Biz group wants closer Indian-PHL economic ties

MANILA—Federation of Indian Chambers of Commerce (Philippines) Inc. (FICCI) is seeking closer economic cooperation between Manila and New Delhi, its president Rex Daryanani has said. In...

Guidelines to formalize ‘5-6’ lending out next month

MANILA—The government is finalizing the guidelines to formalize the ‘5-6’ lending scheme and is set to release the document by March, Federation of Indian Chambers and...

Php1.5-B SM mall puts Legazpi City in map as Bicol’s trading hub—mayor

                                          LEGAZPI CITY—Legazpi City Mayor Noel...

Globe Telecom tops Asiamoney’s Best Managed Companies in PHL

MANILA—Globe Telecom has emerged on top of Asiamoney’s Best Managed Companies poll for large-cap companies in the Philippines. Companies were nominated on the basis of product/service...

China’s Ministry of Commerce official leads mission to Manila

MANILA—Ministry of Commerce of People’s Republic of China (MOFCOM) Deputy Director General Li Shaotong is leading a 10-man business delegation here to explore stronger partnership between...

Ayala acquires 43.3% stake in Zalora Philippines

MANILA—Conglomerate Ayala Corp. has acquire a 43.3-percent ownership stake in BF Jade E-Service Philippines, the owner and operator of the country’s largest online fashion platform Zalora...

Canadian market suffers worse loss in 3 weeks

TORONTO—Canada’s main stock market in Toronto saw its largest retreat since Jan. 30 on Wednesday, as poor retail sales figures and lower crude oil prices contributed....

Security Bank, MUFG-hosted biz matching registers almost 200 meetings

PHL motorcycle industry seen to surpass Thailand’s sales volume

MANILA—The country’s motorcycle industry is expected to surpass the sales volume of Thailand’s sector for 2017, Motorcycle Development Program Participants Association (MDPPA) President Armando Reyes told...

China’s Sichuan Airlines to deliver boost for New Zealand economy

WELLINGTON—China’s Sichuan Airlines is to begin direct flights to New Zealand in June, providing a significant boost to the New Zealand economy, Auckland Airport officials said...