Philippine Peso to climb up to P43 to $1
In spite of the prediction of some economist that the peso will soon weaken, especially during the coming elections, it continues it upwards surge. According to American banking giant Citigroup, it even sees the peso strengthening to 43 to $1.
According to Citigroup economist Jun Trinidad, the country’s “export earnings as well as the tightening of [...]
April 20, 2010
Tags: dollar, dollar trading, economy, Foreign exchange, forex, money, Peso, Philippine Posted in: Foreign exchange, Philippines, economy, finance, money 
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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
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
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: AFFI, business news, business opportunity, economy, entrepreneur, entrepreneurship, FIP, franchise seminar, franchising, Philippines Posted in: Announcement, Education, Opportunities, People, Philippine business news, Philippines, Products, business opportunity, economy, entrepreneur, entrepreneurship, franchise, marketing, money, promotions No Comments
No wage increase this year
Noting that the financial crisis is far from over, the National Wages and Productivity Commission (NWPC) said that there won’t be any salary increase this year. NWPC executive director Ciriaco Lagunzad said an increase in the daily minimum wage at this point might lead to displacement of workers and closure of commercial establishments, particularly the [...]
October 29, 2009
Tags: benefits, DOLE, economy, employees, Labor, NWPC, Philippines, salary, wage board, wages Posted in: Announcement, Government, Labor, Law, Philippines, economy, finance, money No Comments
Henry Sy is RP’s most richest – Forbes
The Forbes Asia magazine released their latest list of the Philippines’ 40 Richest, and it has mall magnate Henry Sy at the top stop, followed by business tycoon Lucio Tan at second spot and Ayala conglomerate’s chairman emeritus Jaime Zobel de Ayala at third.
Sy’s networth has increased by $700 million from the last Forbes’ list [...]
August 30, 2009
Tags: 2009, economy, Forbes Magazine, Henry Sy, Jaime Zobel de Ayala, Lucio Tan, Manny Villar, Philippines Richest, Top 40 Richest, wealthiest Posted in: Announcement, People, Philippine business news, money No Comments
