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  • Singil sa kuryente, petrolyo, tataas dahil sa reporma sa buwis

    December 11, 2017 2:34 PM

    Kinumpirma ni Energy Secretary Alfonso Cusi na magkakaroon ng dagdag sa singil ng kuryente at presyo ng produktong petrolyo kapag naisabatas ang panukalang reporma sa buwis. Inaasahang sisirit ang presyo ng petrolyo pagsapit ng Enero 2018 sa oras na maaprubahan ng bicameral committee ng Kongreso at mapirmahan ng pangulo ang bagong batas na magrereporma

  • CEB takes delivery of 62nd aircraft

    December 10, 2017 4:00 PM 5

    MANILA, Philippines — Leading carrier Cebu Pacific Air took delivery of a brand-new ATR 72-600 aircraft, bringing its total fleet size to 62 planes. This new ATR 72-600 is the eighth of the 16 firm orders CEB made with the Franco-Italian aircraft manufacturer in 2016. The ATR fleet, used primarily by CEB subsidiary Cebgo, supports the expansion of the carrier’s

  • Phl gets access to high tuna fishing grounds

    December 10, 2017 4:00 PM 4

    MANILA, Philippines — The Philippines has been granted extended fishing access to tuna-rich high seas pocket 1 (HSP-1) of the Pacific Ocean for one year based on the new bridging measures of the Western and Central Pacific Fisheries Commission (WCPFC). During the 14th Regular Session of the WCPFC ending late last week, the Philippines negotiated for the access

  • Ford drives sales to new high in November

    December 8, 2017 4:00 PM 7

    MANILA, Philippines — Ford Philippines posted a record November performance with sales increasing 13 percent year-on-year to 3,408 units on the back of continuing strong demand for its vehicles. Bertrand Lessard, Ford Philippines managing director said the company’s top-selling vehicles, namely the EcoSport, Everest, and Ranger, helped deliver the record

  • Filipino households with savings decreases for Q4 2017: BSP survey

    December 8, 2017 12:50 PM 6

    MANILA - Filipino households with savings dropped in the fourth quarter of 2017 to 35.6 percent from 36.8 percent in the previous quarter, the Bangko Sentral ng Pilipinas (BSP) said in a statement Friday. Respondents cited emergencies, education, hospitalization, retirement, investments and real estate purchases for the decline. Based on the Consumer

  • Here's an insider tip for buffet warriors

    December 8, 2017 5:30 AM 4

    MANILA - The secret to maximizing a trip to an eat-all-you-can restaurant is to narrow your choices, the founder of a Filipino buffet chain said Friday. Maritel Nievera, owner of the Cabalen restaurant, may be running a chain with a tagline that says “Eat all u can, eat all u want,” but she admitted she has a small appetite. To make the most of the buffet

  • PAL to take delivery of 2 new Boeing planes

    December 7, 2017 4:00 PM 10

    MANILA, Philippines — Flag carrier Philippine Airlines (PAL) expects to take delivery of two Boeing 777-300 ER aircraft within the month. In a statement yesterday, PAL said the two new aircraft from Boeing’s manufacturing plant in Seattle, Washington, would undergo a series of tests and inspections prior to delivery to the carrier. PAL also expects to accept

  • DTI chief prefers House version of auto excise tax

    December 7, 2017 4:00 PM 6

    MANILA, Philippines — Trade Secretary Ramon Lopez prefers the House of Representatives-approved version of the proposed excise tax on cars over the Senate version, saying the former will likely have lesser impact on the local automotive industry. “I’m for the House version on the cars because it will have a lower increase, especially to the car models

  • Domestic trade grows 18.9% in Q3

    December 7, 2017 4:00 PM 6

    MANILA, Philippines — Domestic trade grew both in terms of value and volume in the third quarter on greater movement of food and capital goods, the Philippine Statistics Authority (PSA) reported yesterday. Preliminary results of the PSA’s Commodity Flow in the Philippines Third Quarter 2017 report showed total trade volume rose 18.9 percent to 4.86 million

  • HK billionaire says a boss should also inspire others

    December 7, 2017 1:32 PM 5

    MANILA - Hong Kong-based billionaire and philanthropist David Harilela said a leader needs to command and inspire, when asked by ANC's "The Boss" about his definition of a leader. "The biggest lesson I've learned is to bend sometimes. A leader needs to command but most importantly, inspire," he said. "We have 35 members in our community in 'The One' and we continue