"We supported the rebel's side early on. Our trucks were among those that barricaded EDSA. We could see clearly at that time that change was needed." Unknown to many, global logistics provider Royal Cargo Combined Logistics, Inc. is a Filipino company.
Read MoreThe recent strong inflow of dollar remittances contributed to a couple of interesting economic outcomes—the rise of the peso against the dollar and a surplus in the balance of payments.
Read MoreLike Manila, many cities around Europe share the very festive Christmas tradition. As the holiday season nears, almost ervryone celebrates their own special type of bazaar -The Christkindlmarket
Read MoreTo be at the forefront of selling the Philippines as a retirement haven and premier healthcare destination for retiring executives and those in need of medical attention is nothing short of a monumental task.
Read MoreFinance Secretary Cesar Purisima, in a meeting with senators yesterday, agreed to scale down from P60 billion to P40 billion the revenue target from the Palace-endorsed "sin" tax bill imposing higher excise taxes on all cigarette brands and alcoholic drinks, a senator privy to the caucus said.
Read MoreSenator Franklin Drilon, a staunch ally of President Benigno Aquino III, was named chairman of the Senate ways and means committee Tuesday, and vowed to come up with a sin tax bill that came closer to the P60 billion in extra revenue the Finance Department wants.
Read MoreThe Philippine Chamber of Commerce and Industry feels that trade agreements will help the country attract more investments.
Read MoreEuropean businessmen are beginning to look at the Philippines again despite some soured investments in the past, the latest one a $200- million aviation equipment supply of a French firm that has been put on hold.
Read MoreIn the wake of the controversies generated by the sin tax reform bill, European businessmen said the Philippines should comply with a ruling of the World Trade Organization (WTO) or face retaliation from the European Union.
Read MoreDismayed over the Senate sin tax version, the European Chamber of Commerce and Industry has warned that the country's exports of tuna and its benefits under the Generalized System of Preferences (GSP), which grants duty-free entry of exports to Europe, would face retaliatory action saying the Senate version does not comply with the ruling of the World Trade Organization.
Read MoreEuropean businessmen are now moving forward in their investment plans in the Philippines as they see a fresh start in the economic relations between the Philippines and Europe with the forthcoming visit of French Prime Minister Jean-Marc Ayrault, the first European head of state to visit the country in many years.
Read MoreItalian companies have expressed their interest to invest in the Philippines and participate in the country's Public-Private Partnership (PPP) Program eyeing smaller projects.
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