Random Image Display on Page Reload

Business World

WestJet cancels more than 460 flights because of consecutive days of extreme cold

Saturday morning, temperatures rendered de-icing fluid ineffective in Calgary, Edmonton, Saskatoon, Regina, Kelowna, Kamloops, Fort McMurray, Prince George, Grande Prairie, Yellowknife and Fort St. John. Airline says frigid temperatures make de-icing fluid ineffective WestJet says it is facing "significant operational impacts" due to the extremely cold weather in the Prairies …

Read More »

Megaworld ramps up hotel projects in Palawan township

Tycoon Andrew Tan’s Megaworld Corporation, the country’s largest developer and operator of homegrown Filipino hotel brands, is building its second hotel project inside its 462-hectare Paragua Coastown ecotourism township in San Vicente, Palawan. In a disclosure to the Philippine Stock Exchange, the firm said the 10-story Paragua Sands Hotel will …

Read More »

PCCI lauds passage of ‘Ease of Paying Taxes Act’

The Philippine Chamber of Commerce and Industry (PCCI) has lauded the passage of Republic Act No. 11976 or the “Ease of Paying Taxes Act,” aimed at facilitating proper tax filing for businesses to increase revenue collection. “The passage of RA 11976 is certainly a welcome development to the business community. …

Read More »

DITO, Converge ink resources-sharing agreement

DITO Telecommunity Corporation and Converge ICT Solutions, Inc signed on Thursday, Jan. 11, an agreement that would allow the mutual beneficial use of their respective resources and facilities to improve internet services in the country. The Materials Facilities Provisioning Agreement (MFPA) is a framework on collaboration of infrastructure, specifically selected …

Read More »

ARTA, Malaysian Embassy mull programs for BARMM

The Anti-Red Tape Authority (ARTA) and Malaysian Embassy in Manila are exploring programs for areas in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The future partnerships were discussed during Malaysian Ambassador to the Philippines Dato’ Abdul Malik Melvin Castelino’s courtesy visit to ARTA Secretary Ernesto V. Perez in Jan. …

Read More »

FDI inflows fall 29.6% in October 2023

The Philippines saw a significant 29.6 percent drop in foreign direct investment (FDI) with net inflows of $655 million in October 2023 from the $930 million net inflows registered in the same month in 2022. The October figure has brought cumulative net FDI inflows for the period January-October 2023 period …

Read More »