Business

Demand for Filipino health workers still high in Japan—DOLE

MANILA, Mar. 30 — Labor and Employment Secretary Rosalinda Dimapilis-Baldoz recently said that the increased number of Filipino candidate nurses and caregivers who could be deployed under the Japan-Philippines Economic Partnership Agreement (JPEPA) shows there is a continuing demand in Japan for health workers from the Philippines. “The high number of Filipino candidate caregivers and nurses for the eighth batch under the JPEPA program is the biggest batch since its beginning in 2009,” Baldoz said. “This […]

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Yahoo sets deadline for buyers to present preliminary bids: report

SAN Francisco, United States (AFP) — Yahoo Inc. has given prospective buyers until April to present preliminary offers for some of its assets, the Wall Street Journal reported late Monday. In letters to potential suitors, the troubled Internet company asked them what assets they were interested in, how they would finance such acquisitions and what terms would have to be met on their end, the newspaper said, quoting people familiar with the matter. The paper […]

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Asian stocks broadly lower after Brussels bombings

by Daniel Leussink TOKYO, Japan (AFP) —  Asian markets broadly retreated Wednesday as dealers remained cautious, with airlines taking a hit in the aftermath of the deadly Brussels bombings. The losses tracked a sell-off in tourism-related stocks in the United States and Europe following Tuesday’s carnage in Belgium. Explosions in the Brussels subway and Zaventem airport just outside the Belgian capital, claimed by the Islamic State group, left around 35 dead and more than 200 injured. […]

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Carbon Scoring Is PH’s biggest contribution to global sustainability

By Caesar Vallejos Eagle News online correspondent (Eagle News) — Impact investing leader James Donovan revealed that carbon scoring is the Philippines’ biggest contribution to global sustainability because of the country’s strong data management capabilities.  This, Donovan said in his recent lecture at the American Chamber of Commerce (AmCham) of the Philippines in Makati City, where he holds the position as the Co-Chair of its Environment and Urban Development Committee.  Carbon scoring, according to UK […]

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#businessbytes: Ad Summit Pilipinas 2016 reveals Digital Trends

  By Robert T. Capistrano (SUBIC BAY, Zambales) Ad Summit Philippines 2016reveals its crystal ball to the advertising industry, announcing its forecasts and trends to look out for in 2016. #ADSUMMIT2016 is a four-day gathering of the advertising industry and media partners to share ideas, trends, and creativity concepts through keynote lectures from world renowned experts. This year’s event was held at the Subic Bay Convention Center in Zambales. Now these are things to look […]

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OFW’s personal remittances reaches $2.2B in January 2016

MANILA, Philippines – According to the Bangko Sentral ng Pilipinas, the personal remittances of overseas Filipino workers reached $2.2 billion this January 2016. The BSP added that the cash remittances are now being sent through banks. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)

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Bangladesh issues statement regarding the anti-money laundering issue

THE ministry of finance of Bangladesh will issue a statement involving unknown hackers who breached their central bank systems and managed to get 81 million US dollars. The Bangladesh central bank confirmed that the cyber criminals withdraw a $1 billion in US bank account and transfer a total of about 81 million US dollars in the Philippine bank last February 4 and 5. (Eagle News Service)

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#businessbytes: The Advertising Industry “Comes out to play” at #adsummit2016

  By Robert T. Capistrano (SUBIC Bay, Zambales)  Ad Summit Pilipinas 2016 gathers the biggest local and international advertising and media players to “Come out and play” at the Subic Bay Convention Center from March 9-12, 2016. The “Come out and play” theme challenges the advertising and media industries to allow ‘play’ into their lives to spark creativity and open possibilities, which is critical in these industries. The four-day event updates industry executives and practitioners […]

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Manufacturing sector marks strong growth in January 2016

MANILA, March 11 — Growth in the manufacturing sector started strong in 2016 as production of chemical products and food manufactures expanded in January, according to the National Economic and Development Authority (NEDA). In the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries for January 2016, the Volume of Production Index (VoPI) grew by 34.3 percent, nearly seven times more than its growth rate of 5.0 percent in December 2015. Moreover, the Value of […]

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Asian markets mostly down as ECB head causes jitters

HONG KONG, China (AFP) — Asian markets mostly fell early Friday after the head of the European Central Bank suggested its latest rate cut could be its last, stoking fears over the limitations of finance chiefs to drag the global economy out of its torpor. The ECB on Thursday announced a cut in its deposit rate further into negative territory as part of a series of stimulus measures that also included a ramping up of its huge […]

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Oil prices dip after rally but supply worries persist

SINGAPORE, Singapore (AFP) — Oil prices held most of the previous day’s strong gains Thursday, but while a dive in US gasoline stockpiles fueled hopes for a pick-up in demand, traders remain on edge over the long-running supply glut. Both main contracts soared on Wednesday, with US benchmark West Texas Intermediate hitting a more than three-month high and Brent breaking $41 after the US energy department report. The figures showed gasoline inventories plunged three times […]

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