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Manila rises 29 places in Cost of Living survey

Manila is now the 109th costliest city in the world, making one of the highest ascents worldwide amid the Philippine economy's robust growth, Mercer’s 2019 “Cost of Living” survey released Wednesday found......»»

Source: philstar philstarCategory: finance4 hr. 56 min. ago Related News

Anti-red tape body claims high resolution rate despite lack of IRR, chief

The Anti-Red Tape Authority on Wednesday claimed to have posted a high resolution rate on complaints it has received even without an anti-red tape czar or the implementing rules of the Ease of Doing Business Law......»»

Source: philstar philstarCategory: finance4 hr. 56 min. ago Related News

Airlines sign pact for better air travel convenience, Sangley airport development

Airline executives signed Wednesday a pact with the government to improve air travel convenience and develop the Sangley Airport in Cavite to help decongest the aging Ninoy Aquino International Airport......»»

Source: philstar philstarCategory: finance4 hr. 56 min. ago Related News

Globe unveils first 5G postpaid plans for Filipinos

Globe makes PH the first country to experience commercial 5G fixed wireless internet in SEA......»»

Source: philstar philstarCategory: finance4 hr. 56 min. ago Related News

Education reform and the Philippine economy

As “Asia’s Rising Tiger,” the Philippines has gained a reputation for rapid economic growth that has stayed on course no matter the circumstances. Despite recent tensions in the global economy, the country has managed to remain competitive, posting a respectable 5.6% gross domestic product (GDP) growth in the first quarter of the year. Much of […].....»»

Source: bworldonline bworldonlineCategory: finance7 hr. 22 min. ago Related News

Startups wanted for fourth season of CNN’s The Final Pitch

The Final Pitch is set to return for its fourth season on CNN Philippines later this year in September. Today, CNN is looking for aspiring entrepreneurs looking to connect with some of the most established businesspeople and investors in the country. “We can’t wait for our entrepreneurs to grow their businesses with the help of […].....»»

Source: bworldonline bworldonlineCategory: finance7 hr. 22 min. ago Related News

Steps toward better education

In a bid to enhance the quality of and increase access to education in the Philippines, the Department of Education (DepEd) and the Commission on Higher Education (CHEd) — agencies tasked with the formulation and implementation of plans and policies relating to basic and higher education — have created a number of programs over the […].....»»

Source: bworldonline bworldonlineCategory: finance7 hr. 22 min. ago Related News

Scholarships to help Filipinos earn a college degree

Education for many is the only way to escape from poverty. However, this is not the case for some Filipinos. Based on the 2017 Annual Poverty Indicators Survey of the Philippine Statistics Authority released in June last year, about 9% of the estimated 39.2 million Filipinos aged six to 24 years were out-of-school children and […].....»»

Source: bworldonline bworldonlineCategory: finance7 hr. 22 min. ago Related News

Budget swings backs to surplus in May

The government generated a P2.6 billion fiscal surplus in May, a reversal of the deficit incurred last year as the growth in revenues outpaced the increase in public expenditures, according to the Bureau of the Treasury......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

PNOC, Lloyds team up for LNG development

State-run Philippine National Oil Co. (PNOC) has teamed up with Dubai-based Lloyds Energy to explore the possibility of developing liquefied natural gas (LNG) facilities in the country......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

Stocks snap 5-day win streak ahead of G20, US-China meet

The stock market snapped its winning streak yesterday as investors chose to wait for the outcome of the Group of 20 meeting in Japan......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

Exiting Manila airport among the fastest in Asia for international arrivals — report

It only takes less than an hour for international travelers arriving in Manila to deplane, gather their luggage, clear customs and immigration, and walk to vehicles with chauffeurs — making the Philippine capital among the fastest airport terminals to exit in Asia, a new report released Wednesday found......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

Oil firms ask court to halt DOE’s unbundling policy

Several oil companies have asked the courts to stop the oil unbundling policy recently issued by the Department of Energy (DOE), which is set to take effect on June 29......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

Businesses turn more optimistic in Q2, but consumers wary of higher prices

Businesses turned more optimistic for the second straight quarter in the second quarter, but Filipino consumers are wary of higher prices and expenses, the Bangko Sentral ng Pilipinas (BSP) reported yesterday......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

Mondelez plans to bring in more snack products to Philippines

Snack food company Mondelez International Inc. is looking to expand its product portfolio in the Philippines, particularly biscuits, chocolate, gum and candies to take advantage of the increasing demand and to continue to grow its sales......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

Bank creditors convert Hanjin exposure to equity

Philippine banks have converted part of their loan exposure to Hanjin Heavy Industries & Construction Philippines Inc. (HHIC-Phil) into shares in the shipbuilder’s parent company in South Korea, according to Rizal Commercial and Banking Corp. (RCBC)......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

SEC junks petition to void share swap among SMC firms

The Securities and Exchange Commission (SEC) has dismissed the petition filed by a minority shareholder against San Miguel Food and Beverage Inc. (SMFBI).....»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

DOF: Relax audit rules in sale of gov’t assets

The Department of Finance (DOF) has directed the Privatization Management Office (PMO) and Philippine Deposit Insurance Corp. (PDIC) to discuss with the Commission on Audit (COA) ways to relax auditing rules that have slowed down the disposal of idle public assets......»»

Source: philstar philstarCategory: finance17 hr. 9 min. ago Related News

Filipino millennials’ optimism eroded

FILIPINO MILLENNIAL’s confidence in the country’s economic and socio-political situation has declined, according to survey results reported on Tuesday by NavarroAmper & Co., the Philippine management consultancy that forms part of the global Deloitte network......»»

Source: bworldonline bworldonlineCategory: finance20 hr. 9 min. ago Related News

SEC issues warning vs ‘Good Samaritan Riders’ group

THE Securities and Exchange Commission (SEC) has warned the public against investing in Tagbilaran-based group The Philippines Good Samaritan Riders Association, Inc, (TPGSRA) since it has no authority to do so......»»

Source: bworldonline bworldonlineCategory: finance20 hr. 9 min. ago Related News