Displaying all posts for Business

DA to sell 1 M kilos of surplus mangoes

By Catherine Talavera/The Philippine Star – The Department of Agriculture (DA) targets to sell around one million kilos of mangoes through its metrowide marketing campaign in a bid to address the two million kilo surplus produced by local farmers. “Within the week, we are expecting to dispose one million kilos. Read more »

Coca-Cola to invest in P1-billion recycling facility in the Philippines

via rappler.com – Coca-Cola’s bottling arm in the Philippines says it recognizes that ‘there is a packaging waste problem in the world today,’ and it wants to be ‘part of the solution for the long haul’ Coca-Cola Beverages Philippines, Incorporated (CCBPI) said it will be investing P1 billion to pioneer Read more »

Cebu-based startup sells pencils that can grow into plants

via CNNPhilippines – What can be done to a pencil when it’s worn down to its nib? Eco Hub, a startup based in Cebu, pitches that one can grow plants from it by simply placing the stub on a moist soil. The social enterprise sells “plantable” pencils with an Read more »

Pinoy workers power Taiwan’s tech industry

By Czeriza Valencia/he Philippine Star – Filipino workers continue to power Taiwan’s electronics and technology industry, a visiting expert from a Taiwan-based think tank said. Kristy Hsu, director of the Taiwan ASEAN Studies Center at the Chung Hua Institution for Economic Research (CHIER), said Filipinos now outnumber other foreign workers Read more »

Indonesian player on offense in Philippines’ $1bn coffee war

By Cliff Venzon/asia.nikkei.com – A coffee war is brewing in the Philippines after Indonesia’s PT Mayora Indah announced plans to produce instant coffee locally to take on Swiss giant Nestle and local food and beverage juggernaut Universal Robina. PT Mayora early this week said it would invest $80 million in Read more »

A peek into the Revised Corporation Code of the Philippines

By Amicus Curiae/.bworldonline.com – On 20 February 2019, President Rodrigo Duterte signed into law Republic Act No. 11232, otherwise known as the Revised Corporation Code of the Philippines (the “New Code”), which may be considered as a landmark legislation updating the 38-year-old Corporation Code of the Philippines (the “Old Code”) Read more »