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 [...]

Starting on your business, you need to get the word out there that your company is existing and that you can provide the services and products that your potential target market are looking for. Printing your brochures, letterhead, business cards and other collaterals are tops on the list. With today’s technology and availability of desktop [...]

So you finally decided to get your own website for your business so you can reach more potential customers. How then do you let web surfers and online shoppers that your site and up and they should check it out. There are lots of ways really, like joining online forums, and getting link referral from [...]

The Philippine Stock Exchange (SEC) has approved and issued the listing rules for real estate investment trusts (REIT), thus giving way for a new investment instruments.  According to the SEC, the rules should spur interest from the investing public. REIT will use pooled capital of investors to buy and manage income-generating property and mortgage loans.

One way to expand your market reach at the cheapest cost possible is by getting your business online. Yes, you can reach more potential clients through the Internet, for that you need a reliable website hosting company to be sure that you can accommodate all visits and not fall flat on your face by getting [...]

Up to P10 billion worth of stocks in the Bank of the Philippine Islands (BPI) will be purchased by the Ayala Corp. Chief finance officer Delfin C. Gonzales Jr. of Ayala Corp., in a disclosure to Securities and Exchange Commission (SEC) said the board has approved the subscription “to our pro-rata share in the [...]

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 [...]

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, [...]

The Gokongwei-led Cebu Air Inc. recently announced its plan to hold an initial public offering (IPO) this year. However, as of date, the airline company is still undecided whether it will push through or not. Chances are it will be deferred.
JG Summit president Lance Gokongwei said that the IPO might need to wait further until [...]

We all know that in these times of the internet, it is advisable for an entrepreneur to have his own website to reach more clients without spending too much in advertising. But not many entrepreneurs know that websites can also be a good business. Just look at many online pages that has websites for sale [...]

The power of the internet is one medium that many entrepreneurs has not really explored yet. While many would readily acknowledge its potential, many are still afraid to try, for various reasons, one of them being the cost. But compared to traditional advertising, online advertising is relatively cheaper, produces better results even.
That is what I [...]

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 [...]

The Philippine National Bank (PNB) signed up an agreement with the Bank of China (BOC) in handling remittances of Italy-based Chinese nationals to their homeland. The Lucio Tan-led PNB’s agreement with the state-owned BOC expands the market coverage of unit PNB Italy SpA which was established to facilitate remittances of thousands of Filipinos in Italy.
PNB [...]

The Lucio Tan-led Air Philippines will now be known under its new brand name – Airphil Express, as it was re-launched last Saturday.
The new Airphil Express now boasts of the addition of two A320-200 aircraft in its fleet. The two A320s sports the new Airphil Express livery and configured mono-class with 177 seats will start [...]

The United Pulp and Paper Co. (UPPC) will be procuring a broiler that will use 100-percent biomass. The said equipment would require the company to invest an amount approximate to P 1 billion. Depending on the capacity, they would also buy a second broiler which would cost between P500 million and P1 billion, said company [...]

Air Philippines, the airline company of tycoon Lucio C. Tan, is out to compete head-on with Cebu Pacific owned by the Gokongweis’, with their new routes and aircraft. Air Philippines said it wants to revive its market presence.
Recently, Air Philippines leased two Air Bus A320 airplanes from partner Philippine Airlines (PAL). It plans to buy [...]

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 [...]

International Container Terminal Services, Inc. (ICTSI) is venturing into the overseas bond market. The port operator will be seen in the next few days offering as much as $250 million worth of 10-year bonds. ICTSI would be the first non-bank Philippine corporate issuer to offer the overseas bond market.

Philip Morris International, Inc. (PMPI) joined forces with Philippine a cigarette company forming one big corporation that will control about 90 percent of the country’s lucrative cigarette market. The US-based tobacco giant formed a new company with local rival Fortune Tobacco Corp. (FTC), which is owned by Chinese-Filipino tycoon Lucio Tan.