The Department of Foreign Affairs (DFA) will be transferring at the new state-of-the-art consular buildings at Aseana Business Park on Macapagal Avenue in Pasay City starting on March 4. It will first transfer the authentication services on the said date, while all other passport operations will be there too starting March 8.
Applicants for Philippine passports [...]

During the Marcos-era, the Home Development Mutual Fund (HDMF), also known Pag-IBIG Fund run a house-and-lot raffle program called the Biglang Bonds. Now, the state-administered funds manager is planning to revive the said scheme after launching its planned P12-billion bond offering last week.
HDMF chief executive officer Jaime Fabiaña said that under the plan, the agency [...]

The Laguna Lake Development Authority (LLDA) was awarded Asiawide Refreshments Corp. (ARC), the licensed manufacturer and distributor of RC, the blue rating award. The recognition given to the company for its successful compliance with the environmental standards set by the LLDA.
The blue rating award is a system used by LLDA to monitor the environmental performance [...]

Local banks have agreed to help raise and lend the Panay Energy Development Corp. (PEDC) P14-billion for its construction of a 164-megawatt coal-fired power plant in La Paz, Iloilo City. The Panay Energy is owned by George Ty’s Metrobank group, and the loans were arranged by First Metro Investment Corp. (FMIC), the investment banking arm [...]

The Bureau of Internal Revenue (BIR) is targeting to reach P360 billion for its collection this year from the country’s large taxpayers. The figure which is higher that the P339 billion collected last year, represents roughly 60 percent of the agency’s full-year target of P830 billion, said BIR Assistant Commissioner Nesto

A Filipina fashion designer and milliner, actress and musician, won this year’s British Council’s Young Fashion Entrepreneur (YFE) Award. Mich Dulce wowed the judges, not only because of her designs, but also of her use of indigenous materials, like sinamay and abaca.
YFE is a part of the International Young Creative Entrepreneur (IYCE) awards scheme that [...]

Philip Morris International, Inc. (PMPI) joined forces with Philippine a cigarette company forming one big corporation that will control about 90 percent of the country’s lucrative cigarette market. The US-based tobacco giant formed a new company with local rival Fortune Tobacco Corp. (FTC), which is owned by Chinese-Filipino tycoon Lucio Tan.

The Philippine National Oil Co. (PNOC) was able to bag an exploration contract to develop the Mt. Isarog volcanic chain in Camarines Sur.  The PNOC’s $60-million Mt. Isarog geothermal project is estimated to generate 18 gigawatt-hours of electricity per year from its potential capacity of at least 20 megawatts.  It will be started in the [...]

The Home Development Mutual Fund (HDMF), more popularly recognized as he Pag-IBIG Fund launched a bond offering which will be auctioned to the public on March 9. The state-administered fund manager will be offering P12 billion bonds starting next month.
Jaime Fabiaña, chief executive officer of HDMF said that the proceeds of the funds would be [...]

Ayala Land Inc. (ALI) continues its expansion plan for the year especially in Mindanao. The property giant is constructing an integrated mixed-use complex in Cagayan de Oro, which is estimated to cost at least P2.5 billion.
ALI senior vice president and chief finance officer Jaime E. Ysmael, in a disclosure to the Philippine Stock Exchange (PSE), [...]

The Metropolitan Bank and Trust Company (Metrobank) has awarded the Asian Terminals Inc. (ATI) credit line worth P250 million. The ATI said the proceeds of the funds would be used to fund its projects in the next five years.
ATI, in its disclosure to the Philippine Stock Exchange (PSE), said it signed an agreement with Metrobank [...]

Infosys BPO Ltd. is planning to put up 3 more call center facilities, expanding its presence in the country. The business process outsourcing firm chief operating officer Ritesh Idnani said, “We are very bullish about the Philippines and we will continue to invest in the next few years.”
Idnani said that while their Philippines operations only [...]

Ayala Land Inc. is looking at developing 32 new projects this year that they have set a capital expenditure budget of P27.17 billion for the projects. These projects include new malls and residential and office towers.
According to company chief finance officer Jaime Ysmael, the funding for the projects would be a combination of internal cash [...]

They say a woman’s confidence does not really depend on how beautiful or sexy she is. It all depends on how she carries herself, and that confidence really comes from within – no matter if you have a petite body or you wear Plus size bustier, or even if you are not so much endowed. [...]

After long-delayed listing of its share in local stock market, Yehey! Corp. still wants to pursue its plan of getting listed in the Philippine Stock Exchange (PSE). Should they get listed, Yehey! would the third firm this to get listed by way of introduction this year.
Edmundo P. Bunyi, Jr., president and chief operating officer of [...]

Philippine online gaming publisher IP E-Game Ventures Inc. (IP E-Games) was finally listed in the Philippine Stock Exchange (PSE). The company held its listing ceremony at the PSE last Wednesday. IP E-Games is the first online gaming company to be listed in the PSE.
A subsidiary of technology firm IPVG Corp., IP E-Games was able to [...]

Another opportunity rises for job seekers as another business process outsourcing firm (BPO) gears up for expansion. The Stream Global Services Inc., a BPO company which is partly owned by the Ayala group is looking to fill up 1,500 seats in the 60 days and open one or two more new sites during the first [...]

Salmat, an Australia-based business process outsourcing firm has been in the country since 1996, but company general manager of strategy Philip Hadcroft said they were doing mostly transactional services that served on the Philippine market.
Now, the Salmat has decided to put up an 800-seat facility at McKinley Hill in Taguig City, their first major investment [...]

The Subic Bay Freeport is fast becoming the country’s center of meetings, incentives, conventions and exhibitions (MICE).  This was noted by Department of Tourism Secretary Ace Durano during the opening of the MICECON 2010 held recently.
“Subic opens up a new world for MICE since it offers a very wide array of both man-made and natural [...]

Now, overseas Filipino workers (OFWs) and even foreign investors outside the country can check a real estate property they are interested in, without necessarily being in the Philippines. That is because the Philippine Chamber of Real Estate and Builders Association (CREBA) have deployed in the Internet the Philippines’ first fully-automated Web GIS parcellary mapping service. [...]