Business & Economy

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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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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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.

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

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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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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‘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.

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

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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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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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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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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