Foreign Companies Eyes Relocating to Clark Green City

The Clark Green City in the former Clark Air Base in Pampanga will be site of the foreign companies who eyes relocating some of their major economic activities in the newly-developed area. The Bases Conversion and Development Authority confirm it is in talks with at least 20 Japanese firms. Aside from the 20 Japanese firms … Read more

PLDT, Globe Faces Fines on P70-Billion Deal with SMC

PLDT, Globe considered as the leading telecommunications company in the Philippines could face fines from the national government for allegedly not complying with the rules, when they acquired the telecommunications assets of San Miguel Corporation for P70 billion. The Philippine Competition Commission (PCC) said that they denied the initial filing of PLDT and Globe, which … Read more

San Miguel Corp. (SMC) to Sell Telco Assets to Globe, PLDT

One of the country’s leading business conglomerates, San Miguel Corp. (SMC) plans to sell their telecommunication assets to the leading telecommunications company in the Philippines, Globe Telecom and Philippine Long Distance Telephone Co.(PLDT). The joint telecom buyout of SMC’s business will further cement the duopolistic hold of PLDT and Globe in the telecom business amid … Read more

Jollibee and Cargill Inc. to Build a Poultry Processing Plant

World-renowned Filipino-company Jollibee will be building its own poultry farm as it partnered with US-based Cargill Inc’s local unit and make the country’s largest fastfood operator having its own poultry processing plant and will no longer rely from outside sources. Jollibee will invest P244.9 million for a 30-percent stake in the plant. The fast-food giant … Read more

SMC Revives Its Massive Manila Bay International Airport Proposal to Mayor Duterte

One of the country’s largest conglomerate, San Miguel Corporation (SMC) plans to revive its massive Manila Bay International airport proposal to presumptive President, Mayor Rodrigo Duterte as they offer to solve air congestion and signal the Philippines is now serious about boosting tourism and trade in the entire Asian region. See Also: Mayor Duterte Plans … Read more

BSP, JP Morgan Optimistic on Philippine Economic Growth Under Duterte

Financial institutions Bangko Sentral ng Pilipinas (BSP) and investment giant JP Morgan expect the Philippines will continue to grow under President Duterte. BSP, JP Morgan believes that the country will continue to attract confidence of the markets as the Philippine economic growth prospers under the administration of Mayor Rody Duterte. According to BSP Deputy Governor … Read more

Motherhood And Entrpreneurship

Motherhood And Entrepreneurship In One Motherhood can be the most challenging and rewarding job woman could experience, where you take so much to sacrifice. But it doesn’t stop there, being a mother could also mean being businesswoman. CEO Moms, a startup community in the Philippines aims to build a network for all ladies to create … Read more

SM Assures No Contractualization on their Company

One of the country’s largest conglomerates SM Investments Corporation assures the Filipino public that none of its workers was hired on a contractual basis. The Philippines biggest mall, retail and banking group, stated in a news briefing on Wednesday that there are instances when the company hired on a “seasonal” basis. The “endo” topic or … Read more

Alibaba Group to Buy Lazada Group SA for About $1 Billion

China’s leading e-commerce giant Alibaba Group expands in the Southeast Asian Region with its $1 billion Lazada deal after the company founded by Jack Ma has agreed to buy control of the Indonesian e-commerce operator, Lazada Group SA, in hopes to see growth in the Southeast Asian region. In a news report posted by Bloomberg, … Read more