Business & Economy

Transparency among professionals needed

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The Bureau of Internal Revenue (BIR) will soon require all professionals, particularly doctors, to post their rates in their respective offices and clinics.

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AmCham survey finds Philippines most improved business climate in ASEAN

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The Philippines was the most improved in business environment among ASEAN countries, a new survey of American firms operating in the region revealed, despite continuing concerns of corruption, tax structure, and infrastructure.

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10 departments forge social pact

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Ten government departments have recently agreed to beef up efforts in order to improve the quality of life of the marginalized sectors of the society.

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Emirates to launch non-stop daily Clark-Dubai flights

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Emirates, one of the world’s largest airlines, announced it will launch its daily non-stop flights from Clark to Dubai on October 1, 2013 to cater to Filipinos and tourists whose destination is Northern Luzon.

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‘Business as usual’ for PH, China; more Chinese investments sought

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Trade and Industry Secretary Gregory L. Domingo said it remains “business as usual” between the Philippines and China at the 10th ASEAN-China Expo despite the absence of President Aquino, whose trip was cancelled on request by China for the president to visit at a more conducive time.

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Brunei firm invests P1.3B to boost BIMP-EAGA

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Filipino firm SL Agritech Corp. and Brunei firm Four Bays Iman Sdn Bhd (FISB) have tied up for a hybrid rice plantation in Mindanao in an effort to stimulate businesses and bring economic progress in the Brunei-Indonesia-Malaysia-Philippines-East Asia Growth Area (BIMP-EAGA), an ASEAN sub-regional grouping.

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PHL is 59th in global competitiveness

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MANILA -- The Philippines improved its competitive standing as it landed on the 59th spot in the World Economic Forum's (WEF) Global Competitiveness Report released Wednesday.

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Ginebra San Miguel brands win Monde Golds

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Flagship Ginebra San Miguel and other Ginebra San Miguel, Inc. (GSMI) brands won 10 Gold Quality Labels in the prestigious 51st Monde World Selection recently in Stockholm, Sweden.

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Dubai firm mulls oil depot facility

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Dubai-based Kampac Oil Middle FSZO Inc. is finalizing billion dollar investments for a super oil depot in the country outside of the Pandacan area to serve as its oil supply hub for domestic distribution as well as for the export market.

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Cattle project for overseas workers

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A novel investment scheme for a cow-calf operation designed especially for overseas Filipino workers (OFWs) is being offered by King Ranch, a successful beef cattle breeding and fattening operation in Batangas which is expanding to a 10,000-hectare farm in Palawan.

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