Business

Philippines: World Bank appoints new country director

MANILA, Philippines — The World Bank announces the appointment of Ms. Mara K. Warwick as its new country director in the Philippines, effective March 1, 2016. Trained as an environmental engineer, Warwick has expertise in flood management, urban development, urban environmental services, and disaster risk management. She joined the World Bank in 2003. Warwick, an Australian national and the first female country director for the Philippines, replaces Motoo Konishi, who retired recently after 35 years […]

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Domestic liquidity rises to 11 5 percent

MANILA, Philippines – According to the Bangko Sentral ng Pilipinas, the amount of money in circulation in the Philippines or domestic liquidity increased by 11.5% compared to last year. The BSP added that said increase was due to the higher demand for credit. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos) https://youtu.be/VhpW1UjeGPs

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Mobile World Congress 2016 ends with record-breaking attendance

  BARCELONA, Spain (Eagle News) — Mobile is everything and indeed, everything mobile was at the record-breaking Mobile World Congress 2016 (MWC16) where Eagle Broadcasting Corporation (EBC) sent delegates for the very first time in Barcelona, Spain held last February 22-25, 2016. EBC Business Development Manager Robert Capistrano and Correspondent Caesar Vallejos joined a record-breaking 101,000 attendees from 204 countries and territories around the world.   Products and solutions that change the way the world […]

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BIR will tax surplus campaign contribution

MANILA, Philippines – The Bureau of Internal Revenue will tax the surplus campaign contributions received by politicians. According to BIR Commissioner Kim Henares, candidates receive millions of donations to their campaign funds and that they can only spend a limited portion of said amount. As such, unused donations will be considered as extra income of the candidates. Henares added that it is better for candidates to return the surplus contributions. (Eagle News Service Described by […]

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Businessbytes: Lessons learned from Mark Zuckerberg

  by Robert Capistrano BARCELONA, Spain (Eagle News) —  At the Mobile World Congress 2016 here in Barcelona, Spain, many hugely anticipated events like the latest product launches, company exhibits and keynote speeches from industry movers and shakers awaited its over 100,000 global attendees. But it was Mark Zuckerberg, Facebook Founder and CEO who was truly the rock star of the four-day event, as he clearly stole the show. Even local media and paparazzi hounded […]

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“Content may still be king but distribution is the queen,” says media research expert at MWC 2016

  By Caesar Vallejos Eagle News Service online correspondent BARCELONA, Spain (Eagle News) — Content may still be king but distribution is the queen and she wears the trousers. Quoting Buzzfeed’s founder Jonah Peretti, the CEO of MIDiA Research Mark Mulligan aptly described the dynamics in the changing landscape for mobile media entertainment that includes the latest trends, forecasts and analysis for the sector. In his presentation “Content Strategy in the Age of the Distributed […]

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Business Bytes: Must-have cool gadgets at the Mobile World Congress 2016

By Robert Capistrano BARCELONA, Spain (Eagle News) — “Mobile is Everything” and the Mobile World Congress 2016 has everything you could ever imagine you would want on full display. Here are three of the coolest gadgets I found at the largest gathering of mobile phone companies from all over the world: Samsung Galaxy S7 Samsung continues to up its efforts to over take the mobile world with the latest weapon ofit’s arsenal, the Galaxy S7 […]

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OPEC may implement production freeze in March

VENEZUELA, South America – The Organization of Petroleum Exporting Countries or OPEC will conduct a meeting to discuss the possibility of an oil production freeze in mid-March to address the continued lowering of oil prices in the world market. Said oil price reduction is due to over-production and the weakening economy of the primary oil consumers. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos) https://youtu.be/J1tlnH528ig

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Business Bytes: The Mobile World Congress 2016 —  Mobile is Everything

    By Robert Capistrano BARCELONA, Spain (Eagle News)– The newly revealed battle cry of the mobile industry, ‘Mobile is Everything’ has been splattered everywhere at the Mobile World Congress with its official start onFebruary 22, 2016.   The Mobile industry operators, developers and internet companies present at the biggest, showiest annual event of the mobile world prove just that to the estimated 100,000 visitors.     On Day 1, as expected, the mobiles fought […]

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Crude prices down as doubts over production freeze linger

SINGAPORE, Singapore (AFP) — Oil prices dipped in Asia Tuesday after mounting a strong rally the day before as traders remain doubtful that talks on an output freeze among key crude producers will lead to agreement. US crude rose back above $30 a barrel and European benchmark Brent climbed well over $34 on Monday on hopes that the discussions would lead to concrete action to stabilise the battered market. But at around 0600 GMT on Tuesday, US […]

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Asian share rally runs out of steam as oil falls again

HONG KONG, China (AFP) — Asia’s share rally stalled Tuesday, as a boost from Wall Street was overshadowed by renewed weakness in the price of oil. Japanese stocks were broadly flat while Shanghai and Hong Kong were down in early trade, the day after Chinese markets surged on the announcement of a new securities regulatory chief. Mace Blicksilver, the US-based director of Marblehead Asset Management, said he was “cautious” about the prospect for further gains. “I […]

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Oil prices recover in Asia

  Singapore (AFP)—Oil prices recovered in Asia on Monday after a steep fall in the previous session, with US crude back above $30 a barrel as traders mulled the impact of a potential freeze by key producers. Oil spiked sharply last week after major exporters held talks on a potential agreement to reduce a global supply glut that has dragged prices to their lowest levels in nearly 13 years this month. Saudi Arabia and Russia, […]

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