Archive for the ‘Predictions and Forecast’ Category

Predictions for Rat in the Year of the Dragon 2012

Posted on September 19th, 2011 by PinoyBusiness

Now, let’s begin the predictions for the people born in the year of the Rat in  the year of the dragon this coming 2012. The rat is known to be hard-working at all times. These people have all their ears in to details. The motivation comes from within because of the ambitions rooted from their [...]

2012 Year of the Dragon Predictions

Posted on September 19th, 2011 by PinoyBusiness

2012 is the Year of the Dragon in the Chinese Feng Shui. In these coming articles, we will be discussing some forecasts and predictions for the Dragon’s year. It is the mightiest among all the signs of Chinese Astrology namely:
The Rat
The Ox
The Tiger
The Rabbit
The Dragon
The Snake
The Horse
The Goat or Ram
The Monkey
The Rooster
The Dog
The Pig

People born [...]

Philippine-China trade and conference fair set on June

Posted on April 30th, 2011 by Roy

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 [...]

China auto company to open manufacturing facility in the Philippines

Posted on April 24th, 2011 by Roy

Chery Automobile Ltd. announced it will build a manufacturing facility in the Philippines which will be the company’s left hand drive manufacturing hub in the Southeast Asia. Chery Philippines sales marketing manager Raymond Tribdino said the manufacturing facility will be constructed in the next three years. He said, aside from serving the local market, the [...]

Department of Energy warns of another oil price increase

Posted on April 15th, 2011 by Roy

While drivers are still waiting for the issuance of their “smartcard” which would allow them to avail of fuel subsidy, the Department of Energy announced that motorists should again brace themselves for another possible round of petroleum price increase next week. The increase was said to be brought about by the cost of the crude [...]

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 [...]

Philvocs wants people out of the Taal Volcano area

Posted on April 12th, 2011 by Roy

The Philippine Institute of Volcanology and Seismology (Philvocs) urged the local government of Batangas City to start drawing up long-term relocation plans for residents near Taal Volcano and issued a warning that the entire volcano island could be “obliterated” in case an eruption occurs.
Philvocs director Renato Solidum said during a meeting with the Disaster Risk [...]

Philippines bans chocolate milk from Japan

Posted on March 24th, 2011 by Roy

The country temporarily bans chocolate milk products from Japan after the March 11 earthquake, although it was just a verbal order issued by Bureau of Animal Industry (BAI) Director Efren Nuestro. Philippines joins other countries like Russia, Canada, Australia and Singapore, among the list of countries which banned Japanese food imports as radioactive steam wafted [...]

PSE to launch Maharlika Board by September 2011

Posted on March 22nd, 2011 by Roy

“Maharlika Board” or a separate trading board for the Philippines companies that comply with high governance standards is being planned by the Philippine Stock Exchange (PSE). If plans push through, the “Maharlika Board,” which will be the first of its kind in Asia, will start on September this year. It is part of the government’s [...]

SkyCable earmarked P1.5B for its 2011 capex

Posted on March 22nd, 2011 by Roy

SkyCable allotted P1.5 billion funds for its capital expenditure for 2011 for its Cable Television (CATV) business. Half of the said amount will be used for the roll-out of its digital TV service nationwide and the other half for boosting its broadband subscriber growth, according to company marketing head Rodrigo Montinola.
A subsidiary of network giant [...]

Nenaco optimistic to hit a P1B income this year

Posted on March 16th, 2011 by Roy

The Negros Navigation Co., Inc. is expecting to end up with a net income of P1 billion for 2011. A complete turnaround from its previous result last year when it ended up with loss of half a billion.
Nenaco president and chief executive officer Sulficio Tagud said that this is on the back of projected consolidated [...]

Government officials said Philippines is safe from Japan nuclear meltdown

Posted on March 13th, 2011 by Roy

In a worst-case scenario, any radioactive cloud from Japan will not affect the Philippines, according to Science and Technology Secretary Mario Montejo. Philippine Nuclear Research Institute director Alumanda de la Rosa said, “For the Philippines right now, there is no significant effect, but we are monitoring the situation so we can advice officials on what [...]

More employment opportunities in Clark this year

Posted on February 23rd, 2011 by Roy

The Clark Development Corporation (CDC) said that it expects the employment at the Clark Freeport Zone to surge this year as operations of new investments starts. The CDC said as early as the end of January 2011, the number of workers in Clark had already grown by an annual 4.7% already.  The Freeport Zone administrator [...]

Manulife projects 40% growth of its Philippine business

Posted on May 25th, 2010 by Roy

Manulife is expecting its business in the Philippines to grow in 2010 by 30 to 40 percent. The Canadian insurer is basing its projection in terms of premiums and beat industry’s growth forecast.
The said projection was feasible, according to president and chief executive officer of Manulife Philippines Indren Naidoo, saying that they are stepping up [...]

Competing cigarette companies in RP combined

Posted on February 24th, 2010 by Roy

Philip Morris International, Inc. (PMPI) joined forces with Philippine a cigarette company forming one big corporation that will control about 90 percent of the country’s lucrative cigarette market. The US-based tobacco giant formed a new company with local rival Fortune Tobacco Corp. (FTC), which is owned by Chinese-Filipino tycoon Lucio Tan.

More banks to offer renminbi-denominated products in the Philippines

Posted on January 18th, 2010 by Roy

Because of the increasing volume of transactions in the Philippines, many banks in the Philippines are planning to offer products and services denominated in Chinese yuan or renminbi to their clients in the near future. According to Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr., these banks are looking to offer renminbi-denominated products and [...]

BPO sector prepares for the challenge of the new decade

Posted on January 16th, 2010 by Roy

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 to build the biggest shopping mall in Visayas and Mindanao

Posted on January 16th, 2010 by Roy

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.

Lower chicken prices expected next month

Posted on January 12th, 2010 by Roy

A good news, for a breather. Consumers can expect to buy chickens at a lower price next, a supermarket group said, because of the expected increase in supply. From the present suggested retail price (SRP) of P130 per kilo, a five percent reduction will bring it down to P123.50 per kilo, or a savings of [...]

More jobs in the US this year – POEA

Posted on January 2nd, 2010 by Roy

New report from the Philippine Overseas Employment Administration (POEA) said there will be a demand for more workers in the construction and oil industries in the United States this year. Hans Leo Cacdac, POEA deputy administrator said that the US government is opening its doors once again to foreign workers. More than a year after [...]