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

Republic Act 9505 or the PERA Act of 2008

A new law that hopes to encourage Filipinos to invest more of their savings in high yield products has been signed recently. The PERA Law or Personal Equity and Retirement Account will be implemented by the Bangko Sentral ng Pilipinas (BSP) next year.
BSP Governor Amando M. Tetangco Jr., one of the signatories of the implementing [...]

October 22, 2009  Tags: , , , , , , , , , , ,   Posted in: Announcement, Government, Philippine business news, Philippines, banking, finance, investments, money  No Comments

Meralco announced power rate cuts, rotates brownouts schedule

It was definitely good news to customers of the Manila Electric Co. as Meralco announced that they will give another power rate cut this October.
Meralco customers will get lower bills this month as the power company reduced its rate by 11.55 centavos per kWh this October. This was made possible said Meralco vice president and [...]

October 8, 2009  Tags: , , , , , , , , , , , ,   Posted in: Announcement, Consumers, Corporations, Customer Service, Philippine business news, Philippines  One Comment

Lower housing loan rates from SSS

To help Filipinos whose homes were damaged by the recent onslaught of tropical storm Ondoy last , SSS reduced loan rates for home repairs and improvements.
The reduced rates for SSS is now at 9%, from a previous 13% per annum. The maximum amount of loan that can be availed is P300,000 and payable up to [...]

October 2, 2009  Tags: , , , , , , ,   Posted in: Announcement, Consumers, Government, Housing, Philippine business news, Philippines, economy, finance, money  No Comments