How much airlines lost because of APEC summit

Several airlines lost hundreds of millions of pesos after flights were canceled to give way to the arrival of APEC delegates and economic leaders. But these losses cannot be recovered by raising air fare.

DPWH eyes easing terms on major PPP project

The Department of Public Works and Highways (DPWH) is planning to relax certain terms on the government's biggest public-private partnership (PPP) project to ensure maximum participation among pre-qualified bidders.

Pagtatayo ng bahay sa ilalim ng tore ng kuryente, ikinabahala

Maaaring pagmulan ito ng pagkawala ng kuryente.

Alibaba's Jack Ma seeking stake in SCMP publisher - Bloomberg

Jack Ma, founder and executive chairman of Alibaba Group Holding Ltd., is in talks to buy a stake in the publisher of Hong Kong's South China Morning Post (SCMP), Bloomberg reported on Monday citing unidentified sources familiar with the matter.

Pfizer set to buy Allergan for more than $150 billion - sources

Pfizer Inc. secured formal board approval on Sunday for its acquisition of Botox maker Allergan Plc for more than $150 billion (99 billion pounds), a deal that will create the world's biggest drug maker, according to people familiar with the matter.

Retailers give shoppers new reasons to use mobile phones in stores

NEW YORK - At some Macy's outlets this holiday season, shoppers who download the retailer’s app will be able to use their smart phones to guide them through the store to products they’re seeking.

Customs simplifies role in PEZA, Ecozone processes

MANILA - The Bureau of Customs (BOC) is looking to simplify the process of goods transfer between Philippine Economic Zone Authority (PEZA) locators and Ecozone Logistics Service Enterprise facilities by defining its personnel's role in the process.

Gov't addressing issues on Laguna road dike project: PPP

MANILA – Government is addressing several viability issues raised by pre-qualified bidders of the P123 billion Laguna Lakeshore expressway and dike project, Cosette Canilao, executive director of the PPP Center said. 

Jollibee eyes buying 1 or 2 more foreign firms

MANILA - Fast-food chain Jollibee Foods Corp. said on Monday it was looking to acquire one or two more foreign-owned food suppliers in deals that would be of the same size or larger than a recent $99 million purchase of 40 percent of U.S.-based chain Smashburger.

Analysts expect faster Q3 GDP

MANILA - Analysts are expecting faster economic growth figures for the Philippines in the third quarter on the back of strong government spending and robust domestic consumption.