Retailer Hudson’s Bay Company posts first quarter Q1 profit on higher sales

TORONTO — Hudson’s Bay Company (TSX:HBC) is reporting first-quarter net earnings from continuing operations of $176 million, compared with a loss of $22 million in the...

Four groups bid for PHP 35.4B Cavite-Laguna Expressway Project

MANILA — The Department of Public Works and Highways (DPWH) on Monday accepted the technical bids of four groups including Ayala and San Miguel for the...

Entertainment One buys Canadian distributor Phase 4 Films for $27 million

TORONTO — Film distributor Entertainment One says it has reached an agreement to buy independent film and TV distributor Phase 4 Films for $27 million in...

Senator Aquino pushes 2-year tax exemption for start-up businesses

MANILA — Senator Paolo Benigno Aquino IV has filed a sensible bill granting tax exemption for start-up enterprises for the first two years of their business...

Abad optimistic on Eastern Visayas’ recovery, contribution to PHL economy

MANILA — Devastation caused by natural calamities in a wide area of the Visayas in the last quarter of 2013 was considered as a major factor...

Privatization of PNR gains support at the House of Representatives

MANILA — The proposed privatization of the Philippine National Railways (PNR) to pave way for the rehabilitation, upgrade and efficient maintenance of the country’s mass transit...

Coal-fired power plant inevitable in Palawan— Rep. Umali

PUERTO PRINCESA CITY — The impending construction of a coal-fired power plant in Palawan seems to be just waiting for the final green light, according to...

Music industry optimistic about Apple-Beats deal

When Cortez Bryant decided to negotiate a headphones marketing deal for his clients Lil Wayne and Nicki Minaj a few years ago, he turned down more...

Alberta’s minimum wage increases to $10.20 September 1

Minimum wage earners in Alberta will get a raise September 1 when the province’s two minimum wage rates increase to keep pace with rising provincial incomes...

“Be Careful With My Heart” phenomenon hits Malaysia and Vietnam