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Smart, partner fast-track mobile TV service rollout
Smart Communications, Inc. (Smart) and broadcast company 360media Corp. (360media) are fast-tracking the roll-out of their mobile television service, MyTV, in the Northern part of the country, starting with Baguio then moving on to Itogon and La Trinidad.
RP emerges as top BPO destination
The Philippines rates highly on global companies’ radar screens and will continue to be a favorite destination for the estimated 0-billion business process outsourcing (BPO) industry, according to a recent global study.
Construction boom under way here
The 21 percent growth in construction gross value added for the Philippines in the first half of 2007 signals the construction boom.
Low rates take toll on insurance prices
The low interest rate environment will continue to its toll on the price of insurance premiums on the country, Philippine Life Insurance Association (PLIA) President Emilio de Quiroz said.
ICT Group expands BPO facilities here
ICT Group, Inc., a leading global provider of customer management and BPO solutions, has expanded its business operation in the country with the opening of its second facility at Marikina in Metro Manila, increasing its global production capacity.
NCC, IFC join to lift RP competitiveness
The National Competitiveness Council (NCC) and the International Finance Corporation (IFC) have agreed to work together in speeding up the implementation of quality reforms to improve the business environment in the country.
ERC reprimands NIA for trading on WESM with getting a license
The Energy Regulatory Commission (ERC) reprimanded the National Irrigation Administration (NIA) for trading at the Wholesale Electricity Spot Market (WESM) without first securing a certificate of compliance or COC.
Speakers listed for int’l invest forum on Oct. 18-19
Lawyer Francis Ed. Lim, President of the Philippine Stock Exchange, joins the list of distinguished international financial executives who will be speaking before the 2007 Pacific Region Investment Conference to be held in Manila on October 18 and 19 at the Mandarin Oriental Hotel.
P/$ stands at P44.75/$ 1
The peso exchange rate stands at P44.75 to the US dollar last Friday at the Philippine Dealing & Exchange Corp., (PDEx). The weighted average rate stands at P44.768.
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