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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

Retailers urged to develop e-commerce to reach online Chinese shoppers

Wednesday, March 18, 2015 - 09:52 p.m.

WITH the growing popularity of online shopping globally, Filipino retailers are being encouraged to tap the expanding Chinese consumer market through e-commerce.

In a letter sent to government officials, Foreign Affairs Undersecretary for International Economic Relations Laura del Rosario said the Philippine Embassy in Beijing has recommended that local entrepreneurs exploit such opportunities amid increasing cross-border e-commerce transactions.

Microinsurance provider pays up to P695 million in claims in 2014

Wednesday, March 18, 2015 - 09:51 p.m.

WITH microinsurance being one of the government’s thrust for financial inclusion, one of the pioneering mutual benefit associations (MBA) in the country reported that it has insured 10.9 million Filipinos as of February, holding the biggest number of insured individuals in the microinsurance industry to date.

The Center for Agriculture and Rural Development MBA (Card-MBA), the insurance arm of Card Mutually Reinforcing Institutions (Card-MRI), said in a statement that claims reached P695 million in 2014.

Facebook app debuts in Southeast Asia

Wednesday, March 18, 2015 - 09:50 p.m.

TO bring mobile Internet to more 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 basic mobile internet services – including useful education, news, health, messaging and communication – without data charges.

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

New, existing players to shore up Mindanao grid

Wednesday, March 18, 2015 - 09:12 p.m.

THE power demand in Mindanao is expected to go up with the entry of more power sources by the existing and new power players, an official from the Department of Energy (DOE) said.

DCWD, Apo Agua tie up for P10-B water project

Wednesday, March 18, 2015 - 09:11 p.m.

DAVAO City Water District (DCWD) forged a partnership with Apo Agua Infrastructura Inc. (Apo Agua) for a P10-billion bulk water supply agreement on Tuesday, the largest so far in the Philippines.

DTI to open 5 Negosyo Centers in Zamboanga

Wednesday, March 18, 2015 - 06:39 p.m.

THE Department of Trade and Industry (DTI), in line with the "Go Negosyo Act," is establishing five "Negosyo Centers" in Zamboanga Peninsula this year.

International school to open in Davao

Wednesday, March 18, 2015 - 12:11 a.m.

THE first international school in Mindanao will open in Davao City.

Avida to finish condo towers in 2016

Wednesday, March 18, 2015 - 12:10 a.m.

WITH the construction of Avida Towers Davao in full swing, Avida Land Corp. expects to turn over the condominium units by late 2016.

Bank lending to SMEs ‘still low’

Tuesday, March 17, 2015 - 10:02 p.m.

SMALL and medium enterprises in the Philippines still can’t rely on banks to expand their businesses, according to a recent study by the Asian Development Bank Institute (ADBI).

The paper “Why Do SMEs Not Borrow More from Banks? Evidence from the People’s Republic of China and Southeast Asia” said that over 70 percent of funds spent by SMEs in the Philippines were internally generated.

Isuzu rides on new Crosswind to meet sales target

Tuesday, March 17, 2015 - 09:59 p.m.

CONSIDERED the top dealer in the Visayas and Mindanao, Isuzu Cebu Inc. is expected to sell over 2,000 units this year. They are banking on the release of the 2015 Isuzu Crosswind to meet their sales target.