Archive for the ‘Products’ Category

Franchising seminar

Planning of getting a franchise for a business? Here’s an opportunity for you to learn the ropes on how to get a franchise here in the Philippines.
There is a scheduled franchise seminar to be held tomorrow, March 7, 2010 at the Mang Inasal, Makati Ave. corner Jupiter Street in Makati. The seminar will start at [...]

March 4, 2010  Tags: , , , , , , , , ,   Posted in: Announcement, Education, Opportunities, People, Philippine business news, Philippines, Products, business opportunity, economy, entrepreneur, entrepreneurship, franchise, marketing, money, promotions  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

Yuan-denominated products offered in BPI

Major banks in the Philippines are now offering yuan-denominated savings accounts. The latest to join the ranks of local banks who offer these products is the Bank of the Philippine Islands.
The yuan or Renmibi products of BPI would be opened in the first week of the new Chinese New Year of the Metal Tiger. These [...]

February 14, 2010  Tags: , , , , , ,   Posted in: Corporations, Customer Service, Foreign exchange, International relations, Philippine banks, Philippine business news, Philippines, Products, banking, economy, finance, money  No Comments

Meralco hikes rates anew

The Manila Electric Company (Meralco) will be implementing around round of power rate increase this month. Meralco hikes rates by P0.56 a kilowatt, and the company said the power rate increase was due to the higher cost of power it buys from independent producers and the electricity spot market.
Meralco first vice president Ivana de la [...]

February 7, 2010  Tags: , , , , , , ,   Posted in: Announcement, Consumers, Customer Service, Philippines, Poverty, Pricing, Products, economy, money  No Comments

BancNet members reached 59 in 2009

The number of members in BancNet has reached 59 at the end of 2009.
Last year, BancNet welcomed into its roster 10 new members, these are: Philippine National Bank (PNB), Equicom Savings Bank, Maybank Philippines, China Bank Savings, Wealth Bank, Entrepreneur Bank, Optimum Development Bank, Rural Bank of Dulag, Gubat St. Anthonry Cooperative and News Multi-Purpose [...]

February 2, 2010  Tags: , , , , , , ,   Posted in: Announcement, Consumers, Philippine banks, Products, banking, communications, e-commerce, economy, finance, innovation, money  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

Senate Bill 3966, makes insurance firms pay for fortuitous events

Last year, at the onslaught of tropical storms Ondoy and Pepeng, many motor vehicles were swept and inundated by floods and landslides, rendering them inoperable and in many cases, beyond repair.
Car owners who filed claims from their insurance companies for their losses were met with the ‘acts of God’ clause in insurance policy, which frees [...]

January 22, 2010   Posted in: Announcement, Consumers, Customer Service, Government, Law, Philippine business news, Philippines, Products, economy  No Comments

BIR to check on companies’ year-end inventories

Here’s one last attempt of the Bureau of Internal Revenue (BIR) to catch up of companies trying to pull a fast one on the revenue agency.
BIR field personnel will be going out and check the warehouses of companies to verify their year-inventories viz-a-viz their submitted year-end declaration.
Revenue Memorandum Order No. 40-2009 was issued by BIR [...]

December 28, 2009  Tags: , , , , ,   Posted in: Announcement, Corporations, Government, Law, Philippine business news, Philippines, Pricing, Products, Taxation, economy, finance, money  No Comments

Oil price increase starts after lifting of EO 839

A day after Executive Order 839 has been lifted by President Arroyo, independent oil players has taken the lead and started raising their pump prices Monday.
Unioil Petroleum, Flying V, Eastern Petroleum Corp , and Phoenix Petroleum were the first to fire the first salvo of increases. Unioil Petroleum increased by P1.50 per liter all its [...]

November 18, 2009  Tags: , , , , ,   Posted in: Announcement, Corporations, Philippine business news, Philippines, Pricing, Products, economy  One Comment

Durabrand DVD players recalled by Wal-Mart

About 1.5 million Durabrand DVD players are being recalled by Wal-Mart because said products has the possibility of bursting into flames, according to the U.S. Consumer Product Safety Commission.
There have been 12 complaints of DVD players overheating which were already received by Wal-Mart. Five of those have caused fires resulting to damaged in properties. No [...]

August 20, 2009  Tags: , , , , , ,   Posted in: Announcement, Consumers, Products, Warning  No Comments