DHL has undoubtedly earned the reputation of being the world’s leading express and logistics company because of its efficient and reliable customer service. This has been made even better by providing customers the access to check and monitor their shipments online and in real time.
Introducing DHL ProViewTM,  a web-based tool that will allow customers  to [...]

Another big company that will be closing down anytime soon is cement giant Holcim Philippines Inc. Although this one may not entirely be due to the global financial crunch, but rather because of local condition. Demand for Holcim cement, according to sources continues to weaken.
But the shut down will only be temporary, as it will [...]

After the news of Intel Technology Philippines, Inc. closure spread in the leading newspapers, causing 1,800 employees to lose their jobs, another major company has also signified intention of closing down as an effect of the global recession.
The company, Pilipinas Kao has served notice of its plan to temporary shut down their operations due to [...]

We have seen the effects of recession in the world now. The effects on the prices of commodities to the economy. Let’s go deeper on its effects. Let’s go back to the basic. The basic that defines the prices and the economy of the world, the Oil.
The drop on the prices of oil defines the [...]

Seaweed farming is getting a boost as China continues to buy more seaweed from Mindanao. What was merely just a P35 per kilo product, the price of seaweed has soared to P110 per kilo as China increased the demand for the said product. Ronald Simbajon, a marine biologist one of the presenters in the Mindanao [...]

Philippines is among the top five producers of fresh bananas in the world. Our fresh bananas are exported mostly to Japan, China, Korea, Taiwan, as well as the Middle East. That is why banana is the country’s prime fruit commodity in terms of their commercial value and the size of the area they are planted.
Yet [...]

Evelyn Ibay’s business success came in silver lining, in sterling one that is. And in her case, that sterling silver lining towards success was a literal one.
Maybe it is plays second only to vegetable farming, but silversmithing is a large industry in Benguet. In fact, the province has evolved as the center for home-based silver [...]

In recent news, Hong Kong officials say that they have found high levels of melamine in a batch of eggs imported from China, the same industrial chemical that has been found in milk supplies exported by the same country.
This adds to a growing list of products found to be tainted with melamine which indicates that [...]

Theirs was one setback after another, for others they could have given up and call it quits easily. But for couples Pete and Cathy Delantar, the saying “when the going gets tough, the tough gets going” was their battle cry.
And the couple was able to rebound with the help of a pile of twigs, branches, [...]

With the onslaught of global financial crisis, foreign companies are now pulling out their investments in developed nations and looking for alternative sites in other countries to set up businesses in order to reduce costs. This is according to Sergio Ortiz-Luis, chairman of the Philippine Chamber of Commerce and Industry, who believes that the current [...]

If it is stayed long enough, the crisis can seep into the Philippines economy. Exports of the Philippines are heavily affected if the market economy in the USA freezes. Mass lay off may occur if companies continue to shut down in America. Without jobs or lower pay, Americans cannot afford caregivers or maids and with [...]

“As it competes to more prosperous Asian neighbors and facing global financial crisis, Philippines should need to upgrade its business climate to allure foreign investors in investing in our homeland,” said by an international think tank.
Southeast Asia of the Economist Intelligence Unit director, Justin Wood said that the Philippine investment climate is “too dubious, too [...]

Don’t look now, the global economic crisis affects the Philippines in more ways than we can think of. Specifically, our Overseas Filipino Workers (OFWs) are facing fears of losing their jobs amidst this crisis.
Christy Arciaga, a Filipino maid, does not own any shares but her businessman employer does. And according to her, he has become [...]

With over 95% of the country’s transport is running on fuel, Philippines is heavily dependent on imported oil and we are affected by the global rising of prices.
Compressed Natural Gas (CNG), a clean and cheap fuel for public vehicles will be encouraged to use by the government officials. Infrastructure and delivery stations are said to [...]

Wow! The Philippines stands to earn $1 billion in 2010! All these coming from a single industry, which is the software industry. And this is because of the export of our software. Although this really isn’t coming as a surprise because Filipinos are really a notch higher when it to information technology compared to neighboring [...]