Displaying all posts for Business

Mall in the middle: Cast of the SM Aura soap

By Cai Ordinario/Rappler.com – The battle for prime real estate in the crowded but profitable domain of Metro Manila is at the core of an ongoing dispute among and between parties in business and government. At stake is an over 3.3-hectare property in Taguig City adjacent to a main Read more »

Suze Orman: PH money culture must change

By Lean Santos/rappler.com – If Filipinos want to save and become financially sustainable in the future, they should start changing their culture of spending beyond their means, world-renowned personal finance guru Suze Orman said. “Don’t spend money you don’t have to impress people you don’t know or even like,” she Read more »

Philippine Stocks Crash: Symptom of Growing Economic Imbalances

by Richard Javad Heydarian After three years of bullish run, the Philippine Stock Exchange (PSE) is on the downhill. Featuring among the emerging markets’ hottest for almost 12 months, the PSE is now, however, filled with among the most overpriced stocks in Asia and beyond. And quite predictably, investors Read more »

The gunmakers of the Philippines

By Kate McGeown/BBC News – A shot rings out from a factory on the outskirts of the Philippines’ second-biggest city, Cebu. But this isn’t an all-too-frequent drive-by killing or an argument that has become violent. The sound is from a testing range at Shooters Arms, the country’s second-largest gun factory. Read more »

DOTC gets P1.89 B for NAIA 3

By Zinnia B. Dela Peña – The Department of Budget and Management has turned over P1.89 billion to the Department of Transportation and Communications to complete and refurbish the Ninoy Aquino International Airport terminal 3 (NAIA 3). The government earlier forged a $45-million deal with Japanese contractor Takenaka Corp. Read more »

Rich Pinoy, Poor Pinoy: Poverty amid a booming economy

BY SIEGFRID O. ALEGADO, GMA NEWS – Metro Manila these days is marked by crane-topped cities rising as the property market booms albeit alongside slums – poverty-stricken households whose hungry members marvel at multimillion-peso-per unit high rises amid a much-vaunted strong economy and fiscal position. Rosy prospects for Read more »