Displaying all posts for Business

Facebook opens office in PH

facebook-philippines-

via CNN Philippines – Facebook Vice President for Asia Pacific Dan Neary announced on Wednesday (April 20) that the social network has opened its first office in Manila, Philippines. The new Manila office aims to strengthen Facebook’s investment in the Philippines and commitment to help connect people with the Read more »

RCBC treasurer resigns amid money laundering case

Former Rizal Commercial Banking Corp. (RCBC) treasurer Raul Victor Tan in a Senate hearing on the $81-million money laundering case. Photo via CNNPhilippines

via CNN Philippines – Amid the ongoing probe into the $81-million money laundering scandal hounding the Rizal Commercial Banking Corp. (RCBC), its treasurer has resigned from his post. Former treasurer and executive vice president Raul Victor Tan resigned effective Wednesday (April 20), RCBC said in a disclosure addressed to the Read more »

More Japanese look to Philippines to hone English skills

A Japanese woman (left) takes an English lesson from a Filipino teacher at English learning school QQ English, in Cebu, the Philippines, in December 2013. Photo via japantimes.co.jp

By Shinichi Tokuda/japantimes.co.jp – Japanese are increasingly choosing to study English in the Philippines over the United States or U.K., driven by the lures of cheaper tuition fees and the proximity to home. And corporations are also encouraging staff to study in the Philippines, where English is one of the Read more »

11 Filipino tycoons back in Forbes’ list of world’s richest

Photo via Philstar.com

By Chrisee Dela Paz/rappler.com – All 11 Filipino tycoons who were featured in the 2015 edition of Forbes World’s Billionaires remained in this year’s exclusive billionaires’ circle, though most of them saw a decline in fortunes. (READ: 10 Filipinos on Forbes ’30 Under 30 Asia’ list) Even the richest man Read more »

Jollibee acquires 40% stake in US-based Smashburger chain

Photo via smashburger.com

via rappler.com – Fastfood giant Jollibee Foods Corporation (JFC) acquires Denver, Colorado-based Smashburger, a quick service restaurant chain, for a substantial stake nearly worth $99 million. JFC, in a disclosure to the stock exchange Tuesday, October 13, said its wholly-owned subsidiary Bee Good! Incorporated (BGI), entered into an agreement Read more »

Emperador eyes French cognac maker

emparador

via ABS-CBNnews.com – Emperador Inc. on Monday said it is planning to submit a bid for Louis Royer SAS, a cognac maker in France. “Emperador Inc. wishes to clarify that it has expressed interest to participate in a bidding process for the acquisition of Louis Royer SAS, a cognac Read more »

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