Archive for the ‘investments’ Category
BPO firm SPi Global eyes Australian market
Business process outsourcing (BPO) company SPi Global is looking at the Australian market for its next target. The BPO company, a wholly-subsidiary company of telecommunications giant Philippine Long Distance Telephone Co. (PLDT), said it wants to add Australia to its global resource network to tap new opportunities. Company president Maulik Parekh said because of the [...]
September 3, 2011
· 
Roy · 
No Comments
Tags: BPO, business news, business process outsourcing firm, Call Center, Employment, investment, Job Opportunities, Philippines, SPi Global · Posted in: BPO, Business News, Call Centers, Career, communications, Corporations, economy, Employment, investments, Opportunities, Philippine business news, Philippines
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
· Roy · No Comments
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
· Roy · No Comments
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
· Roy · No Comments
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
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
· Roy · No Comments
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
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
· Roy · No Comments
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
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
· Roy · No Comments
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
· Roy · No Comments
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
Ongpin-led group most like to gain control of PBCom
ISM Communication Corp., a company led by former trade minister Roberto V. Ongpin, leads the race for the control of Philippine Bank of Communications (PBCom). PBCom, with existing 64-branches, is on the auction block commanding a floor price of P4.3 billion, or about P25 per common and preferred share. It has attracted suitors wishing to [...]
June 23, 2011
· Roy · No Comments
Tags: Banco De Oro, bank, banking, BDO, BSP, business news, finance, financial advisor, ISM, Macquarie, Ongpin, PBCom, Philippines, PSE · Posted in: banking, Business News, Corporations, finance, franchise, investments, money, Philippine banks, Philippine business news, Philippines
Banco De Oro sets eye on acquiring PBCom
Banco de Oro plans to acquire PBCom or the Philippine Bank of Communications. Banco de Oro Unibank submitted an offer to over the operations of PBCom. PBCom confirmed in its disclosure to the Philippine Stock Exchange (PSE) that BDO indeed submitted a proposal to invest in the bank. The Henry Sy-led BDO, however, in its [...]
June 21, 2011
· Roy · One Comment
Tags: Banco De Oro, bank, banking, BDO, BSP, business news, finance, PBCom, Philippines, PSE · Posted in: Announcement, banking, Business News, Corporations, Customer Service, finance, investments, money, Philippine banks, Philippine business news, Philippines
