Business & Economy

1M Filipinos lost P25B to investment scams

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One in every 100 Filipinos has fallen prey to various investment scams that lure people with hefty returns in a short period of time, wiping out more than P25 billion worth of hard-earned money to date.

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Shoe label from PH kicks it up in New York City

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More and more local brands are getting international recognition as of late. On Oct. 26, we picked up on how Aranáz will be stocked at Harvey Nichols in Dubai, and now, shoe designer Maco Custodio tells us how his creations will be up for grabs at the TriBecan boutique Playing Mantis.

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Obama, Trudeau, Putin coming to PH

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The Philippines is gearing up for the “biggest show coming to town,” with at least 10 world leaders confirming their attendance at the Asia-Pacific Economic Cooperation (Apec) summit, culminating in an Apec Economic Leaders Meeting (AELM) hosted by President Aquino.

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Restoring Pangasinan town’s perfume trade

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BUGALLON, Pangasinan -- Once known as the world’s biggest source of the finest ylang-ylang oil, the Philippines through the years has diminished its production of this essential ingredient in making perfume.

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New GROHE Dual Tech Training Facility opens in the Philippines

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MANILA -- Since 2009, water fittings manufacturer GROHE has cooperated with Don Bosco Mondo e.V. with a view to helping young people better their lives. To date some 780 young people in Mumbai, India, have been given the opportunity to start a new life as a result of this collaboration. The successful GROHE Dual Tech aid project has now also been launched in Manila-Tondo in the Philippines, where a new training facility was opened on 24 October.

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No more fun doing business in PH

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The foreign business community said anew it may no longer be fun doing business in the Philippines given the continued uncertainty and unpredictability in the implementation of local policies.

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Act on PBC proposals before term ends, Aquino urged

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The head of the country’s largest businessorganization stressed the importance of “political will” to enable the government to carry out critical measures addressing 12 of the most pressing and contentious issues faced by businesses operating in the Philippines today.

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Selling a dream that can come true

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Who would have thought that one could be so successful selling something as intangible as a dream?

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Wal-Mart eyes drone home deliveries

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SAN FRANCISCO -- Wal-Mart is actively looking at the possibility of using drones to make deliveries to US customers, a spokesman said Monday, Oct. 16, following the lead of Amazon and other retailers.

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Bush: US should open overseas markets to US oil, gas

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DES MOINES, Iowa -- Republican presidential candidate Jeb Bush says ending the ban on US oil exports and easing restrictions on natural gas exports would unleash the nation’s economy.

Read more: Bush: US should open overseas markets to US oil, gas

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