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 [...]

A Chinese company is looking to invest in the renewable energy in the Philippines. The Wahaha Group Co. Ltd. is mulling to add to its investment in the country, an ethanol plant. The company earlier announced its interest for a joint venture in a fruit juice processing plant.
Mariz Agbon, president of the Philippine Agribusiness Development [...]

Filipino champion and undisputed pound-for-pound king, Manny Pacquiao defeated opponent Ghanian Joshua Clottey in a match that went down the stretch. Pacquiao retained his World Boxing Organization Welterweight title after winning via unanimous decision in what was described by many tweets as “one of the most boring boxing match.”
“I controlled the fight after the first [...]

The Bureau of Immigration (BI) announced that as an added incentive, foreign investors visiting the Freeport zones in the country – Clark, Pampanga and Subic, Zambalez, can avail of the government’s “visa-free” program.
An agreement was signed recently by BI Commissioner Marcelino Libanan with Subic Bay Metropolitan Authority (SBMA) administrator Armand Arreza and Clark Development Corp. [...]

At the Diosdado Macapagal International Airport (DMIA), the construction of the P308-million expansion of the existing terminal is in full blast and it is expected to be operation next month. According to Victor Jose Luciano, president and chief executive officer of Clark International Airport Corp. (CIAC), the newly expanded Terminal 1 will feature two passenger [...]

The Department of Foreign Affairs (DFA) will be transferring at the new state-of-the-art consular buildings at Aseana Business Park on Macapagal Avenue in Pasay City starting on March 4. It will first transfer the authentication services on the said date, while all other passport operations will be there too starting March 8.
Applicants for Philippine passports [...]

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 [...]

After long-delayed listing of its share in local stock market, Yehey! Corp. still wants to pursue its plan of getting listed in the Philippine Stock Exchange (PSE). Should they get listed, Yehey! would the third firm this to get listed by way of introduction this year.
Edmundo P. Bunyi, Jr., president and chief operating officer of [...]

Salmat, an Australia-based business process outsourcing firm has been in the country since 1996, but company general manager of strategy Philip Hadcroft said they were doing mostly transactional services that served on the Philippine market.
Now, the Salmat has decided to put up an 800-seat facility at McKinley Hill in Taguig City, their first major investment [...]

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 country’s largest operator of mall chains, SM Prime Holdings Inc., is yet on another expansion as it announced its plan to start the construction of its new shopping mall located within the 240-hectare South Road Properties (SRP) in Cebu 2010.
According to SM Prime chief financial officer Jeffrey Lim, the proposed shopping center will be [...]

A new business process outsourcing (BPO) firm has chosen the Philippines as the location of its latest service center. US-based Cybernet-Slash Support (CSS) recently opened its 1,000-seat facility in Taguig, its first Philippine site and currently has 400 employees. CSS said the new facility will be used for the company’s outbound sales, technology and other [...]

Philippine billiard icon Efren “Bata” Reyes is once again at the top of the world as he emerged as the winner of the Fat Boy 10-Ball Challenge held at the Horseshoe Casino and Hotel in Indiana, USA. Bata defeated hometown hero Brandon Shuff into a virtual workout as finished with 15-8.
Bata was in full control [...]

The dancing inmates from Cebu are once are at the forefront of the world’s attention. As their latest video featuring the song “They Don’t Care About Us” by Michael Jackson. The dancing inmates became an instant YouTube sensation two years ago when they performed their signature song “Thriller” which became a viral hit on the [...]

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 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 [...]

The Philippine flag-carrier, the Philippine Airlines (PAL) will be resuming its service to Riyadh, Saudi Arabia on March 28, 2010, after four years its absence in the said city. The PAL decided to bring back its flight to Riyadh in response to the clamor of more than two million Filipino Overseas Worker (OFW) communities in [...]

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 [...]

SM Prime Holdings Inc. (SMPHI), member of the SM group companies, the largest mall chain in the country today, will soon be building the biggest shopping mall in the Visayas and Mindanao. In three years’ time, the P2-billion land deal between SMPHI and the city of Cebu is expected to be finished.