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News and Events

Is the Philippines Already Enjoying the Economic Dividends from Duterte's Pro-China Stance?

A close look at trade, investments and ODA flows between the Philippines and China

Chinese President Xi Jinping arrived in the Philippines today for his first state visit to the country, a move widely seen as a demonstration of the benefits of closely cooperating with the rising global power.The state visit is an opportune time to ...

by Pauline Macaraeg  | November 20, 2018 06:00:00
News and Events

3 Lessons PH Can Learn from China's Fintech and E-Commerce Revolution

Highlights of a forum on China's fintech and e-commerce ecosystem

Talk about technology and digital innovation in the Philippines and the conversation immediately turns to the country’s status as the selfie or social media capital of the world.Data from social media agency We Are Social show that 63 percent of the population ...

by Lorenzo Kyle Subido  | August 16, 2018 10:00:00
News and Events

China's E-Commerce and Fintech Revolution: What are Lessons For PH?

Veteran China watcher Jaime Florcruz and other experts to address question on August 9

Next to anecdotes of Shanghai residents no longer carrying wallets or bank cards to pay for transactions, perhaps the most intriguing sign yet of the cashless revolution sweeping China is the report of Chinese beggars using mobile payments and QR (quick response) ...

by Pauline Macaraeg  | July 25, 2018 10:00:00
News and Events

China Has Almost Thrice America's Online Users: Time to Meet the Internet Giants Challenging Google and Facebook

The 2018 China Internet Report lists the major Chinese online companies and their American rivals

China has 772 million Internet users, making it the world’s biggest online community with almost thrice the 292 million Internet users in the United States, according to the 2018 China Internet Report. The report was published by Hong Kong’s South China Morning ...

by Entrepreneur Staff  | July 23, 2018 05:00:00
News and Events

(Infographic) How Will the Philippines be Affected by the US-China Trade War?

Most of the country's top five exports to and imports from China are seen to be covered by higher US tariffs

On July 6, both the US and China imposed tariffs on each other’s products, which affected a combined $68 billion (Php3.6 trillion) worth of imported and exported goods. The US government later announced that it may soon apply tariffs to an additional ...

by Lorenzo Kyle Subido  | July 19, 2018 09:00:00
Startup Tips

‘There is Poetry, Romance in Entrepreneurship’: Thoughts from Child Chess Prodigy Turned Startup Founder

Kathy Gong shares insights and words of wisdom on starting a business

Startup founder and former chess champion Kathy gong was a guest speaker at the Asian Forum on Enterprise for Society’s (AFES) The Future Re-ImaginedAt the age of 10, Kathy Gong became the youngest national chess champion in China in 1996, a feat she ...

by Pauline Macaraeg  | May 07, 2018 10:00:00
News and Events

Will China Telecom Be PH's 3rd Telco Player? Here’s What You to Need to Know About the Chinese State-Owned Company

It still needs to find a local partner and acquire a franchise from Congress

Less than a month after Presidential Spokesperson Harry Roque Jr. announced that President Rodrigo R. Duterte had offered China to be the third telecommunications provider in the Philippines, Presidential Communications Secretary Martin Andanar revealed that the Chinese government had selected China Telecom ...

by Pauline Macaraeg  | December 11, 2017 06:00:00
News and Events

PH Retailers Can Now Accept Cashless Payments from Chinese Tourists Through WeChat Pay

The Chinese mobile payments platform partners with Asia United Bank to bring its services to the Philippines

Philippine commercial bank Asia United Bank (AUB) has signed a licensing agreement with Chinese technology giant Tencent to bring the latter’s mobile payments system WeChat Pay to the Philippines, allowing Chinese tourists to use the app in purchase items from Philippine stores ...

by Lorenzo Kyle Subido  | November 23, 2017 06:00:00
News and Events

China Plans To Offer Up To $1,000 Salary For 100,000 OFWs

You might need to teach some English while you're at it

The Department of Labor and Employment (DOLE) is studying a proposal from the Chinese government that seeks to hire thousands of overseas Filipino workers in mainland China.DOLE Undersecretary Dominador Say said China wants to recruit around 100,000 house helpers who will all ...

by Andrei Medina and Andrei Medina for FHM.com.ph  | August 03, 2017 12:00:00
Business Ideas

Chinese Mall Introduces Husband Storage Pods

Why drag someone around a mall when you can leave them happily playing games while you buy stuff?

Visiting a mall can be a tiring and frustrating experience, especially if you really don't like shopping. So one mall in China came up with a solution specifically targeted at all those husbands who accompany their wives but really don't enjoy shopping.According ...

by Matthew Humphries  | July 20, 2017 02:00:00
Startup Tips

6 Tips for Doing Business in China

China is a country whose values and systems are still misunderstood

The U.S. visit in April of Chinese President Xi Jinping and the meeting he had with President Trump at last week's G20 Summit underline the fact that China represents an attractive market for expansion -- for numerous reasons.U.S.-based businesses can also benefit from partnering ...

by Firas Kittaneh  | July 17, 2017 08:00:00
News and Events

Will Duterte’s 2nd Beijing Trip Lead to a Surge in Banana Exports to China?

The president’s first trip in October triggered a recovery in Philippine banana shipments but it was short-lived

In his arrival statement from China today, President Rodrigo Duterte spoke of gaining a “windfall” from his second visit to Beijing. He was there to attend a summit of 28 world leaders on Chinese President Xi Jinping’s Belt and Road Initiative, an ...

by Entrepreneur Staff  | May 16, 2017 02:00:00
News and Events

Get to Know More About Benham Rise (And Why Chinese Ships Are There)

Did you know that it's almost the same size as Luzon, Negros and Panay combined?

Benham Rise has been grabbing news headlines of late after Philippine defense officials reported sightings of Chinese vessels surveying the area, which forms part of the country's exclusive economic zone. It is considered part of the extended continental shelf of the main ...

by Pauline Macaraeg  | March 16, 2017 03:00:00
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