Archive for November, 2009

PGMA to run for Congress next year

Posted on November 29th, 2009 by Roy

And so ends months of speculations as the president of the country finally made known to the public her political plan for 2010. President Gloria Macapagal Arroyo made the official announcement in an interview aired over government radio.
“I will file my candidacy for Congress in order to serve the hardworking people of my home province,” [...]

About reverse mortgage

Posted on November 29th, 2009 by Roy

I’m sure you may, at least at one time, have heard about reverse morgage and why it is available only to seniors. This type of a loan is available only to seniors who need extra money, using their equity in their house as security for the loan.
These days, reverse mortgages is fast becoming popular among [...]

Two families received Model OFW Family Award

Posted on November 28th, 2009 by Roy

Two overseas Filipino workers (OFW) families were recognized for their efforts in helping residents in their community gain employment or livelihood through promotion of entrepreneurship. The first OFW was from Lipa, Batangas, and the second one was from Baleno, Masbate. They were named this year’s Model OFW families.
The Model OFW Family of the Year Awards [...]

Philippine tourism targets Taiwanese tourists

Posted on November 28th, 2009 by Roy

Philippines beaches as an alternative to Hawaii.
This is what the Philippine government is pushing as it tries to promote to Taiwanese tourists Boracay, Palawan, Cebu and Davao, said the Manila Economic and Cultural Office (MECO).

Lower call and text rates to selected countries from Globe

Posted on November 28th, 2009 by Roy

To allow local residents more opportunities to spend more time talking with their families and friends abroad, Globe Telecom has reduced its international voice and text rates to major destinations by as much as 87%.

Mobile email launched by Smart

Posted on November 27th, 2009 by Roy

Here’s another first from the Smart Communications, the country’s leading wireless services provider. The company launched recently the beta phase of its mobile email, the first daily flat-rate, unlimited push email solution in the country.

Noynoy, Mar and the senatoriables of LP, filed their candidacy

Posted on November 27th, 2009 by Roy

The Liberal Party (LP), led by its presidential and vice-presidential bet, Senator Benigno “Noynoy” Aquino III and Senator Manuel Roxas III, together with their senatoriables, was the first to file their certificate of candidacy as a group.
The senatorial line up of the LP include Anakbayan Partylist Representative Risa Hontiveros-Baraquel, former National Economic Development Authority head [...]

Trade fair to feature products from Cordillera Autonomous Region

Posted on November 27th, 2009 by Roy

To help entrepreneurs, especially those who were affected by the recent typhoons, the Department of Trade and Industry (DTI) said that they will be staging the trade fair called Impakabsat.
A yearly regional trade fair of the Cordillera Administrative Region (CAR), Impakabsat features products from Ifugao, Mountain Province, Abra, Kalinga, Apayao, Benguet and Baguio, where the [...]

Opportunities in macapuno production

Posted on November 27th, 2009 by Roy

There is a big demand for the macapuno or the “mutant nut” in the Philippines as well as in other countries. This offers a big opportunity for Filipino entrepreneurs as they can venture into the business of producing planting or the nut itself.
The Philippine Coconut Authority Albay Research Center scientists were able to develop the [...]

NDC plans to borrow funds to acquire controlling stake on MRT

Posted on November 26th, 2009 by Roy

The National Development Co. (NDC) is planning to avail of a loan from private banks in order to raise at least $300 million by yearend. NDC will be buying  a portion of the controlling of stake of Land Bank of the Philippines (LandBank) and the Development of the Philippines (DBP) in Metro Rail Transit Corp. [...]

13 companies submitted bids on geothermal energy projects

Posted on November 25th, 2009 by Roy

At least 24 bids from 10 possible contracts under the geothermal energy contracting round were received by the Department of Energy (DOE). Energy assistant secretary Mario Marasigan said, “We received strong interest because of the renewable energy law. Now we are seeing the fruits of Republic Act 9513, wherein the incentives are really attractive.” Marasigan [...]

iRemit acquired license to operate in Europe

Posted on November 25th, 2009 by Roy

I-Remit Inc. continues to expand its presence all over the world. This time, the Filipino-owned non-bank remittance company has acquired a license to do business in Europe. The company said it received a copy of a letter which came from Banca D’ Italia Eurosistema advising of the registration of iRemit Europe in the general list [...]

Chiz Escudero not running for president

Posted on November 23rd, 2009 by Roy

It’s final! Senator Francis “Chiz” Escudero will not be throwing his hat into the presidential ring, saying that “now is not the time to run for the presidency,” as he announced on Tuesday that he will not be participating in the May 2010 elections except to vote. He made the announcement to his supporters and [...]

President declared state of emergency in Maguindanao

Posted on November 23rd, 2009 by Roy

Maguindanao, Sultan Kudarat and Cotabato City were placed under a state of emergency by President Gloria Macapagal Arroyo after the gruesome massacre of dozens of people in the election hotspot in Mindanao. The president also ordered a swift and impartial probe into massive killings.

Efren Peñaflorida is CNN Hero of the Year

Posted on November 23rd, 2009 by Roy

Efren Peñaflorida, the man who started the “Kariton Klasroom” has brought pride to the whole Filipino people. Peñaflorida, or “Kuya Ef” was named CNN Hero of the Year for his innovative effort of bringing education to poor children.
Armed only with a pushcart goes to  poor children and together with his team, the Dynamic Teen Company, [...]

DOT pushing through with Tourism Congress on Nov 25

Posted on November 21st, 2009 by Roy

November 25 is the schedule of the Tourism Congress. However, there were calls from the local tourism industry for its deferment, but the Department of Tourism (DOT) is still pushing through with the original schedule of the event.

21st Ad Congress, SBMA donate to Baguio City

Posted on November 21st, 2009 by Roy

There were not few negative reactions were given when the organizers of the 21st Philippine Advertising Congress (PAC) decided to move the event from Baguio (its original venue) to Subic after the place was devastated by typhoon “Pepeng.” They believed the Ad Congress could actually help the city ‘rise’ faster if it were held there. [...]

Taking a break to unwind

Posted on November 21st, 2009 by Roy

Sometimes doing all those entrepreneurial works can get burn us out, making us seek to “get away from it all.” Taking a much needed vacation is a good idea… but there’s a better idea that I have just found out – it’s the Vacation Timeshare Rentals wherein you get to share ownership of the vacation [...]

Toshiba to provide employment to thousands of Filipinos in its factory

Posted on November 20th, 2009 by Roy

More new employment opportunities are coming up in the Philippines as Toshiba announced that it will be hiring “several thousand” new employees early next year.  The new employees  are for their two factories in Laguna.
This was announced by company chief representative for Asia Pacific Hiroyuki Ishida during the Toshiba’s product launch at the Peninsula Manila.

Extension of LRT-2 to Tondo and Antipolo being studied

Posted on November 19th, 2009 by Roy

The LRT-2 which currently runs 13.8 kilometers and traverses five cities in Metro Manila – which are Pasig, Marikina, Quezon City, San Juan, and Manila along the major thoroughfares of Marcos Highway, Aurora Boulevard, Ramon Magsaysay Boulevard, Legarda and Recto, is undergoing study for its on both its east and west end.