Philippines expects 108 delegates for Phitex 2010

Posted on August 29th, 2010 by Roy

A total 108 delegates from wholesale travel agents from all over the world are coming to the Philippines for the upcoming 10th Philippine Travel Exchange (Phitex 2010) to forge deals with the different sectors of the local tourism industry.
Tourism Secretary Alberto A. Lim said that the delegates who will be coming in are large representations [...]

Enhancing your chance of success in real estate

Posted on August 5th, 2010 by Roy

Many entrepreneurs are cashing in on the booming real estate industry. Many professionals have either switched or added real estate brokering in their services because of the said opportunity. You will have more chance of success in this industry if you have a website that contains real estate script which can help you promote your [...]

IFC to invest $300 million in RP’s power sector

Posted on July 10th, 2010 by Roy

The country’s power sector, including renewable energy projects, is likely to get a big boos from the World Bank (WB). WB’s private sector arm, the International Finance Corp. (IFC), is looking at pouring in more than $300 million in investment to the said industry in the Philippines.
IFC resident representatives to the Philippines, Jesse Ang, said [...]

Texas Insturments looks to more years of operations in the country

Posted on June 20th, 2010 by Roy

Texas Instruments (TI), one of the world’s leader in the semiconductor industry, has been doing business in the Philippines for more than 30 years, and the company plans to stay longer in the country. In fact, TI has earmarked $1 billion in new investments for its planned expansion of its operation in the country for [...]

Distributor of China cars plans to put up assembly plant in the Philippines

Posted on June 17th, 2010 by Roy

Chana and FAW are Chinese-made car brands which are exclusively distributed in the country by Focus Ventures Inc. Now, the company is mulling the setting up of an assembly plant in the Philippines. President Stephen D. Sy of Focus Ventures said they are looking at a number of factors before they finally decide to proceed [...]

Protecting you software

Posted on June 11th, 2010 by Roy

Piracy is rampant these days, and I am not talking about the high seas. I am referring to programs and software. You know you want to get protection copy of the software or program you have developed and is using in your company, but somehow, no matter how much you protect it, it might still [...]

PSALM opens Naga power complex for bidding

Posted on June 7th, 2010 by Roy

The Naga power plant in complex Cebu. The Power Sector Assets and Liabilities Management Corp. (PSALM) opened the bidding process for the independent power producer administrator (IPPA) contract to manage the output of the said power facility.
The state-run agency said it already issued the invitation to bid (ITB) to parties who might be interested to [...]

Consumer education program initiated by DTI

Posted on May 30th, 2010 by Roy

To help educate the consumers, a program called Integrated Consumer Education Program will be launched by the Department of Trade and Industry on May 31. The program aims to increase public awareness on the need to be properly informed of their rights and for them to be involved as consumers.
The Integrated Consumer Education is a [...]

Seaweed-durian cupcake, a healthy ‘baon’ for school

Posted on May 28th, 2010 by Roy

A healthier cupcake makes for a great alternative ‘baon’ is the product of the research project by a group of people from the Southern Philippines Agribusiness and Marine and Aquatic School of Technology (SPAMAST) in Digos City, Davao del Norte.
The cupcake made from seaweed and durian, which is just in time for the school opening, [...]

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 [...]

GCs without expiration date soon

Posted on May 19th, 2010 by Roy

A new ruling on the issuance of gift certificates (GCs) might be issued by the Department of Trade and Industry (DTI) soon. If the DTI will have its way, it wants GCs to have no expiration dates. It is expected to come out with the decision on the matter next month.
The issuers of gift certificates [...]

Business leaders to support Noynoy’s administration

Posted on May 11th, 2010 by Roy

With the seemingly assured victory of Benigno  “Noynoy” Aquino for the highest position in the country, the business groups in the Philippines have expressed their eagerness to support and work with the incoming administration.
Francis C. Chua, president of the Philippine Chamber of Commerce and Industry (PCCI), said “The business community welcomes who the people have [...]

O2P will be acquired by TeamAsia

Posted on May 1st, 2010 by Roy

Outsource2Philippines (O2P), a firm that provides advisory services to the business process outsourcing (BPO) industry was reported to be acquired by TeamAsia, an award-winning strategic marketing communications firm which is based in the Philippines.
TeamAsia managing director Michael Alan Hamlin said on their acquisition, “We’ve identified a number of exciting opportunities for O2P that we will [...]

Being a fashion entrepreneur

Posted on April 28th, 2010 by Roy

It may seem glamorous and easy, but I am sure being a fashion entrepreneur has its ups and down, just like any other enterprise. But I am sure people who are into this industry are definitely enjoying it, what with the opportunity to create a statement, doing something which is their passion… and that is [...]

Shanghai Airlines flies directly to Cebu

Posted on April 8th, 2010 by Roy

Cebu City can expect additional boost in its tourism industry as the Shanghai Airlines launched its maiden direct chartered flights to Shanghai from Cebu starting Wednesday. It will be a twice-weekly shuttle that is expected to bring in an estimated 9,000 additional Chinese tourists to Central Philippines annually.
The charter group will also go out to [...]

Nestle, DA join hands to support coffee farmers

Posted on April 3rd, 2010 by Roy

The plight of the coffee growers in the Philippines is the main focus of the continuing project of Nestle Philippines, Inc.  in support of the coffee industry in the country. The company is extending its assistance to coffee farmers, particularly in the provinces of Aurora, Bohol and Mindoro, with the cooperation of the Department of [...]

Online gaming company gets listed in the PSE

Posted on February 17th, 2010 by Roy

Philippine online gaming publisher IP E-Game Ventures Inc. (IP E-Games) was finally listed in the Philippine Stock Exchange (PSE). The company held its listing ceremony at the PSE last Wednesday. IP E-Games is the first online gaming company to be listed in the PSE.
A subsidiary of technology firm IPVG Corp., IP E-Games was able to [...]

PCCI opposed overtime payments for BI personnel

Posted on February 5th, 2010 by Roy

The Senate Bill 3404 or the Philippine Immigration Act of 2010 has provision that raised concern to some business sectors. Section 30 of the said act grants Immigration Officers the power to assign personnel to do overtime work at rates fixed by him when the services rendered is to be paid for by the shipping [...]

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 [...]

About welding equipments

Posted on January 15th, 2010 by Roy

For the highly technical and skilled entrepreneur, the welding business is industry is not much explored. There seems to be a shortage on this skill as I have seen one too many shops with the sign, “Welders Wanted.” I know the capital and equipments for this business is not small. So if you want to [...]