February 11, 2012
Binalot Fiesta Foods Inc. (BFFI), home of classic Pinoy dishes wrapped in banana leaves, expects to roll out 12 new stores this year for a total of 52 stores as it signed a partnership agreement with Robinsons Malls to be able to get prime locations at cheaper rates.
February 11, 2012
Many of us are familiar with the world-wide Precious Moments characters that have been immortalized in porcelain figurines, greeting cards, children’s clothing, stuffed animals, dolls and even bibles.
February 11, 2012
Pre-paid subscribers of Smart Communications, Inc. (Smart) can now make calls to all local mobile networks, any landline anywhere in the country and even international numbers at P2.50 per minute without changing their phones or SIM cards.
February 11, 2012
Quezon City 1st District Rep. Vincent Crisologo has moved to defer discussions on the excise tax bill to give way to a pre-conference with congressmen from tobacco-producing provinces.
February 11, 2012
Developing countries including the Philippines are now taking up 50 percent of world’s production of genetically modified (GM) crops, bringing $7.7 billion revenue and particularly raising income for farmers now tending 600,000 hectares of GM corn locally.
February 11, 2012
Globe Telecom Inc. and parent company Singapore Telecommunications (SingTel) has launched MyAppsMall, a new applications (apps) store that allows Filipino customers to search, buy and download over 20,000 mobile applications and games in a single portal.
February 11, 2012
A routine task of sending money home to his loved ones in the Philippines saw Julio F Fonte Jr. walking away richer by P700,710 (RM50,000 converted using RM1: P14.0142), when he received the grand prize in the Maybank “Mega Remittance Promotion” campaign.
February 10, 2012
News in Brief
February 10, 2012
China's trade activity fell in January from a year earlier, data showed Friday, as a domestic slowdown, overseas turmoil and factory closures during the Lunar New Year holiday hit demand.
February 10, 2012
Consumers may have to bear an additional burden by helping shoulder the higher power rates in missionary areas.
February 10, 2012
The Philippine government’s debt stock reached P4.932 trillion as of November last year, higher by P34 billion compared with the end-October level, due to higher local borrowings and depreciation of the peso against the US dollar.
February 10, 2012
Export earnings in December 2011 continued to decline by 20.7 percent from $4.201 billion recorded in December of previous year to $3.332 billion due to continued weakness in electronics, the country’s biggest export item.
February 10, 2012
The Department of Energy (DOE) has ordered all electric cooperatives and distribution utilities to determine the vulnerability of vital facilities to natural calamities through a risk assessment review.
February 10, 2012
After failing to privatize its supply contract through the engagement of an independent power producer administrator (IPPA), the Power Sector Assets and Liabilities Management Corporation (PSALM) is now offering the 145.8-megawatt Naga thermal facility to the private sector via an operation and maintenance (O&M) service contract.
February 10, 2012
Philippine Airlines (PAL) has flown donated relief goods for free to victims of the recent earthquake that hit Iloilo, Bacolod, Dumaguete and Cebu.
February 10, 2012
State-run Government Service Insurance System (GSIS) has earmarked P260.8 million in emergency loan for its members affected by heavy rains and flooding in the Visayas region.
February 10, 2012
Belle Corporation, a high-end property developer and gaming firm, is seeking to lease at least 10 hectares of land within PAGCOR City so it can build a second casino at a cost of about $1 billion.
February 10, 2012
Homegrown restaurant chain Gerry’s Grill has opened a second branch in Singapore, a year after opening its first Asian branch at the upscale Marina Bay Sands Resort Hotel.
February 10, 2012
The Department of Energy (DOE) is re-studying the timeline for the establishment of a power reserve market, indicating that the June 2012 deadline given may be waived.
February 10, 2012
Philex Mining Corporation, the country’s most profitable mining company, reported a 6 percent increase in output from its Padcal mine last January to 811,685 dry metric tons from 766,584 DMT in the same month last year.
