AIG Plans to Buy Back Shares Worth $3 Billion
American International Group (AIG) continues to fight against calls for the firm to break itself up by planning to buy back $3 billion worth of its shares. After three consecutive …
Mining Companies Take Duterte’s Stern Warning as a ‘Challenge’
The President has maintained his tough stance against businesses that are violating government standards and damaging the environment. He put particular emphasis on mining companies, saying that mining threatens agriculture, …
Phoenix Net Profit Up by 33% in First Half
Phoenix Petroleum Philippines Inc. saw its net profit rise by 33 percent in this year’s first half owing to stronger sales compared to the same period last 2015. Phoenix attributed …
You Have the Right to Be Left Alone and It Matters
Our modern understanding of privacy is a relatively new one. The earliest publication on the topic was in 1890 by US Supreme Court Justice Louis Brandeis who defined privacy as …
A Good Place for Startups Opens at iioffice
The word ii means ‘good’ in Japanese and this is what iioffice offers: a good place for entrepreneurs and startups to work. But iioffice founders Seito Horiguchi, Yoshiwara Go believes …
India PM Calls for Support on Tax Reform
Indian Prime Minister Narendra Modi has called for the passing of an important legislation to reform the country’s tax system. India’s current tax model consists of 15 types of taxes, …
Uber Yields China Business to Rival Didi Chuxing
Uber’s stint in China may have just ended after it agreed to sell its business to its fiercest rival: Didi Chuxing. The local taxi app controls 87% of the Chinese …
Cuisia Hopes for More US Investments on Infrastructure
Outgoing Philippine Ambassador to the US Jose Cuisia Jr. hopes that the recent call of the US Secretary of Commerce for US firms to engage more in the infrastructure sector …
BIR Promises Faster Tax Transactions
The Bureau of Internal Revenue (BIR) is set to initiate reforms designed to eliminate delays in tax dealings. In a meeting last July 27, BIR deputy commissioner Nelson Apse said …
Amazon Gets Approval for Drone Test in U.K.
Shop online. Place an order. Get your item delivered within the day. Sounds familiar? Well, imagine it this time with a robotic flying machine landing on your doorstep with your …