Business

Luis Leoncio Port stakeholders have proposed in a report the adoption of permanent and coordinated solutions to prevent a resurgence of the congestion at the Manila ports largely brought about by the Manila truck ban, which the city government lifted last Sept. 13.

Athens, Greece — Signs that Greece and its European creditors are open to compromise boosted market hopes on Friday that the sides can reach a deal to save the country from bankruptcy. But any agreement will likely take time, with both sides pressing hard for concessions.After a turbulent week, in which investors feared Athens’ demands to rewrite its bailout terms …

Harvard produced the most graduates who were CEOs at their time of their companies’ market debuts in 2014, according to Equilar, an executive compensation data firm.

Jackson, Mississippi — Does Google help criminals by allowing its search engine to lead to pirated music or by having its autocomplete function suggest illegal activities?

Los Angeles — A prolonged labor crisis at West Coast seaports means the critical gateways for international trade have become more like parking lots for massive cargo ships that haul a vast selection of consumer goods from Asia and return there with U.S. exports.

Riza Lozada The government has assured Japanese investors that incentives offered to them for the setting up of local facilities such as tax holidays and reduced taxes and duties will be retained in an effort to encourage more investments.

Top telecommunications firm Globe Telecom will allot $850 million in capital spending (capex) this year which is almost double from 2014 when it posted a record P14.5 billion profit or a 25 percent jump from a year ago driven by solid performance in its mobile, broadband, and fixed line data businesses.

The creation of the ASEAN Economic Community (AEC) likely by the end of the year would create 40 million new jobs but these would be mostly for skilled workers that may result in the shortage of skilled labor in the region, an official of the International Labor Organization (ILO) said.

Tokyo—College-educated and gainfully employed 36-year-old Eriko Sekiguchi should be a sought after friend or date, planning nights on the town and faraway resort vacations. But she works in Japan, a nation where workaholic habits die hard.

Athens—The pressure on Greece’s new government to reach a deal with bailout creditors had ratcheted up as Standard & Poor’s cut its credit rating on Greece further into junk status and warned of the country›s possible exit from the 19-nation eurozone.