, 2009
Pacific Rim leaders are walking a policy tightrope ahead of their annual summit, worrying that their economies remain vulnerable after the global downturn but starting to discuss unwinding their massive economic-stimulus policies.

New ‘smart’ electrical meters raise fresh privacy issues for consumers

November 7, 2009
The new ''smart meters'' utilities are installing in homes around the world to reduce energy use raise fresh privacy issues because of the wealth of information about consumer habits they reveal, experts said Friday.

US becomes top country brand under Obama – survey

November 7, 2009
Barack Obama has done it again. The president's starpower has made the United States the place most people want to visit and do business with, according to an annual survey that ranks nations like retail brands.

US Ex-Im Bank to promote RE tech exports

November 7, 2009
The US Export-Import Bank said it will provide up to $250 million to help finance exports of US-built-and-designed technology used in generating renewable energy including solar, wind and geothermal.