Archive for April, 2010
Sale of OFW retail treasury bonds completed
The auction of the retail treasury bonds of the Philippine government has been completed and according to National Treasurer Roberto Tan, $500 million have been raise from the sale of the retail, multi-currency bond. Tan was happy to report that they completed the total tender of $5000 million, based on the preliminary information he had [...]
April 27, 2010
· 
Roy · 
One Comment
Tags: finance, investment instruments, investments, money, OFWs, retail treasury bond, RTB · Posted in: entrepreneurship, finance, Foreign exchange, investments, money, OFWs, Philippine business news
Philippine Peso to climb up to P43 to $1
In spite of the prediction of some economist that the peso will soon weaken, especially during the coming elections, it continues it upwards surge. According to American banking giant Citigroup, it even sees the peso strengthening to 43 to $1. According to Citigroup economist Jun Trinidad, the country’s “export earnings as well as the tightening [...]
April 20, 2010
· Roy · No Comments
Tags: dollar, dollar trading, economy, Foreign exchange, forex, money, Peso, Philippine · Posted in: economy, finance, Foreign exchange, money, Philippines
$500 M retail treasury bonds to be auctioned by the government
$500 million retail treasury bonds will be auctioned by the government on April 21. These RTB were intended for overseas Filipino workers (OFWs). National Treasurer Roberto Tan is confident that they would be able to sell the whole $500 million after conducting a series of successful briefing in different parts of the globe. Tan said [...]
April 19, 2010
· Roy · One Comment
Tags: auctioned, exemption, Government, incentive, investment instruments, money, multi-currency, Philippines, retail treasury bonds, RTB · Posted in: Announcement, banking, economy, finance, Government, investments, money, Philippine business news, Philippines
Taking a break… in style
Take a break from the hush and the buzz of the business world. Fly to Paris and unwind. If budget permits, dine in one of those fine restaurant paris where you will be served by aide à domicile, and after painting the town red, you will be ready to relax and recharge in a hotel [...]
April 19, 2010
· Roy · No Comments
Posted in: Product Reviews
Businesses and web hosting
Businesses today have started exploring the power of the internet when it comes to marketing, because of the wide reach of the web. If you are not into it, or do not have a web site yet, it’s about time that you seriously consider having one. One of the most important thing you should consider [...]
April 14, 2010
· Roy · No Comments
Posted in: entrepreneurship, Product Reviews
Peso seen to weaken anew
After its continued rally last week, where it breaks into the P44 mark, economists say that peso is seen to weaken anew, adding that it would be seen retreating back to P46-to-$1 at the height of the local and national elections. Having a pause from its seven-day rally against the dollar last Thursday, the local [...]
April 10, 2010
· Roy · One Comment
Tags: business news, finance, Foreign exchange, money, P46 to $1, Philippine pose, US dollar · Posted in: banking, Consumers, economy, finance, Foreign exchange, money, Philippine business news, Philippines
PNB, Bank of China tie up in handling remittances
Philippine National Bank (PNB), the country’s seventh largest bank in terms of assets, has signed an agreement with the Bank of China (BOC) in handling remittances of Chinese nationals who are based in Italy. PNB’s tie-up with BOC expands the market coverage PNB Italy SpA, which was established primarily to facilitate remittances of Filipinos who [...]
April 8, 2010
· Roy · No Comments
Tags: agreement, Bangko Sentral, bank, Bank of China, banking, Boc, contract, Foreign exchange, money, network, OFW, Philippine National Bank, Philippines, PNB, remittances · Posted in: banking, Corporations, economy, finance, Foreign exchange, money, OFWs, Philippine banks, Philippines
300,000 iPads sold on first day
There were hypes – from the excited to the skeptics. They all translated to a great first-day sale of the iPad. On the first day it was launched to the public, Apple sold 300,000 units of iPad as of midnight on Saturday, April 3. So much for the talks and all those hypotheses about this [...]
April 6, 2010
· Roy · 2 Comments
Tags: App Store, Apple, first-day sale, iBookstore, iPad, iPhone, tablet computer, Wi-Fi · Posted in: Announcement, Products, Uncategorized, World News
San Miguel acquires majority interest in MRT-7 project
The San Miguel Corp. (SMC) continues to diversify as it looks for investments in other industries, such as infrastructures and renewable energy, among others. The latest in its investment is the Metro Rail Transit Phase 7 (MRT-7), where SMC has acquired a majority stake. SMC signed a memorandum of understanding (MOU) with the controlling owner [...]
April 5, 2010
· Roy · No Comments
Tags: business news, commuters, conglomerate, economy, metro rail transit, MRT 7, Philippines, San Miguel, SMC, transporation · Posted in: Announcement, Corporations, Customer Service, economy, entrepreneur, investments, Philippine business news, Philippines
Loyalty club for Globe load retailers
Here’s a treat for all Globe load retailers. Globe Telecom will be coming out with a loyalty club for its load retailers, which it said, would be the first of its kind in the country. This loyalty club for Globe load retailers was said to be started this summer where Globe AutoloadMax (AMAX) retailers will [...]
April 2, 2010
· Roy · No Comments
Tags: AMAX, Globe retailers, Globe Telecoms, horro, incentives, loyalty club, scare · Posted in: business opportunity, communications, Corporations, entrepreneur, entrepreneurship, innovation, investments, marketing, Opportunities, Philippine business news, Philippines, Products, promotions
