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News and Events

(Infographic) 72 Years After End of US Rule, is PH Economy Still Dependent on America?

Check out the graph showing long-term trends in US-Philippine trade, debt and investment flows

It could be an indication of America’s long-term economic decline, or of the Philippines' growing economic strength. Or the rise of a multipolar world that is no longer dominated by just one superpower.Whatever the reason, there is no avoiding the conclusion that ...

by Pauline Macaraeg  | July 04, 2018 10:00:00
News and Events

PH Economy Grows 6.9% in 3Q, Surpassing China But Outpaced by Vietnam

GDP picks up from the previous quarter on the back of stronger industrial and service activities

Surpassing expectations, the Philippine economy grew by 6.9 percent in the third quarter from year-ago levels, up from the 6.7-percent growth rate it recorded in the preceding quarter, the Philippine Statistics Authority (PSA) reported.However, the third-quarter GDP growth rate was lower compared ...

by Elyssa Christine Lopez  | November 16, 2017 05:00:00
Franchising

Franchise Talk: 5 Things that Make Franchising More Fun in the Philippines

The Philippines continues to be the franchise hub of Asia

With a population of over 101 million, a young, English speaking population and a central geographic location that is just a three-hour plane ride to major ASEAN capitals, the Philippines has become the franchise hub of Asia. Five things set the Philippines ...

by Sam Christopher Lim  | August 27, 2017 10:00:00
News and Events

PH Banks on Infra Projects, Exports to Boost GDP Growth Later This Year

Despite slowdown, government planners still see the economy expanding by 6.5-7.5% this year

The Philippines’ socioeconomic planning secretary, Ernesto Pernia, remains optimistic that the economy can grow by 6.5-7.5 percent this year despite the slowdown in the first three months of 2017.The country's gross domestic product (GDP) growth slowed to 6.4 percent in the first ...

by Elyssa Christine Lopez  | May 18, 2017 04:00:00
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
News and Events

Senate Approves Bill Doubling Paid Maternity Leave to 120 Days

Working single moms get up to 150 days while paternity leave extended to 30 days

Employed women in both public and private sectors may soon be granted paid maternity leave of up to 120 days, after the Senate approved on third and final reading the “Expanded Maternity Leave Law of 2017,” on Monday, March 6.Two days before ...

by Elyssa Christine Lopez  | March 07, 2017 11:00:00
Run & Grow

How PH's No.1 Flower Seller Maintains Market Leadership

Holland Tulips even maintains some loss-making branches for market presence

Holland Tulips has 16 branches in Manila and Cebu but goes up to 20 during the peak Valentine's seasonLike a garden gone wild, the flower retailing business in the Philippines is suddenly teeming with about a dozen rival players compared to just ...

by Elyssa Christine Lopez  | February 22, 2017 11:00:00
Run & Grow

Valentine's Day is Christmas for PH's Biggest Flower Retailer

Holland Tulips makes 60% of its annual sales in the week before February 14

Founded in 1996, Holland Tulips carries over 30 varieties of flowers imported from the Netherlands and Australia. Alvin Justiniani, general manager at Holland Tulips, has a strong feeling this is going to be a good Valentine’s season for the Philippines' biggest flower retailer. ...

by Elyssa Christine Lopez  | February 13, 2017 01:00:00
News and Events

How Much is the Typical Filipino's Net Worth?

It's quadrupled since 2000, but disparity with regional and world averages remains large

On average, a Filipino adult has a net worth of $9,878 in 2016, according to Credit Suisse’s Global Wealth Databook 2016. That is 3.6 times the level at the start of the millennium when a Filipino adult owned only $2,768 on average.While ...

by Lorenzo Kyle Subido  | January 09, 2017 11:00:00
News and Events

PH Drops to 89th from 84th in Forbes’ List of Best Countries for Business

More trade freedom and the prospect of lower tax burden failed to offset the country's lower scores in market performance, monetary freedom and corruption.

The Philippines ranked 89th out of 139 nations in Forbes magazine’s latest list of Best Countries for Business, a drop from last year’s ranking of 84. This marks the second year in a row where the Philippines took a dip in rankings.Of ...

by Entrepreneur Staff  | December 22, 2016 10:00:00
News and Events

Get to know Rodrigo Duterte and Leni Robredo (Infographic)

The new President and Vice President of the Philippines have had a stellar track record in government.

While the Philippines’ new President and Vice President-elect each acquired the most votes, and will be sworn in Thursday, June 30, some still are left in the dark on what they have accomplished in government and what they promised to get done in ...

by Entrepreneur Staff  | June 30, 2016 10:00:00
News and Events

PH presidentiables now have their official Twitter emojis

'We hope these emojis will help facilitate the spirit of nationalism and participation among the Filipino electorate,' a Twitter exec says.

COMELEC (Comission on Elections) and Twitter launched on March 4 the official emojis of the country’s presidential candidates to encourage fun and educated discussion for the upcoming elections in the social media platform.“We hope these emojis will help facilitate the spirit of ...

by Entrepreneur Staff  | March 07, 2016 02:00:00
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