Business & Economy

UK-PH trade seen doubling

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MANILA -- The UK Minister of State for Trade and Investment expects bilateral trade between the Philippines and the United Kingdom to double within the next five years.

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Another China carrier to mount Philippine flights next month

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SHANGHAI-BASED China Eastern Airlines Corp. Ltd. will start direct flights to Manila next month, a move the carrier said in a statement yesterday forms part of continuing expansion of its overseas service network.

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PCCI pushes Zambo rebuilding plan

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Businessmen have agreed to a “mini Marshal” plan for Zamboanga to help the businesses  get back on their feet following the siege that practically put the city on a stand still for days.

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Shakey’s reengineering: From rock band, fast food joint into family restaurant chain

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It’s hard to believe that Shakey’s, the iconic pizza brand, could ever recover from dire financial straits in the early 2000s. It was sinking fast during those days until its ownership decided it had enough and launched a pivotal reengineering program to become a leading chain of family restaurants in the country today.

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DBM releases P578-M for building of classrooms

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In line with the Aquino administration’s goal to close the nationwide classroom gap this year, the Department of Budget and Management (DBM) has released P578 million for the construction and completion of classrooms in the country.

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Meralco’s September rates to go up

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Manila Electric Co. (Meralco) rates for the month of September will go up by P0.18 a kiloWatt-hour (kWh) due mainly to higher power-generation and transmission charges. This follows a cumulative reduction of P0.65 a kWh during the past two months.

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Culturally speaking

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Expat executives speak up at the recent Asia CEO Forum’s Leadership Summit about Filipino idiosyncrasies and how these factor in to their corporate strategies.

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Oil firms hike gasoline prices

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MANILA -- Oil firms are increasing gasoline prices and rolled back those for kerosene at the pump on Tuesday as speculation persisted in the international market over prospects of escalating violence in Syria and Libya, which may affect neighboring fuel producers.

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Japanese firms visit country

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A 20-member business delegation from Japan is in the Philippines to explore business opportunities here and increase their own presence in the region.

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Planting trees for sustainable coffee

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On a coffee farm in Surigao del Sur, farmers with their backs bent against the mid-morning sun are shifting dirt and digging holes in the fields. Wearing caps or bandanas to ward off glare and heat, they are preparing to place seedlings alongside their mature, bean-bearing crops.   

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