Archive for August, 2011
Puregold sets IPO date to September 21
The Puregold Price Club Inc. will launch its initial public offering (IPO) on September 21, 2011. The supermarket chain hopes to raise P12.4 billion in its IPO which it will use for its planned expansion. The IPO, which is only the second in the country this year, was approved by the Philippine Stocks Exchange for [...]
August 28, 2011
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Tags: business news, finance, initial public offering, investment, IPO, money, Philippines, PSE, shares of stocks, stocks · Posted in: Announcement, Business News, Corporations, economy, Foreign exchange, IPO, marketing, money, Opportunities, Philippine business news, Philippines, Pricing, Products, promotions
Money Matters for Kids exhibit teaches kids the value of money
The Bangko Sentral ng Pilipinas (BSP) is having a three-month long exhibit in Manila that aims to encourage children to save money. The exhibit dubbed “Money Matters for Kids” started last Tuesday at the Galeriya Bangko Sentral at the Metropolitan Museum in Manila. In its news release, the BSP said the “The Money Matters for [...]
August 14, 2011
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Tags: ATM, automated teller machine, Bangko Sentral, bank, bank manager, bank tellers, banking, BSP, Central Bank, Consumers, exhibit, money, Money Matters for Kids, Philippine, savings · Posted in: banking, Business News, Consumers, Corporations, economy, Education, finance, Government, innovation, money, Philippine banks, Philippine business news, Philippines
Oil companies roll back prices of fuel products
Oil companies started rolling down prices of fuel products Saturday. Eastern Petroleum started off on Saturday by slashing P1.50 per liter of its diesel and P1.30 per liter off on its gasoline. Flying V Philippines also lowered its oil prices by P1.30 per liter on unleaded gasoline, P1 on regular gasoline and P1.50 per liter [...]
August 14, 2011
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Tags: business news, Chevron, diesel prices, Flying V, gasoline, oil price, Petron, Philippines, price roll back, Total · Posted in: Announcement, Business News, Consumers, Corporations, Education, finance, money, Philippine business news, Philippines, Pricing, Products, World News
Cebu Pacific acquires more Airbus
Cebu Pacific will acquire more Airbus aircraft. The Gokongwei-led budget carrier said in its report to the Philippine Stock Exchange (PSE) that an order for 30 A321neo aircraft Airbus has already been finalized, which increased the airline’s Airbus order to 71.
August 9, 2011
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Tags: air travel, Airbus, airline, budget flight, business news, Cebu Pacific, flight, investment, Philippines · Posted in: Announcement, Business News, Corporations, economy, finance, investments, Philippine business news, Philippines, Transportation, Travel
Spanish companies to invest in the Philippines
Union Fenosa International SA, Gamesa and Grupo Leche Pascual, three Spanish companies are interested in investing in the Philippines. The news was delivered by Board of Investments (BOI) managing head Cristino L. Panlilio who came from his recent trip to Spain. Panlilio said he met with representatives from the three firms who all expressed interest [...]
August 3, 2011
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Tags: business news, Employment, Gamesa and Grupo Leche Pascual, investment, Job Opportunities, manufacturing firm, money, natural gas, Philippines, power plant, renewable energy, Spain, Union Fenosa International SA, wind turbine · Posted in: Announcement, Business News, business opportunity, Career, Corporations, economy, Employment, finance, Government, International relations, investments, Job Opportunities, money, Opportunities, Philippine business news, Philippines
Manila Water signed P500M loan deal for its Boracay unit
Boracay Island Water Co. Inc. signed a P500-million term loan facility with Development Bank of the Philippines and Security Bank recently. The terms of the loan include an option to increase the amount the P1 billion. A subsidiary of the Ayala-led Manila Water Co., the loan will be used to finance the additional capital expenditure [...]
August 2, 2011
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Tags: bank loan, Boracay, Boracay Island Water, business news, finance, investment, Manila Water, P500 million loan, Philippines, revolving fund · Posted in: Announcement, banking, Business News, business opportunity, Corporations, economy, entrepreneurship, finance, Government, International relations, investments, Loans, money, Philippine business news, Philippines
BIR to do lifestyle check on professionals too
The Bureau of Internal Revenue will conduct a lifestyle check on professionals; this includes lawyers, doctors and accountants. The move is part of the tax agency’s effort to “convince” self-employed individuals to pay the right taxes.
August 2, 2011
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Tags: BIR, business news, income tax, lifestyle check, money, Philippines, professionals, tax, tax target, Taxation, taxes · Posted in: Business News, economy, finance, Government, Law, money, Philippine business news, Philippines, Taxation
