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Startup Tips

Financial Adviser: 5 Ways to Succeed in the Logistics Business According to VCargo Founder Paulo Tibig

Once a delivery boy, Tibig now owns one of PH's fastest-growing logistics companies

Paulo Tibig had his first exposure in the logistics business when he worked as a part-time delivery boy for a custom brokerage company while taking up a business course in college.Tibig, who grew up in the province to attend college in the ...

by Henry Ong  | August 22, 2017 02:00:00
News and Events

Davao Tycoon Dennis Uy’s Wealth Expands Php459M After Chelsea Listing

The shipping and logistics firm’s share price rose 3.4% when it debuted at the PSE

Shipping firm Chelsea Logistics Holdings Corp. formally listed at the Philippine Stock Exchange (PSE) on August 8. Trading under the ticker symbol CLC, the company opened the day with a share price of Php11.04, a 3.4-percent increase from its offer price of ...

by Lorenzo Kyle Subido  | August 08, 2017 12:00:00
Business Ideas

(WATCH) How Two Brothers are Cashing in on the Storage Business

Safehouse Storage now has three branches and 800 storage units

As more Filipinos move in to condominium buildings in Metro Manila, space, or the lack of it, has become a prime issue. Many residents don’t have enough room to store their extra stuff. This is why brothers Macky and Carlo Coronel, founders ...

by Elyssa Christine Lopez  | July 31, 2017 05:00:00
News and Events

New Rules on Balikbayan Boxes Take Effect Aug 1: What You Need to Know

The customs bureau requires more detailed lists and receipts for brand new items

At least five million Filipinos abroad send shipments of durable and consumable goods to their families back home every year, according to the Door-to-Door Consolidators Association of the Philippines (DDCAP). Mostly, these are contained in balikbayan boxes which are charged a fixed ...

by Elyssa Christine Lopez  | July 26, 2017 10:00:00
News and Events

Fast-Rising Davao Tycoon Dennis Uy Launches IPO for Logistics Firm

Duterte campaign donor emerges as major player in domestic cargo handling industry

UPDATED: Chelsea Logistics Cuts Final IPO Price By More than a Quarter to Php10.68Davao-based entrepreneur Dennis Uy’s Chelsea Logistics Corp. (CLC) has priced its initial public offering (IPO) at Php14.63 per share as it seeks to raise Php8 billion through the sale ...

by Elyssa Christine Lopez  | July 20, 2017 01:00:00
News and Events

Why Billionaire Ricky Razon is Worried About Donald Trump

Global port operator ICTSI’s net income tripled last year but could slow if global trade turns sluggish

American President Donald Trump’s protectionist moves constitute the biggest source of risk to global trade, said Philippine ports and casino magnate Enrique Razon in an interview with Bloomberg Television in Los Angeles on May 2.“The US has created the largest part of ...

by Pauline Macaraeg  | May 08, 2017 12:00:00
News and Events

Sending V-Day Gifts? Try These App-based Couriers

Five logistics startups aim to deliver your parcels within a day in Metro Manila

Whether it's flowers, chocolates or jewelry, nothing beats personally handing over your precious Valentine's Day gift to your object of affection.But if personal delivery is not an option, why not consider these app-based couriers that specialize in same-day delivery within Metro Manila?Many ...

by Pauline Macaraeg  | February 13, 2017 11:00:00
Run & Grow

What’s in a box?

Santiago Araneta of LBC Express plans to go global

A carton box was at the center of a national drama that played out on various media platforms late last year. The box would triumph in the end, with the customs chief issuing an apology, and the former president himself ordering a ...

by Devi de Veyra  | August 01, 2016 04:00:00
Run & Grow

How Xend changed the PH courier service

Xend founder and CEO Bjorn Pardo dared to change the rules of local courier service, thereby making a mark in e-commerce delivery.

When Bjorn Pardo started Xend in 2004, his goal was to address the pain points that Filipino merchants were experiencing in the nascent e-commerce segment.An online retailer himself who specialized in wood exports to cue stick makers in the US, Pardo sweated ...

by Johanna Poblete  | May 21, 2016 11:00:00
Startup Tips

How this logistics solutions provider shines amid industry crisis

This growing logistics and transport firm shares its winning formula on how it still manages to do better amid an industry crisis.

by Entrepreneur Staff  | November 06, 2014 06:00:00
Startup Tips

Entrepreneurs share lessons from business missteps

They tell us how they emerged stronger because of it

A common trait among entrepreneurs is that they are usually risk takers. Most quit or turn their backs from promising corporate careers or risk significant amounts on a novel idea. In starting up their businesses, entrepreneurs are often challenged to react to ...

by Entrepreneur Staff  | August 19, 2011 11:00:00
Business Ideas

Budget airline leads the pack for local cargo needs

Cebu Pacific corners 46 percent of domestic market

Aside from shuttling the most number of domestic passengers between local destinations, budget airline Cebu Pacific has also cornered the biggest portion of the domestic cargo loads with a 46 percent market share for the first half of 2011.Date from the Civil ...

by Entrepreneur Staff  | August 15, 2011 04:00:00