Displaying all posts for Business

Gov’t loses Danding shares in San Miguel

By SANDY ARANETA The Sandiganbayan First Division dismissed Wednesday the government’s claim to 17-percent stake in San Miguel Corp. making its chairman Eduardo “Danding” Cojuangco the undisputed owner of the stocks.

Wanted: Filipino investments

By Cielito Habito — Philippine central bank figures released last week tell us that inflows of net foreign direct investment (i.e., not counting portfolio investments or “hot money”) from January to July grew a whopping 70 percent over the same period last year, even better than the 50-percent growth posted Read more »

Gap to Open Stores in the Philippines

Gap Will Begin to Open Gap and Banana Republic Stores in Philippines NEW YORK (Associated Press) – Apparel retailer Gap Inc. on Tuesday said it agreed to open Gap and Banana Republic stores in the Philippines.

Slowing Inflation in Philippines – Points to Rate Cut

By CECILIA E. YAP and CRIS LARANO MANILA, Philippines — Inflation in the Philippines decelerated in August, with prices up 2.4% from a year earlier. That compared with a 2.6% rise in July, as increases in the costs of most commodities slowed.

Female execs dominate in Philippines

By Carol Lloyd – Today’s story about a report from the Department of Labor and Employment that women in the Philippines far outnumber men in executive positions should pique the interest of feminists around the world. Actually, the predominance of women in senior positions in the workplace in the Philippines Read more »

Demand and Supply

Image for Demand and Supply

By BOO CHANCO – It may be funny for Philippine Airlines to register as anything other than a Philippine airline. But what would stop Lucio Tan from creating a new airline called Air Guam and register it as an American flag carrier to enjoy the benefits here under the Read more »