Inquirer Business Latest Philippine Business Stories

  • From Yemen with love
    by clopez on September 21, 2019 at 9:20 pm

    To some, a cup of coffee is simply a morning pick-me-up, fuel to get through the day. But to others, it’s a way of life, a tool that can “build bridges, create moments and leave a lasting impact on the world,” says Mokhtar Alkhanshali, founder of single-origin coffee company Port of Mokha. The Yemeni-American has […] The post From Yemen with love appeared first on […]

  • Cookie maker from UK tames the monster appetite of Pinoys
    by clopez on September 21, 2019 at 9:15 pm

    The last few years saw a deluge of brands meant to feed the curiosity of Filipinos wanting to try anything, well, foreign. The hype machine is usually run by a well-oiled local company, which has the capability to pull out all the stops. One such company is headed by 35-year-old Ryan Serrano, who can’t really […] The post Cookie maker from UK tames the monster appetite of Pinoys […]

  • Ramon Ang rallies hunger champions
    by clopez on September 21, 2019 at 9:10 pm

    We are gonna love you, people of the world. We are gonna make you a better world,” Ryan Cayabyab once wrote. Ramon Ang and daughter Cecile Ang seemed to have taken these words seriously. They have just launched the Better World community, comprised of those in Tondo whom they described as “marred by hunger and […] The post Ramon Ang rallies hunger champions appeared first on […]

  • Economic managers see no more underspending in 2020
    by Alexander Magno on September 21, 2019 at 9:24 am

    MANILA, Philippines — Economic managers have expressed confidence that the economy would no longer have to suffer from public underspending next year as the House of Representatives had swiftly passed the proposed P4.1-trillion 2020 national budget. Acting Budget Secretary Wendel E. Avisado and Socioeconomic Planning Secretary Ernesto M. Pernia were also confident that the Senate […]

  • Fresh US-China trade worries erase early gains for stocks
    by besguerra on September 21, 2019 at 5:35 am

    Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be in trouble. The selling, which erased modest early gains for the market, snapped a three-week win streak for the S&P 500. The benchmark index is […] The post Fresh US-China trade worries erase early […]

  • Lack of clear rules to tackle swine fever outbreak hit
    by racosta on September 20, 2019 at 8:52 pm

    A group of meat processors yesterday lamented the lack of “clear and unified” guidelines among various government agencies on addressing the African swine fever outbreak even as laboratory results confirmed additional cases of the disease, this time in Quezon City. “Agriculture Secretary William Dar has ordered the implementation of quarantine and depopulation procedures in […]

  • Chinese e-cigarette maker enters PH
    by racosta on September 20, 2019 at 8:50 pm

    A Chinese e-cigarette maker wants to attract at least 1.5 million users in the Philippines in five years even as the Duterte administration moves to further tighten its grip on the growing industry. RELXTech launched its e-cigarette brand in the Philippines on Friday as it aims to convince adult smokers to make the switch to […] The post Chinese e-cigarette maker enters PH appeared first […]

  • PPG partner withdraws from Palawan exploration project
    by racosta on September 20, 2019 at 8:48 pm

    Phinma Petroleum and Geothermal Inc. (PPG) yesterday said one of its partners in Petroleum Service Contract No. 55 has pulled out of the project to search for oil and gas in southwest Palawan. PPG subsidiary Palawan55 Exploration and Production Corp. and the latter’s remaining partner, Pryce Gases Inc., are pushing for renewed drilling activity under […] The post PPG partner […]

  • PSEi closes 0.51% down
    by racosta on September 20, 2019 at 8:46 pm

    Two of the country’s largest conglomerates on Friday eased lower and dragged down the benchmark Philippine Stock Exchange index as the latest Financial Times Stock Exchange (FTSE) rebalancing takes effect on Monday. By the closing bell yesterday, the PSEi was down 0.51 percent or 40.21 points to 7,871.11 as SM Investments Corp. and Ayala Corp. […] The post PSEi closes 0.51% down […]

  • PH plans air talks with Jordan
    by racosta on September 20, 2019 at 8:44 pm

    The Philippines is eyeing air talks with Jordan within the year in a bid to strengthen diplomatic ties, a government official said. Carmelo Arcilla, executive director of the Civil Aeronautics Board, said in an interview that Jordan had invited the Philippines for talks mainly aimed at strengthening bilateral relations. “We might have talks by December,” […] The post PH plans […]

  • Axelum’s IPO price set at P5/share
    by racosta on September 20, 2019 at 8:42 pm

    Integrated coconut product manufacturer and exporter Axelum Resources Corp. has finalized its initial public offering (IPO) at P4 billion, with a mix of primary and secondary shares offered to the market at P5 a share. A source privy to the offering estimated that the price was based on a valuation of 16 times prospective earnings […] The post Axelum’s IPO price set at P5/share […]