Business

Foreign airlines to add flights to PH following tax breaks

MANILA, Philippines - A number of international carriers are already looking at increasing flight frequencies or adding routes to the Philippines this year after the government removed taxes slapped on foreign airlines.

PSE index falls back to 6,700 level

MANILA, Philippines - After breaching the 6,800 level on Wednesday, the Philippine Stock Exchange index fell back to the 6,700 level.
 

BPO remains hottest job in PH

MANILA, Philippines - The largest job provider this year is still seen to be the business process outsourcing (BPO) industry, a jobs portal company said Thursday.

How to get yourself hired now

MANILA, Philippines - Still waiting for that call and wondering what you did wrong during the recent company interview you attended?

Bidding for 'contactless' MRT-LRT ticket system delayed anew

The government has once again given more time for interested bidders to prepare qualification documents for the proposed P1.72 billion single contactless ticketing system for the Metro Rail Transit (MRT) and Light Rail Transit (LRT).

17 charged for alleged rice smuggling

MANILA, Philippines - The Bureau of Customs (BOC) charged 17 persons for the alleged smuggling of rice from India and Vietnam worth P26 million.

Cebu Pacific adds Camiguin, Masbate routes; holds P1 sale

MANILA, Philippines - Cebu Pacific will soon fly from Cebu to two new island destinations, Camiguin in northern Mindanao and Masbate in Bicol region.

How Swedish giant IKEA plans to conquer Asia

MALMO, Sweden - Without a willingness to lug cheap flat-pack wardrobes home and wrestle with self-assembly, there would be no IKEA, but in Asia, where the locals have other ideas, the Swedish furniture giant thinks it still has a bright future.

Metrobank posts 40% increase in profit in 2012

MANILA, Philippines -Metropolitan Bank & Trust Company's (Metrobank) net income grew at a faster pace in 2012.

Aquino signs law lifting foreign carriers' tax

DAVAO CITY -- President Benigno Aquino has signed Republic Act 10374, the law exempting foreign air and shipping carriers from paying the common carriers tax on passenger traffic.