companies - updates

Rappler's latest stories on companies

ARTICLE FINDER

DOLE to assist 3,800 Hanjin workers

Jan 15, 2019 - 9:43 PM

Labor Secretary Silvestre Bello III says Hanjin workers will be receiving separation pay, and will be profiled to see if they can get jobs in government projects

AID. The labor department will be assisting thousands of Hanjin workers after the South Korean shipbuilder went bankrupt. Photo from HHIC-Phil website

Banks downplay Hanjin crisis impact

Jan 14, 2019 - 3:10 PM

The Bangko Sentral ng Pilipinas says the total exposure caused by the bankruptcy of Hanjin Heavy Industries and Construction Philippines is only 0.24% of all loans in the country's banking system

Singapore's CapitaLand in $8-billion deal creating Asia property giant

Jan 14, 2019 - 1:25 PM

Under the agreement, CapitaLand will acquire two units from a subsidiary of state investment firm Temasek

The CapitaLand tower is seen at Singapore's financial business district on January 14, 2019. - Singapore's CapitaLand said on January 14 it has agreed to buy real estate units from a subsidiary of state investment firm Temasek in a massive deal worth eight billion USD. (Photo by Roslan RAHMAN / AFP)

LIST: Airline seat sale in January 2019

Jan 11, 2019 - 6:20 PM

Here are the airlines offering cheaper fares this January 2019

REHABILITATION. Establishments found to be violating environmental laws will be shut down by the government. Photo from Shutterstock

Cebu Pacific has new baggage rules starting January 15

Jan 10, 2019 - 2:45 PM

Passengers can purchase baggage allowance from booking up to 4 hours before their flight

BAGGAGE POLICY. Cebu Pacific will be implementing a new check-in baggage policy starting January 15. Photo courtesy of Cebu Pacific

LTFRB panel denies Go-Jek entry into Philippine market

Jan 08, 2019 - 6:44 PM

(UPDATED) The pre-accreditation committee of the LTFRB says Go-Jek's local subsidiary Velox Technology Philippines violates the foreign ownership rule in public utility

DENIED. The LTFRB pre-accreditation committee denies the application of Go-Jek done through its local subsidiary Velox Technology Philippines. Rappler photo

Meralco lowers January power rates

Jan 08, 2019 - 5:48 PM

A typical household consuming 200 kilowatts per hour in a month will be able to save around P68

Philippine Airlines launches more flights to Cambodia, Vietnam

Jan 08, 2019 - 2:36 PM

The Philippine flag carrier will launch flights from Manila to Phnom Penh in Cambodia and Hanoi in Vietnam this summer

CAMBODIA. The Royal Palace in Phnom Penh is the residence of the King. Wikicommons photo by Jean-Pierre Dalbéra

House panel to invite Diokno, in-laws to Sorsogon infra projects probe

Jan 05, 2019 - 11:45 PM

House Majority Leader Rolando Andaya Jr appeals to Budget Secretary Benjamin Diokno and his in-laws to 'stop hiding the truth using technicalities and general denials'

DIOKNO CONNECTION. House Majority Leader Rolando Andaya Jr (center) links DBM Secretary Benjamin Diokno to Aremar Construction in a hearing of the House rules committee on January 3, 2018. Photo by Mara Cepeda/Rappler

13 dead after fire in Czech mine

Dec 21, 2018 - 7:50 PM

Authorities say the fire is still burning, with rescuers building barriers to stop it from spreading

DOTr to Angkas: We're willing to listen, but stop defying SC

Dec 20, 2018 - 7:40 PM

The Department of Transportation hits Angkas for continuing 'to brazenly defy the order of the Supreme Court' to temporarily stop its operations

UNITY RIDE. Thousands of Angkas riders, who found themselves at the receiving end of Land Transportation Franchising Regulatory Board apprehensions, join the massive Unity Ride along EDSA on December 16, 2018. Photo by Darren Langit/Rappler

Watch Nadine Lustre, Gab Valenciano, Sam Concepcion at #SaveAngkas concert

Dec 19, 2018 - 3:46 PM

Angkas is hosting a free thanksgiving concert on December 22, featuring many local artists

PLDT, Globe subscribers to get 8-digit telephone numbers in March 2019

Dec 19, 2018 - 2:32 PM

The 8-digit format ensures a sufficient resource pool to cater to the rapid growth of landline customers in major cities

DICT orders NTC to make phones unlockable after initial lock-in period

Dec 14, 2018 - 2:49 PM

The memorandum order provides telco subscribers with the option to switch among compatible service providers after initial lock-in period has been completed

House OKs Legarda son's solar power franchise on 3rd reading

Dec 10, 2018 - 4:36 PM

The House bill granting a 25-year franchise to Leandro Leviste's Solar Para sa Bayan gets passed in the lower chamber after only 4 months

APPROVED. Solar Para sa Bayan founder Leandro Leviste talks to reporters after the bill granting a franchise to his company was approved on 2nd reading on December 4, 2018. Photo by Mara Cepeda/Rappler

Uber filed paperwork for IPO, says report

Dec 08, 2018 - 2:28 PM

The move, as reported by the Wall Street Journal, comes a day after Lyft launched the process to take the company public with a stock offering

UBER. This file photo taken on March 10, 2017 shows Uber signage outside the entrance of the ride-hailing giant's office in Hong Kong. Photo by Anthony Wallace/AFP

Japan electronics company Pioneer bought by Hong-Kong fund

Dec 07, 2018 - 5:30 PM

Pioneer, known for its audio equipment as well as car electronics systems, says Baring Private Equity Asia agreed on a 102-billion-yen ($904 million) plan to revive the struggling Tokyo-based company

LTFRB accredits ride-hailing firms SnappyCab, Ryd Global

Dec 07, 2018 - 3:20 PM

There are now 8 companies accredited this year, and 9 overall in the Philippine ride-hailing industry

Ortigas & Company has big plans in store for their malls

Dec 06, 2018 - 7:02 PM

A new mall in Greenhills, award-winning Christmas campaigns in Estancia and Tiendesitas – get to know some of Ortigas & Company’s upcoming plans and activities

House OKs on 2nd reading bill granting franchise to solar power company

Dec 04, 2018 - 5:11 PM

Solar Para sa Bayan founder Leandro Leviste denies his mother, Senator Loren Legarda, helped lobby for the passage of the bill

ONE MORE TO GO. Solar Para sa Bayan founder Leandro Leviste talks to reporters after the bill granting a franchise to his company was approved on 2nd reading. Photo boy Mara Cepeda/Rappler

Philippines joins Electronica, looks beyond manufacturing

Nov 26, 2018 - 12:00 PM

The country showcases its electronics industry to potential investors and buyers, and eyes going beyond semiconductor manufacturing

The Philippine Pavilion at the 2018 Edition of Electronica. This is the first time the country is joining the fair after 20 years. Photo by Carol Ramoran.

Leading medical supply maker reportedly linked to many breaches

Nov 26, 2018 - 9:31 AM

One in 5 medical implants using Medtronic products proved problematic, twice the rate of any competing firm, according to a wide-reaching analysis by the International Consortium of Investigative Journalists

CA denies government bid to make Piatco pay P300 million

Nov 11, 2018 - 3:43 PM

The Court of Appeals rules that arguments by the Office of the Solicitor General 'are a mere rehash of the arguments' already evaluated and resolved

APPELLATE COURT. The Court of Appeals (CA) denies the government's bid for the CA to make the Philippine International Air Terminals Company Incorporated (Piatco) pay $6 million. File photo from CA website

Concrete plant defies Lipa mayor's closure order

Nov 10, 2018 - 7:52 AM

Residents of Barangay of Calamias in Lipa City, Batangas, appeal to higher authorities to look into the continued operations of RY Saligvera Builders Construction and Supply Company

WRONG PLACE? The batching plant of RY Saligvera Builders is in a residential area in Lipa City, Batangas, prompting residents to air health and environmental concerns. Contributed photo

Toshiba slashes 7,000 jobs, downgrades profit outlook

Nov 08, 2018 - 4:18 PM

'Over the next 5 years, we expect a reduction of 7,000 jobs,' many coming from early retirement, CEO Nobuaki Kurumatani says

TOSHIBA. This file photo taken on February 16, 2017 shows the Toshiba Corporation logo at the company's headquarters in Tokyo. File photo by Kazuhiro Nogi/AFP

A millennial dancer's financial adulting journey

Nov 07, 2018 - 1:24 PM

This is the story of how Michelle Kawpeng pursued her passion for dancing and teaching

[ANALYSIS] Time for Duterte to shut down this mining company

Oct 31, 2018 - 5:24 PM

OceanaGold has not adhered to its commitments under its mining permit and various Philippine laws and regulations

Always running into Grab-related commuting problems?

Oct 29, 2018 - 3:01 PM

Here’s how you can ensure a smoother ride the next time you book

IBM buys software company Red Hat for $34 billion in bid for cloud dominance

Oct 29, 2018 - 8:24 AM

The deal will see IBM acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, more than $70 above the $116.68 at which Red Hat was trading on close of business Friday

IBM AND RED HAT. In this file photo taken on February 26, 2018 the logo of Red Hat Software is pictured at the Mobile World Congress (MWC) in Barcelona.  Photo by Pau Barrena/AFP

The secret behind MUJI's design as told by Kenya Hara, art director

Oct 28, 2018 - 8:00 AM

Hara talks about the popular household brand's design philosophy of 'emptiness' and what it means

Grab to ask PCC to reconsider P12-M fine

Oct 26, 2018 - 6:17 PM

The PCC is penalizing Grab for supposedly failing to keep its pre-Uber acquisition prices and quality of service, among other alleged violations of interim rules

Rappler file photo

Questions mount over delay after Cathay Pacific admits huge data leak

Oct 25, 2018 - 1:26 PM

Cathay Pacific is under pressure to explain why it took 5 months to admit it had been hacked

CATHAY PACIFIC. In this file photo taken on March 15, 2017, Cathay Pacific employees work at their counters at the international airport in Hong Kong. File photo by Anthony Wallace/AFP

What to expect from the Repertory Philippines stage in 2019

Oct 23, 2018 - 12:03 PM

Its 82nd season has 4 top-notch stage productions in store for theater-loving friends and families

Antitrust watchdog fines Grab P16 million over Uber deal

Oct 17, 2018 - 11:08 AM

(UPDATED) Philippine Competition Commission slaps Grab with a fine of P12 million and Uber with P4 million for causing 'undue difficulties' to the review of their deal

MUJI’s art director Kenya Hara is coming to Manila

Oct 11, 2018 - 6:31 PM

...and he'll be giving a talk at the De La Salle University

Top UK audit firm to monitor Grab pricing, service quality

Oct 10, 2018 - 10:20 AM

(UPDATED) Philippine Competition Commission chief Arsenio Balisacan says Smith & Williamson 'will serve as our eyes and ears on the ground'

COMPLIANCE. The Philippine Competition Commission selects Smith & Williamson to monitor Grab's compliance to pricing and service quality commitments.

How China’s online gambling addiction is reshaping Manila

Oct 09, 2018 - 9:00 PM

There's more dim sum in the metro, but the Chinese have driven up rent for locals and brought in a gambling contagion

Workers laid off by Philip Morris Fortune Tobacco call for 'due process'

Oct 09, 2018 - 4:52 PM

The over 200 laid off workers say the change in corporate structure was not explained to them

JOB SECURITY. Workers of Philip Morris Fortune Tobacco Corp decry the retrenchment of over 200 workers. Photo from PMFTC Labor Union Facebook page

Will Indonesia ride-hailing giant Go-Jek enter PH?

Oct 06, 2018 - 5:00 PM

The multibillion-dollar firm plans to introduce ride-hailing services for sedans, SUVs, AUVs, and taxis in 3 Philippine cities as part of its $500-million overseas expansion drive

Months after Uber left, where are the new ride-hailing firms?

Oct 06, 2018 - 10:00 AM

Almost 6 months have passed but the new firms have yet to make a dent in the ride-hailing market

Dunkin' Donuts is dropping 'Donuts' from its name

Sep 26, 2018 - 1:07 PM

Of course, that's something Filipinos have long been doing

REBRAND. Goodbye 'donuts' – in their name, at least. Image from Shutterstock

Singapore watchdog fines Grab, Uber $9.5M over merger

Sep 24, 2018 - 1:40 PM

The Competition and Consumer Commission of Singapore says the merger significantly reduced market competition and led to higher fares

Supreme Court rules BIR can't collect P3-B tax from Petron, Shell

Sep 19, 2018 - 3:07 PM

Dubbed as the tax refund scam of the 1990s, Petron and Shell win big in the Supreme Court

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

No 3rd telco player by November? 'I'll take over,' says Duterte

Sep 11, 2018 - 5:46 PM

If there will be further delays, President Duterte warns he'll invite interested parties to submit their position papers to him, and he will make his choice in 'about 30 minutes'

President Rodrigo Roa Duterte reiterates in his speech during the meeting with the Filipino community at the Royal Cultural Palace in Amman, Jordan on September 7, 2018 that he has made a promise to get rid of corruption, criminality, and illegal drugs in the country back when he was still campaigning for the country's top government position. He went on to add that he is relentless in his efforts to fulfill these promises. RENE LUMAWAG/PRESIDENTIAL PHOTO

Why Manny Pacquiao wants to sue Top Rank, others

Sep 11, 2018 - 11:08 AM

The boxing star says Top Rank has not given his share for the live-streaming of his title bout against Lucas Matthysse in the USA, Canada, and Puerto Rico

BIG BLOW. Manny Pacquiao, who defeated Lucas Matthysse to snatch the WBA regular welterweight title, is set to take legal action against Top Rank Promotions and other concerned parties. File photo by Mohd Rasfan/AFP


FWD Life Philippines launches new financial protection Set for Tomorrow

Sep 10, 2018 - 4:58 PM

Set for Tomorrow is financial protection for those you leave behind

International alliace asks backdoor access to encrypted communications – report

Sep 07, 2018 - 2:08 PM

The Five Eyes group of nations collects and shares intelligence among the UK, US, Canada, New Zealand, and Australia, using each one’s strategic locations to monitor the rest of the world’s communication

ENCRYPTED MESSAGING. WhatsApp now features end-to-end encryption for your needs. Image from Open Whisper Systems.


DOTr, LTFRB: Angkas 'colorum, unsafe, just after profit'

Sep 06, 2018 - 8:20 PM

Government regulators slam a court order allowing the motorcycle ride-hailing company to resume operations while its case is pending

Thousands of motorcycle riders from various organizations of motorcyclist under Riders of the Philippines (ROTP), Motorcle Rights Organization (MRO) along with motorcyclist from various organizations, navigate along Edsa, Quezon City on Sunday during a Nationwide Unity Ride for Equality. The groups converged on EDSA People Power Monument to Mendiola in Manila to air their grievances after the Land Transportation Franchising and Regulatory Board (LTFRB) ordered last year the closure of motorcycle ride-sharing provider Angkas. Photo by DARREN LANGIT

You can book Angkas rides again, for now

Sep 06, 2018 - 4:15 PM

(3rd UPDATE) The motorcycle ride-hailing firm gets a preliminary injunction from the Mandaluyong City Regional Trial Court

OPERATIONAL. Angkas is back on the road again. Angkas File photo

LTFRB allows all ride-hailing firms to charge P2/min of travel

Sep 05, 2018 - 5:03 PM

Grab Philippines, among other ride-hailing companies, can once again charge P2 per minute of travel, 15 days after the publication of Memorandum Circular 2018-019 on September 5

TRAFFIC. Heavy volume of traffic is seen along Commonwealth Avenue. File photo by Jasmin Dulay/Rappler