Archive for the ‘investments’ Category

Peso to reach P44 to $1

Prakriti Sofat, an economist from leading global investment house Barclays Capital said the peso could reach 44 to the dollar level by the end of the year because of recovery in exports and the steady inflows of remittances.
In the report from Philippine Star, Sofat said the outlook for Philippine exports remains positive given the strong [...]

March 14, 2010  Tags: , , , , , , ,   Posted in: Consumers, Foreign exchange, Government, Philippine business news, banking, entrepreneur, finance, investments, money  No Comments

Ayala Land to open new BPO facility in Iloilo

Iloilo City is one of the city identified as the Next Wave Cities (NWC) for business process outsourcing (BPO) firms by the Business Processing Association of the Philippines (BPAP) because of its attractive power, telecommunications, commercial, sea and airport infrastructure and it offers one of the lowest rental, power and average base pay rates in [...]

March 8, 2010   Posted in: Announcement, BPO, Call Centers, Career, Employment, Job Opportunities, Opportunities, Philippine business news, Philippines, economy, finance, investments  No Comments

Pag-IBIG’s P12-billion bond offering

The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG, will be having a P12-billion bond offering starting next month.
In an investors’ meeting held recently were the bonds were launched, HDMF chief executive officer Jaime Fabiaña said the proceeds of the bonds would be used to refinance in maturing P7 billion loan in May, [...]

February 24, 2010   Posted in: Announcement, Government, Opportunities, Philippine banks, Philippine business news, Philippines, Products, banking, economy, finance, investments, money  No Comments

BPO firm gears up for expansion in the Philippines

The country continues to become an attractive place to invest, especially in the business process outsourcing (BPO) sector, because of the availability of qualified workforce and quality service areas.
The ingredients that motivate Infosys BPO Ltd. to draw up plans to expand its presence in the country. The Philippine expansion of Infosys includes opening up three [...]

February 19, 2010  Tags: , , , , , ,   Posted in: Announcement, BPO, Call Centers, Career, Employment, Job Opportunities, Philippine business news, Philippines, investments  No Comments

IP E-Game gets listed in PSE, share price jumps 50% on first day

Online gaming publisher IP E-Game Ventures Inc. (IP E-Games) held its listing ceremony last February at the Philippine Stock Exchange, Inc. (PSE) Wednesday. The PSE approved an initial introduction of 33,545,554 common shares under the Second Board of the PSE, last Feb. 1, 2010.
On its first day of trading, share prices o IP E-Game stocks [...]

February 19, 2010  Tags: , , , , , , , , ,   Posted in: Announcement, Corporations, Government, IPO, Philippine business news, economy, investments, marketing, money  No Comments

New BPO firm opens

Another business process outsourcing (BPO) firm opened in the Philippines which would provide more employment opportunities for Filipinos. Australia-based Salmat has put up an 800-seat facility at McKinley Hill in Taguig City, the company’s first call center in country and also it’s first major investment outside Australia.
The new call center company is not really new [...]

February 8, 2010  Tags: , , , , , , ,   Posted in: Announcement, BPO, Call Centers, Career, Corporations, Employment, Job Opportunities, Opportunities, Philippine business news, Philippines, communications, investments  One Comment

BPO sector seen to grow bigger in the Philippines

Yes, the business process outsourcing (BPO) sector is seen to grow bigger, in fact it is predicted to be a $10-billion industry in 10 years time
This is what the National Economic and Development Authority (NEDA) sees, who said that the BPO sector in the country is growing, the $10-billion industry mark will be possible in [...]

February 6, 2010  Tags: , , , , , , ,   Posted in: BPO, Call Centers, Government, International relations, Labor, Philippine business news, Philippines, economy, investments  No Comments

Bibingkinitan! is growing

Bibingkinitan! The dealer of those delicious mini-bibingka, is embarking on an agressive expansion binge. Now a fast-rising Filipino food chain, Bibingkinitan! is expanding and is targeting about 100 new outlets by the end of this year.
President and CEO of FoodAsia Corp., Richard V. Sans, said that half of the new stores would be owned by [...]

February 1, 2010  Tags: , , , , , ,   Posted in: Announcement, Corporations, Opportunities, Philippine business news, Philippines, Products, finance, franchise, investments, marketing  No Comments

Proposed commercial complex in Benguet

A commercial complex, which will cover around 3,910 square meters, will be built in Benguet’s public market area.
The proposed mall in Benguet is expected to further alter this town’s landscape from a flower and strawberry producing economy to a fast urbanizing capital.
Town mayor Artemio Galwan believes that the Benguet mall would enhance the town’s revenue [...]

January 31, 2010  Tags: , , , ,   Posted in: Announcement, Consumers, Corporations, Government, Philippine business news, Philippines, economy, investments  No Comments

Terminator coming to town

Yes, the star of Terminator is coming to Philippines next year, but it will be a purely-business trip. California governor Arnold Schwarzenegger will be leading a business delegation who will visit the country in 2010.
The Department of Trade and Industry (DTI) said the actor-turned politician will be bringing along about 200 businessmen from San Francisco [...]

December 26, 2009  Tags: , , , ,   Posted in: Announcement, Corporations, Foreign exchange, Government, International relations, Opportunities, economy, investments, marketing  No Comments