Archive for April, 2011

Bruno Mars included in the TIME Magazine 100 influential people list

Posted on April 23rd, 2011 by Roy

Half-Filipino and world music sensation Bruno Mars made it to the TIME magazine’s list of 100 most influential people for 2011. Born Peter Gene Hernandez to a Filipino mother and Puerto Rican father, 25-year old Bruno Mars ranked no. 64 in the TIME Magazine’s list, as he joins an illustrious list of artists and activists, [...]

Pancake House posted P73.66 M net income for 2010

Posted on April 23rd, 2011 by Roy

Pancake House Inc. reported a net income of P73.66 million for 2010, a figure which more than doubled the P35.56 million it posted in 2009. The Lorenzo-owned casual dining restaurant chain attributed the growth to its outlet consolidation and realignment of resources to profit-generating activities.
The company also owns and operates various other restaurant brands, aside [...]

Globe to invest $500 M to improve mobile network

Posted on April 23rd, 2011 by Roy

Mobile service provider Globe Telecom is investing $500 million to improve the quality and capacity of its mobile network infrastructure throughout the country. Company officials said the network quality will be top priority of Globe this year.
As part of the company’s network transformation program, Globe is making one of its biggest network investments in quality [...]

Nestle Prize in Creating Shared Value now open for nominations

Posted on April 23rd, 2011 by Roy

The Nestlé Prize in Creating Shared Value is open for nominations. The award, which is open globally, aims to recognize an individual, non-government organization, or small enterprise working in the field of nutrition, water, or rural development. The nomination will be open until June 30, 2011.
The Nestlé Prize in Creating Shared Value was launched in [...]

Crucifixions in Pampanga continue to attract tourists

Posted on April 23rd, 2011 by Roy

Last Good Friday, there were a total of 27 penitents who were nailed to the cross in Pampanga and Bulacan, 22 were crucified in Barangays San Juan, Sta. Lucia and San Pedro Cutud in City of San Fernando, Pampanga, and five in Barangay Kapitangan in Paombong, Bulacan, which include two women.
The nailing began at 9 [...]

Xoom special offer on the Pacquiao-Mosley fight

Posted on April 23rd, 2011 by Roy

Xoom.com, a money online transfer company, tied up with DIRECTV to for a special offer to Xoom customers to watch the Manny Pacquiao “Pacman” Pacquiao versus Sugar Shane Mosley fight for free on DIRECTV Pay-Per-View (PPV).
The company is excited to bring this opportunity for the first time. It will be available to new Xoom customers [...]

DTI’s trade mission to India produces $42 M investment pledges

Posted on April 21st, 2011 by Roy

The Department of Trade and Industry (DTI) reported that their recent trade and investment mission in India have generated new investment pledges worth $42 million. Trade Secretary Gregory Domingo said they were from three energy projects and a pharmaceutical packaging ventures.
The Philippine delegates, led by Domingo, attended the recent ASEAN-India Business Fair and Conclave held [...]

PNOC-EC eyes expansion of coal production

Posted on April 21st, 2011 by Roy

The Philippine National Oil Company-Exploration Corporation (PNOC-EC) earmarked P900 million for the expansion of its coal mining ventures in Zamboanga Sibugay in Western Mindanao. The state-run oil exploration company said that its board of directors has already approved the special budget “to fund the development of existing coal mine” that will enable it to double [...]

Landslide hits small-scale mining community at Compostela Valley

Posted on April 21st, 2011 by Roy

A landslide hit a small-scale mining community in the municipality of Pantukan, Compostela Valley on Friday. Reportedly, there were two persons killed, six were injured and 40 others believed to be missing.
According to Liza Mazo, Office of Civil Defense-Region 11 director, the landslide was caused by heavy overnight rains. “It’s been raining hard since last [...]

Isuzu Philippines temporarily shuts down production operations

Posted on April 21st, 2011 by Roy

Isuzu Philippines Corp. (IPC) temporarily stopped its operation, starting from April 18 and will resume production on May 2. The work stoppage was due to the shortage in parts and components supply which are coming from Japan. The country’s all-commercial vehicle assemble is still optimistic though that it would be able to sustain its 17 [...]

SSS reports payments of benefits for 2010 up by 7%

Posted on April 21st, 2011 by Roy

The Social Security System (SSS) reported that its benefit payments for 2010 has increased by 7% to P77.17 billion, with the bulk of the payment going to retirement claims and death benefits. SSS president and chief executive officer (CEO) Emilio de Quiros Jr. said in a statement that the state-run agency paid P38.23 million to [...]

PAL is expecting increased number of passengers for Holy Week

Posted on April 21st, 2011 by Roy

Flag carrier Philippine Airlines is expecting the number of its passenger this Holy Week to be slightly higher than those that they had last year. PAL predicted that from April 17 to April 24, it will fly close to 200,000 passengers throughout its network of 26 international and 20 domestic destinations. The airline also said [...]

Ayala invests in hydro-electric power

Posted on April 21st, 2011 by Roy

Another venture that the Ayala group is breaking into is the hydroelectric power generation partnership. The conglomerate, through its wholly owned subsidiary Michigan Power Inc. (MPI) has entered into a joint venture agreement with Sta. Clara Power Corp., an independent power producer specializing in run-of-the-river power plants. Ayala Corp managing director John Eric Francia confirms [...]

President wants oil firms to open books to public

Posted on April 20th, 2011 by Roy

President Benigno “Noynoy” Aquino III yesterday said he wants oil companies to open their books to public scrutiny to prove that they were not taking advantage of the public in their series of oil price increases.
“That was my position ever since I have been in public service, isn’t it? If reasonable, why can’t they show [...]

Government plans EO to freeze oil prices

Posted on April 20th, 2011 by Roy

In response to the steady rising of oil prices, the Aquino government is planning to resort to “extreme legal measure” by issuing an executive order that would ban further oil price increases. The same has been done during the Arroyo administration when Executive Order was in issued in 2009 to freeze oil prices.
Department of Justice [...]

LPG price up on Holy Wednesday

Posted on April 20th, 2011 by Roy

Another addition to the Lenten sacrifice of Filipinos for the Holy Week: The prices of liquefied petroleum gas (LPG) have gone up by P1/kilo or P11 per 11-kg tank on Holy Wednesday. The price increase was implemented after some fuel firms raised prices of their products.
According to the LPG Marketers’ Association (LPGMA), the increase was [...]

Online Visita Iglesia went down after reaching 58,000 visitors

Posted on April 20th, 2011 by Roy

The Catholic Bishops’ Conference of the Philippines (CBCP) has recently beefed up its Visita Iglesia Online website to accommodate more visitors and to prevent what happened last year when the site crashed because it received more than 43,000 online visitors. This year, the CBCP said they expected the number of visitors to double.
Unfortunately, in spite [...]

Recue hotlines numbers issued by MMDA

Posted on April 20th, 2011 by Roy

For all Filipinos heading to the provinces this Holy Week, the Metropolitan Manila Development Authority has made available on its website the rescue hotline numbers of different cities and municipalities, as well as mobile numbers of its officials.

DOLE announced more than 100,000 jobs available on Labor Day job fair

Posted on April 19th, 2011 by Roy

The job opportunities available on the Labor Day job fair spearheaded by the Department of Labor and Employment (DOLE) have already reached more 100,000 as confirmed by Labor Secretary Rosalinda Baldoz. She said there are around 1,000 companies and recruitment agencies who would be offering both locals and foreign employment opportunities at the different Jobs [...]

Ayala’s HRMall acquires US BPO firm

Posted on April 18th, 2011 by Roy

HRMall Inc., a business process outsourcing (BPO) firm backed by the Ayala group, has acquired IQ BackOffice LLC. Based in Los Angeles, California, IQ BackOffice provides backroom finance and accounting services to mid-sized companies in the United State. It delivers high quality, software-enabled and real-time finance and accounting BPO services to US companies.
HRMall is one [...]