On March 25 and 26, 2010, the first Renewable Energy Summit will be held at the Sofitel Philippine Plaza. The summit was organized and will be hosted by the First Metro Investment Corporation, in partnership with the World Bank and Asian Development Bank.
The summit will be an annual event and the organizers aim to attract [...]

Emilia Boncodin, the former budget Secretary, was reported to dead on Monday due to cardiac arrest at the National Kidney and Transplant Institute. NKTI executive director Enrique Ona signed on the medical bulleting that Boncodin, 55, passed away at 2:05 p.m.  “She was admitted on March 10 for difficulty of breathing and anemia and was [...]

The University of the Philippines (UP) recognized the works of its 27 artists and art scholars who brought honors to the UP and have contributed to the national development. They were elevated to the rank of UP Artist last month in an awarding ceremony held at the Executive House in UP Diliman.
The university established UP [...]

Cebu Pacific has announced last Monday of its plan to sell new shares to the public to raise funds of about P12 billion. The announcement was made by Cebu Air Inc., the company that operates the Cebu Pacific Airline.
The company said it planned to list 125.25 million new common shares through an initial public offering [...]

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 [...]

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 [...]

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 [...]

The Philippine Business for Business for Social Progress (PBSP) recently celebrated its 39th anniversary celebrations, and in line with its anniversary, the organization welcomed into its roster of members 17 new members, which bring its total tally of corporate partners to 255.
The PBSP is one of the country’s largest umbrella organizations for corporate charity work.

Convergys Corp., one of the leading business process outsourcing (BPO) company in the Philippines is gearing up for expansion this year, one of the main reason is that more clients are requesting that their accounts be handled by Philippines sites.
The company is looking to hire about 6,000 more employees this year , nationwide, in order [...]

On February 8 and 9, the biggest BPO event will be held at the SMX Convention Center in Pasay City. The 10th e-Services Global Sourcing Conference and Exhibition, which the largest ICT/BPO event in the country, is expected to bring in 120 exhibitors and 1,440 trade buyers.
This year’s event will be aiming to surpass the [...]

The SM Group announced recently that they will be opening up to 20 new stores in Metro Manila and surrounding provinces this year for their food retail unit. The company said it will be investing P1 billion to P2 billion for these projects.

The Philippines will once again be host to an international event that will see delegates from different countries coming here next month. The event is called the Philippine MICE Conference (MICE stands for meetings, incentives, conventions and exhibitions) and it will be attended to by different tourism leaders worldwide.  It will be held at the [...]

In the year 2010, the business process outsourcing (BPO) sector, is seen to continue growing as it marks its 10th year in the Philippines. For this year, BPO is expected to earn at least $11 billion and continue employing over one million people in the country. But while the sector is optimistic, it also needs [...]

The applications of the more than 10,000 World War II Filipino and Filipino-American veterans have been approved by the US Embassy’s Veterans Affairs Office. This gives them part of the P5.8-billion budget allocated for this purpose.

The Terminator will visit the Philippines next year, but he won’t be here to promote nor shoot any film. Instead, the California Governor will be leading a group of US business delegation who will visit the country in February as part of the government’s marketing efforts to expand the market of Philippine exports and industries.

And so President Gloria Macapagal-Arroyo’s trip to Copenhagen, Denmark seems to be fruitful. If the said pledges amounting to $380 million (P17.67 billion) in foreign funding for environment-related projects and programs in the Philippines would materialize.

Because of the imminent danger posed by the continuous activity of the Mayon Volcano, the provincial board of Albay placed the province under a state of calamity by noon of Thursday. This is to allow the local government to spend 5% of its budget for relief and other operational expenses in connection with the anticipated [...]

The Department of Energy (DOE) has started accepting proposals for the bidding of the nine geothermal areas offered under the latest Philippine Energy Contracting Round (PECR). At least 10 local and foreign groups have already been pre-qualified.
According to Mario Marasigan, DOE assistant secretary, they are evaluating the submitted proposals at present to verify if they [...]

Last December 7, the yearend celebration in which Hyundai Asia Resources, Inc. (HARI) was a part of, was held at the A. Venue Hall in Makati City. It was an event where HARI capped 2009 with a bang at the 2nd annual Media Noche Choral Festival where three groups from their media partners vied for [...]

For the last 15 months, the peso was pegged at its strongest level after the closing at 46 to $1 on Friday. This was mainly attributed to steady growth of overseas Filipino workers (OFWs) remittances and stable consumer prices.