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325 Results Found For "Manila / Business"

Oxfam, PayMaya: Stronger digital financial ecosystem needed

/ from September 13, 2019

A STRONGER digital financial ecosystem is needed to build the Philippines' capability to swiftly respond to disasters and emergencies, executives of PayMaya and Oxfam said, citing outcomes from the Inclusive and Affordable Financial Facilities for Resilient and Developed Filipinos (iAfford) program.The iAfford program is a collaboration among Oxfam and other ...

PCC approves The Body Shop acquisition of Avon

/ from September 13, 2019

ANTI-TRUST watchdog Philippine Competition Commission (PCC) has approved the acquisition by Natura Cosméticos S.A. (Natura) of Avon Products Inc. (Avon), marking the merger of two of the world’s popular beauty and personal care brands with presence and following in the Philippines.Natura, parent firm of The Body Shop, is a global ...

BDO wins Award of Excellence in 17th Philippine Quill Awards

/ from September 13, 2019

BDO Unibank was bestowed the Award of Excellence for a TV documentary that tackled its “We Find Ways” philosophy and how it transformed the lives of Filipinos and contributed to nation-building, among others, at the recently held 17th Philippine Quill Awards of the International Association of Business Communicators (IABC) Philippines.The ...

House approves corporate income tax reform bill

/ from September 13, 2019

THE House of Representatives, voting 170-8 with 6 abstentions, approved on third and final reading the Corporate Income Tax and Incentives Rationalization Act (Citira), or Package 2 of the Duterte administration's Comprehensive Tax Reform Program.House Bill 4157, formerly known as Trabaho bill, is the fourth bill passed by the House ...

House approves foreign investments, tax reform bills

/ from September 9, 2019

THE House of Representatives on Monday, September 9, approved on third and final reading two bills seeking to implement foreign investment and tax reforms.House Bill No. 300, which seeks to amend the Foreign Investments Act (FIA), received 201 affirmative votes, 6 negative and 7 abstentions.After a roll call vote, House ...

Nokia, Smart set their sights on bringing Industry 4.0 to Southeast Asia

/ from September 9, 2019

NOKIA and Smart, PLDT’s mobile arm, are working together to bring Industry 4.0 to Southeast Asia.This follows the recent announcement that Nokia and Smart were first in the Philippines and the Southeast Asian region to complete a live 5G "standalone" video call.Standalone refers to systems, such as Nokia’s cloud native ...

McDonald's urged to expand senior, PWD hiring program

/ from September 6, 2019

THE Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP) has called on fastfood chain McDonald’s to expand its hiring program for senior citizens and persons with disability (PWDs).In a statement, ALU-TUCP executive vice president Gerard Seno said they are hoping that the McDonald’s management will extend the program and ...

Inflation continues to weaken, nears 3-year low

/ from September 5, 2019

PRICES of basic goods and services increased at its slowest pace in nearly three years, with headline inflation reported at only 1.7 percent in August.The Philippine Statistics Authority (PSA), in a statement on Thursday, September 5, said the August inflation rate was lower than July 2019's 2.4 percent and the ...

Duterte approves measures to ease impact of US-China trade war

Ruth Abbey Gita / from September 5, 2019

AS THE trade war between the United States (US) and China continues, Malacañang said measures are being prepared to counter the possible negative impact of the rising tensions betweem the two largest economies.Presidential Spokesperson Salvador Panelo said Thursday, September 6, said President Rodrigo Duterte approved the proposed measures presented by ...

Duterte cuts LandBank, DBP dividend rates

Ruth Abbey Gita / from September 2, 2019

PRESIDENT Rodrigo Duterte has ordered a substantial reduction in the dividend rates of the state-run Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) to be remitted to the national government to support its financial viability.Under Executive Order (EO) 89 signed by Duterte, the dividend ...

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