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 …
Data-Transfer Deal Between US and EU to Replace Safe Harbour
Both the EU and the US have agreed to a brand new pact that will make it much easier for organizations to transfer data across the Atlantic. This new agreement …
2016 Tax Calendar for US Business Owners
Paying taxes can be a messy business, especially for those who have recently launched a company. The US government requires all enterprises to file taxes and documents throughout the year …
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 …
LG to Launch Two Flagship Phones
It was reported on Tuesday that LG Electronics had suffered through an unexpected loss for their final quarter 2015 as its smartphone business struggled and raw materials costs rose. It …