The last days of November this year was supposed to give the Filipino employees a five-day weekend with November 27 and 28 declared as national holidays based on the Proclamation 1808 issued earlier this year. The said national holidays was supposed to be in celebration of the Muslim feast of Eid’l Adha.

Because typhoon Santi has caused power interruption in some parts of Metro Manila and Southern Luzon, the Commission on Elections (Comelec) is making some leeway on its strict adherence to a ‘no extension’ of voters’ registration.
The Comelec yesterday said it will allow registrants in its offices who were affected by the power outage brought by [...]

The Philippine Long Distance Telephone Co. (PLDT) has just acquired a majority stake in the ABC Development Corp. (ABC-5), owner and operator of broadcasting company ABC TV5. The PLDT through its media arm Mediaquest acquired 75% controlling interest in ABC-5.
Ray Espinosa, PLDT Beneficial Trust Fund vice-chairman and Mediaquest director, they are also in talks with [...]

The PERA Law or the Personal Equity and Retirement Account Law will be implemented by the Bangko Sentral ng Pilipinas (BSP) in 2010 after different agencies of the government signed its implementing rules and regulations (IRR). BSP Governor Amando M. Tetangco Jr. spearheaded the signing of the memorandum of agreement (MOA) and IRR of PERA [...]

The Subic Bay Freeport Zone has got big investor in its fold, as the Subic Bay Metropolitan Authority (SBMA) has signed a deal with property giant Ayala Land Inc. (ALI) to lease and develop a 7.5 hectare government property at the heart of the Subic central business district.

The culture of “Filipino Time” has long been ailing the country and it has caused many a discomfort and even losses and misunderstandings to some. To cure this Filipino’s culture of tardiness, which commonly called the “Filipino time,” Senator Edgardo Angara filed Senate Bill 3479 which aims to “breed a new culture of promptness” among [...]

Starting October 24, local Zest Air will be having international flights in its schedules as it inaugurates on that day the first of the daily flights to Hong Kong at the Diosdadao Macapagal International Airport (DMIA), the premier International Gateway of the country.

Businesses who have suffered damages from typhoons Ondoy and Pepeng get a good news when the Bureau of Internal Revenue (BIR) announced that they that they could file for income tax deduction from the losses they incurred. The BIR, however, said that they there should be proof showing the extent of the damage or the [...]

The government of Davao City is taking serious steps in its effective solid waste management, and this is more evident with the completions of a 3.8 hectare sanitary landfill project. The P268-million facility which opened last Friday boasts of a highly-engineered solid waste disposal facility which is touted as the first of its kind in [...]

A conference geared to gather all cooperatives in the country is set to be held on October 28. Organized by the Philippine Cooperative Center (PCC), along with various cooperative federations, the said conference will take place at the Makati University.
The cooperative conference is inviting all cooperative leaders, members, and staff, as well as the government [...]

The Alliance Global Groups Inc. (AGI), the holding of Andrew Tan, is looking to spending more in expanding its tourism business. It believes that the tourism sector may rival its flagship firm Megaworld Corp. in terms of profits in the coming years.

China Banking Corporation (Chinabank) was ordered by the Supreme Court (SC) to pay the Bureau of Internal Revenues (BIR) its deficiency documentary stamp taxes worth around P11.3 million. The taxes were for the special savings deposits (SSDs) which were made to appear like tax-exempt regular savings accounts.

The credit card servicing arm of the Rizal Commercial Banking Corp., Bankard, Inc., has signed a deal with China UnionPay (CUP), the lone national bank card payment network in China based in Shanghai. The agreement will allow local retailers to take advantage of the growing number of Chinese tourist in the country.

First State Investment Management Ltd., a UK-based firm, and its units acquired a total of 5.438% stake in the Ayala-led utility firm Manila Water Co. Inc. according to the company’s disclosure report with the Securities and Exchange Commission (SEC).

The country’s flag carrier, Philippine Airlines (PAL) and its subsidiary, the budget carrier PAL Express, has a new low-fare, increased-baggage limit promo, which has a catchy tagline – “More or less.”
The “More” means that passengers of the 2 airlines are given an increased baggage limit of 20 kilos from the previous 15 kilos. This free [...]

The Government Service Insurance System (GSIS) reported that they have already granted up to P2 billion worth of emergency loans from government employees affected by storm Ondoy. The government pension fund said that out of 130,000 emergency loan applications, 103 or a total of P2 billion have already been processed as of October 12.
GSIS started [...]

On October 22, a job fair will be held at Market! Market! Mall in Taguig, where foreign-owned firms will join the employment expo will be opening their door to Filipinos. Victims of the previous storm Ondoy and typhoon Pepeng will be given priority in the said event.
About 3,000 jobs will be made available at the [...]

Just this week, the Bangko Sentral ng Pilipinas gave the nod of approval to Globe Telecommunications and Ayala Group to venture into the mobile banking business using the license of Pilipinas Savings Bank.
In recent news, Smart Communications is also planning to venture into microfinance, according to Napoleon Nazareno, Smart president. “We are also looking into [...]

The North Philippines Tourism and Travel Expo 2009 (NorthPhil) will be held at the Clark Freeport Zone in Angeles City, Pampanga next month. The international event will showcase the best of North Philippines as it aims to highlight the best cultural, historical, environmental and natural attractions and destinations of Northern Luzon and the rest of [...]

Filipino overseas workers in Dubai have joined hands in a fundraising event that draws thousands of OFWs in the city and raised roughly P4 million for the victims of typhoon in the Philippines.
The noble project, “walk for a cause” Giothon “Alay ng Buhay Project” saw its participants trooped to the Safa Park in Dubai to [...]