BPO Industry Breached 2015 Targets

BPO industries generated $22 billion in revenues and 1.1 million direct employment, exceeding 2015 target, according to the IT and Business Process Association of the Philippines. “The BPO industry continues …

NLEx, SCTEx Operator Lands P5-B Loan

Manila North Tollways Corp. has announced that it has sealed a loan agreement worth Php 5 billion to fund its expansion projects as well as the refinancing of its existing …

SM to Add Four Malls This 2016

SM Prime Holdings Inc. is said to open four new malls this year as part of their plans to further expand and improve consumers’ mall experience. The company earlier announced …

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 by the Bureau of Internal …

More Connectivity to be Provided by JetBlue

JetBlue is providing far more connectivity to its passengers for its Airbus A320 aircraft. USB ports and power outlets will be made available for all seats, bringing an end to …

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 Services last February 3. With …

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 its sub-compact model Mirage in …