Philippine Updates
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Sin Tax Collection Hits P141.84 Billion
Collections from sin taxes in 2015 was up by a quarter from the previous year’s P112.81 billion, reaching a record high P141.84 billion, as reported…
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More Flights to ASEAN Countries
Cebu Pacific, Philippines’ largest low-cost carrier, is expanding its operations to ASEAN countries. This comes after President Aquino signed the ASEAN Multilateral Agreement in Air…
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Mitsubishi to build Mirage Models in Philippines
Mitsubishi Corporation. a Tokyo-based global conglomerate, is planning to invest P4.3 billion or $90.63 million to start the production of hatchback and sedan versions of…
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Efficient Traffic Management Boosts Binondo Businesses
The Manila City Government said that commercial activities of the country’s oldest economic hub in Binondo significantly improved due to the efficient traffic management in…
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The P338.8 Billion Reclamation Project Proposal for Manila Bay
THE SAN MIGUEL group and the developer of the Philippine Arena are proposing a P338.8-billion public-private partnership (PPP) project that will reclaim a part of…
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Customer Service Management Seminar in Makati City
On February 17, 2016, a Customer Management Seminar will be held at AIM Conference Center, Makati City, Philippines. The seminar will provide insights on learning…
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Philippine’s Growth in 2016 Better than Other Asian Economies
Moody’s Investor Service, a leading provider of credit ratings, research and risk analysis, has predicted that the Philippines will grow faster in 2016. It cited…
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Coca-Cola Femsa to Invest $800 Million in the Philippines
Coca-Cola Femsa Philippines Inc. is set to invest $800 million between now until the year 2020. The purpose of this investment is to continue the…
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Philippines Ranks 70th in Economic Freedom Index
In a report published by The Heritage Foundation of the United States, Philippines jumps 6 ranks which puts the country to the 70th place among…
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The World’s First Forbes-branded Office Building in the Philippines
Century Properties Group Inc., a real estate company in Philippines and Mitsubishi Corp, a Japanese conglomerate, broke ground for the Forbes Media Tower, a 35-storey…




