IBM Philippines, Inc. is keen on expanding its presence on Philippine soil. It is currently having negotiations with the Department of Science and Technology (DoST) for a possible partnership in putting up research and development (R & D) centers in strategic locations around the country.

A stricter “No Smoking” policy in public places will be implemented in Metro Manila starting Monday and the Metro Manila Development Authority (MMDA) will see to it that it will be imposed.

The Department of Trade and Industry (DTI) will bring business caravan to Antique. The DTI has chosen the province to be one of the sites for the Small and Medium Enterprises (SME) caravan which is slated on the 26th and 27th day of this month.
The trade department is encouraging businesses falling under the category of [...]

A United Kingdom company is offering the Philippines its power solution to help avoid power disruptions in the country.
The British Embassy in Manila said Aggreko, a developer of power solutions, will be coming in the country next week to make a presentation of its product. The embassy said the company’s expertise could help address the [...]

After a series of boo-boo’s from the previous fights of Manny Pacquiao, the National Historical Institute (NHI) finally gave a thumbs up to the rendition of the Philippine National Anthem.
International singing sensation Charice Pempengco sang Lupang Hinirang before Pacquiao’s fight with Shane Mosley in Las Vegas, Nevada last May 8. Charice was personally picked by [...]

Private employees from Metro Manila will receive and additional P22 in their cost-of-living allowance (COLA) per day, in lieu of a wage increase. The Regional Tripartite Wages and Productivity Board-National Capital Region (RTWPB-NCR) approved Wage Order No. 16 increasing the COLA of employees. This will take effect 15 days after its publication on the daily [...]

Major oil player Pilipinas Shell Petroleum Corporation is preparing 200 gasoline stations nationwide to serve as jeepney lanes for the fuel subsidy program of the government, with issuance of the fuel discount card’s under the “Pantawid Pasada” program already underway.

A mix of wage and non-wage benefits for the country’s workforce was announced by President Benigno “Noynoy” Aquino III on Labor Day.
The president said over a million government workers can receive another salary increase in June, or a month earlier than schedule, due to the government’s prudent fiscal management. For the private sector, he gave [...]

Trainer Freddie Roach declared that his prized fighter Manny “Pacman” Pacquiao could very well be the first boxer to knockout former five-time world champ “Sugar” Shane Mosley on their May 7 fight at the MGM Grand Arena in Las Vegas.
Roach said that Pacquiao is in tip-top shape and said he is 100 percent ready for [...]

The Diskwento Caravan (Discount Caravan) will soon roll out to areas outside Metro Manila to bring cheaper goods to more Filipino consumers.
Department of Trade and Industry (DTI) secretary Gregory L. Domingo said, “We also want consumers in various regions to experience the reduced prices of goods sold at the caravan which Metro Manila residents were [...]

The China Council for the Promotion of International Trade (CCPIT)-Guangzhou and Philippine Chamber of Commerce and Industry (PCCI) recently signed a cooperation agreement to co-organize the Manila-Guangzhou Trade and Investment Conference slated to be held on June.
The event, which is aimed to further boost the Philippine-China trade and investment relations, is expected to gather around [...]

The Aboitiz Power Corporation offered to invest P25 billion to jumpstart construction of its proposed 300-megawatt coal-fired power facility in Davao, with the said investment coming from its internally-generated cash. “To save time, Aboitiz Power is ready to invest its own fund, amounting to P25 billion instead of seeking financing from other institutions to [...]

The Philippine Long Distance Telephone Co. (PLDT) said the claim of Globe Telecom that the deal between PLDT and Digital Telecommuncations Phil. Inc. (Digitel) would result into the monopoly of the telecom industry is only Globe’s way of protecting its interest at the public’s expense. PLDT criticized Globe’s effort to stop the deal that would [...]

Lufthansa Technik Philippines (LTP) plans to expand its facility in Manila in order to increase the variety of aircraft it can serve, including the Airbus A380, which the world’s largest passenger plane. The Airbus A320, designed for short to mid-range flights, is among the most-used aircraft by local airlines and is ideal for trips to [...]

The Philippine government believes that the country deserves a better credit rating, that is why it is wooing the three major credit rating agencies for an upgrade in its credit scores, amid the improving fiscal situation and external liquidity.
The three credit rating agencies – Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s (S&P), were [...]

The much anticipated announcement on Labor Day will not be heard this coming May 1. Secretary Rosalinda Baldoz of the Department of Labor and Employment (DOLE) clarified that there will be no announcement of wage increase on May, despite Malacañang’s pronouncement before that it is coming out with a Labor Day gift to help workers [...]

Pancake House Inc. reported a net income of P73.66 million for 2010, a figure which more than doubled the P35.56 million it posted in 2009. The Lorenzo-owned casual dining restaurant chain attributed the growth to its outlet consolidation and realignment of resources to profit-generating activities.
The company also owns and operates various other restaurant brands, aside [...]

The Nestlé Prize in Creating Shared Value is open for nominations. The award, which is open globally, aims to recognize an individual, non-government organization, or small enterprise working in the field of nutrition, water, or rural development. The nomination will be open until June 30, 2011.
The Nestlé Prize in Creating Shared Value was launched in [...]

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 [...]

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 [...]