Peso pegged at P46 on Friday’s closing

Posted on December 4th, 2009 by Roy

For the last 15 months, the peso was pegged at its strongest level after the closing at 46 to $1 on Friday. This was mainly attributed to steady growth of overseas Filipino workers (OFWs) remittances and stable consumer prices.

AXA Philippines’ new insurance campaign

Posted on December 2nd, 2009 by Roy

A new brand spirit campaign has been launched recently by Axa Philippines. The new campaign hopes to redefine the meaning of insurance for Filipinos.
Axa president and chief executive officer Rien Hermans said in a press statement that the campaign is aimed at changing the common notion of people with insurance. Most Filipinos associate insurance with [...]

Villar chooses Legarda as running mate

Posted on November 17th, 2009 by Roy

Nacionalista Party (NP) presidential bet, Senator Manny Villar, now also has a running mate. Teaming up with Villar to run as vice president is no other than Senator Loren Legarda of the Nacionalist People’s Coalition (NPC). The team-up of the two senators was officially announced last Monday at the historic Laurel House in Mandaluyong City.

“Hot jobs” for 2010

Posted on November 15th, 2009 by Roy

JobsDB.com, one the premier online jobs search website came up with the “hot” jobs that Filipinos should apply for 2010. These include nursing, accounting, teaching, and even dog-handling. According to Jayjay Viray, managing director of JobsDB.com, while nurses and accountants continue to be in demand next year, other not-so-popular, but surprisingly high-paying jobs should also [...]

Sucess from a secret halo-halo recipe

Posted on November 14th, 2009 by Roy

His halo-halo business literally brings him called “cold cash.”
Xavier Mercado, a 28-year old entrepreneur from Iloilo, built his restaurant on a secret Ilokano recipe for halo-halo. “I love halo-halo, I consider it as one of the best desserts ever,” Mercado said.
His love story with halo-halo, a favorite summer concoction of Filipinos, started when he was [...]

Manny Villar on Wowowee

Posted on November 14th, 2009 by Roy

“Kung tutulong kayo, ngayon na!”
These were the words of presidential aspirant, Senator Manny Villar, during his visit at the Wowowee  last July 25, together with his daughter. Picking up from the senator’s cue, the show’s host Willie Revillame put him on the spot by saying, “Kaya nyo bang bigyan itong anim na ito nang house [...]

Employment expo aims to prioritize typhoon victims

Posted on October 16th, 2009 by Roy

On October 22, a job fair will be held at Market! Market! Mall in Taguig, where foreign-owned firms will join the employment expo will be opening their door to Filipinos. Victims of the previous storm Ondoy and typhoon Pepeng will be given priority in the said event.
About 3,000 jobs will be made available at the [...]

P12 billion calamity fund approved by Senate

Posted on October 15th, 2009 by Roy

The senate approves last Wednesday a P12 billion supplemental budget calamity fund. This would allow the government to better implement its relief and rehabilitation efforts for the victims of Ondoy and Pepeng.
The senators passed joint resolution no. 34 with amendments that included the creation of a joint oversight Congressional committee to monitor the spending of [...]

Extended working hours for Comelec implemented

Posted on October 8th, 2009 by Roy

Because of the clamor of many Filipinos, especially who are working and cannot register during regular working hours, a resolution has been approved recently by the Commission on Election extending its working hours. In the resolution that was approved last Tuesday, the Comelec ordered all poll offices nationwide to stay open and provide services until [...]

Shell won’t raise prices of LPG, lubricants this month

Posted on October 2nd, 2009 by Roy

In spite of the increase of prices in the world market, Pilipinas Shell Petroleum Corp. said it will not increase prices of its lubricant products and its Shellane cooking gas for the month. Shell country chairman Edgar Chua said this is a part of the company’s effort to provide temporary relief for the victims of [...]

More Filipino now buys generic drugs says DOH

Posted on September 26th, 2009 by Roy

The Department of Health (DOH) reported that more and more Filipinos are buying generics drugs. The news was reported by DOH secretary Francisco Duque III who said that 6 out of 10 Filipinos are now opting for generic medicines over the more expensive branded counterparts.

DFA warns OFWs in Austria vs text scams

Posted on September 24th, 2009 by Roy

Text scams informing the recipient of winning big money in a lottery that he never joined is no longer exclusive to Filipinos here in the Philippines. Perpetrators of this text scams are also targeting overseas Filipino workers.
The Department of Foreign Affairs (DFA) warned OFWs in Austria, as well as in other countries, to be wary [...]

Philippines, hopeful of an increase in rubber production

Posted on September 22nd, 2009 by Roy

In the Philippines, natural rubber production remains an emerging industry even though the country started growing trees at around the same time as Thailand, Indonesia, and Malaysia. These three countries at present supplies 75 percent of the world’s rubber requirement.
This year though, the Philippines is hopeful that there will be an increase in the country’s [...]

OneWebDay celebrations reached Philippines

Posted on September 21st, 2009 by Roy

OneWebDay started out as a volunteer activity in 2006 by Susan Crawford, a former member of the Internet Corporation for Assigned Names and Numbers (ICANN). This year, the OneWebDay celebration has reached the Philippine shores. Businesses and individuals are putting a “bayanihan” twist to spreading Internet use as the country joins OneWebDay celebrations for the [...]

Consider poultry contract breeding as a sound investment

Posted on September 15th, 2009 by Roy

One sound investment that entrepreneurs might want to look into these days is joining the San Miguel Food Inc.’s (SMFI) roster of Poultry Contract Breeders and Growers. Being in the company of an elite team delivering the Magnolia Fresh Chicken to Filipinos is definitely a good option.
Take Ofel Dator’s word for it. Dator, owner of [...]

Bowling tournament in Austria raised funds to send Filipino children to school

Posted on September 10th, 2009 by Roy

Babaylan Austria is a group of Filipino women based in Austria. It was formed in 1996 and its objective is to promote Filipino women’s empowerment and ensure the members full participation in the development processes through sharing of experiences, information and resources.

Philippines-Angola joint coffee research and development project

Posted on September 10th, 2009 by Roy

A bright prospect for the Philippine coffee industry looms in the horizon, as the country might get new coffee varieties in a joint coffee project with Angola.
Flavio Fonseca, ambassador of the Republic of Angola said, “Our intention is to promote the increase in coffee production. We are identifying new areas for a development cooperation between [...]

Yahoo! Philippines new General Manager

Posted on August 29th, 2009 by Roy

After spending the last nine years of his career in senior leadership roles with some of the most well-known companies in the country, which include the position of Managing Director for Ayala Corporation and later the Managing Director for MTV Philippines, Jack Madrid is now the new General Manager of Yahoo! Philippines.

The Ramon Magsaysay Awards for 2009

Posted on August 29th, 2009 by Roy

Six individuals from Burma, China, India, Philippines and Thailand, will receive this year’s Ramon Magsaysay Award. The announcement was made by the Board of Trustees of the Ramon Magsaysay Award Foundation (RMAF).

Government denies Philhealth bankruptcy rumors

Posted on August 21st, 2009 by Roy

There were recent reports that the Philippine Health Insurance Corp. (Philhealth) was on the brink of bankruptcy, but government officials were quick to react and scrambled to deny the reports and assured Philhealth’s 79 million members that it was financially stable.