Online retail growing fast in India while big box rivals lose way in maze of restrictions

China Mobile first half profit falls 8.5 per cent amid heavy spending to roll out 4G service

BEIJING—China Mobile Ltd., the world’s biggest phone carrier by number of subscribers, said Thursday its first-half profit fell 8.5 per cent as the company rolled out...

Rate hike – no effect to PH capital flow

MANILA — The Bangko Sentral ng Pilipinas (BSP) recently announced that the implementation of rate hike failed to boost the capital entering the country. In an...

Exports rise to 21% in June

MANILA – The country’s exports increased with the fastest rate than any other major Asian economy for the month or June. “Export gains are broad-based, as...

Truckers, customs brokers protest in Manila

MANILA, Philippines –Members of the Alyansa ng Truckers at mga Organisasyon sa mga Puerto (ATOP), a gorup of truckers and Customs brokers, rallied in front of...

‘Anomalous’ poverty program, opposed by solons

Representatives Luz Ilagan and Emmi de Jesus, both with the Gabriela Party-list, strongly decried the increase in allocations towards the “anomalous” Pantawid Pamilyang Pilipino Program (4Ps),...

Revenue target for 2015, set by government

MANILA – P2.34 trillion. That is the amount the Philippine government has set as its revenue target for 2015. The amount will mainly be used to...

Admin, Senate, DBM ratings plummet; hit lowest-ever mark

MANILA – A survey conducted last month by members of the Makati Business Club (MBC) shows that the overall satisfaction ratings of both the Senate and...

Thousands of taxpayers continue to run afoul of TFSA withdrawal rule

OTTAWA — A tricky rule keeps tripping up thousands of Canadians who make withdrawals from their tax-free savings accounts, and replace the money too early. Some...

China’s export growth accelerates, imports sag

BEIJING — China’s export growth accelerated in July but imports sagged in a possible sign of weakness in the world’s second-largest economy. Exports jumped 14.5 percent...