A new laptop line was launched formally in Cebu City by Suzuki Technology. The new laptops promise speed, price and performance to attract the fast growing entry-level market segment.
Not to be mistaken, and has no relation with the motor vehicle brand, the company said it have the international trademark for all IT products. The Singapore-based [...]

Cebu Pacific has announced last Monday of its plan to sell new shares to the public to raise funds of about P12 billion. The announcement was made by Cebu Air Inc., the company that operates the Cebu Pacific Airline.
The company said it planned to list 125.25 million new common shares through an initial public offering [...]

At the Diosdado Macapagal International Airport (DMIA), the construction of the P308-million expansion of the existing terminal is in full blast and it is expected to be operation next month. According to Victor Jose Luciano, president and chief executive officer of Clark International Airport Corp. (CIAC), the newly expanded Terminal 1 will feature two passenger [...]

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 [...]

The Subic Bay Freeport is fast becoming the country’s center of meetings, incentives, conventions and exhibitions (MICE).  This was noted by Department of Tourism Secretary Ace Durano during the opening of the MICECON 2010 held recently.
“Subic opens up a new world for MICE since it offers a very wide array of both man-made and natural [...]

The country’s largest operator of mall chains, SM Prime Holdings Inc., is yet on another expansion as it announced its plan to start the construction of its new shopping mall located within the 240-hectare South Road Properties (SRP) in Cebu 2010.
According to SM Prime chief financial officer Jeffrey Lim, the proposed shopping center will be [...]

Convergys Corp., one of the leading business process outsourcing (BPO) company in the Philippines is gearing up for expansion this year, one of the main reason is that more clients are requesting that their accounts be handled by Philippines sites.
The company is looking to hire about 6,000 more employees this year , nationwide, in order [...]

The dancing inmates from Cebu are once are at the forefront of the world’s attention. As their latest video featuring the song “They Don’t Care About Us” by Michael Jackson. The dancing inmates became an instant YouTube sensation two years ago when they performed their signature song “Thriller” which became a viral hit on the [...]

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.

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 [...]

A business process outsourcing (BPO) company who has open a service center here in country is very happy with the industry’s performance this year that it is looking forward to a brighter prospects next year.
The Aegis People Support, an Indian-owned BPO company is planning to expand in Cebu. Company representatives made the announcement when they [...]

Because of the difficulty in obtaining a franchise from Congress, the Gatchalian Group has temporarily shelved its planned airline business.
Atty. Miguel Varela, one of Gatchalian’s partners in the proposed airline company, told reporters they cannot operate yet because they failed to get a franchise, which is an act of Congress. “It is difficult to get [...]

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) [...]

The Diosdado Macapagal International Airport (DMIA) is being pushed to get the accreditation of the International Organization for Standardization (ISO-9001-2008). DMIA’s operating arm, the Clark International Airport Corporation (CIAC) has started the said campaign to keep in tune with the worldwide industrial and commercial standards.
Getting the certification for ISO-9001-2008 will pave the way for meeting [...]

JP Morgan Chase & Co. (JPMC), an America-based outsourcing firm will opening a call center facility in Asiatown IT Park in Cebu. The company will be putting up a 420-seat center which was said to provide employment to at least 2,520 people in a two-shift cycle.
A five-year lease contract has been recently signed by the [...]

Philippines beaches as an alternative to Hawaii.
This is what the Philippine government is pushing as it tries to promote to Taiwanese tourists Boracay, Palawan, Cebu and Davao, said the Manila Economic and Cultural Office (MECO).

The Aboitiz company’s Metaphil is once again recommended by TUV SUD for certification maintenance of the prestigious ISO 9001:2000 Quality Management System, with design. An ISO certification is sought by most companies because it is a proof of the companies’ adherence to global quality standards and its commitment to its customers, its workers and its [...]

The country’s flag carrier, Philippine Airlines (PAL) and its subsidiary, the budget carrier PAL Express, has a new low-fare, increased-baggage limit promo, which has a catchy tagline – “More or less.”
The “More” means that passengers of the 2 airlines are given an increased baggage limit of 20 kilos from the previous 15 kilos. This free [...]

The North Philippines Tourism and Travel Expo 2009 (NorthPhil) will be held at the Clark Freeport Zone in Angeles City, Pampanga next month. The international event will showcase the best of North Philippines as it aims to highlight the best cultural, historical, environmental and natural attractions and destinations of Northern Luzon and the rest of [...]

The Philippines is getting more investments from other countries. This time, Thailand’s Charoen Pokphand Foods Public Co. Limited is investing an additional $40 million in the Philippines for the expansion of an integrated feed and prawn hatchery and grow-out farms in Luzon.
Charoen Pokphand is Thailand’s leading agro-industrial and food conglomerate.