BIR Extends E-Filing of Income Tax Returns As Complaints Mount

MANILA, PHILIPPINES - The Bureau of Internal Revenue (BIR) of the Philippines has extended the electronic filing of income tax returns until June 15...

Suzuki to Build Second Plant, Hire 300 Staff in Myanmar

TOKYO - Japanese carmaker Suzuki is building a new plant in Myanmar with plans to hire around 300 new people as it seeks to...

EU Decision Saves Philippine Fishing Industry – President Aquino

MANILA, PHILIPPINES - Philippine President Benigno Aquino III welcomed the European Union's decision to lift its yellow-card warning on the Philippines, moving the country out...

Philippine Exports Drop in February, NEDA Says

MANILA— Philippine merchandise exports recorded a 3.1-percent decline in February 2015 on account of lower sales in agro-based products, manufactures, and petroleum products, according...

World Bank Cites Philippine Banking System

MANILA, PHILIPPINES - The World Bank (WB) cited the financial consumer regulatory environment in the domestic banking system in its “Republic of the Philippines:...

Philippine Inflation Slows Down to 2.4% in March

MANILA, PHILIPPINES - Headline inflation in the Philippines eased slightly to 2.4 percent year-on-year in March from 2.5 percent in February, the country's central...

Philippines To Explore Untapped Halal Market

MANILA, PHILIPPINES - The Department of Trade and Industry (DTI) pushed for the capability of Halal market be explored in the Philippines through its...

Asia Business Brief – Japan’s Richest Man Named, Toyota Building Car Plant in China,...

Here are the top business stories around Asia for April 3, 2015 Japan's Richest Man is Tadashi Yanai The latest list released by Forbes showed that...

Philippine Foreign-Exchange Reserves Hit 3-Month Low in March

MANILA, PHILIPPINES - Foreign exchange reserves in the Philippines fell to USD80.4 billion as of the end of March from USD80.8 billion in February,...

Japan’s Factory Production Falls in February

Japan's industrial production contracted to a worse-than-expected 3.4% in February, the first fall in three months, according to official data released on Monday. The...

Website Allows Singaporeans To Compare Insurance Products

The Monetary Authority of Singapore (MAS) announced that a new web portal called compareFirst will be launched on 7 April, allowing Singaporeans to compare...

Philippine FDI Falls 71 Percent in January, Central Bank Says

MANILA, PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP), the country's central bank, said foreign direct investment (FDI) in the Philippines dropped by 71...

Macquarie Reportedly Cutting Banking Jobs in Asia

Australia's No. 1 investment bank, Macquarie Group Ltd, reportedly announced plans to cut about 50 percent of its total investment banking jobs in Asia,...

Metrobank Concludes USD720-Million Stock Rights Offering at Philippine Stock Exchange

MANILA, PHILIPPINES - Metropolitan Bank and Trust Company (Metrobank), the second largest bank in the Philippines, held a bell ringing ceremony at the Philippine...

Insurance Industry in Malaysia Forecast To Grow Between 5% and 10% this Year

Malaysia’s insurance industry is set for a another fruitful year as the Life Insurance Association of Malaysia (LIAM) has predicted that the country's life...

Philippine Taxpayers Swarm BIR Offices on Last Day of Tax Filing

MANILA, PHILIPPINES - Thousands of taxpayers in the Philippines trooped to the different offices of the Bureau of Internal Revenue (BIR) to beat the...

Philippine Stock Market Registers New All-Time High

MANILA - The Philippine Stock Exchange index (PSEi) broke past the 8,100 level and registered a new all-time high on Tuesday as inflation eased...

Daily Summaries: Japan’s Business Sentiment Dips, China Deposit Insurance In May, Asia-Pacific Hedge Funds...

Japan's business sentiment dips in first quarter, while China's deposit insurance is set to be launched in May. The Philippines also gets a growth...

Teleperformance Bags 2015 Technology Innovation Leadership Award

Global consulting firm Frost & Sullivan has awarded business process outsourcing (BPO) firm Teleperformance with the 2015 Technology Innovation Leadership award, recognizing its industry-leading...

UBS Mega Art Project sets GUINNESS WORLD RECORDS title in Hong Kong

- UBS teams up with over 500 children to create the world's Largest coloring book titled "Coloring the Future of Hong Kong" - Concurrently, the...