Business

How a former 'credit card-aholic' got out of debt

MANILA – When a bank offers you a credit card with a P200,000 credit limit, annual fees free for life, and only proof of employment as requirement, will you accept it?Full article

Top Stories

Microfinance loans climb to P11.4B

As of 05/23/2015 11:36 AM
MANILA, Philippines - Microfinance loans continued to increase last year, reflecting sustained efforts of the government to achieve financial inclusion, the Bangko Sentral ng Pilipinas (BSP) said yesterday. Full article

NFA OKs up to 500,000 MT rice imports as buffer stock

As of 05/23/2015 11:35 AM
MANILA, Philippines - The National Food Authority (NFA) has approved the importation through government-to-government procurement scheme of an additional 250,000 metric tons (MT) of rice that would be used as buffer stock during the lean months beginning in July. Full article

Doing business in the Philippines

As of 05/23/2015 11:33 AM
Do you ever wonder what sorts of businesses are found here in the country and which company makes the most out of their enterprise? Full article

BCDA mulls legal options on Camp John Hay takeover

As of 05/23/2015 11:27 AM
MANILA, Philippines - State-run Bases Conversion and Development Authority (BCDA) is studying legal options it can take following the issuance of a temporary restraining order (TRO) by the Court of Appeals (CA) on its takeover of Camp John Hay. Full article

SLIDESHOW: How to use your credit card responsibly

As of 05/23/2015 10:33 AM
MANILA - A credit card is "evil," or so most Filipinos say when they give reasons for not having one. But whether or not you create bad debt depends entirely on the way you use it. Full article

Why should PH businesses invest in EU?

As of 05/23/2015 9:06 AM
Most Filipinos see Europe as a place for tourists, not for entrepreneurs or professionals, because of high costs of living and a seemingly high barrier for investments. Ambassador Guy Ledoux will talk about why you need to take a second look at the European Union as a place for business not just sightseeing. Full article

Philippines pushing for SMEs in global trade agenda

As of 05/22/2015 9:10 PM
BORACAY – Experts at APEC Philippines are working hard to figure out how free trade can help small businesses. Full article

Mazda, Mitsubishi add 624,000 more cars to air bag recall

As of 05/22/2015 7:12 PM
TOKYO - Mazda Motor Corp. and Mitsubishi Motors Corp. said on Friday they would recall about 624,000 more vehicles to replace air bag inflators made by Japan's Takata Corp., following similar moves last week by domestic automakers. Full article

BSP plans to launch real estate price index soon

As of 05/22/2015 5:37 PM
MANILA - The Philippine central bank will soon introduce a property price index, part of a series of measures to help prevent an asset-price bubble from forming in the real estate market. Full article

San Miguel, Metro Pacific pass CALAX technical evaluation

As of 05/22/2015 5:08 PM
MANILA (UPDATE) – San Miguel Corp. (SMC) and Metro Pacific Investments Corp. (MPIC) have passed the technical evaluation conducted by the Department of Public Works and Highways (DPWH) for the rebidding of the P55 billion Cavite-Laguna Expressway (CALAX). Full article

Profiles

Philippine internet speed: So slow and so far behind

Philippine internet speed: So slow and so far behind

The Philippines is way behind other countries in the Asian region where the fastest and second fastest Internet speeds in the world are found. In the latest Ookla household download index, the Philippines ranks 21st out of 22 countries in Asia, trailed only by war-torn Afghanistan.

Business Specials

5 small business ideas for hard-working OFWs

Business Ideas

When you come back to the Philippines, the question you need to ask yourself is, “What comes next?”