Remittances from overseas Filipino workers (OFW) continue to increase, as the Bangko Sentral ng Pilipinas recorded a total of $1.9 billion worth of personal remittances from Filipinos who work and live abroad in January 2013. The figure is higher by 8.4% compared to the $1.7
To those airline passengers who have missed meetings and appointments because of hours of delays, to those who have lost their luggage without either compensation or even a sincere apology from airline companies, and to those who were lured by “cheap” fares only to discover
With its revised growth prospects despite a declining global economy, is the Philippines set to finally realize its status as one of Asia’s next tiger economies? Possibly, as seen by upward revisions on the country’s GDP forecasts by three international lending and credit rating agencies.
The cities of Makati, Tagaytay, and Pasig are the top three cities in the Philippines in terms of per capita income in 2009, while the cities of Bayawan (Negros Oriental), San Fernando (Pampanga), and San Jose Del Monte (Bulacan) are the bottom-dwellers. This is according to
It’s confirmed: Ramon Ang of San Miguel Corporation (SMC) is interested in acquiring a substantial interest in the country’s carrier Philippine Airlines. Ang himself confirmed this in a report by ABS-CBN News. San Miguel Corp. is said to be in the middle of due diligence
Most of us know Jaime Augusto Zobel de Ayala, Danding Cojuangco, Tony Tan Caktiong, Manny Pangilinan, Andrew Tan and various others who head the largest corporations in the Philippines. We know how daunting their task is of managing their companies on a daily basis striving
Manny V. Pangilinan (MVP) is on a buying spree. Through his holding firm Metro Pacific Investments Corp. (MPI), MVP acquired the following: telecommunication company PLDT in 1988; water concessionaire Maynilad in 2006; the Manila North Tollways in 2008; the Philippines’ largest mining company Philex in
The Yellow Cab pizza chain is now owned by the Pancake House Group. Most Filipinos would probably be surprised about the news because a lot of people thought Yellow Cab is an international brand. In reality, though, Yellow Cab is a Philippine pizza chain that