Business

Dino Mari Testa

NTC Lowers Interconnection Fees for SMS And Voice Calls

The National Telecommunications Commission (NTC) released a memo today (July 19) that will order all telco companies to reduce their interconnection fees for both short messaging service (SMS) and voice calls.According to the agency’s Memorandum Circular No....

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Build, Build, Build Projects
Kathryn Jalbuena

'Build, Build, Build' Projects To Earn P31 Trillion And Generate Over A Million Jobs

The fruits of the government’s Build, Build, Build project will lead to over a million jobs and generate P31 trillion for the country’s coffers.During a press briefing on Wednesday (June 27), the National Economic and Development authority (NEDA) released ...

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Grow My Business
Kristel Serran

How Much Should You Borrow To Grow Your Business? Here Are 4 Points To Consider

You know it when your business is growing. It could be that your manpower is no longer enough to cater to the demand of your customers, or your current location cannot contain the new hires or the products you sell.Whatever the reason is, you as an entreprene...

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Toyota Invests In Grab
Kristel Serran

Toyota Enters Ride-Sharing Sector With Billion-Dollar Investment In Grab

Now that Uber has merged with GrabTaxi (Grab) in the Philippines, there’s another big investor working to get behind the leading ride-sharing company in Asia.Japanese car company Toyota announced earlier on June 13 that it will be investing $1 billion in Gra...

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NAIA Closure
Kathryn Jalbuena

Department Of Transport Sees NAIA Closing In 10 Years

In 10 years, Manila’s Ninoy Aquino National Airport (NAIA) could be shutting its hangers for good.According to Transport Secretary Arthur Tugade, NAIA’s remaining lifespan is only about 10 years."NAIA will not last forever because it is presently situated ...

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How To Choose A Strategic Site For Your Business
Diana Lyn Balbalosa

Location, Location, Location: 5 Points To Consider When Choosing A Site For Your Business

When starting a business, some rookie mistakes can be amended as part of the experiential learning curve. Being stuck in a wrong location is not one of them.Getting stuck in a wrong location can scuttle your fledgling enterprise before it even gets off the gro...

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The Peso Is At Its Weakest Value
Dino Mari Testa

The Peso Is At Its Weakest In 12 Years. Here Are The Pros And Cons

Last Monday, the Philippine peso closed to its weakest value in almost 12 years. Pitted against the dollar, our currency went from Friday’s P52.33 to P52.465 with a 13.5-centavo difference.According to reports, the value of peso is now closing to its worst, ...

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Ofw Remittances
Kristel Serran

OFW Remittances Hit Record Low In March 2018

Overseas Filipino Worker (OFW) remittances hit their lowest record since April 2003, coming to only $2.36 billion in March 2018.This is significantly lower than March 2017’s 2.61 billion USD. OFW cash remittances serve as the country’s economic cushion, am...

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ADB Sees Further Growth in Philippines
Kathryn Jalbuena

No 'Overheating': ADB Sees Further Growth For The Philippine Economy

The Philippine economy is set to grow faster in the years ahead, according to the Asian Development Bank (ADB).Contrary to an earlier prediction by the World Bank, the ADB doesn’t see any danger of the Philippine economy overheating. Instead, according to AD...

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Summer Business Ideas
Kristel Serran

8 Great Business Ideas For The Summer Of 2018

Let’s face it. There are only two ways to deal with this summer heat: Stay inside with the aircon on, or go on a trip to the mountains or beach.For those who want to stay in, either due to budget constraints or on those long lull weekends, you can earn some ...

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