World Business Inquiries
Questioning business opportunities in a world that is currently in sharp decline due to the outbreak of the COVID-19 virus. The answer from entrepreneurs and business people is very simple. They answered, all will be beautiful in its time
The country’s largest broadcast networks ABS-CBN Corp. and GMA Network Inc. have been locked in a television ratings war for years—a business rivalry that at times would be dragged into the courtroom.
Over the past decade, ABS-CBN became known as the country’s largest network due to its vast reach while GMA was the leader in urban areas, especially in Luzon.
President Duterte’s allies in the House of Representatives voted on Friday to kill ABS-CBN’s application for a franchise renewal—at the risk of decimating 11,000 jobs at the network and depriving millions of viewers around the country their preferred news and entertainment programs as presented by ABS-CBN.
In doing so, they followed through with the President’s earlier threats even as they upended the prevailing media landscape: GMA is now the only dominant network while a path has been cleared for a potential new player seeking ABS-CBN’s valuable radio frequencies.
Malagos chocolates DAVAO CITY—Four farm workers in green shirts, masks and face shields stepped out of the farmhouse, carrying small crates, which they filled with freshly picked red tomatoes from a garden. Soon, baskets of other vegetables arrived. The crops were...
The country’s economic planners are pushing reforms in the e-commerce sector amid the boom in digital services but the government warned that increased transactions on the internet may also result in an increase in cybercrimes. But first, the Philippines has to catch...