The Manila Water Inc. has entered into a joint venture agreement with the provincial government of Laguna to form the Laguna Water Co. Inc. which will develop and operate the water supply system in 3 areas of Laguna province.

The Oplan Kandado program of the Bureau of Internal Revenue (BIR) continues on its quest to keep business following on the agency’s directives. Recently, BIR padlocked another establishment, a popular coffee shop at that, in upscale Taguig City.
The latest establishment to be hit by the BIR’s campaign is the Coffee Bean Tea Leaf (CBTL) located [...]

The Department of Energy (DOE) recently awarded 11 coal-operating contracts to seven coal-mining companies to explore possible coal reserves in 11 prospect areas. DOE Secretary Angelo Reyes said that the 11 coal-operation contracts are expected to bring in new investments amounting to around $580 million in the next two years. But more than the additional [...]

The Subic Bay Metropolitan Authority (SBMA) seems to be getting a new leash to sustain its economic growth. Recently, the free port was able to get 17 new investment projects worth more than $57.74 million signed.

The Philippine Postal Corporation (Philpost) launched last September 8 limited-edition Cory Aquino stamps. And in record-breaking time, Philpost was able to sell over 70,000 of the said stamps. Because of this, the postal company is launching another set of limited-edition Cory Aquino stamps after the first edition stamps were sold out.

Think Big. Think Global. An entrepreneur may start small, but it doesn’t mean that he should not aim to go global some day. The help achieve that mindset, he needs to know and understand Global Branding for Entrepreneurs to be able to ready on getting a slice of that global pie someday.

Success! That’s how the SM Investments Corp describe its sale of five-year dollar bonds worth $500 million. The Sy-led holding firm benefited from investors’ who shifted to the less risky asset.  SMIC sale is said to be the largest dollar bond offering since 1997, while its fixed rate of 6% per annum is the lowest [...]

A Korean company invested an initial P100 million in the Philippines to set up its local subsidiary here, an online education company. Avalon English+ is one of the largest educational companies in South Korea, it recently sets up the Ubiquitous English Network of Avalon International Inc. (U-ENAI), an online education company teaching English with the [...]

Food and beverage giant San Miguel Corp. expressed interest to acquire a stake in the Subic-Clark-Tarlac Expressway (SCTex) last July. But they are not the only ones interested in the said project, because the Metro Pacific Tollways Corp. recently also expressed interest to take over the SCTex.

Eyes will on the Bayani Fernando, now that the ruling party Lakas-Kampi-CMD has announced its choice to be the party’s standard bearer for the 2010 presidential election, and they choose Defense Secretary Gilbert Teodoro over the Metro Manila Development Authority (MMDA). When asked for reactions, Bayani said that he is keeping his “options open” and [...]

The Philippines still looks as a good country to invest in, and proof of these is that three big Chinese companies who are engaged in shipping and ship repair, beverage and real estate developments, are seriously considering going the country for their next investment destination.

The Senate Bills (SBs) 3190 and 3191 are measures that were meant to restructure the excise tax on alcohol products and tobacco respectively. The senate is inclined to approve these two bills on the so-called “sin” products, in the hope of raising for the government more revenues.

As the 2010 elections draw nearer, the business community is becoming wary because of some bills that are still pending both on the Senate and the House of Representatives.
Believing that lawmakers attention would be shifted once the campaign season starts, sixteen local and foreign business groups wrote a letter to House Speaker Prospero C. Nograles [...]

In the most recent report released by the Commission on Information and Communications and Technology (CICT) and the Department of Trade and Industry (DTI), Bacolod City ranked first in the area of “business environment and risk management” or BERM.

One sound investment that entrepreneurs might want to look into these days is joining the San Miguel Food Inc.’s (SMFI) roster of Poultry Contract Breeders and Growers. Being in the company of an elite team delivering the Magnolia Fresh Chicken to Filipinos is definitely a good option.
Take Ofel Dator’s word for it. Dator, owner of [...]

An estimated total of $1 billion worth of renewable energy (RE) contracts from seven companies, with a combined capacity of 379 megawatts (MW), have been approved by the Department of Energy (DEO). Energy Secretary Angelo Reyes said that the seven RE companies who been issued service contracts and certificates of registration are mostly engaged in [...]

Slowly turning out to be the ‘underdog’ as far as his party’s endorsement is concerned and his poor ratings in the survey, Metro Manila Development Authority (MMDA) chairman, and presidential aspirant, Bayani Fernando said he is still hopeful he would be named as the administration standard bearer. This, in spite of the widening support being [...]

The Southeast Asian Airlines (SEAIR), the only airline flying to Boracay direct via Caticlan at present, is reopening its routes for Caticlan – Cebu and vice versa. Flights are scheduled every Friday, Sunday and Wednesday.

The Bangko Sentral ng Pilipinas (BSP) gave the approval for the Philippine Savings Bank (PSBank) – Sumitomo Corp. joint venture. The venture would see PSBank investing up to P800 million in motorcycles lending and leasing with Japanese trading giant Sumitomo Corp.

A Filipino independent film gained international recognition in the recently concluded 66th Venice Film Festival. Pepe Diokno, 22 is the director of the Indie film called “Engkwentro” (Clash) which was named Best Debut Film in the Orizzonti (New Horizons) competition.
Aside from the said award, the film also won the Luigi de Laurentiis Award for a [...]