BPO firm SPi Global eyes Australian market
Business process outsourcing (BPO) company SPi Global is looking at the Australian market for its next target. The BPO company, a wholly-subsidiary company of telecommunications giant Philippine Long Distance Telephone Co. (PLDT), said it wants to add Australia to its global resource network to tap new opportunities. Company president Maulik Parekh said because of the [...]
September 3, 2011
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Tags: BPO, business news, business process outsourcing firm, Call Center, Employment, investment, Job Opportunities, Philippines, SPi Global · Posted in: BPO, Business News, Call Centers, Career, communications, Corporations, economy, Employment, investments, Opportunities, Philippine business news, Philippines
Puregold sets IPO date to September 21
The Puregold Price Club Inc. will launch its initial public offering (IPO) on September 21, 2011. The supermarket chain hopes to raise P12.4 billion in its IPO which it will use for its planned expansion. The IPO, which is only the second in the country this year, was approved by the Philippine Stocks Exchange for [...]
August 28, 2011
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Tags: business news, finance, initial public offering, investment, IPO, money, Philippines, PSE, shares of stocks, stocks · Posted in: Announcement, Business News, Corporations, economy, Foreign exchange, IPO, marketing, money, Opportunities, Philippine business news, Philippines, Pricing, Products, promotions
Cebu Pacific acquires more Airbus
Cebu Pacific will acquire more Airbus aircraft. The Gokongwei-led budget carrier said in its report to the Philippine Stock Exchange (PSE) that an order for 30 A321neo aircraft Airbus has already been finalized, which increased the airline’s Airbus order to 71.
August 9, 2011
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Tags: air travel, Airbus, airline, budget flight, business news, Cebu Pacific, flight, investment, Philippines · Posted in: Announcement, Business News, Corporations, economy, finance, investments, Philippine business news, Philippines, Transportation, Travel
Spanish companies to invest in the Philippines
Union Fenosa International SA, Gamesa and Grupo Leche Pascual, three Spanish companies are interested in investing in the Philippines. The news was delivered by Board of Investments (BOI) managing head Cristino L. Panlilio who came from his recent trip to Spain. Panlilio said he met with representatives from the three firms who all expressed interest [...]
August 3, 2011
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Tags: business news, Employment, Gamesa and Grupo Leche Pascual, investment, Job Opportunities, manufacturing firm, money, natural gas, Philippines, power plant, renewable energy, Spain, Union Fenosa International SA, wind turbine · Posted in: Announcement, Business News, business opportunity, Career, Corporations, economy, Employment, finance, Government, International relations, investments, Job Opportunities, money, Opportunities, Philippine business news, Philippines
Manila Water signed P500M loan deal for its Boracay unit
Boracay Island Water Co. Inc. signed a P500-million term loan facility with Development Bank of the Philippines and Security Bank recently. The terms of the loan include an option to increase the amount the P1 billion. A subsidiary of the Ayala-led Manila Water Co., the loan will be used to finance the additional capital expenditure [...]
August 2, 2011
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Tags: bank loan, Boracay, Boracay Island Water, business news, finance, investment, Manila Water, P500 million loan, Philippines, revolving fund · Posted in: Announcement, banking, Business News, business opportunity, Corporations, economy, entrepreneurship, finance, Government, International relations, investments, Loans, money, Philippine business news, Philippines
National Bookstore plans IPO
National Bookstore is seriously thinking of an IPO (initial public), according to company president Alfredo Ramos. The country’s largest bookstore is considering IPO to raise funds for its planned expansion in Southeast Asia. Ramos said they are eyeing China for their future site after successfully setting foot in Hong Kong. He said setting up branches [...]
June 27, 2011
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Tags: business news, initial public offering, investment, IPO, National Bookstore, NBS, passive income, Philippines, PSE, shares of stocks, stockmarket · Posted in: Announcement, Business News, Corporations, economy, entrepreneurship, finance, investments, IPO, marketing, money, Opportunities, Philippine business news, Philippines, Stock Market
Henry Sy tops list of 40 richest men in the Philippines
Henry Sy, the patriarch who is on the forefront of the SM mall chains, is Forbes Magazine’s richest man in the Philippines. Henry Sy remains Philippine’s richest man with a net worth of $7.2 billion, $2.5 billion higher from last year’s $5 billion. The annual listing of 40 richest men in the country of Forbes [...]
June 24, 2011
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Tags: 40 richest men in the Philippines, billionaires, business news, finance, Forbes Magazine, Henry Sy, investment, John Gokongwei Jr., Lucio Tan, money, net worth · Posted in: Announcement, economy, entrepreneur, entrepreneurship, finance, money, People, Philippine business news, Philippines
Nestlé investing P4.8 billion in its new plant
Nestlé is investing some P4.8 billion for its new factory in Tanauan, Batangas. The new factory, which is the company’s fifth in the country, is now under construction and is expected to start operating next year. John Miller, Nestlé Philippines Inc. chairman and chief executive officer said the new factory will be manufacturing Coffeemate. He [...]
June 21, 2011
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Tags: coffee creamer, coffeemate, investment, milk products, Nestlé, new factory, Philippines, tapioca · Posted in: Business News, Corporations, economy, Employment, finance, investments, money, Opportunities, Philippine business news, Philippines
TeleTech to open two more BPO facilities in the Philippines
Business process outsourcing (BPO) firm TeleTech Holdings Inc. will open two more call center facility in the Philippines, a sign of its confidence in the country’s economy and the continuous growth of the BPO industry here. Currently having 12 service centers across the Philippines, Teletech will open its 13th site at the Robinsons Corporate Center [...]
June 17, 2011
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Tags: BPO, business process outsourcing, Call Center, Employment, expansion, investment, Philippines, TeleTech · Posted in: BPO, Business News, Call Centers, Corporations, economy, Employment, finance, investments, Philippine business news, Philippines
DTI flies to Australia to invite investors
The Philippines has invited Australian businesses to invest in the country. The Department of Trade and Industry (DTI) Secretary flew to Australia this week together with Undersecretary Adrian Cristobal Jr. to meet with Australian Trade Minister Craig Emerson. The visit was aimed to discuss the business opportunities between the two countries.
June 17, 2011
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Tags: Australia, business news, DTI, foreign investors, investment, trade and industry · Posted in: Announcement, BPO, Business News, economy, Employment, Government, International relations, investments, Philippine business news, Philippines
