Convergys Corp., the largest private employer in the Philippines, is planning to hire additional 3,600 new employees as it expands its five existing sites in the country to bring their total number of workforce to 25,000 by the end of 2010. Marife Zamora, country manager of Convergys Philippines, said the expansion is meant to meet [...]

Good news for residential clients of Manila Water Co., Inc. They can expect a lower water bill starting July 1, 2010 and this is mainly due to the appreciation of peso against the US dollar. The company said, it its disclosure to the Philippine Stock Exchange (PSE), they were able to reduce the foreign currency [...]

One of the leading manufacturer of batteries in the Philippines is considering of putting up its own business process outsourcing facility in the Philippines. The Energizer Philippines Inc., maker of the Eveready and Energizer batteries, plans to put up a call center facilities because according to company president and managing direct Esteban Vorbeck, support for [...]

On April 28, the Power Sector Assets and Liabilities Management Corp. (PSALM) is expecting to receive bids from at least companies at the auction of the 246 megawatt (MW) Angat hydropower plant in Norzagaray, Bulacan on April 28. PSALM vice president for asset management and electricity confirmed that six groups are in the running.
During the [...]

The business process outsourcing (BPO) firm Sitel Philippines Corp. will be opening its first call center facility in Poro Point where it plans to hire 500 workers. Company vice president for operations in the North Luzon Region Michael Oliver said it will be their eighth BPO center in the Philippines and it will be opened [...]

Davao City is being considered to be the next big investment for the business process outsourcing (BPO) sector, as well the information and technology sector.
According to Oscar R. Sañez, CEO of the Business Processing Association of the Philippines (BPAP), Davao was ranked number 1 in their list of Top 10 Next Wave Cities 2010 because [...]

In spite of the opposition of different sectors, the Bureau of Internal Revenue (BIR) is adamant in implementing the value added tax (VAT) on toll fees. The BIR is all set to impose VAT on toll by April 30, after deferring it for several times. “That is the plan. That is what we intend to [...]

More than P6.6 billion has been allotted by the Maynilad Water Services Inc. for its capital expenditures for 2010. The water company aims to improve its service coverage and service levers in its concession area. For this, the company is earmarking at least P1.7 billion from its capex funds.
Around P700 million has been set for [...]

The new appointment system at the new consular building of the Department of Foreign Affairs (DFA) is in full swing after it was launched last March 9.  The agency said around 55% of people who apply for passport daily have used the system which allow them to complete the process of applying for their passport [...]

There will not be any price increase on the cement, at least none until the end of March. This was the promise made by Holcim Philippines who said that they will not be increasing their price in Metro Manila in order to help those who were hit by the typhoons which devastated the country late [...]

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 [...]

This early, the Philippine Veterans Bank (PVB) has already opened 10 new branches to beef up its network to 60 branches all over the country. The 10 new branches were actually opened simultaneously last January 18.

The SM Group announced recently that they will be opening up to 20 new stores in Metro Manila and surrounding provinces this year for their food retail unit. The company said it will be investing P1 billion to P2 billion for these projects.

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 [...]

Hopes of a possible wage increase in 2010 would be unlikely, according to the Department of Labe and Employment (DOLE). Labor secretary Marianito Roque said that for the second straight year, workers nationwide are unlikely to get any salary hike. “I don’t think that there will be any wage increase because there is no economic [...]

Holcim, global cement giant, reiterated that there is no shortage in the supply of cement in the market. It assured the public that the supply of cement in the market will normalize after the Christmas holidays. Ed Sahagun, sales manager of Holcim’s cement plant in the Philippine made the assurance even as trucks lined up [...]

The LRT-2 which currently runs 13.8 kilometers and traverses five cities in Metro Manila – which are Pasig, Marikina, Quezon City, San Juan, and Manila along the major thoroughfares of Marcos Highway, Aurora Boulevard, Ramon Magsaysay Boulevard, Legarda and Recto, is undergoing study for its on both its east and west end.

The Ayala Corporation currently owns 31.7 percent of Manila Water Co., but this will increase because it agreed to buy P3.5 billion worth of additional common and preferred shares of the water utility service company from British partner United Utilities Pacific Holdings BV.

In order to avoid the floods that happened during the onslaught of tropical storm Ondoy last September, the government wants to clear the floodway of any obstructions. Because of this, about 2,070 illegal settler families who live along Napindan Channel and Manggahan Floodway in Pasig City would be evicted. This is all part of the [...]

Because typhoon Santi has caused power interruption in some parts of Metro Manila and Southern Luzon, the Commission on Elections (Comelec) is making some leeway on its strict adherence to a ‘no extension’ of voters’ registration.
The Comelec yesterday said it will allow registrants in its offices who were affected by the power outage brought by [...]