business
ARTICLE FINDER

Chinese Q3 growth hits 9-year low as debt, trade row drag

Oct 19, 2018 - 11:14 AM

(UPDATED) Analysts say the slowing growth could prompt an end to Beijing's fiscal prudence

ECONOMY. A couple wearing Qing dynasty style headwear walk with their children in Tiananmen square in Beijing in December 2012. File photo by AFP

Global trade wars risk 'millions of jobs' – WTO chief

Oct 18, 2018 - 1:01 PM

'A continued escalation of tensions would pose real risks,' says World Trade Organization chief Roberto Azevedo

ROBERT AZEVEDO. World Trade Organization Director-General Roberto Azevedo gestures after he speaks to reporters on February 22, 2017 in Geneva.File photo by Fabrice Coffrini / AFP

U.S. sets new trade talks with EU, Japan, Britain

Oct 17, 2018 - 3:01 PM

US Trade Representative Robert Lighthizer says the administration has notified Congress of its intent to negotiate the 3 separate trade agreements

TRADE. In this file photo, US Trade Representative Robert Lighthizer (R) attends the Asia-Pacifics Economic Cooperation (APEC) 23rd Ministers responsible for Trade Meeting at the National Convention Center in Hanoi on May 20, 2017. File photo by AFP

U.S. tops global competitiveness rating, despite 'worrying' trends – WEF

Oct 17, 2018 - 10:46 AM

The World Economic Forum uses a new methodology for the 2018 edition of its annual Global Competitiveness Report to reflect shifts in a world increasingly transformed by new, digital technologies

How this Pinay entrepreneur grew a laundry service app for A-list Hollywood celebs

Oct 17, 2018 - 7:45 AM

What happens when you fail at your first try? You try again, as Rechelle Balanzat proves.

Businesses still 'confused' over Boracay opening plans

Oct 16, 2018 - 10:01 PM

The Philippine Chamber of Commerce and Industry wants the government to provide them a list of compliant establishments that would be allowed to operate by October 26

CONFUSED. Some businesses are still confused whether they are already compliant to government rules and regulations. All photos from Net Sacapano

LOOK: E-trike, modern vehicles for the 'new' Boracay

Oct 15, 2018 - 7:05 PM

These are part of the Department of Transportation's integrated transport system project in the island

MODERN JEEPNEY. The Department of Transportation is working with Grab to launch the modern jeepneys in Boracay. DOTr photo

IN CHARTS: Boracay is bursting at the seams

Oct 12, 2018 - 7:45 PM

Boracay has exceeded its capacity in terms of population, infrastructure, and waste generated

CAPACITY. The carrying capacity study of the DENR showed the many ways Boracay exceeded its capacity. File photo by Adrian Portugal/Rappler

LIST: 68 Boracay hotels open by October 26

Oct 12, 2018 - 5:55 PM

The government has accredited 68 hotels and resorts that are already compliant with rules and regulations

ACCREDITED. Shangri-la Resort is among those the DOT-accredited hotels that will operate on October 26. Photo from Shangri-la Resort website

Cimatu lifts ECC suspension for compliant Boracay businesses

Oct 12, 2018 - 4:51 PM

This means that the businesses can now seek permits to operate from the interior and tourism departments

CLOSED. In this file photo, Boracay businesses were closed during the shutdown of the island. Photo by Aika Rey/Rappler

Boracay boat operator to charge double the previous fare

Oct 11, 2018 - 8:00 AM

From the previous fare of P25, boat riders will pay P50 to the sole operator of the Caticlan to Boracay route when the world-class beach resort reopens

Boat fare Boracay up by 50 percent. Photo by Boy Ryan Zabal

Philippines revs up flagging green energy engine

Oct 10, 2018 - 12:55 PM

A surge of new exploration efforts are underway in a nation that has some of the world's largest untapped sources of volcanic heat, but which relies on coal for half its electricity

JICA opens agri-business, tourism training in Okinawa for young Filipinos

Oct 08, 2018 - 6:47 PM

PRESS RELEASE: The course will run from February 7-23, 2019 and application is open until October 31, 2018

After death of call center agent, Cebu City to shuttle employees to work

Oct 06, 2018 - 10:30 PM

Cebu City Mayor Tomas Osmeña is working with the Business Process Outsourcing sector to ensure workers' safety in the city

BPO SECTOR. Cebu City Mayor Tomas Osmena meets with the Business Process Outsourcing representatives to discuss workers' safety in the city. Photo from Osmena's Facebook page

Kris Aquino seeks 'justice' for apparent financial 'betrayal'

Sep 26, 2018 - 1:09 PM

The media mogul does not drop names, but says she was betrayed by someone she had 'complete trust and faith in'

KRIS AQUINO. The media mogul enlists the help of top lawyers to deal with apparent financial 'betrayal.' File photo by Rob Reyes/Rappler

COA finds anomalies in Supreme Court’s purchase of P7.9-M computers

Sep 25, 2018 - 1:12 PM

Purchases are made without public bidding, bought from a supplier with a higher price, and done with incomplete documents

Supreme Court of the Philippines in PAdre Faura on June 19, 2018. Photo by LeAnne Jazul/Rappler

Implement 'Build, Build, Build' with political will like Boracay

Sep 12, 2018 - 12:40 PM

'We need to keep this pace to build up momentum. The government needs to be ready and we need to address the challenges of each infrastructure project,' says Ramoncito Fernandez, Management Association of the Philippines president

CONTINUITY. Ramoncito Fernandez, MAP President and Maynilad Water CEO, highlights at the Arangkada forum the need for continuity of projects in government when dealing with the private sector. Photo by Aika Rey/Rappler

Alibaba co-founder Jack Ma announces plans to retire at 54

Sep 08, 2018 - 10:42 AM

(2ND UPDATE) The Chinese business magnate retires on Monday, September 10 as he devotes his time to philanthropy focused on education

JACK MA. Jack Ma, Chairman of Alibaba Group, speaks with reporters following his meeting with President-elect Donald Trump at Trump Tower, January 9, 2017 in New York City. File photo by Drew Angerer/Getty Images/AFP

Business confidence in Q3 sinks to 8-year low

Sep 06, 2018 - 9:30 PM

The Q3 2018 Business Expectations Survey shows companies are concerned with the rising cost of raw materials, weak peso, and stiffer competition

Gov't approves permits to operate of 25 Boracay hotels, resorts

Sep 01, 2018 - 3:51 PM

The Boracay Inter-Agency Task Force is implementing a 'No Compliance, No Opening' policy to ensure that establishments follow rules and regulations

HOTELS. The Department of Tourism releases a list of accredited accommodation establishments in Boracay. Photo from Fairways and Bluewater Beach Resort

DENR to Boracay businesses: Stop dealing with fixers, impostors

Aug 24, 2018 - 9:59 AM

Environment officials urge business owners or authorized representatives to personally process their certifications, business permits, and clearances at the one-stop shop in Boracay

BORACAY BUSINESSES. Boracay Island has temporarily closed down last April 26 to give way for its rehabilitation. Government plans to reopen it in October. File photo by Adrian Portugal/Rappler

One-stop shop for Boracay businesses gets 2-week extension

Aug 23, 2018 - 7:35 PM

The one-stop shop will now be open until September 7 instead of the initial August 25 deadline

CLOSED DOWN. Almost all establishments along Boracay's beachfront have closed down. Photo by Aika Rey/Rappler


No more parties on the beach when Boracay reopens

Aug 23, 2018 - 5:40 PM

A dry run is also scheduled from October 15 to 25, with local tourists from Aklan to be prioritized

SOFT OPENING. Local tourists will be the first to get a sneak peek of a cleaner Boracay. Photo by Angie de Silva/Rappler


U.S., China swap tariffs on billions in goods as sides hold talks

Aug 23, 2018 - 12:55 PM

The latest action completes the first round of $50 billion in Chinese products that President Donald Trump targeted with Beijing striking back at American products dollar-for-dollar at each step

TRADE WARS. In this file photo, China's President Xi Jinping (L) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. File photo Nicolas Asfouri/AFP

Work training crucial for employers when hiring K to 12 graduates – group

Aug 19, 2018 - 8:30 AM

The Philippine Business for Education also calls on more companies to offer internships to senior high school students so that employers themselves can become familiar with the students' skills

COMMITMENT. Business groups sign an agreement with the Department of Education to commit to hiring K-12 graduates and employing based competencies instead of credentials, Photo by Sofia Tomacruz/Rappler

Business groups support economic managers over federalism risks

Aug 13, 2018 - 2:20 PM

The groups 'echo the concerns of fiscal and economic experts about the ambiguous provisions on the division of revenue and expenditure responsibilities' under federalism

Economic managers DBM Sec. Benjamin Diokno (2nd-right), NEDA Sec. Ernesto Pernia (2nd-left), BSP Deputy Governor Diwa Guinigundo (right), DOF Sec. Carlos Dominguez (left) on Tuesday, July 31, 2018, during hearing on the proposed P3.8-trillion budget for 2019. Photo by DARREN LANGIT

#AskTheTaxWhiz: Planning to franchise a food cart business?

Aug 08, 2018 - 11:00 AM

The Philippine Tax Whiz explains the taxes you need to pay when you franchise a business

Trump, EU's Juncker agree to ease trade tensions

Jul 26, 2018 - 7:58 AM

(UPDATED) The leaders agree to 'launch a new phase' in the relationship and 'to work together towards zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods'

TRADE. US President Donald Trump meets with European Commission President Jean-Claude Juncker in the Rose Garden of the White House in Washington, DC, on July 25, 2018. Photo by Saul Loeb/AFP

NBI files complaint vs resorts, local execs in Boracay mess

Jul 19, 2018 - 6:45 PM

Business owners are accused of breaking environmental rules

DENR suspends compliance certificates of Boracay businesses

Jul 19, 2018 - 5:25 PM

The Department of Environment and Natural Resources says the businesses would have to stop operations while their environmental compliance certificates are reviewed

ESTABLISHMENTS. DENR issues a memorandum cancelling all environmental compliance certificates in Boracay. File photo by Adrian Portugal

How employers, schools can prepare students for work

Jul 17, 2018 - 7:14 AM

'It doesn’t matter how good you are in your own vacuum, what matters is how good you are in reference to your partner,' says Philippine Business for Education Executive Director Love Basillote

ALIGN. Philippine Business for Education Executive Director Love Basillote urges the government, employers, and the education sector to develop a national plan to ensure students are ready to enter the workforce. Photo by Sofia Tomacruz/Rappler

IN NUMBERS: Foreign visitors up by 10% despite Boracay closure

Jul 06, 2018 - 6:46 PM

The Department of Tourism says foreign visitor arrivals still grew in May despite the closure of Boracay as they went to other destinations in the country

SIARGAO. Sugba Lagoon, a popular destination for those who visit Siargao.Photo by Naveen Ganglani/Rappler

Local is the new premium for ‘Brand Pilipinas’

Jun 23, 2018 - 10:56 AM

The movement aims for Filipinos brands to go global

SHOW OF STRENGTH. local brands came in the hundreds to support the 'Brand Pilipinas' initiative. Photo by Angie de Silva/Rappler

AT&T closes mega-merger with Time Warner

Jun 15, 2018 - 2:57 PM

The news comes just two days after a US federal judge approved the deal, delivering a stinging rebuke to President Donald Trump's administration in its first major antitrust court case

(COMBO) This combination of pictures created on October 21, 2016 shows AT&T cellphone store in Springfield, Virginia, on October 23, 2014. And the Time Warner company logo on the front of the headquarter building, 24 November, 2003, in New York.  AT&T is in "advanced talks" to acquire entertainment group Time Warner in a move to add in-house content to distribution services, The Wall Street Journal reported on October 21, 2016.  AT&T could seal the deal "as early as this weekend," the Journal said, citing people familiar with the matter.   / AFP PHOTO / SAUL LOEB AND STAN HONDA

Duterte wants ex-military to head anti-red tape agency

Jun 14, 2018 - 7:52 AM

For the new Anti-Red Tape Agency to 'have more teeth,' Trade Secretary Ramon Lopez says President Rodrigo Duterte wants a former military general to lead the office

Boracay natives can sell land to big firms, if they want – Duterte

Jun 13, 2018 - 11:07 AM

President Rodrigo Duterte has previously said he would put Boracay under the land reform program because he wants to limit commercial establishments that cause environmental problems

President Rodrigo Roa Duterte, in his speech during the oath-taking ceremony of the newly-elected Punong Barangays of Central Luzon at the ASEAN Convention Center in Clark Freeport Zone, Pampanga on June 12, 2018, urges the village chiefs to follow his pursuit of protecting the people and preserving the nation. VALERIE ESCALERA/PRESIDENTIAL PHOTO

For residents, uncertainty looms over Boracay relocation plan

Jun 04, 2018 - 1:14 PM

Some residents protest the rumored plan to relocate them outside the top tourist island

FORESTLAND. The Cayetano family lives in a make-shift compound in a government-proclaimed forestland. Rappler photo

IN PHOTOS: Businesses 'dead' in Boracay

Jun 03, 2018 - 4:15 PM

Business owners can only hope that the island would be reopened sooner than originally scheduled

CLOSED DOWN. Almost all establishments along Boracay's beachfront have closed down one month into the closure order. All photos by Aika Rey/Rappler

Rising prices, weaker peso slightly hurt business confidence in Q2 2018

May 31, 2018 - 6:30 PM

The Bangko Sentral ng Pilipinas says businesses' overall confidence index was at 39.3% for the 2nd quarter of 2018, a slight decline from the 39.5% for the 1st quarter

Businesses warn ill effects of TRAIN Law package 2

May 30, 2018 - 5:58 PM

The Philippine Association of Multinational Companies Regional Headquarters Inc. warns legislators that the removal of tax incentives may scare away foreign investors

#ThewRap: Things you need to know, May 29, 2018

May 29, 2018 - 12:08 PM

Hello! Here are the stories you shouldn't miss this Tuesday.

(FILES) In this file photo taken on April 17, 2018, US President Donald Trump greets Japanese Prime Minister Shinzo Abe at Trump's Mar-a-Lago resort in Palm Beach, Florida. Trump and Abe agreed on May 28, 2018, that it is "imperative" to completely dismantle North Korea's nuclear weapons and ballistic missile program, the White House said. The US and Japanese leaders will meet ahead of a much anticipated summit with North Korea's Kim Jong Un back on schedule for June 12 in Singapore just days after Trump announced he was canceling it.   / AFP PHOTO / MANDEL NGAN

Duterte signs Ease of Doing Business Act

May 28, 2018 - 6:55 PM

The new law creates a unified business application form to make it easier to put up or renew businesses in the Philippines. It also features a zero-contact policy to reduce corruption.

Rappler Talk Investigative: Bob Herrera-Lim on the rule of law and risks to business

May 17, 2018 - 2:11 PM

Rappler editor-at-large Marites Vitug speaks to risk consultant Roberto 'Bob' Herrera-Lim on how the situation in the Philippines specifically affects the business sector and perceptions of investors

Fresh minds wanted: How to kickstart your career at Accenture

May 17, 2018 - 11:40 AM

Accenture is looking for young, digitally-savvy minds to join the workforce of the future

AIM, BGC launc​h ​​fellowship ​progra​m for ​​innovators

May 08, 2018 - 7:47 PM

The ​fellowship ​program is a ​one-month module that will enable active knowledge transfer and creativity through competition, collaboration, and innovation

'Uutang muna': For a hair braider, life goes on after Boracay closure

Apr 29, 2018 - 3:54 PM

'Tiyaga-tiyaga pa rin talaga,' says Michelle, one of the 36,000 workers affected by President Rodrigo Duterte's order to close Boracay for 6 months

HAIR BRAIDS. Michelle used to braid hair along the shores of Boracay. Photo by Aika Rey/Rappler

A cook's plight after Boracay closure: From P3,000 to none

Apr 28, 2018 - 5:33 PM

''Yung pagkain ko ng dalawang beses sa isang araw, isa na lang para makatipid,' according to a cook in Boracay, who also says it would allow him to save money for his children's education

COOK. Hanafi Indar Barani is a cook who moved to Boracay 15 years ago. Photo by Adrian Portugal/Rappler

#ThewRap: Things you need to know, April 27, 2018

Apr 27, 2018 - 11:31 AM

Here are the stories you shouldn't miss this Friday

INTER-KOREAN SUMMIT. This screengrab from the Korean Broadcasting System (KBS) taken on April 27, 2018 shows North Korea's leader Kim Jong-Un (L) and South Korea's President Moon Jae-in walking together past the Military Demarcation Line that divides their countries at Panmunjeom. AFP PHOTO / KOREAN BROADCASTING SYSTEM (KBS)

WATCH: What Boracay looks like after it was closed down

Apr 26, 2018 - 10:19 PM

The shores of Boracay Island's White Sand Beach are almost empty on the day it is closed to the public

ALMOST EMPTY. The shores of Boracay Island's White Sand Beach are almost empty on the day it is closed to the public. Photo by Adrian Portugal/Rappler

DILG to file cases vs Aklan local gov't officials over Boracay neglect

Apr 26, 2018 - 8:35 PM

Interior Assistant Secretary Epimaco Densing III says that at least 10 local government officials are responsible for the neglect of the island

GREEN SHORES. The algae-tinged shores of Boracay is said to be an indication of high levels of water pollution. Photo by Adrian Portugal/Rappler