Archive for the ‘economy’ Category
Convergys hiring 5,000 more employees
Business process outsourcing (BPO) firm Convergys is hiring 5,000 more employees for its new contact centers in Cebu and Baguio city. The Camp John Hay site, which formally opened last July 27, is Convergys Corp.’s 15th site and offers hope for many Filipinos who are looking for a job. Convergys president and chief operations officer [...]
July 30, 2011
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Posted in: Announcement, BPO, Business News, business opportunity, Call Centers, Career, communications, Corporations, Customer Service, e-commerce, economy, Employment, finance, Foreign exchange, Health, innovation, investments, Job Opportunities, Opportunities, Philippine business news, Philippines, Technology
Call center conference slated this August
A call center conference will be held at the SMX Convention Center in Pasay City this August. Spearheaded by the Contact Center of Philippines (CCAP), this year’s International Contact Center Conference Expo 2011 will have the theme “Sustaining the Lead, Expanding Opportunities and it will be on August 2 and 3, 2011. The conference aims [...]
July 30, 2011
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Tags: BPO, business news, business process outsourcing, Call Center, CCAP, conference and expo, outsourcing, Philippines · Posted in: BPO, Business News, Call Centers, Career, communications, e-commerce, economy, Foreign exchange, innovation, International relations, marketing, Philippine business news, Philippines, Technology, Tourism
iRemit opens shop in Italy
The largest Filipino-owned non-bank remittance firm, iRemit, opens shop in Italy as part of its aggressive overseas expansion. I-Remit Inc. said its unit iRemit Global Remittance Limited was able to obtain authorization from the Financial Services in London and Banca D’Italia of Italy to convert its office in Rome into a branch. Operations will start [...]
July 29, 2011
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Tags: foreign exhange, iRemit, Italy, money, OFW, remittance · Posted in: Announcement, Business News, economy, finance, Foreign exchange, money, Philippine business news, Philippines, Remittance
PAL posted $72.5 million profit for fiscal year ended March 2011
The Philippine Airlines (PAL) announced last Friday that it made a big turnaround from its marginal loss last year and posted a profit this year. Flag carrier PAL posted an income of $72.5 million for its fiscal year ending March 2011, overturning its $14.4 million loss the previous year. Its revenues soared to $1.67 million [...]
July 22, 2011
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Tags: business news, fiscal year, flag carrier, income, PAL, Philippine Airline, Philippines · Posted in: Business News, Corporations, economy, finance, investments, Philippine business news, Philippines, Transportation, Travel
BIR falls short of its target for the first semester of 2011
The Bureau of Internal Revenue missed its target for the first six months of the year. The BIR falls short of its target collection, with its total collection in totaling P67 billion which is 2.2% lower that its P68.5-billion target. Last month’s collection brings total collection for the first semester of 2011 to P458 billion, [...]
July 15, 2011
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Tags: BIR, collection target, economy, finance, money, Philippines, tax, tax collection, Taxation, taxes · Posted in: Announcement, Business News, economy, franchise, Government, Law, money, Philippine business news, Philippines, Taxation
Gardenia increased price of loaf bread by P1
Gardenia increased by P1 the price of its loaf bread on Monday. Gardenia Bakeries Philippines Inc. raised its price despite the directive of the Philippine Association of Supermarkets (PASI). PASI head Atty. Federico Ples said their members were advised not to increase bread prices without the approval of the Department of Trade and Industry (DTI). [...]
June 27, 2011
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Tags: basic commodities, business news, Consumers, DTI, economy, Philippines, price increase · Posted in: Announcement, Business News, Consumers, economy, Philippine business news, Philippines, Pricing, Products
National Bookstore plans IPO
National Bookstore is seriously thinking of an IPO (initial public), according to company president Alfredo Ramos. The country’s largest bookstore is considering IPO to raise funds for its planned expansion in Southeast Asia. Ramos said they are eyeing China for their future site after successfully setting foot in Hong Kong. He said setting up branches [...]
June 27, 2011
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Tags: business news, initial public offering, investment, IPO, National Bookstore, NBS, passive income, Philippines, PSE, shares of stocks, stockmarket · Posted in: Announcement, Business News, Corporations, economy, entrepreneurship, finance, investments, IPO, marketing, money, Opportunities, Philippine business news, Philippines, Stock Market
SMC subsidiary earmarked $3 M for redevelopment of Boracay Airport
Trans Aire Development Holdings Corporation is earmarking $300 million for its plan to redevelop the Boracay Airport. A subsidiary of San Miguel Corporation, Trans Aire will develop Boracay Airport to bring it up to par with international standards. San Miguel president Ramon Ang said the redevelopment of the airport includes a 5,000 room budget hotel [...]
June 27, 2011
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Tags: Boracay, Boracay Airport, business news, Philippines, San Miguel, SMC, tourism, Trans Aire · Posted in: Business News, Corporations, economy, Employment, finance, investments, Job Opportunities, money, Opportunities, Philippine business news, Philippines, Tourism, Travel
Cebu Pacific to hire additional manpower for its expansion plan
Cebu Pacific has 150 new positions for female flight attendants, the airline announced recently. The new flight attendants opening is part of the budget carrier plan to beef up its manpower for its aggressive expansion. It could be recalled that just recently, Cebu Pacific ordered 37 new Airbus jets worth $3.8 billion. The hiring of [...]
June 24, 2011
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Tags: addtional manpower, airline company, business news, cabin crew, Cebu Pacific, employees, employment opportunity, expansion, flight attendant, Job Opportunities, jobs, Philippines · Posted in: Announcement, Business News, Career, economy, Employment, Job Opportunities, money, Opportunities, Philippine business news, Philippines
Henry Sy tops list of 40 richest men in the Philippines
Henry Sy, the patriarch who is on the forefront of the SM mall chains, is Forbes Magazine’s richest man in the Philippines. Henry Sy remains Philippine’s richest man with a net worth of $7.2 billion, $2.5 billion higher from last year’s $5 billion. The annual listing of 40 richest men in the country of Forbes [...]
June 24, 2011
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Tags: 40 richest men in the Philippines, billionaires, business news, finance, Forbes Magazine, Henry Sy, investment, John Gokongwei Jr., Lucio Tan, money, net worth · Posted in: Announcement, economy, entrepreneur, entrepreneurship, finance, money, People, Philippine business news, Philippines
