Archive for the ‘investments’ Category
Figaro to open more stores in 2010
The country’s largest Filipino-owned coffee company plans to expand operations this year by opening up one or two outlets each month, or a total of 18 stores before the year ends.
Figaro Coffee Co. sets aside a total of P78 million to fund the increase of its 65 coffee shops in the Philippines. Marketing manager of [...]
June 26, 2010
Tags: Business, coffee, coffee shops, entrepreneur, expansion, Figaro, Filipino-owned, investments, Philippines Posted in: Announcement, Corporations, Employment, Philippine business news, Philippines, Products, economy, entrepreneur, investments, marketing 
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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 received. [...]
April 27, 2010
Tags: finance, investment instruments, investments, money, OFWs, retail treasury bond, RTB Posted in: Foreign exchange, OFWs, Philippine business news, entrepreneurship, finance, investments, money One Comment
$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 that they [...]
April 19, 2010
Tags: auctioned, exemption, Government, incentive, investment instruments, money, multi-currency, Philippines, retail treasury bonds, RTB Posted in: Announcement, Government, Philippine business news, Philippines, banking, economy, finance, investments, money One Comment
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 of [...]
April 5, 2010
Tags: business news, commuters, conglomerate, economy, metro rail transit, MRT 7, Philippines, San Miguel, SMC, transporation Posted in: Announcement, Corporations, Customer Service, Philippine business news, Philippines, economy, entrepreneur, investments No Comments
Loyalty club for Globe load retailers
Here’s a treat for all Globe load retailers.В 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 be [...]
April 2, 2010
Tags: AMAX, Globe retailers, Globe Telecoms, horro, incentives, loyalty club, scare Posted in: Corporations, Opportunities, Philippine business news, Philippines, Products, business opportunity, communications, entrepreneur, entrepreneurship, innovation, investments, marketing, promotions No Comments
Globe Asiatique gets SEC nod for IPO
Globe Asiatique gets the green light from Securities and Exchange Commission (SEC) for its planned initial public offering (IPO). The SEC approved the IPO of of Globe Asiatique Realty Holdings Corp. which is seen to raise up to P3.05 billion in fresh capital.
Globe Asiatique, on its statement filed with the SEC, said it will issue [...]
March 20, 2010
Tags: business news, Globe Asiatique, IPO, low-cost housing, money, Philippines, public offering, real estate, SEC, Securities and Exchange Commission, stocks Posted in: Announcement, Corporations, Government, IPO, Law, Opportunities, Philippine business news, Philippines, Stock Market, economy, finance, investments, money No Comments
BPO industry continues to grow
The business process outsourcing (BPO) industry in the Philippines continues to grow. In fact, the growth of the BPO sector is said to be unstoppable as it is expected to accelerate in the first half, with many companies committing to expand faster that expected.
In the report from Inquirer, executive director of the Business Process Association [...]
March 15, 2010
Tags: BPAP, BPO, business news, business process outsourcing, Call Center, employement, jobs, outsourcing, Philippines Posted in: BPO, Call Centers, Career, Corporations, Employment, Job Opportunities, Philippine business news, Philippines, economy, investments One Comment
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: dollar, economy, export, Foreign exchange, forex, Peso, Philippines, remittances 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 FabiaГ±a 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
