The Philippines’ most famous fast-food chain is expanding its footprint across Asia with plans for expansion in Singapore and Indonesia. Dennis Flores, Jollibee president and head of international business in Europe, Middle East, Asia and Australia, confirmed that 15 more outlets will be opened in Singapore in the next five years. Jollibee already has five […]
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Manila Subway Closer To Reality As Japan, PH Sign Notes
Manila’s long awaited subway is one step closer to reality. The Philippines and Japan have exchanged notes on the gigantic infrastructure project on the sidelines of the two countries’ bilateral meeting late Monday, witnessed by both President Rodrigo Duterte and Prime Minister Shinzo Abe. The exchange of notes are a prelude to the signing of […]
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Philippine economy sizzles in Q3 growing 6.9%, one of Asia’s best
The Philippine economy grew by 6.9% from July to September 2017, beating analysts expectations and overtaking China in growth again. The country’s Q3 Gross Domestic Product (GDP) surpassed the midyear growth rate of 6.5 percent, and the Nomura Securities projection for a 6.7% growth rate. The national statistics agency credited manufacturing, trade, and real estate, […]
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7 Good Reasons to Do Business in the Philippines
The Philippines is no longer the sick man of Asia, and the world’s businesses know it. With the country breaking new records in the stock market, sustaining a rising GDP growth rate, receiving positive international forecasts, and iconic Filipino optimism translating to consumer confidence – global investments are pouring into the country, now touted as […]
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Japan Promises Over $1B in Loans For Key PH Infrastructure Projects
Key infrastructure projects of the Duterte administration will get a boost from Japan funds, after the Japanese government has pledged to close to Php 60 billion worth of loans during President Rodrigo Duterte’s two day visit to Japan. The loan will cover three projects, and will amount to about an equivalent of 129.857 billion yen […]
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Japan And PH Ink $6B Worth Of Business Deals
More investments are expected to pour into the Philippines in the coming years, as at least 18 business deals were signed recently between Philippine and Japanese firms that will yield at least $6 billion worth of new investments. Philstar.com reports that none other than President Rodrigo Duterte witnessed the signing of the agreements, which ranged […]
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Chinese tycoon Jack Ma says Filipinos have the “Heart to Serve,” shares Success Secrets
Chinese billionaire Jack Ma says Filipinos have a “heart to serve.” The 53-year-old Alibaba Chairman, an icon in the technology sector stressed that Filipinos are poised to weather the automation wave that has the potential to displace jobs in manufacturing. “Artificial intelligence, robots will kill a lot of jobs for manufacturing but the services industry […]
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6 Filipino firms in Forbes list of World’s Best Employers
Six Philippine-based companies are listed in Forbes Magazine’s World’s Best Employers list in a survey report released mid October. Ayala Corporation topped the Philippine entries at #18. Ayala Corp, led by CEO Jaime Augusto Zobel de Ayala, II, also ranked #103 in the Top Regarded Companies list. The World’s Best Employers lists the top 500 […]
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Qatar-based Pinoys get a Taste of Home through Filipino Entrepreneur
Dahlia Agbanlog knew early on that Pinoys living and working in Qatar would want to eat traditional meals that reminded them of home. Transitioning to working at a foreign land isn’t easy, and chomping down on Adobo served by fellow Pinoys certainly helps your mind feel at ease in a foreign country, she reasons. Dahlia […]
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Philippine stock market surges to new all-time high this week
The Philippines is one of the best performing stock markets in Asia, after breaking new record highs two times this week. On Tuesday, the PSEi finished at a fresh record high of 8,312.93. On Wednesday, the benchmark index scaled new heights surpassing the previous day’s high to close at 8,344.05. The investor euphoria continued throughout […]
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Bohol furniture maker’s success credited to local invention
Bohol Furniture and Lumber Supply has risen from being a fledgling small lumber retailer to a major company, thanks to a local Filipino invention. Cirilo Sumampong’s company in Dauis now commands a gross income of PhP 1.16 million a month after using the Department of Science and Technology’s Forest Products Research and Development Institute’s (DOST-FPRDI’s) […]
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Mark Gonzalez inducted into Business of Fashion
Philippine-based retail executive Mark Gonzalez of H&F Retail Concepts has made the elite Business of Fashion 500 list. Industry professionals who are shaping the global fashion industry.
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