More premium brands sought


THE growing number of Chinese arrivals to the Philippines is seen to drive more global premium brands to enter the Philippine market, the Department of Tourism (DOT) said on Monday.

Tourism Secretary Wanda Teo said the country is in a position to join the ranks of other countries whose duty free industry is expected to grow by an average of 40 percent in the next decade.

Teo said global premium brands are now looking to increase their presence in the country in anticipation of the steady growth in arrival of Chinese tourists.

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In our Diwali 2017: Should you invest in stocks, gold or fixed income?, we bring to you views of top investment experts on how to position their portfolio at the beginning of the new Samvat year.
Here#39;s a wrap of the weekâ??s developments in the automotive space.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
LEADING financial services company Allianz PNB Life launched its agency distribution channel and the first Bancassurance Life Track station in the Visayas in Bacolod City Friday. The launch, which is
THE Francisco Bangoy International Airport (FBIA) is among the top 25 Asian airports for 2017 as per survey conducted by, a Canadian private website known to be an online airport
MESATIERRA Garden Residences of Cebu Landmasters Inc. (CLI) held their groundbreaking ceremony Friday, October 20, and is now nearing 90 percent sold-out for their more than 600 residential units sinc
THE Yuson Excellence Soberano (YES) Joint Venture eyes to start with their riverside mixed-use development project immediately after the construction of the Mesatierra Garden Residences. Yuson Commerc
Capital markets regulator Sebi has imposed a fine of Rs 1 lakh on Vijay Anant Dhongde for trading in the shares Mahindra Mahindra as a designated employee during the restricted periods.
This is the second time in little over a month that the flagship carrier has floated tenders for short tenure loans even as the government is working on the modalities for the stake sale.
A probe by SEBI found that the company had issued equity shares to 9,321 people between 1995-96 and 2006-07 and raised Rs 6.80 crore through such issuance.
India#39;s foreign exchange reserves touched a record high in September and the current stock is sufficient to cushion India against unexpected global risks, says a report.
Arcadia Shares and Stock Brokers has settled a case related to alleged violation of stock broking norms by paying Rs 24.70 lakh to Sebi.
Directed by Rohti Shetty, Golmaal Again opened to an occupancy of around 70-75 percent in morning shows, according to Box Office India.
A CEBUANA fine jewelry designer is in pursuit of millennial spending power. Gladys Young, known as “G,” is creating another brand named Ve to introduce younger clients to her intricate, custom-made, a
THE Department of Agriculture (DA)-Northern Mindanao is set to conduct its 14th National Organic Agriculture Congress (NOAC) at the Atrium, Limketkai Center, Cagayan de Oro City on October 24 to 26. "
LAGUINDINGAN, Misamis Oriental -- Cebu Pacific (CEB) is strengthening its domestic route network and air connections to and from Mindanao by designating Laguindingan Airport as its seventh hub in the
THE country’s franchising industry, said to be the largest in Southeast Asia, is poised to grow in double digits this year, as more players maximize e-commerce to accelerate their respective businesse
THE Sun Life of Canada (Philippines), Inc. (SLOCPI) Legal Team was recognized in this year’s Philippine Law Awards as the Insurance In-House Team of the Year for its outstanding contributions not just
ALENTER Resort Hotels Corp., the firm behind the Bluewater resort chain, will be investing in a high-rise facility, in anticipation of the influx of both leisure and medical tourists to Mactan. Julie
NOT contented with the decision of the Labor Arbiter (LA), respondents Innsbruck International Trading and Marivic Tolentino filed an appeal with the National Labor Relations Commission (NLRC). They
COMPETITION among manufacturers of noche buena goods may result in no price movements this December, said the Department of Trade and Industry (DTI). In a statement, DTI assured stable prices and supp
AVERAGE headline inflation was at 3.1 percent in the third quarter, unchanged from the previous quarter average but higher than last year’s average of 2.0 percent. This brought the year-to-date avera
THE Bangko Sentral ng Pilipinas decided to maintain its key policy interest rate during its monetary policy meetings in August and September. The interest rates for other monetary policy instruments
REAL gross domestic product (GDP) grew by 6.5 percent in the second quarter, slightly faster than the previous quarter’s expansion of 6.4 percent but slower than the previous year’s growth of 7.1 perc
GST Network has launched an excel-based offline tool for businesses to file initial GSTR-3B returns.
US FDA has been trying to encourage competition in complex drugs through several initiatives. One of the major step is to issue new draft and revised guidance documents to provide product-specific c
The result of the snap elections will be important for India as the bilateral relations between the two countries have picked up steadily under Abe.
In the initial stage, only a few apps will be made available as instant apps, but the numbers are expected to increase in no time
The USD 10.9 billion project will have submarines capable of carrying multiple Brahmos supersonic cruise missiles.
Both its screens have a 20 MP shooter with a f/1.8 aperture
Facebook has been planning to start the move for a long time now, and has now launched it with the US and Europe, but only on Android devices
Mobikwik seeks to tap its network of over 65 million users through its travel pass

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