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 [...]

Mobile service provider Globe Telecom is investing $500 million to improve the quality and capacity of its mobile network infrastructure throughout the country. Company officials said the network quality will be top priority of Globe this year.
As part of the company’s network transformation program, Globe is making one of its biggest network investments in quality [...]

A new technology that will produce natural and eco-friendly dyes was developed by the Philippine Textile Research and Institute (PTR1) of the Department of Science and Technology (DOST).
The use of natural dyes was nearly forgotten when synthetic dyes were introduced in the market. Fortunately, many people are now becoming more and more conscious, and concern, [...]

Because of the electricity shortage brought on by a long drought, the government will ask malls to shut down to help alleviate the effect of the shortage. The government said it will be asking shopping mall, as well as some factories to consider shutting down operations for several days in order to ensure the uninterrupted [...]

Local banks have agreed to help raise and lend the Panay Energy Development Corp. (PEDC) P14-billion for its construction of a 164-megawatt coal-fired power plant in La Paz, Iloilo City. The Panay Energy is owned by George Ty’s Metrobank group, and the loans were arranged by First Metro Investment Corp. (FMIC), the investment banking arm [...]

On February 8 and 9, the biggest BPO event will be held at the SMX Convention Center in Pasay City. The 10th e-Services Global Sourcing Conference and Exhibition, which the largest ICT/BPO event in the country, is expected to bring in 120 exhibitors and 1,440 trade buyers.
This year’s event will be aiming to surpass the [...]

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 [...]

A Singaporean firm is planning to invest $7.5 million in a local gaming company. Straitwey, a Singapore-registered company who is a wholly owned subsidiary of the Japan Gaming Development Organization (JGDO) and is the investment entity used by JGDO to invest into projects within the gaming industry, is investing the $7.6 million in the primary [...]

Our local animators have already proven themselves in the international arena, and their works have sought by many big international animation film companies. Now, they are hoping that Filipino animators would gain an even bigger spot on the world animation map.
The Animation Council of the Philippines Inc. (ACPI) is advocating “creative process outsourcing” CPO and [...]

The Kepco SPC Power Corp. (KSPC), a joint venture between Korea Electric Power Corp. and SPC Power Corp, acquired a loan from the Asian Development Bank (ADB) for the construction of a major power plant in the Visayas.
The ADB has approved the grant of $120-million 12-year term loan for the construction of a 200-megawatt (MW) [...]

MoneyGram International and Smart Communications, Inc. tied up to provide families of overseas Filipino workers (OFWs) the convenience of wireless “wallet” service. OFWs may now send their remittances to their families in the Philippines faster through the facility which is likened to a “cross border wallet service.”

Easycall Communicates Philippines Inc., the former paging leader in the Philippines, gets a boost from local technology firm Global E-Business Solutions Inc. as the company hiked its stake in Easycall to push it to pursue ventures in the wireless broadband Internet sector.
In their disclosure to the Philippine Stock Exchange (PSE), Easycall said that its board [...]

Because of the continuous growth of the business process outsourcing (BPO) industry in the Philippines, so are the related businesses and products that go along with them. One of them is the headset, particularly the blue-tooth headset.
GN Netcom, Denmark-based and the world’s largest manufacturer of hearing aids and headsets, is very much aware of this [...]

Because of the continuing growth of technology-based industries in the Philippines, and the support that they get from the government, computing giant IBM plans to pour more investments in the country. IBM developer relations general manager James Corgel said the Philippines, particularly Quezon City, was one of the only 40 locations worldwide which was chosen [...]

The bidding for the last set of management contracts for National Power Corp. (Napocor) assets to be auctioned off this year has been set on December 15 by the Power Sector Assets and Liabilities Management Corp. (PSALM).

Here’s another first from the Smart Communications, the country’s leading wireless services provider. The company launched recently the beta phase of its mobile email, the first daily flat-rate, unlimited push email solution in the country.

Chikka Holdings Ltd., the pioneer of free web-based PC-to-phone instant messaging system in the country will be acquired by the leading wireless provider Smart Communications, in a transaction that is expected to be completed next month.

A new and improved myDSL service which was designed for business use was launched last week by the Philippine Long Distance Telephone Co. (PLDT). The new service was geared specifically for the small and medium enterprise (SME) segment.

The country’s leading provider of voice, data and video telecommunication services, Philippine Long Distance Telephone Company (PLDT), has opened its fifth Innovation Laboratory at the Subic Bay Freeport Zone. The P20-million Innolab facility was built to help boost the information technology (IT) sector in the ecozone.
The four other Innolab sites of PLDT in the Philippines [...]

the Shell Philippines Exploration B.V. (SPEX) is looking to invest an additional $80 million for the drilling of additional well under the Service Contract (SC) 38, also known as the Malampaya deep water gas-to-power project in Northwest Palawan. This was reported by Shell country chairman who said that the company would be pouring in additional [...]