EconomyLoop
where regional business news becomes global to everyone

Insurance Commission cites need for coverage against terrorism

The Insurance Commission (IC) on Wednesday renewed its call on the need for insurance against acts of terrorism, following the Marawi seize and the recent attack in Spain by terrorists. Insurance Commissioner Dennis B. Funa also urged the insurance i... read more

 Business Mirror15 hours ago

     
Feds review annual whaling quotas for Alaska Native hunters

ANCHORAGE, Alaska—Federal officials are reviewing annual catch limits for 11 Alaska Native communities whose subsistence hunters are authorized to harvest bowhead whales. The National Oceanic and Atmospheric Administration (NOAA) says the public has ... read more

 Business Mirror16 hours ago
Abaca output up 3.17% in January-June

Philippine abaca production grew 3.17 percent to 31,877.725 metric tons (MT) in the first half, from 30,898.8 MT a year ago, according to the latest data from the Philippine Fiber Development Industry (PhilFida). Data from the PhilFida showed that th... read more

 Business Mirror16 hours ago
AXA Philippines rolls out Internet-based insurance product

Philippine Axa Life Insurance Corp.  (AXA Philippines), the country’s second-largest life insurance firm, launched on Wednesday the first domestic Internet-based insurance product that offers Filipinos middle-priced protection and fund-accumulation r... read more

 Business Mirror17 hours ago
Senators eye repeal of bank-secrecy law

Senators looking into the reported multimillion peso hidden wealth of Commission on Election (Comelec) Chairman Andres D. Bautista are set to push for the passage of remedial legislation relaxing bank-secrecy rules. Sen. Francis G.Escudero and Minori... read more

 Business Mirror17 hours ago
DOF sees economy breaking out from slow growth

The Duterte administration will ride on the 6.5-percent growth in GDP in the second quarter to score irreversible economic achievements this year for the benefit of more Filipinos, according to the Department of Finance (DOF). Finance Secretary Carlo... read more

 Business Mirror17 hours ago
Primex creates subsidiary for mass-housing project

PRIMEX Corp., a boutique developer of mostly upscale projects, will create a unit that would go into mass housing, the company said in its disclosure to the Philippine Stock Exchange. Primex said a meeting of its board of directors on Wednesday resul... read more

 Business Mirror17 hours ago
Millennial-owned firm inaugurates solar farm

THE country’s first solar farm was inaugurated on Wednesday, establishing the Philippines as a major player in the global renewable-energy revolution, and enabling solar panels to become accessible to everyday Filipinos. The Solar Philippines Power P... read more

 Business Mirror17 hours ago
Ayala Land: Construction in PHL’s South in full swing

PROPERTY developer Ayala Land Inc. (ALI) on Wednesday said construction of its commercial projects in the southern part of the country is in full swing, as the company strengthens its regional presence. “For economic growth to be truly felt by more p... read more

 Business Mirror17 hours ago
PLDT tweaks mobile Internet strategy to further arrest decline in revenues

LISTED telecommunications firm PLDT Inc. said it will shift its mobile Internet strategy from selling connectivity to consumers to offering service packages. Eric R. Alberto, who sits as the company’s chief revenue officer, said the move to “go beyon... read more

 Business Mirror17 hours ago
Budget deficit widens to P205b

... read more

 The Standard17 hours ago
Nickelodeon abandons Palawan resort project

... read more

 The Standard17 hours ago
Ayala Land-Alcantara joint venture investing P20b in Davao

... read more

 The Standard17 hours ago
SC asked to lift order vs power competition

... read more

 The Standard17 hours ago
Taiwan warns PH vs fugitive businessman

... read more

 The Standard17 hours ago
PLDT holds event for RP startups

Leading telecoms and digital services provider PLDT, together with pioneering digital companies in the PLDT Group, is reinforcing support to the country’s thriving start-up communities as innovative tools and online solutions designed for budding ent... read more

 The Daily Tribune17 hours ago
RP growth faster in Q2

Philippine economic expansion will be faster in the second quarter than the first because of robust investment spending and good manufacturing outputs, a publication of an investment bank said in its August issue.Market Call, the joint publication of... read more

 The Daily Tribune17 hours ago
Local banks to grow fast in next 2 years

Local banks are set to continue to grow rapidly over the next two years, thanks to strong solid economic growth, corporate profitability, low interest rates, and a drop in nonperforming loans. That’s according to a report, titled “Philippine Banks To... read more

 The Daily Tribune17 hours ago
Australia, RP lead Asean women business forum

The Australian government and the Philippine Department of Trade and Industry (DTI) will co-host the Asean Forum on ‘Women’s Economic Empowerment: The Next Driver of Asean’s Success’ on August 29, 2017 at the Philippine International Convention Cente... read more

 The Daily Tribune17 hours ago
DTI: IB models key to boost Asean growth

More businesses in the Asean are now contributing to economic growth by providing income opportunities and relevant, affordable services and goods to vulnerable, low-income communities. These types of businesses, called inclusive business (IB), go be... read more

 The Daily Tribune17 hours ago
Lazada Phils. hosts online marketing solutions event

Lazada Philippines recently held its first Marketing Solutions Workshop recently at F1 Hotel in Bonifacio Global City. Entitled How to Win on Ecommerce, the event aims to showcase various tools and technologies that, when applied to a company’s digit... read more

 The Daily Tribune17 hours ago
Group leads water drive in Marawi City

Several organizations collaborate and continue to send water relief to thousands of families and military men affected by the ongoing crisis in Marawi City through “Agapay Para Sa Barangay” (APSB) program.Three months ago, when the armed crisis that ... read more

 The Daily Tribune17 hours ago
Neda eyes competitive RP industries, services

The country aims to develop a globally competitive industry and services sectors, which continued to the main drivers of economic growth.“In the industry and services sectors, we have outlined strategies for greater backward linkage with domestic fir... read more

 The Daily Tribune17 hours ago
Let your child play without worrying

By Jan Milo Severo, Contributor t the age of three, kids start to explore the outdoors. They don’t like to stay inside the house anymore because they seem to sense that adventure is out there. Parents, however, can’t always keep an eye on their preci... read more

 The Daily Tribune17 hours ago
A father’s love

By Jan Milo Severo, Contributor t was a sunny afternoon on October 23, 2013 in a hospital in Malabon. My wife was set to deliver our firstborn. The emotions running through me as I waited for that miracle moment are still fresh in my mind. Hours late... read more

 The Daily Tribune17 hours ago
Market drops; Cemex, Nickel Asia top gainers

... read more

 The Standard18 hours ago
Aetas support RP Energy project

... read more

 The Standard18 hours ago
Resorts World seeks P721m in insurance

... read more

 The Standard18 hours ago
Solar Philippines eyes factory expansion

... read more

 The Standard18 hours ago
BSP awards ?157.3b from weekly auction

... read more

 The Standard18 hours ago
S&P sees PH banks sustaining expansion

... read more

 The Standard18 hours ago
PLDT shifts mobile strategy to content

... read more

 The Standard18 hours ago
SAP and Accenture train Filipino talents

... read more

 The Standard18 hours ago
Insurance coverage urged vs terrorism

... read more

 The Standard18 hours ago
UK compromises to speed up Brexit

... read more

 The Standard18 hours ago
Barcelona hopes attacks won't dent its tourism appeal

... read more

 The Standard18 hours ago
‘PHL has enough chicken, no need for imports’

The United Broiler Raisers Association (Ubra) on Wednesday said the Philippines does not need to import chicken as its current inventory is “more than enough” for its requirements. Ubra president Elias Jose Inciong also said Agriculture Secretary Emm... read more

 Business Mirror18 hours ago
No new trade deal with US _ S. Korea

... read more

 The Standard18 hours ago
Brazil mulls over privatization of Eletrobras

... read more

 The Standard18 hours ago
SMAARRDEC vows to help farmers boost output

The Southern Mindanao Agriculture Aquatic and Natural Resources Research and Development Consortium (SMAARRDEC) on Wednesday staged the “Sipag ni Juan FIESTA sa Dabaw: Farms and Industry Encounters through Science and Technology Agenda” in Davao City... read more

 Business Mirror18 hours ago
In Vietnam, the best education can lead to worse job prospects

Nguyen Van Duc graduated two years ago with a bachelor’s degree in economics from one of Vietnam’s best universities. Today, he earns about $250 a month as a motorbike taxi driver in Hanoi. Duc, whose parents took second jobs so he could be the only ... read more

 Business Mirror19 hours ago
Cambodia rescinds expulsion of American charity workers

Cambodia’s prime minister said on Tuesday he has rescinded his decision to expel an American-led Christian organization that seeks to rescue and rehabilitate women working in the sex trade, accepting its apology and explanation that it did not intend... read more

 Business Mirror19 hours ago
Bank Indonesia’s rate cut shows comfort with rupiah outlook

Indonesia’s central bank surprised most economists on Tuesday by lowering interest rates, reflecting its relative comfort with the currency and inflation outlook. The benchmark rate was cut by a quarter point to 4.5 percent, with all but six of the 2... read more

 Business Mirror19 hours ago
Where’s the kelp? Warm ocean takes toll on undersea forests

APPLEDORE ISLAND, Maine—When diving in the Gulf of Maine a few years back, Jennifer Dijkstra expected to be swimming through a flowing kelp forest that had long served as a nursery and food for juvenile fish and lobster. But Dijkstra, a University of... read more

 Business MirrorYesterday
Dairy output up 11% in January-June–NDA

Philippine dairy production rose by 11 percent to 11,700 metric tons (MT) in the first half, from 10,540 MT recorded a year ago, according to the National Dairy Administration (NDA). In its report, titled “The Performance of the Philippine Dairy Sect... read more

 Business MirrorYesterday
7 basic leadership tasks: How and why real leaders negotiate

Imagine a typical leader, and you might think of someone who is bold, decisive, visionary, assertive and charismatic. Now think about the kinds of actions in which such a leader might regularly engage. Delegating, making top-down decisions and otherw... read more

 Business MirrorYesterday
Farm-gate price of rice went up by 3.48%–report

The average farm-gate price of paddy rice as of the first week of August rose by 3.48 percent to P19.59 per kilogram (kg), from P18.93 per kg a year ago, according to the Philippine Statistics Authority (PSA). The PSA said in its report that the farm... read more

 Business MirrorYesterday
Chicken prices seen recovering next month

The United Broiler Raisers Association (Ubra) expects the farm-gate price of chicken to recover next month after the government lifted the ban on the transshipment of poultry products from Luzon to the Visayas and Mindanao. Ubra President Elias Jose ... read more

 Business MirrorYesterday
Asean task force recommends boosting intraregional trade and investment flows

AMID the backdrop of steady economic recovery, high-ranking officials from the 10 member-states of the Asean gathered in the Philippines for the second time this year to finalize recommendations that could further bolster the region’s trade and inves... read more

 Business MirrorYesterday
CDC backs Magalang ideals

Clark Development Corp. (CDC) president and chief executive officer Noel Manankil said the state-owned firm supports the ideals of the Magalang business leaders in making the town more progressive.Manankil, who presented the on-going developments ins... read more

 The Daily TribuneYesterday