Open for Business

Globe myBusiness prepares SMEs: ‘Para Sa Bagong Bukas’

By Caesar Vallejos, OPEN FOR BUSINESS Aptly themed “Para Sa Bagong Bukas”, Globe’s Saludo SME, prepares the Small and Medium Enterprises to embrace the new normal. A double entendre, the theme could mean ‘a new tomorrow’ and ‘open anew.’  Saludo SME was launched in 2019 and in this year’s edition, Globe myBusiness salutes “SMEs who have remained open or planning to get back on their feet” amidst the global pandemic. The COVID-19 pandemic which prompted […]

Multisys develops first contact tracing system in PH, helps government track and respond to COVID-19 cases

Leading software solutions company Multisys Technologies Corporation developed the first COVID-19 contact tracing system in the Philippines through its emergency response website called StaySafe.ph. Site visitors can contribute to the fight against COVID-19 by reporting the health conditions of their respective family members without disclosing sensitive information. This will help the private sector and local government units (LGUs) attend to immediate assistance needed by employees or locals under their jurisdiction—making it easier to track COVID-19 […]

EBC to hold OPEN FOR BUSINESS Digital Public Forum on 4IR and how MSMEs can survive the Coronavirus Crisis

By Caesar Vallejos, OPEN FOR BUSINESS The world is at war. Not with guns and ammunition, but with soap and water, and emerging technologies in the 4th Industrial Revolution (4IR), while nations are still in a rush to develop drugs to counter the coronavirus pandemic. Responding to the Philippine’s Enhanced Community Quarantine (ECQ), Eagle Broadcasting Corporation (EBC) was quick to transform the scheduled Open For Business (OFB) Forum event into a digital public forum to […]

BMW to shut down European factories over virus

FRANKFURT AM MAIN, Germany (AFP) — German carmaker BMW said Wednesday it would close European and South African factories accounting for half its output for a month, matching other car giants stricken by coronavirus containment measures. It also warned that profits this year would be significantly lower as a result of the crisis. “From today, we will shut down our European car factories and the Rosslyn factory in South Africa,” chief executive Oliver Zipse said, […]

Blockchain and cryptocurrency explained in EBC’s first tech forum

By Caesar Vallejos, OPEN FOR BUSINESS Continuing its thrust to provide news and information on technology along with other relevant global topics around the world, Eagle Broadcasting Corporation (EBC) conducted the EBC Forum on Explaining Blockchain and Cryptocurrency last December 11, 2019, at the EBC Studio 1. In his welcome remarks, Atty. Theoben Jerdan C. Orosa said that “as a responsible company with a recognition of social responsibility, it is also the job of a […]

Asia markets plunge on trade fears after US passes HK rights bill

HONG KONG, China (AFP) — Hong Kong led losses as Asian markets tanked on Thursday after US lawmakers passed a bill supporting the city’s civil rights, sparking fears it could derail delicate China-US trade talks. Investors already nervous about the progress of negotiations were sent running for the hills after both houses of Congress overwhelmingly agreed to the bill and sent it to be signed off by Donald Trump. The Hong Kong Human Rights and […]

GM temporarily lays off 6,000 workers in Mexico due to strike

NEW YORK, United States (AFP) — General Motors has laid off 6,000 workers in Mexico temporarily due to a US labor strike, which has disrupted production at two plants south of the border manufacturing pickup trucks, the company said Tuesday. The layoffs affect the Silao assembly and transmission plants in central Mexico, where work has been “disrupted as a result of a parts shortage related to the UAW strike,” a GM spokesman said. The Silao […]

BSP Governor: Price and financial stability will be top priority

By Caesar Vallejos OPEN FOR BUSINESS, Eagle News Service Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said that maintaining price and financial stability will remain the BSP’s top priority.  At the Chamber of Thrift Banks (CTB) Convention held at the Makati Shangri-La last March 29, 2019, Diokno cited the Philippine economy’s recent developments, potential challenges and the BSP’s thrusts. “You can rely on the BSP to remain independent and steadfast in safeguarding our […]

‘Breakthroughs: Tourism’ charts future of travel

By Caesar Vallejos OPEN FOR BUSINESS, Eagle News In spite of the country’s rich natural resources and great customer service, the Philippine tourism industry is faced with roadblocks that include the lack of facilities and infrastructures.  The need to maximize digital technologies will help realize the industry’s full development, spurring the growth of small and medium-sized enterprises in the country. “If we can just develop this particular aspect of our economy, I think this has […]

EODB Co-Chair sets blueprint of genuine tax reform at the Asia CEO Forum

Caesar Vallejos OPEN FOR BUSINESS, Eagle News Service The newly appointed Co-Chair of Ease of Doing Business in Paying Taxes, Mon Abrea, the Founding President of the Center for Strategic Reforms of the Philippines, said that “administrative reform should supplement or support any policy reform.” In his talk at the Asia CEO Forum last February 22, 2019 at the Marriott Hotel, Abrea said, “dito kami madalas nag-co-conflict with DOF, we really have ideas on policy […]

China factory gate inflation dives as trade war rumbles on

BEIJING, China (AFP) — The cost of producing goods in China’s factories slowed sharply in December, a sign demand remains weak as the US trade war drags on, while consumer inflation also flagged, official data showed Thursday. The producer price index (PPI) — an important barometer of the industrial sector that measures the cost of goods at the factory gate — rose 0.9 percent on-year in December, compared with a 2.7 percent rise the previous […]

Apple rival paves way for ban on some iPhones in Germany

BERLIN, Germany (AFP) — US chipmaker Qualcomm said Thursday it had fulfilled the requirements set out by a court in a patent dispute case against Apple to ban the sale of older iPhone models in Germany. The court in the German city of Munich had ruled in favor of Qualcomm last month but said an injunction banning sales of affected iPhones could only be imposed immediately if the company put down a security deposit. “(Qualcomm) […]