Survey: 945 Pinoy investors optimistic on pensions

Friday, September 19, 2014 - 11:51 p.m.

THE majority of Filipino investors are satisfied with their government pension, but this sentiment is based on specific assumptions and a cash-dominant approach to retirement working out, according to the latest Manulife Investor Sentiment Index.

Two-thirds of respondents said they are confident that their government pension would be enough to meet their needs upon retirement -- the highest level of all surveyed markets.

Phoenix Petroleum, Cebu Pacific sign 10-year supply contract

Tuesday, September 9, 2014 - 05:53 p.m.

LEADING independent oil company Phoenix Petroleum Philippines and leading carrier Cebu Pacific marked a decade of strong and indispensable partnership with the signing of a 10-year renewable supply contract recently.

Under the agreement, Phoenix Petroleum will construct a Jet A-1 storage facility in Tayud, Consolacion, Cebu, to be used by Cebu Pacific to store their Jet A-1 fuel.

10 sugar-producing provinces ‘vulnerable’ to Asean integration

Sunday, September 7, 2014 - 03:49 p.m.

WORKERS in the country's top 10 sugar-producing provinces are in danger of losing their jobs if the local industry could not keep pace with the competition in Southeast Asia, the Department of Labor and Employment (Dole) said Sunday.

The provinces are Negros Occidental, Bukidnon, Batangas, Negros Oriental, Iloilo, Tarlac, Capiz, North Cotabato, Davao del Sur, and Cebu, said Labor Secretary Rosalinda Baldoz.

DTSI Group supports PH BPOs at 15th Annual Call Center Week

Friday, September 5, 2014 - 07:28 p.m.

DTSI Group rallied support for the Philippine BPO industry during its stint as a featured exhibitor and sponsor of the 15th Annual Call Center Week last June 9 – 13, 2014 at the Mandalay Bay in Las Vegas, Nevada.

According to DTSI president and CEO Miguel C. Garcia, promoting the Philippines as a prime investment venue for outsourcing as well as a great source of highly talented BPO manpower is an advocacy that his company strongly believes in.

MAP conference on opportunities in integrated Asean region set

Thursday, September 4, 2014 - 09:39 p.m.

THE Management Association of the Philippines (MAP), in partnership with BusinessWorld and Healthway Medical, will hold its 12th MAP International CEO Conference 2014 on September 9, Tuesday, from 7 a.m. to 5 p.m. at the Rizal Ballroom of the Makati Shangri-La.

The conference’s theme reflects the top-of-the-mind issue today: “The Integration Momentum: Waves of Change, Oceans of Opportunity.”

Economy picks up in Q2

Thursday, August 28, 2014 - 02:15 p.m.

MANILA -- Local output in the second quarter, as measured by the gross domestic product (GDP), beat market expectations as the Philippine economy grew by 6.4 percent on the back of strong industry and services sectors.

This brings the first half growth to 6 percent after the economy slowed down to 5.6 percent during the January to March period, the National Economic and Development Authority (Neda) said Thursday.

Wise Immigration bags 2014 Best Visa Assistance Company

Tuesday, August 26, 2014 - 08:27 p.m.

QUEZON CITY -- Wise Immigration bested other visa assistance and immigration consultancy companies in the Philippines, as it has been chosen by the National Consumer Affairs Foundation (NCAF) as the Best Visa Assistance Company for 2014.

The company was conferred with the Seal of Excellence, Global Brand and the Best Brand Award in the country's biggest midyear consumer tribute held at the AFP Grand Theater in Camp Aguinaldo, Edsa, Quezon City last August 10.

EDC eyes $100B exports by 2016

Tuesday, August 19, 2014 - 08:31 p.m.

THE Export Development Council (EDC), composed of representatives from the government and private sector, is eyeing an export target of $100 billion by 2016, the Department of Trade and Industry (DTI) said Tuesday.

The target was contained in the draft three-year Philippine Export Development Plan (PEDP), DTI Undersecretary Ponciano Manalo Jr. said.

UK welcomes more Filipinos, enhances visa application services

Friday, August 15, 2014 - 03:05 p.m.

THE British Embassy is enhancing its visa application services in Manila and Cebu City, as the United Kingdom (UK) has welcomed record numbers of Filipino visitors to its shores.

The British Embassy said in a press release that in the 12 months to March 2014, over 49,000 UK visas were issued to Filipinos, with a 27 percent growth in tourists and business visitors driving the increase in numbers.

Emerson Network Power is nominated as top DCIM provider by CIO Choice

Friday, August 8, 2014 - 03:06 p.m.

EMERSON Network Power, a business of Emerson (NYSE:EMR) and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, has been nominated as one of the top data center infrastructure management (DCIM) providers in the 2014 CIO Choice Awards.

Qualified CIOs and data center managers across Asia can sign up at to cast their vote. Voting is open until August 13th.

Manulife partners with PBSP for livelihood project

Thursday, August 7, 2014 - 07:16 p.m.

MANULIFE Philippines, one of the country’s leading life insurance firms, has extended support to areas affected by Typhoon Yolanda (Haiyan) through a livelihood project done in partnership with the Philippine Business for Social Progress (PBSP).

The project aims to support around 75 families in Leyte by providing business skills training and the initial retail inventory for starting up their own “sari-sari” stores.

‘Suite Indulgence’ at Shangri-La Hotels and Resorts

Monday, August 4, 2014 - 02:59 p.m.

HONG KONG, China -- Shangri-La Hotels and Resorts reveals a suite offer that promises to deliver the ultimate luxury escape. Guests can take advantage of personalized service and the finest accommodations with the "Suite Indulgence" package, which includes a 20 percent discount off the best available rates of suites and triple GC points for Golden Circle Members, plus access to Horizon Club lounges and benefits where available.

PDIC signs cross-border partnership deal with Korean counterpart

Friday, July 25, 2014 - 09:27 p.m.

THE Philippine Deposit Insurance Corporation (PDIC) and the Korea Deposit Insurance Corporation (KDIC) signed a memorandum of understanding (MOU) to foster cross-border cooperation between the two deposit insurance agencies.

The MOU was signed by PDIC President Valentin A. Araneta and KDIC Chairman and President Joo Hyun Kim on July 23 at the Peninsula Manila in Makati City.

Cobra Energy Drink awards 3 Camaro winners

Tuesday, July 22, 2014 - 02:54 p.m.

MANILA -- After three months of rigorously collecting crowns and labels for Cobra’s biggest nationwide promo, the country’s number one energy drink announces the three winners who will drive home a brand-new Chevrolet Camaro V6.

The highly anticipated grand draw of Cobra’s Sure Win Big Win promo happened last June 27, and out of the millions of entries received nationwide, three winners from Luzon, Visayas, and Mindanao have been named.

Kickstart represents PH at GSMA Mobile Asia Expo innovation workshop

Tuesday, July 1, 2014 - 02:06 p.m.

KICKSTART Ventures Inc., the most active early-stage investment fund in the country, represented the Philippine telecom industry at the GSMA Mobile Asia Expo innovation workshop in Shanghai, China that tackled current initiatives to foster and promote new ways of doing things.

GSMA is an association of mobile operators and related companies devoted to supporting the standardizing, deployment and promotion of the GSM mobile telephone system.

An affordable mobile WiFi device: Tattoo’s best tool for school

Friday, June 27, 2014 - 06:02 p.m.

IT'S back to school once again, and that means home works and papers will come aplenty in the next few days. To make things a little easier and faster for your research, Tattoo keeps you connected and updated whether you are, in or out of campus! Choose from any of Tattoo Prepaid’s mobile broadband devices and save as much as P1100.

Tattoo’s Ronquillo takes on leadership of Globe Platinum and Roaming

Thursday, June 26, 2014 - 04:20 p.m.

GLOBE Telecom announces the movement of Vice President and Tattoo Nomadic Broadband Business head Domingo “Dong” Ronquillo to the telco’s Postpaid Business Group to head its Platinum and Roaming businesses.

An alumnus of the De La Salle University with a double degree in Economics and Advertising Management, Ronquillo led the Tattoo Nomadic Broadband Business team for over three years and was accountable for the end-to-end management, P&L, churn, customer experience, and product portfolio and development.

REC donates SolarBox to Philippine Red Cross

Tuesday, June 24, 2014 - 05:56 p.m.

SINGAPORE -- REC, a leading global provider of solar energy solutions, has donated a 20-kW solar-diesel hybrid container (SolarBox) to the Philippine Red Cross.

The SolarBox is an integrated, off-grid solar solution catering to regions that experience unreliable access to the grid. It is composed of a solar array, inverter system and battery bank packed into a shipping container which can be assembled on site within two days.

Study: Canon is the most trusted copier, printer brand

Wednesday, June 11, 2014 - 02:53 p.m.

MANILA -- When it comes to copiers and single function laser printers, Canon has been identified as the most trusted brand for two consecutive years.

According to the International Data Corporation (IDC), Canon holds the number one market share as specified in IDC's 2013 Q4 Asia/Pacific Quarterly Hardcopy Peripherals Tracker.

Manila to host 1st environment-themed hackathon

Friday, June 6, 2014 - 04:36 p.m.

MANILA -- Hundreds of developers and environmental activists will come together on June 6-8 to build mobile and web applications dedicated to climate change mitigation, adaptation and resilience at “Hack-The-Climate: Manila.”

This eco-themed hackathon will be held at De La Salle College of Saint Benilde (DLS-CSB), in partnership with Princeton University's Pace Center for Civic Engagement.

Emerson launches region-wide initiative to future-proof biz operations

Friday, June 6, 2014 - 04:36 p.m.

MANILA -- A recent inductee into the IT and Business Process Association of the Philippines (IBPAP), Emerson Network Power, a business of Emerson (NYSE:EMR) and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, announced an Asia-wide initiative that would help organizations “future-proof” their IT-based operations, in light of the exponential growth of data and the resulting rapid changes to the data center.

Globe backs NTC stance of mandatory IP peering

Monday, June 2, 2014 - 03:45 p.m.

GLOBE Telecom supports the National Telecommunications Commission’s (NTC) position that a mandatory IP peering among carriers should be put in place to improve internet services in the country.

The telecommunications provider maintains that there should not be any access charge to this to maintain or lower internet costs.

Remittances hit $6.1B in Q1

Thursday, May 15, 2014 - 06:15 p.m.

PERSONAL remittances from overseas Filipinos (OFs) have surged to $2.1 billion in March, 6.9 percent higher than a year ago, the central bank said Thursday.

Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said that the March remittances were even higher than the six percent growth posted in February.

Megaworld posts 49% record growth in net income for Q1

Wednesday, May 14, 2014 - 03:01 p.m.

MANILA -- Megaworld, the Philippines’ leading property developer and the number 1 office developer and landlord, posted a net income of P2.69 billion (inclusive of the P604 million non-recurring gain) for the first quarter of 2014, 49 percent higher than the P1.81 billion for the same period in 2013.

This is due to strong residential sales in its various townships, particularly in Newport City, Uptown Bonifacio, McKinley Hill and Eastwood City; and higher leasing income from its office and retail portfolio.

‘Summer Sunshine’ lights up travelers plans at Mövenpick

Wednesday, May 14, 2014 - 02:58 p.m.

ZURICH, Switzerland -- Mövenpick Hotels & Resorts, the hotel company of Swiss heritage that operates 80 hotels worldwide, has published its special rates for the upcoming summer season.

Discounts of up to 30 percent are offered at most of its hotels during selected dates between 1st June and 30th September 2014 as part of the “Summer Sunshine” offer.

Globe bets on high school techies

Wednesday, May 14, 2014 - 02:55 p.m.

GLOBE Telecom is giving young high school techies a rare opportunity to experience a meaningful activity during their summer break through the telecommunication provider’s Junior Mobile Wizard program.

Asia stocks muted as China data, Wall St weighed

Friday, May 9, 2014 - 11:03 a.m.

TOKYO -- Asian stock markets were subdued Friday as investors weighed a fall in Chinese inflation against a negative cue from Wall Street.

Globe powers ‘TxtHIV to 8504’ campaign

Monday, May 5, 2014 - 05:05 p.m.

LEADING telecommunications company Globe Telecom powers “TxtHIV to 8504” campaign, a first of its kind SMS-based information, counseling, and clinic referral drive in Asia for people who wants to be tested for human immunodeficiency virus (HIV) but are afraid of facing societal discrimination.

The disease leads to the fatal Acquired Immune Deficiency Syndrome (Aids) often associated with sexual promiscuity.

AirAsia re-connects KL direct to Cebu

Monday, May 5, 2014 - 05:03 p.m.

KUALA LUMPUR -- AirAsia will be re-commencing direct flights from Kuala Lumpur to Cebu, Philippines with 3x weekly frequency effective July 24.

Promotional seats will be available for booking online at from RM0 base fare one way from Monday, May 5, onwards.

Young Pinoys keen on saving money, interested in banking sector

Friday, May 2, 2014 - 04:57 p.m.

MANILA -- ThoughtBuzz, the social media analytics arm of To The New, published on April 29 its latest report on the Banking, Financial Services and Insurance (BFSI) industry in the Philippines.

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