New guidelines for all authorized agent-banks have been issued by the Bureau of Internal Revenue (BIR) as part of preparations for the 2010 income tax filing season. The new guidelines is requiring all authorized agent-banks to be open for two Saturday immediately prior to April 15 of every year and extend their banking hours from [...]

There was a buzz circulating in social media Twitter and Facebook that the 11,000 ATM accounts Banco de Oro Unibank Inc. (BDO) where compromised. However, BDO belied this report and said there is no truth to this rumor.
The buzz was several Twitter users reported on Thursday the 11,000 BDO ATM cards were compromised Wednesday evening, [...]

ACM Landholdings Inc., a niche property developer founded 18 years ago by two Filipina banking and finance executives based in Hong Kong, is planning to be listed in the Philippine Stock Exchanges to raise as much as P1 billion fresh fund to meet brisk demand for low-to medium-cost housing.
Thus far, ACM has delivered to as [...]

Because of the transport strike scheduled today by major transport groups, the authorities deployed before dawn the first batch of buses to give free rides to commuters who were affected. Metropolitan Manila Development Authority (MMDA) Chairman Francis Tolentino said their personnel also started monitoring as early as 4 a.m. The Armed Forces of the Philippines [...]

Filipino boxing champ Manny Pacquiao started sparring at the Shape up Boxing Gym in Baguio City on Tuesday, focusing on the timing of his punches. This signals the start of his hard training in preparation for his May 7 title defense against Shane Mosley at the MGM Garden.
The undisputed pound-for-pound king spent 4 rounds of [...]

The Department of Trade and Industry said that many among our exporters are not really aware of the trade opportunities under the country’s free trade agreements (FTA). That is why it is intensifying its information awareness campaign focusing on the government’s priority exports.
Gregory L. Domingo, DTI Secretary, said that the basic information awareness campaigns from [...]

In its effort to alleviate the plight of Filipino families who have love ones working abroad, Globe Telecom announced that it will continue to provide more affordable rates for international services.
Head of Overseas Filipino Communities and Alliances, Consumer Marketing of Globe Telecom Richie Sison said “In these times of uncertainties in other parts of the [...]

The Philippine Long Distance Telephone Co. (PLDT) seeks to regain its dominance in the telecommunication industry as it buys competing company Digital Telecommunications Philippines Inc. (Digitel).
PLDT said it forged a deal to acquire 51.55% of the third-ranked Digitel valued at a value of P69.2 billion ($1.6 billion). The deal includes a share swap and the [...]

It is the season of school graduations and if you have a son or daughter graduating this year, I am sure you want to give something worthy of their time and hardwork they spent in school.  How about buying them replica watches, especially for your high school or college graduates. I am sure that they [...]

The Land Transportation Franchising and Regulatory Board (LTFRB) wants to immediately put their foot on the planned transport holiday of Jeepney operators on Thursday. The LTFRB warns those who will on the jeepney strike could suffer the same fate as some bus operators.
The agency was referring to the fate of bus operators whose franchises were [...]

To beef up their line-up, the Philippine football team will be holding try-outs on April 9 to 10 at the Gellert Park in Daly City, near San Francisco. Team captain Aly Borromeo and defender Anton Del Rosario will conduct the tryouts, they are looking to recruit talents in the 15-24 age bracket. Borromeo and Del [...]

Lepanto Consolidated Mining Co. Inc. has set aside P700 million for its capital expenditures for 2011. In its disclosure with the Securities and Exchange Commission (SEC), Lepanto said it would embark on an aggressive development program of the upper levels of the Victoria mine in Mankayan, Benguet where production for the year will be concentrated.
The [...]

The Land Transportation Franchising and Regulatory Board (LTFRB) granted a P1 provisional fare increase for Metro Manila buses. The resolution was signed last Friday approving the fare adjustment for the first five kilometers. There will be no provisional increase on the succeeding kilometers though.
The increased fare would be P10 for the first five kilometers and [...]

A total of 489 out of 806 passed the Medical Technologist Licensure Examination given by the Board of Medical Technology in the cities of Manila, Baguio and Cebu this March 2011. The Professional Regulation Commission (PRC) released the results in three (3) working days from the last day of examination.
The PRC issued the guidelines for [...]

A total of P49 billion for its capital expenditures (capex) this year is being allocated by the Aboitiz Equity Ventures Inc. (AEV), the bulk of which will be used to fund its proposed coal-powered projects. According to company senior vice president and chief financial officer Stephen G. Paradies, P46 billion of the capex would go [...]

Willie Revillame once again finds himself on the hot seat, this time for subjecting a 6-year old boy named Jan-Jan to what others said was public humiliation on his primetime TV5 show Willing Willie. A YouTube video of the kid dancing and gyrating his hips like a macho dancer has gone viral and has been [...]

A survey of the businesses in the Philippines will be conducted by the National Statistics Office (NSO) this year. The project called, the Annual Survey of Philippine Business Industry (ASPBI), will start as soon as the NSO personnel have finished with their training for the conduct of ASPBI, according to NSO-Cordillera Regional Director Olivia Gulla. [...]

The Pami Asia Balanced Fund, the fund management unit of the Philam group, has been given license by the Securities and Exchange Commission to operate as an open-end investment company and to register its entire authorized capital stock consisting of eight million common shares at a par value of P0.45 each. The new mutual fund [...]

Clark airport in Angeles City Pampanga beats Subic International Airport in Subic, Zambales in bidding for the right to host the hub operation of AirAsia Inc. in the Philippines. AirAsia, Inc., an affiliate of Malaysia’s AirAsia Group, picked Clark as the base of its operation in the country. It will have its office at the [...]

Earth Hour 2011 will be celebrated again for the fifth straight year and the Philippines is one of the countries who has many participants for this annual exercise. For this year, the Earth Hour will be on March 26, 2011, from 8:30 p.m. to 9:30 p.m.
During Earth Hour, those who are participating in this advocacy [...]