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Daily Archives: October 1, 2017

Philippines has to do more to be competitive—MBC

By Riza Lozada The recently released Global Competitiveness Report 2017- 2018 of the World Economic Forum (WEF) indicated that the country has to do more to keep pace with its quickly progressing neighbors, the Makati Business Club (MBC) said.

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Marawi City siege dampens BPO boom

The Business Process Outsourcing (BPO) industry said enabling conditions in the country make it a competitive destination for outsourcing services but the prolonged conflict in Marawi City between state forces and Filipino militants supporting the Islamic State (IS) is causing concerns.

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No overheating despite strong growth, says ADB

The economy is expected to cruise to its high-growth path of over six percent a year without signs of overheating, the Asian Development Bank (ADB) said in the recent release of its Asian Development Outlook 2017 Update.

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Japan to fast-track financing of infra

By Luis Leoncio Top Philippine and Japanese officials have agreed to streamline their respective approval processes and introduce new measures to put in the fast lane the implementation of big-ticket infrastructure contracts for possible Japan financing under the so-called “Fast and Sure” principle.

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Senate sees budget okay by early December

The Senate will tackle the proposed P3.767 budget for this week after receiving last September 27 from the House of Representatives House Bill 6215 or the 2018 General Appropriations Bill (GAB).

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Etihad names new CEO

Tony Douglas is the new Group Chief Executive Officer of Etihad Aviation Group effective January 2018, according to the company’s chairman His Excellency Mohamed Mubarak Fadhel Al Mazrouei.

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PAL willing to compromise government debt

Philippine Airlines said Thursday it is open to a compromise agreement to settle unpaid navigational fees to the government.

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Cebu airport operator expects more airlines

Megawide Construction Corporation projects the number of airlines operating at the Mactan-Cebu International Airport (MCIA) to double in three years, in time for the completion of the construction of the airport’s second terminal in June 2018.

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Reshaping the Passenger Experience

28 September 2017 (Geneva) – The International Air Transport Association (IATA) announced that the 2017 World Passenger Symposium (WPS) will focus on how technology, data, customization and digital transformation will reshape the customer experience of tomorrow.

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Market Monitor backs Eggciting family fun run

With the success of the first Eggciting Adventure Family Run last year comes another exciting run for the Filipino families in line with the commemoration of the World Egg Day.

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