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  • Asia-Pacific CEOs optimistic despite global concerns — poll

    February 2, 2018 10:27 AM 10

    MANILA, Philippines — Asia-Pacific chief executive officers remain upbeat that global economic expansion will improve over the next 12 months despite some threats to their organization’s growth prospects, a survey shows. According to a poll by PricewaterhouseCoopers, Asia-Pacific CEOs reported record levels of optimism (113 percent) regarding global

  • SEC commissioner Viterbo quits, cites health reasons

    February 2, 2018 7:39 AM 5

    MANILA - Securities and Exchange Commission commissioner Blas James Viterbo has resigned from his post, officials said Friday. Viterbo resigned due to health reasons, SEC Chairperson Teresita Herbosa said. Finance Secretary Carlos Dominguez confirmed the resignation separately. "He is prioritizing his medical check up since he has irregular heartbeat

  • DOT wants more green establishments

    February 1, 2018 4:00 PM 8

    MANILA, Philippines — The Department of Tourism aims to grow the number of its green tourism-related establishments (TREs) in the next 10 years, in line with its push for a more sustainable tourism sector. On the sidelines of the ASEAN Tourism Standards Awarding Ceremony, DOT director for Office of Tourism Standards and Regulations Danilo Intong said less than 10 percent

  • PH among top ASEAN M&A targets

    February 1, 2018 10:29 AM 6

    M&A intelligence service provider Mergemarket has cited the Philippines as among the top targets for inbound merger and acquisition (M&A) deals in Southeast Asia in 2017. Mergemarket data released Wednesday show that the top three targets for inbound M&A transactions in Southeast Asia in 2017 included Singapore with 123 deals amounting to USD36.1 billion

  • The Boss: British envoy stresses value of respect

    February 1, 2018 9:07 AM 6

    MANILA - For British Ambassador to the Philippines Daniel Pruce, leadership means providing opportunities for everyone and upholding excellence and respect within the organization. A boss should be visible, accessible and approachable, Pruce said in an exclusive interview with ANC's The Boss. "Respect is about respecting each other, respecting our colleagues

  • Former NEDA chief answers unauthorized incentives rap

    February 1, 2018 4:52 AM 5

    MANILA - Former Socioeconomic Planning secretary Arsenio Balisacan said Thursday he asked the Commission on Audit to reverse its ruling that asked him to return P73.6 million in alleged unauthorized incentives. Balisacan, now chairman of the Philippine Competition Commission, said he filed a motion for reconsideration with the COA. "We provided the reasons

  • Philippines' largest hotel to rise in Boracay: DoubleDragon

    February 1, 2018 4:14 AM 11

    MANILA - DoubleDragon Properties Corp said Thursday it would build the country's largest hotel by room count in Boracay, in a bet on one of the country's most popular tourist destinations. Hotel 101 Resorts-Boracay will have 1,001 rooms with environmentally sustainable facilities, DoubleDragon told the stock exchange. The hotel is a joint venture between

  • BSP promotes low cost, no frills deposit account

    January 31, 2018 4:00 PM 3

    MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has released a framework for banks to offer a basic deposit account as the World Bank estimates less than a third of Filipino adults have formal bank accounts. The central bank approved a new circular that promotes account ownership among the unbanked and provide Filipinos the tool to save and transact

  • 'Super moon' camera shootout: Mate 10 Pro, Pixel 2, iPhone X

    January 31, 2018 3:39 PM 14

    MANILA - The moon shone extraordinarily bright before turning blood red on Thursday, in a succession of astronomical events not seen in decades. Three of the highest rated smartphone cameras go head-to-head under the "super blue blood red" moon in this shootout to test how well they capture dark landscapes. The Leica co-engineered dual lenses on the Chinese

  • Trump calls for $1.5-trillion U.S. infrastructure plan

    January 31, 2018 2:59 AM 5

    US President Donald Trump calls for a $1.5 trillion investment plan to renew the country's creaking transport infrastructure, in his State of the Union address WASHINGTON DC, USA – US President Donald Trump called on Tuesday, January 30, for a $1.5 trillion investment plan to renew the country's creaking transport infrastructure, in his State of the Union