Business News

PH should boost economic ties with China

AFTER winning the arbitration case which favors the Philippines’ rightful claim over the disputed territory, Philippines must exert efforts to enhance its trade relations with China to boost the economic activities. Richard Javad Heydarian, Assistant Professor in International Affairs and Political Science at De La Salle University (DLSU) said the Duterte administration is looking at […]

Business News

ICTSI’s subsidiary builds Mabuhay Park in Georgia

THE leading Philippine port operator International Container Terminal Services, Inc. (ICTSI) ‘s subsidiary in Georgia, a country at the intersection of eastern Europe and western Asia;  has built the Philippine–Georgia Friendship Park at the Tbilisi  Zoo. The Tbilisi pleasure ground, which is also called Mabuhay park, is funded by Batumi International Container Terminal LLC (BICT), […]

Business News

Facing Economic Headwinds China’s XI Calls for Reforms

Chinese President Xi Jinping exhorted the country’s Central Leading Group on Financial and Economic Affairs on Monday to “resolutely push forward supply-side structural reform.” President Xi’s sometimes oblique budget statements offered that he considers “supply-side,”” along with structural issues, as the most troublesome of China’s current economic issues, suggesting that by focusing on these issues specifically, the world’s second largest […]

Business Health News

Leaked Papers: White House Resorts to Blackmail in TTIP Trade Negotiations

The Obama administration has threatened to block all European car exports if they do not accept America’s genetically-modified and hormone-enhanced produce. On Sunday, German newspaper Süddeutsche Zeitung claimed that 240 pages of text from the secret transatlantic trade deal (TTIP) obtained by Greenpeace show the US to be blackmailing the EU to force through the trade deal, despite European objections. Specifically, the […]

Business News

Outright Fiasco: How the West’s Economic Weapon is Failing to Faze Russia

The US has long relied on financial sanctions as a preferred weapon against its adversaries. However, in Russia’s case, it turned out to be an “outright failure” and the West should admit this. Let’s have a look why. Washington’s favorite economic power tool has been so overused, it’s becoming ineffective and, in some cases, even counterproductive, […]

Business News

Nepalese intelligence operatives visit Manila seeking assistance against money laundering

NEPALESE intelligence operatives sought the help of the Philippine Drug Enforcement Agency to improve their anti-drug and money laundering capabilities. The visit came in the heels of recent revelations in the Philippine senate about the possible involvement of the Rizal Commercial Banking Corporation in an US $81 million money laundering scheme. The money was electronically […]

Business News

Fundador Brandy is now proudly a Philippine owned brand

TYCOON Andrew Tan-led beverage arm Emperador Inc. has completed the acquisition of Spain’s most iconic, largest and oldest brandy-maker Bodegas Fundador. In a press statement from Jerez, Spain, Emperador’s offshore unit Group Emperador Spain SA announced the completion of the deal to buy the 286-year old Bodegas Fundador and other assets in Spain from Beam […]