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Cebuana pilots first AirAsia Manila-Davao flight
Cebuana pilots first AirAsia Manila-Davao flight
Fri, 27 Mar 2015

DAVAO CITY -- AirAsia Philippines re-launched on Friday, March 27, its Manila-Davao flight with an all-female crew, led by a Cebuana captain, manning its Flight Z2 611.

Gisela Z. Bendong is...

OLX aiming to be ‘more mobile’
OLX aiming to be ‘more mobile’
Wed, 25 Mar 2015

WITH 50 percent of their traffic generated by mobile users, online classifieds website OLX Philippines is aiming at becoming a more mobile company, its Philippine founder said.

RJ David,...

Montebello renovates facility
Montebello renovates facility
Wed, 25 Mar 2015

MONTEBELLO Villa Hotel is aiming to hit 65 percent occupancy this year, confident that the market will continue to patronize its facility despite the opening of new accommodations in the city....

New mall, towers in IT Park
New mall, towers in IT Park
Fri, 20 Mar 2015

PROPERTY developer Ayala Land Inc. will invest around P8 billion for a 2.2-hectare mixed-use project inside its own development, the 24-hectare Cebu IT Park in Lahug.

Dubbed as the Central...

Equipment for Toledo farmers
Equipment for Toledo farmers
Fri, 20 Mar 2015

A FARMING association received equipment in Barangay Magdugo, Toledo City yesterday from a Department of Trade and Industry (DTI) program that is meant to help them supply materials in great...

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Remove import tariffs on Philippine bananas

Remove import tariffs on Philippine bananas

JAPANESE banana importers have recently lobbied for the elimination of import tariffs on Philippine bananas being exported to...

BSP keeps eye on uneven growth

BSP keeps eye on uneven growth

AS FAR as the Bangko Sentral ng Pilipinas (BSP) is concerned, 2015 will be “a year of challenges and opportunities,” Governor...

High-rise condos to rise at Centrale

High-rise condos to rise at Centrale

FELCRIS Hotels and Resorts Corp. (FHRC) will start within the first semester of 2015 the second phase of its mixed-used...

Study: PH one of fastest rising economies in 2050

Study: PH one of fastest rising economies in 2050

THE Philippines is projected to become one of the 32 largest economies in the next 35 years, joining a list of newly emerging...

AirAsia introduces pass for travel within Asean region

AirAsia introduces pass for travel within Asean region

BANGKOK–AirAsia introduced the “AirAsia Asean Pass” and the “AirAsia Asean Pass+” to boost travel by making...

Business Columns

Soriano: Most powerful women leaders running family businesses

“STUDIES have shown that women-owned firms outperformed the male-owned firms on many levels, including return on investment.”

Toral: Delivery mistakes

THREE weeks ago, I ordered P2,000 worth of products from an online store where products sold are from various merchants in different parts of the country. In the past three weeks, deliveries were...

Businessmen told to observe Law on Promotions

THE Department of Trade and Industry (DTI) has warned owners and managers of business establishments to be careful in the conduct of sales promotions especially this Yuletide Seasons.

Ng: Scientific breakthroughs

THIS week, I would like to cover some exciting technology developments that would potentially impact us. Science and technology have progressed fast. Last week, Time showed that a baby may live up...

Business News

Exporters ask: Invest to break from low tech

Friday, March 20, 2015 - 10:13 p.m.

EXPORTERS are appealing to the government to invest more on science and technology development to enable small and medium enterprises (SMEs) to move to value-added production, create more jobs and compete.

Sergio Ortiz-Luis Jr., president of the Philippine Exporters Confederation Inc. (Philexport), said that Philippine manufacturing is stuck with relatively low-technology processes in sectors such as food, beverages, handicrafts, footwear and clothing because of the relatively low interest of the country in innovation and its meager spending on technology development.

Almirante: Computation of backwages

Friday, March 20, 2015 - 10:11 p.m.

IN a complaint for illegal dismissal filed by respondents Almer R. Abing and Anabelle M. Tuazon against petitioner Wenphil Corp., the former were awarded backwages. But the period for the computation of the backwages set by the Labor Arbiter (LA) was inconsistent with that of the Court of Appeals (CA). According to the LA, whose ruling the National Labor Relations Commission (NLRC) affirmed, the period for computation should be from Feb. 15, 2002, the day when petitioner last paid respondents’ backwages, until Nov. 8, 2002 when the NLRC’s decision became final and executory.

Batuhan: Put your money where your heart is

Friday, March 20, 2015 - 10:10 p.m.

WHICH of these Americans belong together? A Chinese-American, female, middle-class, atheist lesbian. A wealthy, Christian-Arab, heterosexual, male doctor. A lower-class, African-American, Muslim, female student. Tough question, right? That’s because there are so many arbitrary classifications that people assign to each other, and belonging to one group as opposed to another is a function of so many variables. Ethnicity? Race? Nationality? Religion? Sexual preference? You name it, these associations are as numerous and as complex as people are.

Armm introduces app to increase rice production

Friday, March 20, 2015 - 10:03 p.m.

COTABATO CITY -- The Department of Agriculture and Fisheries (DAF) in the Autonomous Region in Muslim Mindanao (Armm) has introduced a new application that will help increase the yield of rice farmers in the region.

Philippine exports to EU seen to rise over 20%

Friday, March 20, 2015 - 10:02 p.m.

THE Philippines can increase exports to the European Union (EU) by at least 20 percent using the EU's Generalized Scheme of Preferences (GSP) Plus scheme, said a top ranking official of the EU Delegation.

RDC-10 endorses priority programs and projects for 2016

Friday, March 20, 2015 - 10:02 p.m.

THE Regional Development Council of Northern Mindanao (RDC-10) endorses on March 19 a total of P83.189 billion worth of programs and projects proposed for implementation in FY 2016 by 24 agencies and eight state universities and colleges in the region.

DOE to adopt system to hasten RE applications

Friday, March 20, 2015 - 09:07 p.m.

THE Department of Energy (DOE) will soon adopt the One-Stop Facilitation and Monitoring Center (OSFMC) in a bid to facilitate and fast-track renewable energy (RE) projects in the country.

$430-M in export value noted in Q4 last year

Friday, March 20, 2015 - 09:06 p.m.

THE Philippine Statistics Authority (PSA)-Davao reported that Davao region posted an export value of $430.13 million in the fourth quarter of 2014.

Torre Lorenzo grows portfolio with luxury developments

Friday, March 20, 2015 - 03:10 p.m.

MAKATI CITY -- Real estate developer Torre Lorenzo Development Corporation (Torre Lorenzo) is expanding its key property offerings across the country, with a focus on creating prime communities that enhance the way people live.

“A number of ongoing luxury residential projects will become integral in Torre Lorenzo’s growing portfolio,” said Tomas P. Lorenzo, president of Torre Lorenzo.

Facebook’s Internet.org app debuts in Southeast Asia

Friday, March 20, 2015 - 01:50 a.m.

TO help bring the mobile Internet to all Filipinos, Smart Communications Inc. (Smart) through its value brand Talk ‘N Text, has partnered with Facebook to introduce the Internet.org app, offering a set of mobile internet services without data charges.

For its initial phase, Internet.org app allows Filipinos to enjoy free access to a buffet of 24 websites featuring informative and practical content including Facebook and Messenger, on their mobile phones.