PAL to expand Clark-Japan flights by 2017

CLARK, Pampanga — The Philippine Airline announced on Friday to expand their operations at Clark by 2017, eyeing Japan route. This was gleaned during the launch of the inaugural flight of Philippine Airlines’ daily Clark-Caticlan flights at the Clark International Airport in Pampanga on Friday. PAL officials said the nation’s flag carrier would further expand … Read More

Coca-Cola FEMSA reaffirms USD1-B expansion in PHL

MANILA — Coca-Cola FEMSA has reaffirmed its USD1.0 billion investment in the Philippines in the next five years. During the “Trabaho, Negosyo, at Kabuhayan-Employment and Livelihood Summit” on Thursday, Trade Secretary Ramon Lopez met with Coca-Cola FEMSA director general and CEO John Santa Maria who shared the investment plans here. Santa Maria had his meeting … Read More

PNB Savings Bank offers digital loan facility

MANILA — PNB Savings Bank, a unit of the Philippine National Bank (PNB), has launched the Smart Salary Loan, a digital salary loan facility for convenient loan application and approval. PNB Savings Bank’s Smart Salary Loan is in partnership with Voyager Innovations, the digital innovation arm of PLDT Inc. Through Voyager’s digital lending platform Lendr, … Read More

PLDT revamps management team

MANILA — PLDT Inc. (PLDT) has revamped its management team as it seeks to strengthen its digital services for its customers. The group will be led by Eric R. Alberto as Chief Revenue Officer (CRO) reporting to the President/CEO effective December 1, 2016. His role as CRO integrates the Home, Wireless, Enterprise, International and ICT … Read More

Gold price closes lower in Hong Kong

HONG KONG — The gold price in Hong Kong went down 353 HK dollars to close at 11,778 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to USD1,318.22 a troy ounce, down USD38.23 at the latest exchange rate of 1 US dollar against 7.76 … Read More

Japanese firm eyes USD17-B infrastructure, utility projects in PHL

MANILA — Marubeni Corp. is eyeing infrastructure and utility projects in the Philippines, according to a document which Trade Secretary Ramon Lopez shared with Manila-based reporters. Lopez joined President Rodrigo Duterte’s three-day official visit to Japan which concluded Thursday. The Japanese company plans to invest USD3.2 billion for the short term, and another USD14 billion … Read More

South Cotabato pushes for expansion of jewelry-making businesses in T’boli town

GENERAL SANTOS CITY — South Cotabato is pushing for T’boli town’s thriving jewelry-making ventures to become the province’s next flagship industry. Nencita Acain, mines and geosciences division chief of the Provincial Environment Management Office, said Thursday the provincial government is helping open more jewelry-making projects in T’boli as part of efforts to sustain the industry. … Read More

China urges Samsung to better protect consumers’ rights

BEIJING — Samsung should make earnest efforts in follow-up work to recall Galaxy Note 7 smartphones and protect the legitimate rights of Chinese consumers, an official with China’s top market watchdog said Wednesday. Samsung should take lessons from the latest cellphone recall, fulfill its responsibility as a multinational company, and prevent similar cases from happening, … Read More