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News and Events

Kick start your day, June 9: How much did Duterte spend for his campaign?

Plus, know who’s the richest congressman and why World Bank revises downward global growth forecast for 2016.

PDP-Laban didn’t spend for bet Duterte’s campaignPresident-elect Rodrigo Duterte spent a total of P371.46 million ($8.06 million) for his campaign, as reported on his Statement of Contributions and Expenditures (SOCE), filed on Wednesday, June 8.Related: Duterte’s Cabinet 80% completeThe statement showed he ...

by Entrepreneur Staff  | June 09, 2016 08:00:00
News and Events

PH exceeds expectations, posts 6.9% GDP growth in Q1

Relative to other Asian economies, the Philippines is now the fastest growing economy, followed by China and Vietnam.

MANILA, Philippines – Exceeding expectations, the Philippines posted its highest gross domestic product (GDP) growth since the last quarter of 2014, as it welcomed the year with a 6.9% growth.This makes the country the fastest growing economy among its selected ASEAN (Association ...

by Elyssa Christine Lopez  | May 19, 2016 02:00:00
Run & Grow

Rafael Alunan III on moving forward, embracing entrepreneurship

Only 5 days after the 2016 election, the senatorial bet and former Cabinet secretary already talks about his entrepreneurial plans.

 “I’m okay, I jumped in with my eyes open. I knew exactly what was I getting into,” said Rafael “Raffy” Alunan III on Saturday, May 14, as he sat down with for an interview.His response pertains to the fact that it ...

by Lynda C. Corpuz  | May 15, 2016 05:00:00
News and Events

Bakeshop to give P5M worth of free cakes for Duterte’s win

(UPDATED) The Quim’s Cake Bakeshop and Café owner said last year they’d do so once the Davao City mayor wins. So here are the instructions if you’re interested.

(UPDATED) Eliaquim Labang, pastry chef and owner of Quim’s Cake Bakeshop and Café in Tomas Morato, Quezon City said in November 2015 that if Davao City Mayor Rodrigo “Rody” Duterte wins the 2016 presidential election, he would give away P5 million worth ...

by Entrepreneur Staff  | May 13, 2016 03:00:00
News and Events

Kick start your day, May 11: Business groups, leaders express support for Duterte

Plus, the searchable database of Panama Papers is up and shows connections to some prominent Filipino names.

ChangedThe tone changed, as it is becoming clear that Davao City Mayor Rodrigo “Rody” Duterte is heading for a landslide presidential win.When some analysts before expressed apprehension over a Duterte win, and business groups called for voters to really think about voting ...

by Entrepreneur Staff  | May 11, 2016 10:00:00
News and Events

Kick start your day, May 10: 2016 voter turnout highest in last 3 elections

(UPDATED) Davao City Mayor Rodrigo Duterte maintains his lead, while Bongbong Marcos and Leni Robredo are head-to-head in the VP race.

(UPDATED) At least 81% of the registered voters practiced their right to vote, the highest turnout rate in the last three automated elections, Commission on Elections (COMELEC) chairman Andres Bautista said in a press briefing, Monday, May 9, election day.The voter turnout ...

by Entrepreneur Staff  | May 10, 2016 08:00:00
News and Events

Bottom line: Shanghai Disney Resort opens June 16

Plus: Leaning in, rough diamonds, Australian election, PH 2016 election results website.

Soft openingShanghai Disney Resort on May 6 started a kind of soft launch ahead of its official opening on Thursday, June 16, CNN reported on Friday.The Disney project in China includes two hotels, a shopping district, and six themed lands, namely: Mickey ...

by Entrepreneur Staff  | May 09, 2016 08:00:00
News and Events

Kick start your day, May 6: Mar Roxas apologizes for administration's shortcomings

Plus, April inflation remains steady at 1.1%.

SteadyThe country's inflation or the rate at which the prices of goods and services rise was unchanged at 1.11% in April from March’s reading, the National Economic and Development Authority (NEDA) reported Thursday, May 5.April inflation held steady as inflation for food ...

by Entrepreneur Staff  | May 06, 2016 08:00:00
News and Events

Kick start your day, May 5: Duterte retains lead in latest polls

The Davao City Mayor maintained his lead amid the bank controversy hounding his campaign in the last week.

Less than a week before the elections, Davao City Mayor Rodrigo Duterte retained his lead in the latest Pulse Asia survey, amid the controversy on his bank accounts.The ABS-CBN poll released on Wednesday, May 4, saw Duterte with a 33% rating, followed ...

by Entrepreneur Staff  | May 05, 2016 08:00:00
News and Events

Here’s your guide to the 2016 PH presidential elections

(UPDATED) Because you have to make that crucial vote count.

Controversies. Debates. Surveys.A clash of personalities and machineries.Who supports who.A throng of netizens, espousing support for their bets hug or troll social media.Indeed, it is the season of craziness, jitters, uncertainty as the nation elects its 16th president on Monday, May 9.So ...

by Entrepreneur Staff  | May 04, 2016 08:00:00
News and Events

Kick start your day, May 4: PH economy to grow fastest in 2016, IMF says

The International Monetary Fund says the PH’s growth would trump other ASEAN-5 members. The PH market though continues to fall.

Fastest growth The Philippines is seen to have the fastest gross domestic product (GDP) growth among the Association of Southeast Asian Nations or ASEAN-5 major economies in 2016, based on the International Monetary Fund's latest Regional Economic Outlook for Asia and the ...

by Entrepreneur Staff  | May 04, 2016 10:00:00
News and Events

Bongbong Marcos campaigns for a ‘new revolution’

The proud son of the late President Ferdinand Marcos aspires for a ‘revolution toward a true and significant change.’

“I’m proud to be a Marcos,” Senator Ferdinand "Bongbong" Marcos Jr. repeatedly exclaims the line in interviews, even when the ghost of his father’s past—former President Ferdinand Marcos’ martial law rule—continues to creep in public consciousness.Still, amid the issues hounding his run ...

by Elyssa Christine Lopez  | May 03, 2016 07:00:00
News and Events

Kick start your day, May 3: PH’s ICT growth hangs in balance

Over the past two presidential elections, PH’s ICT spending experience differing fates, IDC notes. Plus, the central bank and anti-money laundering council say they didn’t leak Duterte’s account.

Hanging in the balanceThe country's information and communications technology once again hangs in the balance, global market intelligence firm IDC said on Monday, May 2.“Over the past two presidential elections, we have seen the country's ICT spending experience differing fates,” IDC noted.In ...

by Entrepreneur Staff  | May 03, 2016 08:00:00