Archive for the ‘Global Filipino’ Category

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]

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.

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 [...]

Splash reported 500-percent growth in 2010 profit

Posted on April 12th, 2011 by Roy

Splash Corporation reported its profit up to 500 percent to P144 million in 2010 from P23.74 million in 2009. The leading personal care manufacturer reported to the Philippine Stock Exchange that its big financial figures last year can be attributed to its strong performance across all its business segments – domestic, international and direct selling.
Splash [...]

DOLE to conduct job fair on Labor Day

Posted on April 11th, 2011 by Roy

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 [...]