News on Business in the Philippines

The economy of the Philippines is expected to grow by 6.7% this year, making it the best-performing economy in Southeast Asia.

The truth about Ramar Foods’ Magnolia Ice Cream in the USA. Watch the video below from the real Magnolia Ice Cream of the Philippines.

Note that Ramar Foods is NOT the Magnolia ice cream you knew growing up in the Philippines. Always check the label.

Boycott Ramar’s Orientex Lumpia!! Boycott Ramar’s Magnolia Imitation!!

The following news stories are from an automatically generated feed. They are not manually created.

Real Estate business in the Philippines: Has it reached its full potential?
When you’re asked to name a few real estate company, you can probably name a few but these are the “big fish” as they say. But as a humble one trying to swim in this small pond, can you really go full blast and still expect good results in return?
Posted: September 18, 2017, 2:44 pm
In the Philippines, infrastructure program could grant businesses 'manna from heaven'
Infrastructure in the Philippines is lagging consumer demand ... In fact, attaching to those areas comprises a key strategy of the business, he said. "In the real estate market, we have a big retail portfolio and a lot of front-end retail shops.
Posted: September 15, 2017, 8:34 pm
How to find the best Virtual Assistants in the Philippines
This is the reason why Pinoy For Hire is the place to go when you are looking to hire virtual assistants in the Philippines. You will find that ... A professional virtual assistant business is there to provide those services with impeccable attention ...
Posted: September 15, 2017, 1:06 pm
Top 5 Gas Station Franchises in the Philippines _ IFranchise
The quality of the product can be rest assured because of them being one of the most reputable oil company. Though the franchise and investment is immensely expensive, the payoff is big compared to other forms of business franchises.
Posted: September 14, 2017, 1:00 am
Prudential Honoured With "Friend Of ASEAN" Award By ASEAN Business Advisory Council In Recognition Of Its Contribution To The Region
Hosted by the ASEAN Business Advisory Council ("ASEAN BAC"), the ceremony took place at Solaire Resort and Casino, Paranaque City in the Philippines. Established in 2003, ASEAN BAC is the official organisation that provides private sector feedback and ...
Posted: September 6, 2017, 11:25 pm
Foreign Exchange Executives in the Philippines View U.S. Rate Adjustment to be Key Issue Affecting the Peso
The event was sponsored by Bloomberg’s FX Electronic Trading business. Bloomberg’s poll showed that the vast majority of respondents (66.2 percent) expect FX trading deregulation in the Philippines to bring more opportunities to businesses, compared to ...
Posted: September 6, 2017, 6:47 pm
In the Philippines, is ISIS here to stay?
Move away from Manila’s central business district — with its wide ... After all, the Muslim population in the Philippines, often referred to as the Moro, have for decades waged a separatist insurgency aimed at self-rule. From the Moro National ...
Posted: September 6, 2017, 12:00 pm
Right Cars Vehicle Rental Joins the Car Rental Industry in the Philippines
"We are thrilled to be joining the prestigious name of Right Cars, which we selected as the brand that will allow us to expand our business in the Philippines, after researching many alternative car rental brands. Right Cars has the whole package ...
Posted: September 6, 2017, 5:56 am

San Miguel scores a victory over the Northern California company that stole the Magnolia brand for ice cream.

China commercial complex imports $500-M worth of Filipino snacks

Represented Philippine Companies: Aisha-Fil Food, Inc., Mapagmahal Foods, Green Leaves Company, Gustazo-Alimentos Corp., Andy Albao Corp., Kwality Philfood, Inc., Grand Alphatech International Corp., Fenor Foods, RPM Pili Nuts, Philippine Moringa and More Corp., Magic Melt Foods, Inc., Monde Nissin, Nyogi Pure Coconut Water Philippines, Big “E” Food Corp

San Miguel is the largest company in the Philippines on the basis of sales it generates. It is on a sound financial footing. Its expansion into new areas has been going well. Its political strategy should help the company to continue its growth in profitability over the next few years. This gives the stock price further upside.

Under unrelenting pressure from President Rodrigo Duterte, the family that owns the Philippines’ top broadsheet is selling its stake to the chief executive of the country’s fourth-largest conglomerate, San Miguel Corporation, in a deal worth at least $95 million.

In a statement yesterday, Mrs Marixi Rufino-Prieto said the decision to sell her family’s 85 per cent stake in the Philippine Daily Inquirer to Mr Ramon Ang “is a strategic business decision” to “maximise growth opportunities”.

A source privy to the transaction said Mr Ang will be acquiring the Inquirer as “a personal investment.” Mr. Ang said in a separate statement that he is “looking forward to being part of this venerable institution”.

Neither side disclosed how much the deal will be worth, but it should top the 3.5 billion pesos (70 million USD) that businessman Manuel Pangilinan had paid for The Philippine Star, the No. 3 newspaper, in 2013.

The Inquirer, which claims a circulation of about 1.4 million, was founded in 1985, at the peak of the anti-Marcos movement. Its owners at the time backed Mrs Corazon Aquino, widow of assassinated opposition leader Benigno Aquino, in her bid to unseat strongman Ferdinand Marcos in 1986. Her son, Mr Benigno Aquino III, was himself president from 2010 to 2016.

The newspaper has been critical of some governments, producing exclusive stories that, among others, forced then President Joseph Estrada to step down over a massive corruption scandal in 2001.

With a 35-percent compounded annual growth rate (CAGR) in the past five years, BPI-Philam Life Assurance Corp. (BPI-Philam) has remained ambitious in duplicating, if not surpassing its 2015 premium income uptake.

In a press briefing yesterday, Philippine American Life and General Insurance Co. (Philam Life) officer-in-charge and BPI Philam chief executive officer Ariel G. Cantos said 2015 was in fact its fastest growth rate of 44 percent.

SeaKing is a Philippine brand of frozen fish products.

The Executive DBA Council (EDBAC) is a global volunteer organization that focuses on executive doctoral programs and their issues.

* Note that Ramar Foods is the same company as Orientex Foods International (Orientex Lumpia). Please continue to boycott the products of this company.