The hatchback gets new wheels to go along with other aesthetic upgrades Suzuki Philippines (SPH) is giving one of its best-selling models, the S-Presso, some changes for… Read more “Suzuki PH launches new S-Presso Special Edition priced at P568k”
Category: Business
Lucio Tan prepares $250-M loan to cash-strapped PAL
MANILA, Philippines — Taipan Lucio Tan is pulling out all the stops to save his loss-making Philippines Airlines Inc. (PAL) as he prepares to lend money to… Read more “Lucio Tan prepares $250-M loan to cash-strapped PAL”
Toyota will be revealing the production version of the Aygo X next month
A few months ago, Toyota showed us the Aygo X Prologue concept, pictured here. “The aim of this project was to reimagine the A-segment,” said its design… Read more “Toyota will be revealing the production version of the Aygo X next month”
The Hyundai Casper is a stylish mini SUV that costs less than P600,000*
*The price in its home market of Korea Earlier this month, Hyundai caught our attention with the reveal of a brand-new mini SUV called the Casper. It’s… Read more “The Hyundai Casper is a stylish mini SUV that costs less than P600,000*”
Tax expert: Increase in assets of Pharmally ‘not normal’
A tax expert raised questions on the financial records of Pharmally Pharmaceutical Corporation, the firm implicated in the alleged anomalous purchases of medical supplies for the government’s… Read more “Tax expert: Increase in assets of Pharmally ‘not normal’”
Boracay reopens to tourists as quarantine curbs eased
ILOILO CITY—After more than five weeks, Boracay Island has reopened its doors to tourists again after quarantine restrictions were relaxed. In an advisory, the Aklan provincial government… Read more “Boracay reopens to tourists as quarantine curbs eased”
BSP shuts down another rural bank
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) ordered the closure of the Rural Bank of Datu Paglas Inc. based in Maguindanao, bringing to five the… Read more “BSP shuts down another rural bank”
NPC probes, orders takedown of four online lending apps due to data privacy issues
MANILA — The National Privacy Commission has ordered the immediate takedown of four online lending apps which are now being probed for their alleged unauthorized and “excessive”… Read more “NPC probes, orders takedown of four online lending apps due to data privacy issues”
What China’s cybersecurity crackdown means for HK’s stock market?
It is expected to drive companies to list in Hong Kong, if it means they can be exempted from the review says Robert Chan, Chairman of Chan… Read more “What China’s cybersecurity crackdown means for HK’s stock market?”
Reddit valued at $10 billion in new funding round
Reddit will raise up to $700 million in a fundraising round led by Fidelity Management, the social media network said on Thursday, cashing in on a jump… Read more “Reddit valued at $10 billion in new funding round”
Banks’ bad loans may rise until H1 next year
MANILA, Philippines — Banks’ bad loans are expected to pick up until the first half of next year as the country continues to struggle to contain the… Read more “Banks’ bad loans may rise until H1 next year”
Why incorporating in Hong Kong is a brilliant business decision
Hong Kong — Expanding your business in Asia and beyond? We’ve listed some of the major benefits of setting up a Hong Kong company. Tax is simple… Read more “Why incorporating in Hong Kong is a brilliant business decision”
Lyka flooded with encashment requests
MANILA, Philippines — Lyka, a social media app, is now flooded with encashment requests from partner merchants spooked by the Bangko Sentral ng Pilipinas’ decision to suspend… Read more “Lyka flooded with encashment requests”
SSS education loans increase 52% in H1
MANILA, Philippines — State-run Social Security System (SSS) increased its release of education loans by more than half to about P116 million in the first semester. The… Read more “SSS education loans increase 52% in H1”
Hong Kong to remain attractive to Mergers & Acquisitions
The US-China tensions made HK particularly attractive to Chinese companies, report says. Hong Kong followed suit with the global trend in merger and acquisition (M&A) activity in… Read more “Hong Kong to remain attractive to Mergers & Acquisitions”
Dennis Uy’s Malampaya takeover faces re-evaluation after firm’s financial health questioned
MANILA, Philippines — Davao-based businessman Dennis Uy is now facing a hurdle in his planned takeover of the Malampaya gas facility as the Department of Energy now… Read more “Dennis Uy’s Malampaya takeover faces re-evaluation after firm’s financial health questioned”
QC establishments closed over quarantine violations
MANILA, Philippines — The Quezon City government cracked down on bars and dining establishments for violating quarantine guidelines and arrested individuals caught not following restrictions. Handed temporary… Read more “QC establishments closed over quarantine violations”
Motorists face heavy traffic as Skyway 3 starts toll collection
MANILA, Philippines — Heavy traffic greeted motorists on Monday as the toll collection at the Skyway Stage 3 started. Skyway O&M Corporation President Manuel Bonoan said motorists… Read more “Motorists face heavy traffic as Skyway 3 starts toll collection”
Twitter is a mess in India. Here’s how it got there
MANILA, Philippines — Twitter is going through an extraordinarily tough year in India. But the company’s response to the turmoil has left even some people who would… Read more “Twitter is a mess in India. Here’s how it got there”
Trump sues Facebook, Twitter and Google, claiming censorship
Former U.S. President Donald Trump on Wednesday filed lawsuits against Twitter Inc, Facebook Inc, and Alphabet Inc’s Google, as well as their chief executives, alleging they unlawfully… Read more “Trump sues Facebook, Twitter and Google, claiming censorship”
AdChoiceTV News 