Business & Economy

Coco oil exports up 32%

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Coconut oil (CNO) exports last year surpassed the target as expected, jumping by 32 percent to 1.12 million metric tons in copra terms, according to the United Coconut Associations of the Philippines.

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The world braces for retirement crisis

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A global retirement crisis is bearing down on workers of all ages. It will play out for decades, and its consequences will be far-reaching.

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Cebu Pac acquires Tigerair Philippines

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MANILA -- Cebu Air Inc., the operator of the country’s biggest budget airline Cebu Pacific, has sealed a strategic alliance with Singaporean low-cost carrier Tiger Airways Holdings in a deal it claims would create the biggest network of flights to the region, according to a disclosure submitted to the Philippine Stock Exchange Wednesday.

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Business community sees 2014 better year as reforms bear fruit

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The business community expects 2014 to be a better economically charged year than the calamity and controversy-filled 2013 where reforms emanating from the government and the private sector are going to bear fruit.

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GMA Pinoy TV wins MAM Award for Best Television Journalism

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GMA Pinoy TV’s Pusong Pinoy sa Amerika garnered the Best Television Journalism Award for the TV (Regular) category at the 2013 Migration Advocacy and Media (MAM) Awards.

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Int’l traders see PH as gateway to Asean

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Investors are considering making the Philippines their gateway for their planned investments in the region, in preparation for the formation of the Asean Economic Community by 2015.

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Man of still, steal or steel?

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Question: The US markets started 2014 on a negative note. While doomsayers are not that plentiful, nobody is overly bullish about the prospects of the New Year, not like with the start of 2013. Some, from analysts to fortune tellers, are even raising caution. Do you think the prospects for investing in the Philippines will not be good for 2014?—Posted on PFA’s “ask a friend, ask Efren” service at www.personalfinance.ph

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Marriott is gung-ho about PH’s hospitality industry

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Construction is ongoing for the Marriott Grand Ballroom, which will have a capacity of 5,000 and an additional 228-room luxury tower at the Resorts World complex.

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Toyota invests P500M in PH plant

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Toyota Motor Philippines Co. is set to invest nearly P500 million this year to raise the production output of its facility in Sta. Rosa, Laguna, and further increase the local content of the Vios, which is being produced here.

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Overall, Philippines can compete in ASEAN 2015 integrated market - DTI

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Overall the Philippines can compete under the integrated trading regime of the ASEAN Economic Community by 2015, the Department of Trade and Industry said.

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