A new 200-room hotel in Davao City will be build by SM Investment Corp. It will be in Lanang district, adjacent to the SM shopping mall.
SM, in its disclosure to the Philippine Stock Exchange, said its wholly owned subsidiary SM Hotels and Convention Corp. signed a contract with Carlson, a privately held global hospitality and [...]

Taiwanese businessmen are seriously considering relocating their manufacturing facilities to the Philippines from mainland China. The Manila Economic Cultural Office (MECO) said the decision was made by the Taiwan diplomatic row with the Philippines following their frustrations from the stringent labor requirements in China.
The Taiwanese businesses are engaged in industrial plastics manufacturing with estimated investments [...]

The China Council for the Promotion of International Trade (CCPIT)-Guangzhou and Philippine Chamber of Commerce and Industry (PCCI) recently signed a cooperation agreement to co-organize the Manila-Guangzhou Trade and Investment Conference slated to be held on June.
The event, which is aimed to further boost the Philippine-China trade and investment relations, is expected to gather around [...]

Lufthansa Technik Philippines (LTP) plans to expand its facility in Manila in order to increase the variety of aircraft it can serve, including the Airbus A380, which the world’s largest passenger plane. The Airbus A320, designed for short to mid-range flights, is among the most-used aircraft by local airlines and is ideal for trips to [...]

Chery Automobile Ltd. announced it will build a manufacturing facility in the Philippines which will be the company’s left hand drive manufacturing hub in the Southeast Asia. Chery Philippines sales marketing manager Raymond Tribdino said the manufacturing facility will be constructed in the next three years. He said, aside from serving the local market, the [...]

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 [...]

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 [...]

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 [...]

As part of the oncoming celebrations for Labor Day on May 1, the Department of Labor and Employment (DOLE) disclosed the venues that will hold jobs fairs that will provide some 30,000 job opportunities. According to DOLE secretary Rosalinda Baldoz, the Labor Day celebration on May 1 will carry the theme, “Matuwid na Daan Tungo [...]

Another major aviation firm is going to invest in the Clark Freeport Zone. Metrojet, a leading business aviation firm in Asia is earmarking $40 million for maintenance, repair and overhaul of facility in Clark. Executive Secretary Paquito Ochoa Jr. said Metrojet will set up the facility in a three-hectare property inside the Clark Airport Complex [...]

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 [...]

The Philippine Economic Zone Authority (PEZA) said, in spite of the tragedy that hit their country, Japanese firms in the Philippines will continue with their business operations here and will not be laying off any workers. The PEZA added that because of the twin disasters that hit Japan, these businesses are even prompted to transfer [...]

The Canlaon Alco Green Industrial Corporation will be investing P5.192 billion for a bioethanol plant in Bago, Negros Occidental. And because of its multi-million investment in the bioethanol project, Canlaon will be receiving six years worth of income tax holiday (ITH), according to Lucita P. Reyes, executive director of the Board of Investments (BOI).
Reyes said [...]

The Clark Development Corporation (CDC) said that it expects the employment at the Clark Freeport Zone to surge this year as operations of new investments starts. The CDC said as early as the end of January 2011, the number of workers in Clark had already grown by an annual 4.7% already.  The Freeport Zone administrator [...]

Because of securing a contract with new clients, and with their existing clients also expanding the services that they outsourced to them, business process outsourcing firm (BPO) Sitel will hiring 4,000 more new employees for its Manila and Baguio Sites.
Sitel recruitment director Joan Laquindanum said they have opened as many as 4,000 positions in one [...]

The Department of Labor and Employment (DOLE) is intensifying their Japanese language training for those wishing to work in Japan. This is part of their initiative to provide more jobs for Filipino nurses there. According to labor secretary Rosalinda Baldoz, there are very few Filipino nurses who are being hired in Japan because of their [...]

A P600-million regional tobacco leaf warehouse was inaugurated recently by Philip Morris Philippines Manufacturing Inc. (PMI) at the Subic Techno Park inside the Subic Freeport Zone. The said facility cements the place of the Philippines as tobacco leaf warehouse hub of Philip Morris in the Asia Pacific region.
Armand C. Arreza, Subic Bay Metropolitan Authority (SBMA) [...]

The real estate subsidiary of conglomerate San Miguel Corp. (SM) is planning to launch soon, the country’s first “underwater hotel.” The said project is part of the four new developments of San Miguel Properties Inc. (SMP) which will start next year, as the company’s foray into the tourism segment begins.

Cognizant, another world-leading company engaged in the technology, consulting and business process outsourcing (BPO) services is expanding its operations in the Philippines. From its present manpower of approximately 200 employees, the company said its planned expansion will accommodate as much as 600 more personnel.
R Chandrasekaran, president and managing director of Global Delivery, Cognizant said, “Within [...]

Convergys Corp., the largest private employer in the Philippines, is planning to hire additional 3,600 new employees as it expands its five existing sites in the country to bring their total number of workforce to 25,000 by the end of 2010. Marife Zamora, country manager of Convergys Philippines, said the expansion is meant to meet [...]