The Bureau of Immigration (BI) announced that as an added incentive, foreign investors visiting the Freeport zones in the country – Clark, Pampanga and Subic, Zambalez, can avail of the government’s “visa-free” program.
An agreement was signed recently by BI Commissioner Marcelino Libanan with Subic Bay Metropolitan Authority (SBMA) administrator Armand Arreza and Clark Development Corp. [...]

The Home Development Mutual Fund (HDMF), more popularly recognized as he Pag-IBIG Fund launched a bond offering which will be auctioned to the public on March 9. The state-administered fund manager will be offering P12 billion bonds starting next month.
Jaime Fabiaña, chief executive officer of HDMF said that the proceeds of the funds would be [...]

Another opportunity rises for job seekers as another business process outsourcing firm (BPO) gears up for expansion. The Stream Global Services Inc., a BPO company which is partly owned by the Ayala group is looking to fill up 1,500 seats in the 60 days and open one or two more new sites during the first [...]

The Government Service Insurance System (GSIS) has entered into a conditional sale agreement with the Hong Kong-based First Pacific Company (FPC), which is represented by its local affiliate Two Rivers Pacific Holdings Corporation. The deal will see First Pacific buying approximately 5.9 percent interests of GSIS in Philex Mining Corporation for P6.02 billion.

A new identification system which is said to help facilitate people’s transactions with government agencies is being planned as the Social Security System (SSS) and the Philippine Postal Corp. (Philpost), tied up together for the implementation of the said ID system.

A posthumous presidential citation was given by President Gloria Macapagal-Arroyo to the late Press Secretary Cerge Remonde for the latter’s exemplary public service as government official and noted journalist.
Remonde, who was 51 years old, died of heart attack on Tuesday morning in his house in Makati City. He was found unconscious by aides at home [...]

In Baguio City, enterprising housewives banded themselves together and formed a group which challenged the local government to send the city’s uncollected garbage to them. A challenge which have live up, up to this day.
These women from 10 barangay in the city have doing this for decades now – they have been converting trash into [...]

The Government Service Insurance System (GSIS) reminded the all government offices of the requirements for those who wants to avail of early retirement to ensure the delivery of their benefits, the first one of those requirements being that the availment should be submitted at 60 days prior to their preferred retirement date.

The Philippine Business Registry (PBR) recently gave a set of information technology (IT) equipment to the National Economic Business Assistance Research Assistance Center in Caraga (NERBAC Caraga). The IT equipments were the contribution of PBR to help strengthen the one-stop business assistance centers in all regions.

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 [...]

The Federation of Philippine Industries (FPI) warned that prices of goods with imported raw material sold in the country would likely increase next year. That is once the government has implemented the law requiring all imported bulk and break bulk cargo to be surveyed by an accredited surveying company at the port of origin.

The Terminator will visit the Philippines next year, but he won’t be here to promote nor shoot any film. Instead, the California Governor will be leading a group of US business delegation who will visit the country in February as part of the government’s marketing efforts to expand the market of Philippine exports and industries.

The Subic Bay Metropolitan Authority (SBMA) expects tax collection in the Freeport zone to exceed that of 2008 level. SBMA administrator Armand Arreza is counting on the combined collection efforts of the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR) in the Subic Bay Freeport which went up last quarter. Arreza said [...]

Business establishments in Quezon City can breathe a sigh of relief, as the city government announced that it won’t be raising its business taxes until June of next year. Quezon City Mayor Feliciano Belmonte Jr. made the announcement and assured the local business community that they won’t be increasing taxes until he finishes his term [...]

The pension fund provider for private companies’ employees, Social Security System, said it has extended so far a total of P1.2 billion in loans micro, small and medium enterprises. The agency provided the said grants under a credit implemented by government financial institutions.

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 [...]

And so ends months of speculations as the president of the country finally made known to the public her political plan for 2010. President Gloria Macapagal Arroyo made the official announcement in an interview aired over government radio.
“I will file my candidacy for Congress in order to serve the hardworking people of my home province,” [...]

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 National Development Co. (NDC) is planning to avail of a loan from private banks in order to raise at least $300 million by yearend. NDC will be buying  a portion of the controlling of stake of Land Bank of the Philippines (LandBank) and the Development of the Philippines (DBP) in Metro Rail Transit Corp. [...]

Taguig City was cited as the country’s Most Business Friendly City by the World Bank. The recognition was given to Taguig because of the city government’s initiatives to develop infrastructure and ensure that investors enjoy the most conducive climate to develop and expand their businesses.