Because of the fear of shortfall, the Sugar Regulatory Administration (SRA) has increased allocation of this commodity for local consumption in the 2009-2010 crop year.  The SRA, together with the Philippine Sugar Millers Association Inc. (PSMA) has allocated 1.944 million metric tons  (MT), this is equivalent to 90% of the expected 2.16  million MT raw [...]

In a statement that surprised most people, including his fellow Liberal Party (LP) member, Senator Manuel “Mar” Roxas has sacrificed his presidential dream to give way Senator Benigno “Noynoy” Aquino III, and endorsed him to be the party’s standard bearer in the coming 2010 election.

Would Senator Manuel “Mar” Roxas be willing to make the sacrifice and give way to Senator Benigno “Noynoy” Aquino III should the latter decides to seek the presidency?
Senator Francis Pangilinan said, “I know Mar and his family have given up so much as well in preparation for 2010, and this too will be a huge [...]

Its acquired real estate properties all over the country were put out for sale by the Social Security System (SSS). From the sale of these properties, the state pension fund for private employees earned a total of P125.89 million. The real estate properties were acquired from borrowers who were unable to pay their obligations to [...]

This September, two events considered to be the most highly considered to be the best source of new technology in food processing, packaging and handling machinery and other equipment, will be held organized by Trade Information Marketing and Exhibitions, Inc. (TIME Inc.).
The 2009 AsiaFood Expo (AFEX) and the FoodServe Asia, a yearly event popular for [...]

After sliding down from their previous year’s ranking in the Forbes’ 40 Richest in the Philippines, looks like the Hortaleza’s are on the rebound as they just sealed a deal with a Malaysian firm to distribute Splash Corp.’s products under flagship brands, Maxipeel and SkinWhite.

Cathy Babao is a mother, and an advocate of children’s health. She has lost one of her sons to a congenital heart disease. She helped raised a fund last year to purchase ventilator for Hannah Cordoviz, a child with breathing impairment, Babao do this by running.
This year, her 10-year old son motivated her to organize [...]

The Philippine Travel Mart (PTM) will be held on September 4 to 6 at the SM Megatrade Hall in SM Megamall. PTM is the biggest travel, tourism and trade show in the country and it is spearheaded by the Philippine Tour Operators Association (PHILTOA).
One of the participants, the Southeast Asian Airlines (Seair) will be offering [...]

Presidential Consultant on Entrepreneurship Jose Concepcion III said the only solution to fight poverty is entrepreneurship. “The greatest problem is poverty and the only equalizer is to give these kids education,” he said.
That is why the government, in partnership with the private sector, has initiated a project that would teach millions of out-of-school youth (OSY) [...]

Do you want to embark on a new business? How about making different kind of soaps? Just like food, soaps and detergents are an indispensible part of your grocery list. Why not learn to how make them so you won’t have to pay for them, and have business on the side?

“The Hawaiian Punch” Brian Viloria wasn’t able to put out Jesus “El Azul” Iribe, but he still controlled the bout with his right hook and quick combinations to retain the International Boxing Federation junior-flyweight crown with a unanimous 12-round decision on Saturday at the Blaisdell Center in Honolulu, Hawaii.

The Easycall Communications Philippines, Inc. (ECPI) has been granted the license to install, operate and maintain a nationwide data communication network by the National Telecommunication Commission (NTC). The license however, comes with a condition.

Amidst a widely criticized trips and dinner overseas, President Gloria Macapagal-Arroyo left for Libya early this morning. But this time though, the president has a “lean” delegation composed of only five Cabinet officials.
Travelling with the president in Libya are Press Secretary Cerge M. Remonde, Foreign Affairs Secretary Alberto G. Romulo, Labor Secretary Marianito D. Roque, [...]

After spending the last nine years of his career in senior leadership roles with some of the most well-known companies in the country, which include the position of Managing Director for Ayala Corporation and later the Managing Director for MTV Philippines, Jack Madrid is now the new General Manager of Yahoo! Philippines.

The Ayala Land Inc. (ALI) and the National Housing Authority (NHA) has entered into joint venture agreement that will develop the 29.1-hectare property in North Triangle into the Quezon City Central Business District (CBD).
The joint venture, with an estimated cost of P22 billion, will develop the new CBD in Quezon City similar to the Bonifacio [...]

Six individuals from Burma, China, India, Philippines and Thailand, will receive this year’s Ramon Magsaysay Award. The announcement was made by the Board of Trustees of the Ramon Magsaysay Award Foundation (RMAF).

Expanding further its presence overseas and reaching to more Filipino overseas workers, the largest non-bank Filipino-owned remittance company, iRemit Inc. has entered a joint venture agreement with Greece’s Elite Exchange Remittance Services S.A. to provide remittance services to Filipino workers in the country.

The Iloilo Economic Development Foundation Inc. (ILEDF) will host the “Iloilo-Guimaras Investment Forum” on September 4, 2009 at the Hotel Intercontinental Manila in Makati City. The group will present at the said event, an array of top business leaders to speak on the bright prospects and varied aspects of investments, as well as the innumerable [...]

Here is a very interesting article from CBN.com, it’s an interview with Greg Karp called “How You Can Start Spending Smart.” where he shared some practical tips on how to smart when it come to spending and how to minimize on other expenses with simple but practical tips. Karp is the author of the Living [...]

The Ayala Life Assurance  Inc., the seventh largest life insurance company in the Philippines, joins forces with the Philippine American Life and General Insurance Company (Philamlife), the country’s largest life insurer. That is because Philamlife has acquired a 51-percent stake at Ayala Life through a bancassurance joint venture.