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Jollibee sets P17-billion capital spending for 2019

JOLLIBEE Foods Corp. (JFC) is beefing up capital spending this year to P17.2 billion as it continues to expand its store network this year, following the homegrown food giant’s double-digit profit growth in 2018......»»

Source: Bworldonline BworldonlineCategory: NewsFeb 14th, 2019Related News

FDCP honors films, filmmakers that did good abroad

THE Film Development Council of the Philippines (FDCP) kicks off the centenary of Philippine Cinema by awarding 86 filmmakers, films, and artists in the third installment of its Film Ambassadors’ Night held last Sunday in the Samsung Hall of SM Aura in Taguig City......»»

Source: Bworldonline BworldonlineCategory: NewsFeb 14th, 2019Related News

Competition watchdog blocks URC-Roxas Holdings deal

THE Philippine Competition Commission (PCC) on Thursday said it has blocked Universal Robina Corp.’s (URC) takeover of a Roxas Holdings, Inc. (RHI) subsidiary’s sugar milling and refining assets in Nasugbu, Batangas, saying the deal will create a monopoly in Southern Luzon......»»

Source: Bworldonline BworldonlineCategory: NewsFeb 14th, 2019Related News

Netflix row riles Berlin Film Festival

BERLIN — A row over whether films produced for streaming platform Netflix should be shown at the Berlin Film Festival has overshadowed the premiere of Elisa & Marcela, Isabel Coixet’s tale of two Spanish lesbians......»»

Source: Bworldonline BworldonlineCategory: NewsFeb 14th, 2019Related News

Everyone should be a populist and nationalist

I attended a Philippine-US relations forum in Makati last week. During one Q&A, the discussion drifted on the rise of so-called “authoritarian” regimes worldwide, particularly Asia......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Representing themselves

On July 23, 2016, President Rodrigo Duterte signed Executive Order No. 2 mandating public access to information held by the agencies and offices of the executive branch. The nongovernmental organizations that had been campaigning for a freedom of information (FOI) act for decades welcomed it with cautious optimism. The Executive Order (EO) encouraged the legislature and judiciary to do the same, but the FOI advocates nevertheless pointed out the need for a law that would cover all three branches of government......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

A bad omen? Emerging markets ‘most crowded trade’ for first time

LONDON -- Investors made a U-turn on emerging markets, naming them the most crowded trade, in Bank of America Merrill Lynch’s survey for the first time in its history......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

House forest-management bill requiring sustainable practices passes on 2nd reading

A BILL requiring the protection and sustainable management of forests has been approved by the House of Representatives on second reading......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Half of LGUs around Manila Bay violate anti-pollution laws — DILG

MORE THAN HALF of the local government units along the Manila Bay watershed have been found non-compliant with environmental law, the Department of Interior and Local Government (DILG) said......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Anti-red tape body may exempt some agencies from EoDB deadlines

THE Anti-Red Tape Authority (ARTA) will now allow government agencies claiming to be covered by special laws to be exempted from the timelines for processing transactions under the Ease of Doing Business (EODB) law......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Output of industrial crops mostly higher in fourth quarter

PRODUCTION of abaca, coconut, coffee, rubber, and tobacco increased while sugarcane production decreased during the fourth quarter of 2018, according to the Philippine Statistics Authority (PSA)......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Consumer group contests water rate hike’s inflation assumptions

CONSUMER GROUP Laban Konsyumer, Inc. (LKI) said on Thursday it will continue to contest the water rate increases imposed on the east and west zone of Metro Manila as it claims the move from the water regulatory office was done without the required public consultation......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

DA’s Piñol warns against heavy dependence on rice imports

AGRICULTURE Secretary Emmanuel F. Piñol warned against heavy reliance on imported rice amid plans to liberalize imports and doubled down on his earlier support for rice self-sufficiency......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Clock winds down on rice tariff bill signing with no announcement of veto

PALACE OFFICIALS said Thursday that the rice tariffication bill remains “for signing” right up to today’s deadline for President Rodrigo R. Duterte to veto the measure, but did not comment on the reason for the delay, adding an element of uncertainty to its enactment......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Seeking an edge, US landlords turn to tenant experience apps

NEW YORK -- The firm that sold Chelsea Market to Google for $2.4 billion has joined three large brokerages, among others, to back software designed to meet the growing demands of a millennial workforce that is changing how office space is leased and managed......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Pryce income hits P1.4B in 2018 as revenues jump 11%

PRYCE CORP. reported a 12.4% increase in consolidated net income in 2018 to P1.405 billion, from P1.25 billion after posting double-digit growth in revenues......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

EA’s ‘Fortnite’ rival signs up 10 million gamers in 3 days

A GAME developed by Electronics Arts (EA) Inc. as a competitor to the wildly popular “Fortnite” has signed up 10 million players within three days of its launch, the videogame maker said, driving its shares up 16% on Friday......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Megaworld to add 2 more towers in Pasig township

MEGAWORLD Corp. has sold 60% of the units of its P4-billion residential condominium in Arcovia City, spurring plans to launch two more towers within the township in Pasig City......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

Omnistream sees opportunities in Southeast Asia expansion

SINGAPORE-BASED start-up Omnistream Pte. Ltd. said its cost-structure model will attract more conglomerates in the region as it expands into Southeast Asia, including the Philippines......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News

DataLand to launch projects in Clark Global City

THE development of Clark Global City gains ground as Global Gateway Development Corp. (GGDC) partners with real estate firm DataLand, Inc. for an office building, dormitel, and hotel in the area......»»

Source: Bworldonline BworldonlineCategory: FinanceFeb 14th, 2019Related News