Utility company PG&E to file for bankruptcy
Does not expect customers to experience impact in services CITING potential liabilities from California’s recent wildfires that took place in the last two years, Pacific Gas and Electric (PG&E) said on…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Filipino American Chamber of Commerce of Greater Los Angeles holds gala and induction of board officers
THE Filipino American Chamber of Commerce of Greater Los Angeles on January 5, 2019 welcomed new Board Members Fiona Hilario and Atty. Jay Tiuleco, and Vice President for Marketing…
New CTA International Ranking Lists 16 Countries Leading in Innovation Friendliness
Las Vegas, NV – January 8, 2019 -During the Consumer Technology Association (CTA) State of the Industry Address at CES® 2019, CTA announced 16 out of 61 countries are leading…
CCYP, Asian Journal partner for the 2019 Asian American Expo
LUNAR New Year is upon us, so the Asian Journal is proud to announce that it is partnering up with CCYP Media Network for the exciting 2019 Asian American Expo…
Jollibee takes full control of Smashburger
U.S.-based burger chain Smashburger has been fully acquired by Jollibee Foods Corp. following the purchase of its remaining stake in the Filipino-owned fast-food chain for $10 million (P526 million). Jollibee…
Own a Piece of Japan: Elevate Your Lifestyle at The Seasons Residences
Federal Land partners with Nomura Real Estate Development and Isetan Mitsukoshi Holdings Ltd. to build The Seasons Residences and first Mitsukoshi Mall in the country Japan is known to be a…
House passes P3.75 trillion 2019 budget bill
THE proposed General Appropriations Act or the P3.757-trillion budget for 2019 has been passed on its third and final reading by the House of Representatives. The P3.757 trillion budget is…
Business Innovation Congress Manila 2018 calls to take advantage of technology to meet evolving consumer needs
Pasay City, November 25, 2018—Following its success in China, Kazakhstan, Russia, and Thailand, the Business Innovation Congress opened its first congress in the Philippines at Conrad Manila with the theme:…
Palace: Details of PH and China deals to be released
Amid critics calling for transparency, Malacañang has promised it will issue the details concerning the deals signed during Chinese President Xi Jinping’s official two-day visit to the Philippines earlier this…
50 more establishments in violation of easement policy in El Nido
The municipal government of El Nido on Thursday, November 15, announced that a total of 50 more tourism establishments are now facing closure for violating the three-meter coastal easement policy…
The Lei Company: Community building and cultural preservation through entrepreneurship
A LEI or a flower garland is more than something you wear around your neck, as it is a message of welcome, congratulations, love, sympathy and many more. Used…
Employers push for P20 wage hike instead of P344
THE Employers Confederation of the Philippines (ECOP) on Wednesday, October 24, found a total of P20 increase in daily minimum wage to be the “acceptable” amount for workers to recover…
PAL wins another 4-Star international award
APEX confers 4-Star honors for PAL’s inflight service, seats & cabin products PHILIPPINE Airlines has won another international award, garnering a FOUR STAR Major Regional Airline 2019 rating certified by…
PH ranks 56th on global competitiveness report
The Philippines placed 56th globally among 140 countries in the latest Global Competitiveness Report 2018-2019 of the World Economic Forum. It also showed the Philippines as the fifth most competitive…
Businesses still ‘confused’ over Boracay re-opening plans
The government’s guidelines for popular tourist spot Boracay Island still have many Boracay businesses confused. Elena Brugger, president of the Philippine Chamber of Commerce and Industry – Boracay, said in…
PH Participates in Global Trade Conf., Expo in Houston
HOUSTON 16 October 2018 – The Philippines as a premiere investment destination was highlighted at the the 2018 Houston Global Trade Conference & Expo, where Philippine Consul General in Houston…
PH sees decade of 7 percent growth from $180-billion infrastructure drive
SECRETARY of Budget and Management (DBM) Benjamin Diokno on Wednesday, October 10, said the Philippines expects economic growth to recover to 7-8 percent target next year as it pushes ahead…
New research measures how much countries could boost economic productivity by investing in people
A new World Bank research released today provides policymakers a compelling evidence that delivering better outcomes in children’s health and learning can significantly boost the incomes of people — and…
19th Asian Small Business Expo promises to cultivate new generation of entrepreneurs
Starting your own business is always going to have risks. Maybe you’re making a career shift and decided to pursue your passion. Or maybe you want to upgrade your current…
PH Agriculture Sec. Piñol visits Washington, highlights PH agri cooperation with US
WASHINGTON, D.C. – After attending the High-Level Meeting on the Implementation of the United Nations Decade of Family Farming (2019-2028) in New York held at the margins of the 73rd Session…
Garcetti talks tech innovation, talents in LA at Makers Summit
Innovation in the 21st century could be summed up into one word: startup. The ubiquity of the Internet, social media and smartphones into our daily lives has established the new…
Price surges major concern among Filipinos, says poll
MAJORITY of Filipinos want the current administration to immediately address rising prices of basic goods and services. The figures from the September 2018 Ulat ng Bayan revealed that 63 percent…
32 years of serving Filipino kababayans with safe and reliable door-to-door service since 1986
Customer’s satisfaction has always been the company’s top priority MON Cargo Services, Inc. the pioneer in door-to-door delivery services to the Philippines in the Bay Area celebrates its 32nd year…
PH Consulate General in Honolulu Inaugurates Chancery Construction, Renovation Project
HONOLULU 26 September 2018 – To ensure fast and efficient service to the public, the Philippine Consulate General in Honolulu will construct a new consular annex building and renovate its…
Fil-Am nurse sentenced for $1-M Ponzi scheme
A Filipina-American nurse from Dallas, Texas was sentenced last week for orchestrating a Ponzi scheme that cost victims — many of whom were also Filipino nurses — over $1 million….
Duterte blames Trump for inflation as locals and leaders point back to TRAIN law
During his speech in front of the Filipino community in Jordan last Friday, September 7, President Rodrigo Duterte blamed U.S. President Donald Trump as the cause of the current inflation…
California to run on 100% clean electricity by 2045
Gov. Brown signs new bill that aims to combat damaging effects of climate change Governor Jerry Brown signed two measures on Monday, Sept. 10 aiming to convert California to 100…
Villar rises to second richest in PH, next to Henry Sy
Real estate tycoon and former politician Manuel “Manny” Villar is now the Philippines’ second richest man after his wealth tripled due to the boom in the construction business that benefited…
Duterte to create department to improve doing businesses in PH
Philippine President Rodrigo Duterte on Thursday, September 6 announce the creation of a department that would ease up the business process in the country for foreign investors. In his speech…
Companies cease sales of e-liquids with labeling or advertising that resembled kid-friendly foods following FDA, FTC warnings
Warning letters for products that looked like juice boxes, cookies and candy part of efforts to protect youth from dangers of nicotine and tobacco product The U.S. Food and Drug Administration…