SM Investments Corp. (SMIC) is currently having talks with some foreign companies to operate the planned gaming facilities within the Mall of Asia complex in Pasig City.
Reports said SMIC, Asia Pacific Gaming of Australia, and a US-based casino operator held exploratory talks for a possible partnership in the proposed gaming facility. Jose T. Sio, SMIC [...]

Peping and Joy de Villa were enjoying success in their high-end garments business until 1997, when imported garments from China, Bangkok and many other sources came to the country and sold in various ukay-ukays. They were forced to close shop in April 1997 because they find it hard to compete with these items, which were [...]

The Philippine Amusement and Gaming Corporation (PAGCOR) is undertaking a massive project which could the next biggest tourism development in Asia. Its investors reiterated, and assured, their commitment to this project which is the Bagong Nayong Pilipino – Entertainment City Manila, and promised to do their part to ensure the success of the project.
Representatives of [...]

There is an ongoing online public service campaign for all Filipino workers in the CNMI (Commonwealth of the Northern Mariana Islands) to renew their membership to the Overseas Workers Welfare Administration (OWWA). This campaign is initiated by Paul Madriaga, the internal vice president of the United Filipino Organizations in the CNMI.
The campaign was prompted by [...]

Can a regular wage earner afford to live in a condominium? With a new project that will be undertaken by Metro Manila-based developer Phinma Properties, this could be a possibility. That is because they are molding all their projects based on the capacity of an average wage earner.
They will be starting soon on a new [...]

More projects are being undertaken by private groups to further cultivate, develop, enhance and commercialize renewable energy. These projects once fully developed and in commercial use, will help the Philippines be free from its dependency on oil-producing countries.
The latest project that is being undertaken to handle renewable energy utilization is a joint venture between local [...]

While some multinational companies in the Philippine soil are either downsizing or closing, universal bank Banco De Oro (BDO) is expanding. It was able to raisedP3 billion in fresh funds from sale of debt notes qualifying as tier 2 or supplementary capital.
BDO, who is led by Henry Sy, owner of the SM mall chains, is [...]

Investors and inventors are good in strategic planning. Their ideas are so wide that they can think of the solution for a problem in just a snap of a finger. Well, this may be also brought by his experiences that developed his expertise in his field. But the problem with these people is they tend [...]

The Philippine boxing hero Manny “Pacman” Pacquiao has added yet another title to his name and that is being a gasoline station owner, as he is the dealer partner of the Phoenix Petroleum Philippines, Inc.’s 100th gasoline station which opened recently in General Santos City.
Phoenix president and chief executive Dennis Uy said that Pacquiao’s confidence [...]

P3,000 money to spare for capital and a bored couple seem to make a very successful business combination. This is the story of Roberto Cabrera, 62 and his wife Vilma, 60 who ventured into handicraft in 1988 just because they were bored and are no longer happy in managing their small retail. According to them, [...]

Investor’s visa to the United States come in other forms than the 5th Preference employment-based category which requires an investment of one million dollars. This particular type of visa requires an investment of one million dollars. Pretty hefty for a Filipino investor. There is actually another type called E visa that does not require this [...]

Despite the current financial slack that has adversely affected most industries from manufacturing to banking, the call center industry is still expanding. Recruiters for call centers and outsourcing providers in the Philippines are still at work looking for talents who can meet the demand. In fact, according to Gigi Virata, research chief of the Business [...]

In the Philippine corporate world, shares of stock are traded and transferred everyday from one hand to another, whether in the stock exchange by public trading, or through private transactions. We are going to discuss transfer of shares not traded nor listed in the stock exchange.
First off, certain documentary requirements need to be met in [...]

In President Gloria Macapagal-Arroyo’s State of the Nation Address, she mentioned that jobs in the next years must be generated. But a year after her SONA, results from Statistics seem to be in opposition with her statement.
A recorded 7.3 million underemployed and 2.7 million unemployed Filipinos in July shows that the President’s promise is [...]

The Malacañang needs to consider tweaking taxes and its incentives system if it wants to address investor concerns regarding the country’s poor infrastructure.
This was according to Reza Beqir, a resident representative of the International Monetary Fund or IMF, on the occasion of the release of a UN report pointing to a low performing Philippines.
Mr. Baqir [...]

Several people have invested into the clean, renewable energy in recent years. During the year of 2007, global wind energy capacity grew by 27% and solar energy sales grew an estimated of 50%.
A report coming from the Ernst & Young offers insight into where future growth is likely to occur by examining a variety [...]

According to Thomas Harpointner, “businesses already have cut back on postal use, the rate increase is making the press but now, they are raising the rates annually.”
E-mail, is being used to virtually every type of business. But there are some things that cannot be sent through e-mail so, is there a way for those types [...]

People act as a co-maker or guarantor of a loan for various reasons. But mostly it is either they are being asked by a friend who is in dire need of the loan and they can’t say no, or it is because they are really ignorant as far as their participation or liability in the [...]

Good news to all young entrepreneurs! Once passed into law in the House of Representatives, House Bills 5468 will require banks to allot five percent of their loanable funds to young entrepreneurs. This is done to encourage entrepreneurship among the youths.
This bill also grants college students and new graduates access to a financial window which [...]

Children are a great target market, that’s why most businesses’ marketing efforts are geared towards them. This is most especially true this coming Christmas season, as children are expecting to receive gifts in this time. Absorbing the impact of these marketing ploy are the parents, who oftentimes give in to their children’s nagging for various [...]