Imagine travelling from Batasan Pambansa in Quezon City to Bonifacio Global City in just 30 minutes during rush hour traffic. That’s the dream behind the construction of the new C6 Expressway project, which officially broke ground on January 8, 2018. The groundbreaking for the first phase of the Southeast Metro Manila Expressway (SEMME) was led […]
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Good Business showcases outstanding business practices and industry progress
World Bank: Philippines will continue to be Southeast Asia’s fastest-growing economy
The World Banks predicts the Philippines will continue to be the fastest-growing economy in Southeast Asia. Gross domestic product (GDP) growth is expected to hit 6.7 percent this year and the next before moderating to 6.5 percent in 2020. The estimates, however, are all lower than the government’s 7.0-8.0 target. On average, The Washington-based multilateral […]
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ART ‘N’ Nature’s Inday Genius does business with a heart
The woman was clearly from a remote mountain village; her dress and demeanor gave her away. She was nursing a child and crying as she narrated how a middleman had shortchanged her.
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Pinoy fast food chain Binalot expands in UAE
Homegrown Filipino fastfood Binalot has recently opened 2 more outlets in the United Arab Emirates. The 2nd UAE branch of Binalot opened in Deira City Centre, the busiest mall in Dubai where most Filipinos frequent. The latest one is the Little Manila Abu Dhabi branch at Al Roumi Building, Fatima Bint Mubarak Street, Al […]
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Philippine Stock Exchange CEO bullish on stock market in 2018
The local stock market ended 2017 on a record high and is expected for another strong year in 2018 as the country undertakes new initiatives to attract more investors. “In 2017, the market did very well. It has been a very profitable year I guess for the investors,” said Philippine Stock Exchange (PSE) president Ramon […]
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Try This Unconventional Farming for a Better Yield
In places where deep-seated traditions have been handed down from one generation to the next, introducing innovation may not always work. But this isn’t the case with some farming communities in Marinduque. Averiel Rosales, from the Napo farming community in the province, had been planting rice the conventional way for over 20 years. In June […]
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AKABA: Weaving a brighter future for poor Filipinos
AKABA Ltd. Design Co. seeks to not just promote indigenous peoples’ culture but also help alleviate poverty by promoting loom-weaving. Forty-year-old Liwayway Caparas from Ilocos Norte is witness to the noble work that the two-year-old Filipino travel bag and accessories brand is undertaking, being one of the 102 weavers from across the Philippines that AKABA […]
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Asian Development Bank raises Philippine growth forecast in 2017/18
The Asian Development Bank has upgraded the Philippines growth outlook this year from 6.5% to 6.7% and from 6.7% to 6.8% in 2018. The Manila-based ADB said strong household consumption, manageable inflation and infrastructure investment are the factors for the improving growth data. “The government is on track to achieve its target of spending 5.3 […]
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Philippines wins Fitch credit rating upgrade, vote of confidence on economic reforms
Fitch Ratings raised the Philippines’ sovereign rating by one level, from BBB- to BBB, with a stable outlook, amid favorable economic conditions and planned tax reform. The upgrade of the Philippines’ sovereign rating is important as it would bring down the costs of overseas borrowing for Filipino companies. Also, it will bring down the cost […]
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Sowing the seeds of a better future
You reap what you sow, thus it is only fitting that a seed company, Allied Botanical Corporation (ABC), would ascribe to this truism through its decades-long operation. With millions of seed packets sold to farmers each year, the company is among the leading breeders, producers and distributors of seeds in the Philippines. Established in 1984, […]
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Why the Philippines will be an Economic Powerhouse by 2050
The Philippines will be one of the world’s powerful economies by 2050 – largely driven by its population growth, according to a report by professional services giant PwC. In its 2017 report “The long view: how will the global economic order change by 2050?” PwC ranked 32 of the largest economies in the world, accounting […]
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Philippines still a sweet spot for international investors
The Philippines remains a key investment destination in Asia. At the Euromoney Philippine Investment Forum, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said the country is still an attractive investment destination since the economic outlook remains strong with capital markets being deepened and developed, programs to improve infrastructure, and expansion of trade and […]
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