Hopes of a possible wage increase in 2010 would be unlikely, according to the Department of Labe and Employment (DOLE). Labor secretary Marianito Roque said that for the second straight year, workers nationwide are unlikely to get any salary hike. “I don’t think that there will be any wage increase because there is no economic [...]

Online games always a ready audience in the Filipino market. There is a big market for Filipino online gamers, although most the games were created outside the country. A group of Filipinos with entrepreneurial mindset is eyeing to cash in on this online gaming craze capturing Filipinos from all walks of like.

Our local animators have already proven themselves in the international arena, and their works have sought by many big international animation film companies. Now, they are hoping that Filipino animators would gain an even bigger spot on the world animation map.
The Animation Council of the Philippines Inc. (ACPI) is advocating “creative process outsourcing” CPO and [...]

After the implementation of the Bureau of Internal  Revenue’s (BIR) Oplan Kandado program, the agency’s preliminary figures on VAT collection as against the total revenue rose from 18% to 22%, according to revenue agency commissioner Nelson Aspe.
More companies now see to it they remit their as a result of the BIR’s drive to shut down [...]

A business process outsourcing (BPO) company who has open a service center here in country is very happy with the industry’s performance this year that it is looking forward to a brighter prospects next year.
The Aegis People Support, an Indian-owned BPO company is planning to expand in Cebu. Company representatives made the announcement when they [...]

In the efforts to crack down software piracy in the Philippines, the Pilipinas Anti-Piracy Team (PAPT) caught two men installing counterfeit software as an “add-on service” at the Greenhills Shopping Center in San Juan City recently.
The two men, who are now facing up to nine years imprisonment and a fine of P1.5 million for violating [...]

Filinvest Land Inc. plans to increase its stake in two property firms. The property unit of business tycoon Andrew Gotianun, in its disclosure to the Philippine Stock Exchange, said that its board approved the purchase of the 40% stake of Africa-Israel Properties Philippines Inc.  in Cyberzone Properties Inc.  (CPI) and the 40% interest of Africa-Israel [...]

The Federation of Philippine Industries (FPI) warned that prices of goods with imported raw material sold in the country would likely increase next year. That is once the government has implemented the law requiring all imported bulk and break bulk cargo to be surveyed by an accredited surveying company at the port of origin.

Because of the difficulty in obtaining a franchise from Congress, the Gatchalian Group has temporarily shelved its planned airline business.
Atty. Miguel Varela, one of Gatchalian’s partners in the proposed airline company, told reporters they cannot operate yet because they failed to get a franchise, which is an act of Congress. “It is difficult to get [...]

The Magna Carta for Disabled Persons which would mandate local governments to have specific programs for people with disabilities has been approved by the Senate on its second reading. The act which was under Senate Bill 3650 or the proposed act establishing the institutional mechanism to ensure the implementation of programs and services for persons [...]

The last week of the year will see the field personnel of the Bureau of Internal Revenue (BIR) going out and visiting businesses and their warehouses. The revenue agency will be deploying its personnel to check out and monitor taxpayers’ year-end inventory.
BIR Commissioner Joel Tan-Torres issued Revenue Memorandum Order No. 40-2009, which seeks to validate [...]

The applications of the more than 10,000 World War II Filipino and Filipino-American veterans have been approved by the US Embassy’s Veterans Affairs Office. This gives them part of the P5.8-billion budget allocated for this purpose.

The Abacus Consolidated Resources & Holdings Inc. (ACRHI) announced that it will be unloading is entire stake in the Pacific Online Systems Corp., the exclusive online lottery system provider of the Philippine Charity Sweepstake Offices in the Visayas and Mindanao.

Phoenix Petroleum Philippines, Inc. is looking for a strategic financial partner that can help it pump up its investment portfolio. This is keeping in line with company’s goal of becoming one of the key players among the league of independents in deregulated oil industry.

The Terminator will visit the Philippines next year, but he won’t be here to promote nor shoot any film. Instead, the California Governor will be leading a group of US business delegation who will visit the country in February as part of the government’s marketing efforts to expand the market of Philippine exports and industries.

With the fight against Floyd Mayweather Jr. falling off as quickly as it took, boxing fanatics are now once again betting as to who would be Pacquiao’s next opponent. One of the names that seem to make the most sound is that of Yuri Foreman. Foreman is the reigning WBA super-welterweight crown.
Yuri in fact has [...]

The Subic Bay Metropolitan Authority (SBMA) expects tax collection in the Freeport zone to exceed that of 2008 level. SBMA administrator Armand Arreza is counting on the combined collection efforts of the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR) in the Subic Bay Freeport which went up last quarter. Arreza said [...]

Holcim, global cement giant, reiterated that there is no shortage in the supply of cement in the market. It assured the public that the supply of cement in the market will normalize after the Christmas holidays. Ed Sahagun, sales manager of Holcim’s cement plant in the Philippine made the assurance even as trucks lined up [...]

Kodak, the name that is almost synonymous with pictures and images, has amassed more than 1,000 digital-imaging patents, being one of the pioneers in this industry. Almost all of today’s digital cameras rely on that technology.

It could have been the biggest fight of the new millennium, but because of some disagreements, it was called off. The Pacquiao-Mayweather dream fight will no longer push through as Bob Arum effectively closed the door on Floyd Mayweather Jr. on Christmas Eve.
The move opens the door for Paul Malignaggi, Shane Mosley and practically anyone [...]