Archive for April, 2011

Artists to hold free concerts for militaries

Posted on April 18th, 2011 by Roy

To cheer up the soldiers and help them get their mind off the corruption scandal involving former top military officials, a group of celebrity singers will perform in various military camps.
Led by the current president of the Organisasyon ng Pilipinong Mang-aawit (OPM) Olgie Alcasid, the group composed of Vice-president Noel Cabangon, Cookie Chua and Mitch [...]

Saudi grants Royal Clemency to Filipino drug mule

Posted on April 18th, 2011 by Roy

The Department of Foreign Affairs (DFA) announced on Monday that the overseas Filipino worker (OFW) who was sentenced to death in Saudi Arabia on November 2009 for involvement in smuggling shabu into the country was granted pardon and freed Sunday.
The DFA did not release his name, in deference to the request of his family for [...]

Ayala Corp. allots P79 billion for its capex

Posted on April 18th, 2011 by Roy

Giant conglomerate Ayala Corp. allots a record-high P79 billion for its capital expenditures this year. The company said it is in an excellent position to delve into various investment opportunities. It is particularly eyeing the power and infrastructure sector.
During the annual stockholders’ meeting, chairman Jaime Augusto Zobel de Ayala said that while the company is [...]

Ayala stays firm in its investment in Globe

Posted on April 17th, 2011 by Roy

Despite of the looming merger of rival Philippine Long Distance Telephone Co. (PLDT) and Digital Telecommunications Philippines Inc., (Digitel), the Ayala Corp. said it has no plans of leaving the telecommunications business.
Ayala and partner Singapore Telecommunications Ltd. (SingTel) were excited about the prospect of its Globe Telecom Inc., despite the tougher competition brought about by [...]

House Bill requires hospitals to post price list of medical services

Posted on April 17th, 2011 by Roy

The House of Representatives approved last week on third and final reading a bill requiring all hospitals and clinics to post price list of all their series, incidental expenses and medical supplies in a conspicuous place in their premises to ensure accessible, transparent, and reliable delivery of services.
House Bill 4308 author Pasig Representative Roman Romulo [...]

CBCP upgraded Visita Iglesia Online to accommodate more visitors

Posted on April 17th, 2011 by Roy

Last year the Catholic Bishops’ Conference of the Philippines (CBCP) launched the Visita Iglesia Online to offer a virtual Holy Week experience, particularly to Filipinos overseas and devout Catholics who are physically incapable of leaving their homes. It was merely an experiment and not as a serious endeavor as it only featured seven churches.
This year, [...]

Nograles resigns as PDIC head

Posted on April 16th, 2011 by Roy

At the height of the controversy surrounding the closure of the Aguire-led Banco Filipino Savings & Mortgage Bank, Philippine Deposit Insurance Corp. (PDIC) president Jose Nograles has resigned from his post as head of the state-run deposit insurer.
Sources were quick to clarify that the decision of Nograles to quit was not in any way connected [...]

Eastern Communications receives ISO 9001:2008 certification

Posted on April 15th, 2011 by Roy

The country’s telecommunications pioneer that provides landline, data, Internet and broadband services Eastern Communications, announced that it has received the International Organization for Standardization ISO 9001:2008 certification for its quality management system.

Sutherland is PEZA’s 2001 Employer of the Year

Posted on April 15th, 2011 by Roy

For the 3rd time, Sutherland Global Services Philippines is name Outstanding Employer of the Year by the Philippine Economic Zone Authority (PEZA). The 2011 Outstanding Employer honor was given to Sutherland at the recent PEZA Investors’ Recognition Night, which reflects the value that the company gives its people.

Metro Pacific bids to run and maintain LRT and MRT

Posted on April 15th, 2011 by Roy

The Department of Transportation and Communications (DOTC) sent invitations to qualified parties to submit an expression of interest for the interim contract (4+1 years) of the operations and maintenance of Light Rail Transit (LRT) 1 and Metro Rail Transit (MRT) 3 system.

DOE cancelled 70 renewable energy contracts

Posted on April 15th, 2011 by Roy

About 70 renewable energy service contracts were cancelled by the Department of Energy (DOE) as part of its effort to weed-out “non-performing contracts” and offer them to more serious investors. Energy Undersecretary Jose M. Layug Jr. also said that licenses covering four prospective petroleum blocks were likewise cancelled.
The energy undersecretary said that the  70 companies [...]

Department of Energy warns of another oil price increase

Posted on April 15th, 2011 by Roy

While drivers are still waiting for the issuance of their “smartcard” which would allow them to avail of fuel subsidy, the Department of Energy announced that motorists should again brace themselves for another possible round of petroleum price increase next week. The increase was said to be brought about by the cost of the crude [...]

Cebu Pacific buys more planes to expand operations

Posted on April 15th, 2011 by Roy

Listed Cebu Air Inc. was the first company brave enough to hold an initial public offering (IPO) after the global financial meltdown. It was also the second largest IPO in the history of the Philippines Stock Exchange (PSE). From the IPO, the company was able to raise P23.3 billion. The bulk of the fund came [...]

2011 Le Tour De Filipinas all set to kick off

Posted on April 14th, 2011 by Roy

The 211 Le Tour de Filipinas is all set and cyclists from all over the globe will hit the road on April 16. Filipino homegrown riders are out to prove and test their mettle against their foreign counterparts who are likewise out to steal the show in the said race.
The four-day multistage bikathon will kick-off [...]

PLDT assured market would still be competitive after acquisition of Digitel

Posted on April 14th, 2011 by Roy

The Philippine Long Distance Telephone Co. (PLDT downplayed fears that its takeover of rival Digitel Telecommunications Philippines Inc. would hinder competition in the local telecommunications industry. The telecom giant in fact said that the PLDT-Digitel merger would even be beneficial to the industry and would bring in better services and more competitive prices for consumers.
PLDT’s [...]

Azkals to play in Manila

Posted on April 14th, 2011 by Roy

The popular football team Azkals will play in the country on July. Team coordinator Patrick Ace Bright confirmed on Thursday that the first qualifying match between Philippine’s Azkals and Sri Lanka for the 2014 FIFA World Cup will be held at the Rizal Memorial Stadium in Manila on July 3.
“This will not be the last [...]

BF-GF ad pulled out by McDonald’s

Posted on April 13th, 2011 by Roy

Possibly fearing that theirs could go the way of Jan-Jan’s case and escalate into another media frenzy, McDonald’s Philippines immediately pulled out its add which was tagged by some as the “BF-GF commercial” after the Catholic Bishops’ Conference of the Philippines (CBCP) called for them to stop airing the ad.

DoJ forms panel to investigate BSP and Banco Filipino counter-charges

Posted on April 13th, 2011 by Roy

The Department of Justice (DoJ) received charges filed by Bangko Sentral ng Pilipinas (BSP) and Banco Filipino Savings and Mortgage Bank against each other. To conduct a  preliminary investigation on the said charges, Justice Secretary Leila de Lima formed a three-man panel lead by Senior State Prosecutor Rosanne Balauag, and members Assistant State Prosecutors Bernardo [...]

Jan-Jan’s parents filed charges against blogger et al

Posted on April 13th, 2011 by Roy

Parent’s of six-year old Jan-Jan, who became very controversial after mimicking a macho dancer in the game show “Willing Willie,” filed libel suit against a child psychologist, a blogger, and a former senior consultant of the National Museum for insinuating that they are consenting that their son is a victim of child abuse.
Joe Suan and [...]

Immigration barred 34 OFWs from leaving

Posted on April 13th, 2011 by Roy

The Bureau of Immigration (BI) barred 34 prospective overseas Filipino workers from leaving the country. The passengers were prevented from boarding a Philippine Airlines (PAL) flight to Bangkok after confessing that they were OFWs disguised as business travelers after intense questioning from immigration officers at the Ninoy Aquino International Airport (NAIA).
BI airport operations chief Lina [...]