Business groups call on China to stop behaving like an imperial power

Major business groups in the Philippines have called on China to stop acting like an imperial power and to withdraw their vessels that have been...

Finland open to exploring PH business opportunities

Finance Secretary Carlos Dominguez 3rd and Finnish Ambassador to Manila Juha Pyykkö met recently to discuss ways on how the Philippines and Finland can expand their...

Vehicles sales increase in first 3 months of 2021 despite pandemic

Despite the coronavirus disease 2019 (Covid-19) pandemic, the domestic sales of automotive vehicles increased in the first quarter of the year.   A joint report of...

Office space market manages to grow in first quarter despite Covid pandemic

The Philippine office market continued registering new demand in the first quarter of 2021 and is growing despite the pandemic as more firms are...

Globe beefs up presence in Guimaras

Globe is beefing up its sites in Guimaras, known as the "mango capital" of the Philippines. As part of its commitment to improve network connectivity...

Central bank keeps interest rates for credit card balances

The Bangko Sentral ng Pilipinas is maintaining the cap on interest rates for credit card balances. This means the maximum interest rate or finance charge...

Chinese regulators fine Alibaba $2.8 billion for anti-monopoly practices

Chinese regulators have fined giant e-commerce giant Alibaba 18.3 billion yuan ($2.8 billion) on charges of violating anti-monopoly rules. The ruling Communist Party is tightening...

Florida government sues US govt over shutdown of cruise ship industry

Florida Gov. Ron DeSantis announced Thursday a lawsuit against the federal government over the cruise industry shutdown during the coronavirus disease 2019 (Covid-19) pandemic. Tens of thousands...

US sanctions Myanmar generals’ gem business

The United States on Thursday imposed additional punitive sanctions targeting the Myanmar junta over its usurpation of the government and its bloody crackdown on...

BSP: Despite lockdowns, business sentiment is improving

Business sentiments improved both in the first and second quarters this year despite the two-week enhanced community quarantine (ECQ) in National Capital Region Plus...