Philippines Report

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Up to 10,000 Jollibee workers to be regularized

Labor Secretary Silvestre Bello III on Thursday said more than 10,000 workers of Filipino fast-food giant Jollibee Foods Corp. may soon be granted regular employment status. Bello said the inspection of compliance to labor laws by establishments, including Jollibee’s other [...]

April 6, 2018 Business

PH ranked 2nd most unfriendly country to startup businesses

PH ranked 2nd most unfriendly country to startup businesses: Senator Paolo “Bam” Aquino IV on Tuesday renewed his call for the passage of a measure strengthening support for Filipino entrepreneurs, especially those in start-up businesses. Aquino said it is important [...]

March 20, 2018 Business

Coming soon: Ikea at SM Mall of Asia

The guess­ing game is over, Ikea at SM Mall of Asia coming soon. Swedish fur­ni­ture gi­ant Ikea is open­ing its first Philip­pine store be­side the Mall of Asia, this we have on good au­thor­ity. The Ikea store will have its own [...]

March 12, 2018 Business

Comelec to hold public hearings on barangay polls postponement in Mindanao

MANILA, Philippines — The Commission on Elections will conduct public hearings on whether to postpone or not the Barangay and Sangguniang Kabataan elections in Mindanao set on May 14. The Comelec en banc said that the public hearings will be [...]

January 12, 2018 Business

PCSO chairman resigns

MANILA, Philippines (Updated 4:20 p.m.) — Malacañang on Friday announced that Philippine Charity Sweepstakes Office Chairman Jose Jorge Corpuz, an “invaluable worker in government,” had resigned from his post for health reasons. Presidential spokesperson Harry Roque however clarified that Corpuz is not [...]

January 12, 2018 Business

PH seeks to boost fruit exports to S. Korea

The Philippines on Saturday requested improved market access for its fruit exports to South Korea during the meeting of the Association of Southeast Asian Nations' (ASEAN) Economic Ministers in Manila. Trade Secretary Ramon Lopez made the request to his counterpart, [...]

September 10, 2017 Business, News
Britons in ‘investment scam’

3 Britons in ‘investment scam’ held

Britons in ‘investment scam’ – The National Bureau of Investigation arrested three British nationals, along with 35 local personnel, for allegedly running an investment scam from a Cavite-based company. A press briefing at the NBI headquarters in Manila on Friday [...]

April 9, 2017 Business
okada invested in the philippines

Why Japanese billionaire Okada invested in Philippines

MANILA – Japanese casino tycoon Kazuo Okada said he bought land in the Philippines nearly a decade ago, seeing immense potential in what was then, Asia’s laggard economy.     On Wednesday, Okada soft opened a $2.4-billion plum-hued gaming resort in [...]

December 23, 2016 Business

Duterte-signed peso bills out next week – BSP

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is set to release the initial batch of banknotes bearing the signature of President Duterte starting next week. BSP Governor Amando Tetangco Jr. said the new generation currency (NGC) bills bearing [...]

December 14, 2016 Business

Cigar makers told to also put graphic health warnings

It’s not just Cigarette makers; even cigar makers were reminded by an anti-smoking group to comply with the impending implementation of the graphic health warning (GWH) Law. “Cigarette makers are also sternly reminded to follow the existing GHW Law as [...]

October 23, 2016 Business, Health, Lifestyle, News, What The Papers Say

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