Archive for December, 2009

Martial law lifted, Congress ends joint session

Posted on December 11th, 2009 by Roy

They could have been prepared with all their firepower, but they weren’t even able to fire them. Because Malacañang beat them to it and lifted the proclamation of martial law in Maguindanao today at 9 p.m. Hence, the Congress decided to terminate the joint session it scheduled for the deliberation of the martial law proclaimed [...]

Heard of Satellite Internet?

Posted on December 11th, 2009 by Roy

An internet is a very viable tool for every entrepreneur today. I couldn’t imagine an enterprise succeeding without internet. It’s not impossible I know, but it might not be as quick. And just like a reception on your TV, your internet connection should be clear and fast, for the entrepreneur not to miss any opportunity. [...]

Hyundai capped 2009 with the launching of all-new Tucson

Posted on December 11th, 2009 by Roy

Last December 7, the yearend celebration in which Hyundai Asia Resources, Inc. (HARI) was a part of, was held at the A. Venue Hall in Makati City. It was an event where HARI capped 2009 with a bang at the 2nd annual Media Noche Choral Festival where three groups from their media partners vied for [...]

Pepsi to expand production line in Cagayan de Oro

Posted on December 10th, 2009 by Roy

A new production in its Cagayan De Oro plant will be put up by the Pepsi-Cola Product Philippines, Inc. The company has allotted P350 million for the new plant. The new production line, according to Pepsi’s disclosure to the Philippine Stock Exchange (PSE), is intended to boost the company’s capacity and further bolster its position [...]

SSS, other GFIs extends loan to SMEs

Posted on December 10th, 2009 by Roy

The pension fund provider for private companies’ employees, Social Security System, said it has extended so far a total of P1.2 billion in loans micro, small and medium enterprises. The agency provided the said grants under a credit implemented by government financial institutions.

San Miguel acquired P2 billion loan from Landabnk

Posted on December 10th, 2009 by Roy

The San Miguel Corp. (SMC), the country with most diversified conglomerate, has been extended a P2 billion loan by the state-owned Land Bank of the Philippines (Landbank). The loan would be used by SMC to finance its expansion program.

Cement supply in the county sufficient

Posted on December 9th, 2009 by Roy

Manufacturers of cement in the country assured that there is no cement shortage in spite of the increase in demand for the item. Cement Manufacturer of the Philippines’ president Ernesto Ordoñez that the surge in demand for cement made it appear like there is a tight supply of the product. He pointed out though that [...]

About home security

Posted on December 9th, 2009 by Roy

We  love our family. That is why aside for making sure that we are ablo provide them a better future, we always look after their safety and protection. We always make it a point that we a fool proof home security system to guard them when we are away from  home.

BSP keen on tapping retail outlets for mobile money services

Posted on December 9th, 2009 by Roy

To reach to people who have no access to banks, the Bangko Sentral ng Pilipinas (BSP) looks into tapping third parties such as retail outlets to be conduits for money transfer through mobile phones. While considering the said option, BSP governor Amando M. Tetangco, cautioned while that the business arguments for the establishment of a [...]

PAL flies to Brisbane

Posted on December 7th, 2009 by Roy

Starting early next year, flag-carrier Philippine Airlines (PAL) will be adding Brisbane to its key destinations to boost profits and market performance in Australia. The PAL is eyeing a twice-weekly service direct to Brisbane, Queensland, and twice a week via Melbourne. It will be using a 320-seater Airbus 330-300 aircraft.

Nestle conducted coffee farming seminar

Posted on December 7th, 2009 by Roy

Last September 28 and 29, Nestlé Philippines conducted a seminar at the Nestlé Experimental and Demonstration Farm (NEDF) in Tagum, Davao del Sur. Nestlé, who is the manufacturer of the coffee branch Nescafé, held the seminar as a part of the ongoing memorandum of agreement between the company and the Department of Agriculture (DA) which [...]

Demand for bluetooth headsets growing

Posted on December 5th, 2009 by Roy

Because of the continuous growth of the business process outsourcing (BPO) industry in the Philippines, so are the related businesses and products that go along with them. One of them is the headset, particularly the blue-tooth headset.
GN Netcom, Denmark-based and the world’s largest manufacturer of hearing aids and headsets, is very much aware of this [...]

RP mining compay gets financing to resume stalled project

Posted on December 4th, 2009 by Roy

The country’s oldest mining company, Benguet Corp., gets a new leash of life as it entered into a financing agreement with a Chinese company. The listed Benguet Corp. has signed a memorandum of agreement (MOA) with MinMetals International (HK) Ltd. which would allow them to resume the exploration activity at its King-king project in Pantukan, [...]

Peso pegged at P46 on Friday’s closing

Posted on December 4th, 2009 by Roy

For the last 15 months, the peso was pegged at its strongest level after the closing at 46 to $1 on Friday. This was mainly attributed to steady growth of overseas Filipino workers (OFWs) remittances and stable consumer prices.

JP Morgan to open call center in Cebu

Posted on December 4th, 2009 by Roy

JP Morgan Chase & Co. (JPMC), an America-based outsourcing firm will opening a call center facility in Asiatown IT Park in Cebu. The company will be putting up a 420-seat center which was said to provide employment to at least 2,520 people in a two-shift cycle.
A five-year lease contract has been recently signed by the [...]

New BPO center tower opens up in Bonifacio Global City

Posted on December 3rd, 2009 by Roy

Asia’s leading developer and manager of business space, Ascendas Pte Ltd. (Ascendas), recently opened the ACCRALAW Tower located within the E-square in Bonifacio Global City. Present as guest of honor in its opening ceremony was Singapore Foreign Minister George Yeo.

IBM plans to set up Innovation Center in the Philippines

Posted on December 3rd, 2009 by Roy

Because of the continuing growth of technology-based industries in the Philippines, and the support that they get from the government, computing giant IBM plans to pour more investments in the country. IBM developer relations general manager James Corgel said the Philippines, particularly Quezon City, was one of the only 40 locations worldwide which was chosen [...]

AXA Philippines’ new insurance campaign

Posted on December 2nd, 2009 by Roy

A new brand spirit campaign has been launched recently by Axa Philippines. The new campaign hopes to redefine the meaning of insurance for Filipinos.
Axa president and chief executive officer Rien Hermans said in a press statement that the campaign is aimed at changing the common notion of people with insurance. Most Filipinos associate insurance with [...]

ISO certification eyed for NAIA Terminals 2 and 3

Posted on December 1st, 2009 by Roy

International Standards Organization or the ISO certification is being eyed by the Manila International Airport (MIAA) on all its three Ninoy Aquino International Airport (NAIA) terminals. It has already signed Service Levels Agreements with 13 airport agencies to kick off its campaign for the ISO certification process for the NAIA Terminals 2 and 3.

Bidding for three hydro-power facilities set by PSALM

Posted on December 1st, 2009 by Roy

The bidding for the last set of management contracts for National Power Corp. (Napocor) assets to be auctioned off this year has been set on December 15 by the Power Sector Assets and Liabilities Management Corp. (PSALM).