Binay vows to tinker with the Constitution to lure more foreign investments

In his recent talks with businessmen, Vice President Jojo Binay disclosed plans to amend the economic provisions of the 1987 Constitution to enable foreign investors to pour in their resources in the country to help spur economic growth and to generate employment opportunities....

Transfast’s ‘Working Hard in America’ survey finds Fil-Amas ‘overqualified for jobs, more stressed at work’

Transfast salutes and supports Filipinos working in U.S. NEW YORK  – According to a recent survey of Filipinos who live in the U.S. and send money home, the majority of respondents say they are overqualified for their jobs and find their U.S. workplace to be more stressful than...

World Bank cites Aquino’s ‘Daang Matuwid’

Palace welcomes results of latest World Bank Worldwide Governance Indicators report MANILA (Mabuhay) – Malacañang on Friday welcomed the results of the latest World Bank Worldwide Governance Indicators (WGI) survey, which were attributed to the Aquino administration’s Daang...

EL Niño, global weakness prod ADB to cut PHL growth forecast

MANILA, Sept 22 (Mabuhay) — The Asian Development Bank (ADB) revised its growth forecast for the Philippine economy this year amid a slowdown in major industrial economies and China and the impact of El Niño. The Manila-based multilateral lender expects the Philippine gross...

PH growth in Q2 meets expectations

MANILA (Mabuhay) — Philippine economic growth met expectations, picking up from their lowest levels in three years, thanks to services and industry, consumer spending and investment. Gross domestic product increased 5.6 percent in the second quarter, compared with a revised...

Public warned: Stop investing in Forward Direct Selling

MANILA (Mabuhay) — The Securities and Exchange Commission (SEC) advised the public to stop investing in Forward Direct Selling Corp., which allegedly engages in pyramiding operation. The company is operated by the same people behind One Lightining Corp., which had received...

Basra seeking more investments from PHL

Basra – After a Filipino company poured in $130 million to develop Iraq’s largest port, the governor of this oil-rich southern province wants the Philippines to seriously consider sending in more investments. “We want more investments from the Philippines,” Governor ​Maj...

Aquino calls for improved PHL-Chinese relations based on mutual respect

MANILA (Mabuhay) – President Benigno S. Aquino III told Chinese-Filipino businessmen on Monday that the relationship between the Philippines and China could improve, so long as it is anchored on mutual respect and a firm commitment to the rule of the law. “In trade and...

Fil-Am hairstylist Marlou Colina introduces UNO Premier beauty, health and wellness products

LOS ANGELES – After being Philippines’ number 1 network marketing company for more than eight years, Unlimited Network of Opportunities International (UNO Intl.) is finally now in the U.S. which broke ground Wednesday with the launch of its high-end international brand and...

President Aquino’s state visit to Canada begins

OTTAWA, Canada (Mabuhay) — President Benigno S. Aquino III flew to Ottawa, the first stop of his three-day state visit to Canada, on Thursday (Friday in Manila) after completing a successful one-day working visit to Chicago. Shortly after his arrival in Ottawa, President...