A new payment system that will replace the present “fee for service” scheme in reimbursing hospitals will be adopted by the Philippine Health Insurance Corp. (Philhealth) and hopes to implement it next month.
The Philhealth plans to adopt a new system called the “case payment” system which will have fixed rates for medical services and surgical [...]

The Philippine government believes that the country deserves a better credit rating, that is why it is wooing the three major credit rating agencies for an upgrade in its credit scores, amid the improving fiscal situation and external liquidity.
The three credit rating agencies – Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s (S&P), were [...]

Mobile service provider Globe Telecom is investing $500 million to improve the quality and capacity of its mobile network infrastructure throughout the country. Company officials said the network quality will be top priority of Globe this year.
As part of the company’s network transformation program, Globe is making one of its biggest network investments in quality [...]

President Benigno “Noynoy” Aquino III yesterday said he wants oil companies to open their books to public scrutiny to prove that they were not taking advantage of the public in their series of oil price increases.
“That was my position ever since I have been in public service, isn’t it? If reasonable, why can’t they show [...]

The country’s telecommunications pioneer that provides landline, data, Internet and broadband services Eastern Communications, announced that it has received the International Organization for Standardization ISO 9001:2008 certification for its quality management system.

About 70 renewable energy service contracts were cancelled by the Department of Energy (DOE) as part of its effort to weed-out “non-performing contracts” and offer them to more serious investors. Energy Undersecretary Jose M. Layug Jr. also said that licenses covering four prospective petroleum blocks were likewise cancelled.
The energy undersecretary said that the  70 companies [...]

The corporate food and beverage giant San Miguel Corp. (SMC) is seriously mulling entry into the highly competitive field of telecommunication. The company plans to create a holding company for all its telecommunications interest as the conglomerate prepares for its grand entry in this field, according to a top official of the company. SMC president [...]

Stradcom Corp., the exclusive IT service provider for the Land Transportation Office (LTO) warns of a possible shutdown of the database and computer system it operates for the agency if the LTO continues to refuse remitting payments to the private firm. Stradcom provide and maintains LTO’s information technology facilities, including its database and licensing functions.
The [...]

In its effort to alleviate the plight of Filipino families who have love ones working abroad, Globe Telecom announced that it will continue to provide more affordable rates for international services.
Head of Overseas Filipino Communities and Alliances, Consumer Marketing of Globe Telecom Richie Sison said “In these times of uncertainties in other parts of the [...]

SkyCable allotted P1.5 billion funds for its capital expenditure for 2011 for its Cable Television (CATV) business. Half of the said amount will be used for the roll-out of its digital TV service nationwide and the other half for boosting its broadband subscriber growth, according to company marketing head Rodrigo Montinola.
A subsidiary of network giant [...]

A group of foreign businessmen is expressed their support for the implement of an open-skies regime by the Aquino administration via Executive Order (EO) 29. The Joint Foreign Chambers says this would better allow market forces to come into play and ultimately boost tourist arrivals in the country. The group said that the policy was [...]

Executive Order 29 (EO 29) or the “open skies” policy was signed by President Benigno Aquino III on March 14, authorizing the Philippine air panels to offer third, fourth and fifth freedom rights to the country’s airport other than the Ninoy Aquino International Airport (NAIA) without restrictions as to frequency, capacity, type of aircraft and [...]

An entrepreneur friend got an invitation for a business conference from his partner in Northbrook, Illinois. He was hesitant at first because he do not know much about the place, but his partner assured him that he will be providing him Limo Service in Northbrook IL so he does not have to worry a thing [...]

The holiday season almost, always brings out the shopaholics in us, and that’s just because we love to buy gifts for our love ones. Unfortunately, this thoughtfulness often depletes our finances. Good thing there are payday loans available for us to stretch our budget so we can buy the presents we think our love ones [...]

If you are a small business here are some marketing tips for you to find customers and generate sales higher.
One of this tips is don’t spend much in advertising you are not a big business so you can’t always afford to pay for that.  You can always offer your advertising a little catchy and easy [...]

With online social network getting more popular these days, leading mobile communication giant Smart Communications offered a new product that will allow prepaid subscribers to update their social network accounts like Friendster, Twitter and Facebook, in its new all-in-one load bundle.
The new service from, which is called Smart Buddy’s AllTxt Combo Plus, is a perfect [...]

To be honest, it is the first time for me to hear that you can buy Aged Corporations which is an alternative from starting a corporation from scratch. But I have to admit that it does make sense. You know, getting a name that has been established and is already trusted, instead of building a [...]

Gokongwei-led Digital Telecommunications Philippines Inc. (Digitel) plans to increase its budget for capital expenditure (Capex) for 2010 from $250 million to $350 million this year. This is in line with the company’s effort to aggressively expand its network to match rivals Philippine Long Distance Telephone Co. (PLDT) and Globe Telecoms Inc.
James Go, Digitel president and [...]

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 [...]

An additional $9 will be imposed on non-immigrant visa application fees by the United States Embassy starting on June 4. The US Embassy cited the “increasing cost of providing highest-quality service” as the cause for the said increase.
This means visa application fees starting next month would be $140, from a previous $130, for tourist and [...]