Business & Economy

Fast facts you need to know about Apec members

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From November 16 to 19, 2015, the Philippines is host to the 27th Asia-Pacific Economic Cooperation (Apec) summit, which will be attended by leaders of its 21 member-economies.

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DBCC: Tax cut proposals pose risk to PH growth

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Pending measures Congress aimed at slashing taxes coupled with bills that, once enacted, would further increase expenditures pose risks to the country’s economic growth, according to the Cabinet-level, interagency Development Budget Coordination Committee (DBCC).

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Meet the leaders of Apec

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The Asia-Pacific Economic Cooperation (Apec) is the premier Asia-Pacific economic forum, with 21 members aiming to support sustainable economic growth and prosperity in the region. From being a forum where trade and business issues are tackled, Apec through the years since its creation in 1989 has also covered social issues.

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‘Balikbayan’ backlash: Fewer boxes this year

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CLARK FREEPORT, Pampanga -- Instead of the usual avalanche of “balikbayan” boxes, overseas Filipino workers (OFWs) seem to be sending the message “better safe than sorry” this preholiday season.

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Manila forecast to be next ‘great global city’

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FORGET Silicon Valley. The Philippines could be a fertile ground for the next disruptive startup tech company like Uber or Alibaba.

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Businessmen urge Congress to cut taxes

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As Congress resumed on Tuesday, Nov. 3, tax managers called on legislators to “immediately” pass pending bills meant to slash income tax rates.

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Simple ways to get smarter

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Bill Gates, Microsoft’s chairman, has been quoted to the effect that intelligence and creativity are mostly innate and cannot be taught.  Microsoft believes that their people’s brains are its competitive advantage.  So, Gates looks for the “brightest and the most creative people who can quickly grasp new knowledge, are intellectually aggressive and challenging, pragmatic, verbally facile, respond when challenged, and are obsessive problem-solvers.”

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Jica pitches dev’t roadmap for Metro Cebu

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A roadmap that aid agency Japan International Cooperation Agency (Jica) is pitching for implementation in Metro Cebu is seen to generate one million additional jobs as well as sustain robust growth in the “Queen City of the South” and suburbs until 2050.

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China manufacturing shrinks for third straight month - gov’t

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BEIJING, China -- Activity in China’s vast manufacturing sector shrank for the third month in a row in October, officials said Sunday, Nov. 1, adding to fears that growth in the world’s second largest economy is slowing faster than policy makers admit.

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PH consumers most bullish after Indians, Americans

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Filipino consumers emerged as among the most bullish in the world in the third quarter of 2015, coming in only behind consumers in economic powerhouses India and the US, according to the latest study of Nielsen.

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