BANGKOK — President Rodrigo Duterte has called for the establishment of a facilitation center within the East Asean Growth Area (EAGA) involving Brunei, Indonesia, Malaysia and the Philippines, Presidential Spokesperson Salvador Panelo said. Panelo said the President made this push when he participated in the 13th BIMP-EAGA Summit, held on the sidelines of the ASEAN 34th...
Category: Business
ABS-CBN shares hit 52-wk low on frozen franchise bill
–ANGELICA BALLESTEROS, The Manila Times MANILA, June 17, 2019: SHARES of ABS-CBN Corp. slumped to a new 52-week low last week following news that a bill aimed at renewing its legislative franchise did not make it through the 17th Congress. The listed media conglomerate’s stock price hit its lowest price of P16.80 last Friday before...
Philippine Air Lines (PAL), PHL Flag Carrier, introduces new OIC, Vivienne Khao Tan
MANILA , June 18, 2019– Flag carrier Philippine Airlines (PAL) on Tuesday announced the appointment of Lucio Tan’s daughter, Vivienne Khao Tan, as the airline’s officer-in-charge after Jaime Bautista’s retirement as president and chief operating officer. The tycoon sits as PAL chairman and chief executive officer, while his daughter is currently executive vice president of PAL....
Beating the restaurant industry odds by cooking Filipino home-style meals
No matter what your background or culture, most of you can agree that nothing beats “home cooked meals.” After all, what is more, satisfying than having your loved ones prepare a fresh meal, and served warmly in the comfort of your home? How about ones that are prepared for you, with the same quality...
PRRD’s 2019 Japan trip nets PHP288-B in business deals
MANILA — At least PHP288.804 billion worth of business agreements and letters of intent were signed between the Philippines and Japan on the sidelines of President Rodrigo Duterte’s working visit to Japan. Presidential Spokesperson Salvador Panelo on Wednesday said the 26 signed agreements show Japanese business leaders’ confidence in the Philippines as an “investor haven.” “These...
Canada to complete removal of exported trash by end June
As a result of this case, Canada changed its regulations to prevent this kind of situation from recurring. Now exporters must obtain permits from Environment and Climate Change Canada to ship waste if either Canada or the importing nation deems it to be hazardous.
Duterte to ink at least 10 deals in Japan trip
By Azer Parrocha MANILA — The Philippines is expected to sign at least 10 business agreements during President Rodrigo R. Duterte’s trip to Japan by end of May. Trade Secretary Ramon Lopez said that these deals are expected to allow Japanese companies to invest in the Philippines by expanding their businesses here. “So far we have mga two...
A Filipino Woman’s Take on the Road Less Travelled
The story of a Filipino immigrant is one of the dreams, hard work, great sacrifice and the hope for a better future. For many Filipinos, Canada is one of the top countries when it comes to immigration, second to the United States. Despite Canada’s climate, access to free education, free health care and the endless...
Former U.S. president Barack Obama to visit nation’s capital in May
Obama is set to visit the nation's capital next month for a question and answer session.
Witnesses still struggling one year after deadly Yonge Street van attack
TORONTO — The survivor guilt settled in moments after he saw all the bodies. Later came the fear of walking Yonge Street again. He grew hyper-aware of sounds and people around him, looking for anything out of place. And driving his company’s white van became a struggle. “For the longest time I was worried about my brakes,” said Dion...