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ABS-CBN News Posted at Feb 09 2017 02:19 PM http://news.abs-cbn.com/business/02/09/17/maxs-group-to-open-12-yellow-cab-stores-in-vietnam MANILA – Max’s Group said Thursday it was bringing its Yellow Cab Pizza chain ti Vietnam, as it expands its overseas footprint. The restaurant operator said it signed a development agreement with Vietnam’s Blue Star Food Corp. to open at least 12 Yellow Cab stores […]
(The Philippine Star) Updated February 10, 2017 – 12:00am http://www.philstar.com/real-estate/2017/02/10/1670685/berjaya-backs-gk-building-communities MANILA, Philippines – Berjaya Group founder and Malaysian philanthropist Tan Sri Dato Seri Vincent Tan returned to the Philippines recently to fulfill another commitment to the Gawad Kalinga cause. Tan Sri and his children led the unveiling of the Berjaya Garden Restaurant and Culinary Center […]
(The Philippine Star) Updated February 10, 2017 – 12:00am http://www.philstar.com/real-estate/2017/02/10/1670687/cebus-parkmall-keeps-big-city-competition MANILA, Philippines – Despite the presence of big city malls, Parkmall located at the Mandaue Reclamation Area in Cebu continues to keep its competitive edge and has addressed this further with the launch of a three-year redevelopment agenda, the first phase of which involves the […]
By: Miguel R. Camus Philippine Daily Inquirer 12:18 AM February 10, 2017 https://business.inquirer.net/224307/next-ppp-reinventing-nayong-pilipino The Philippines on Thursday unveiled its latest public private partnership project to a packed audience raring for a unique opportunity: reinventing the Nayong Pilipino cultural theme park for the future. Spearheaded by the Department of Tourism, an investor briefing was held before […]
By: Doris Dumlao-Abadilla Philippine Daily Inquirer 12:12 AM February 10, 2017 https://business.inquirer.net/224303/residential-condo-market-rebounds After four straight years of decline, property developers in Metro Manila sold more residential condominium units to homebuyers ahead of completion in 2016, even as they launched fewer projects for preselling, property consulting firm Colliers Philippines said. The rebound was mainly attributed by […]
House Minority Leader Danilo Suarez tells Globe and Smart to address complaints on poor cellphone signal and slow Internet services Mara Cepeda Published 4:15 PM, February 08, 2017 Updated 4:15 PM, February 08, 2017 http://www.rappler.com/nation/160848-poor-globe-smart-signal-congress-can-revoke-telco-franchise-suarez MANILA, Philippines – House Minority Leader Danilo Suarez warned Globe Telecom and Smart Communications that Congress can revoke their franchises […]
Cathy Yang, ABS-CBN News Posted at Feb 08 2017 12:28 PM http://news.abs-cbn.com/business/02/08/17/remittances-may-slow-if-slapped-with-tax-lbc-warns MANILA – Fewer people will send money if government pushes through with its plan to tax remittances, one of the country’s largest cargo and money forwarding services said Wednesday. The levy on overseas and domestic remittances is part of President Rodrigo Duterte’s reform […]
By: Doris Dumlao-Abadilla Philippine Daily Inquirer 12:10 AM February 09, 2017 https://business.inquirer.net/224247/psei-ends-lower-investors-await-4th-quarter-profit-reports The local stock barometer weakened for a second straight day Wednesday as investors digested fresh leads from the fourth-quarter local corporate earnings reporting season. The main-share Philippine Stock Exchange index (PSEi) shed 27.82 points or 0.38 percent to close at 7,234.82. Elsewhere in […]
By Lawrence Agcaoili (The Philippine Star) Updated February 9, 2017 – 12:00am http://www.philstar.com/business/2017/02/09/1670305/phl-vulnerable-shift-us-outsourcing-policy MANILA, Philippines – A shift in US policy under the Trump administration may hit the Philippines’ outsourcing industry, Moody’s Investors Service said yesterday. In a report titled “Challenging Global Environment to Test Asia’s Robust Credit Fundamentals,” Moody’s said significantly reduced US engagement […]
By Richmond Mercurio (The Philippine Star) Updated February 9, 2017 – 12:00am http://www.philstar.com/business/2017/02/09/1670294/us-firms-will-not-abandon-phl MANILA, Philippines – The Management Association of the Philippines (MAP) believes American companies will not abandon great opportunities present in the Philippines because of US president Donald Trump. Trump made a call to American companies to bring manufacturing back to the US. […]
