Business

DTI urges MSMEs to venture into E-commerce

MAKATI CITY, Apr. 13 -- The Department of Trade and Industry (DTI) is urging Micro Small and Medium Enterprises (MSMEs)…

DBM releases P234-M share of LGUs from mining taxes

MANILA, Apr. 14 -- The Department of Budget and Management (DBM) announced the release of the 40-percent share of Local…

Foreign Direct Investments more than double in January 2016

Foreign direct investments (FDI) reached US$587 million in January 2016, more than double its year-ago level of US$263 million. This…

Zuckerberg takes aim at Trump’s anti-immigration comments

SAN FRANCISCO, CALIFORNIA, United States (Reuters) - Facebook Inc said on Tuesday (April 12) it will allow developers to build…

Alibaba expands in Southeast Asia with $1 bn deal

SHANGHAI, China (AFP) -- Chinese e-commerce giant Alibaba will acquire a controlling stake in leading Southeast Asian online shopping platform Lazada…

#businessbytes: Property Report Philippines holds Inaugural Property Congress

  By Robert Capistrano MANILA, Philippines (Eagle News) -- Highly respected and influential market leaders in the real estate industry…

Crude holds above $40 in Asia ahead of producers’ summit

  SINGAPORE, Singapore (AFP) --  Crude prices dipped in Asia Tuesday but held above $40 as traders looked forward to…

Mainland China’s first official Hello Kitty restaurant opens in Shanghai

SHANGHAI, China (Reuters) - Hello Kitty fans in mainland China can now get their fix of the famous mouthless kitten…

IMF defends negative interest rates despite risks

WASHINGTON, United States (AFP) -- The IMF on Sunday defended negative interest rates set by central banks, given "significant risks" of…

Volvo says it plans to test self-driving cars in China using local drivers

BEIJING, China (Reuters) - Volvo aims to launch an experiment involving self-driving cars in China in which up to 100…

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