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SN Power, partner to bid as IPP administrator for PPAs
SINGAPORE — SN Power and its joint venture partner Aboitiz Power Corporation have been positioning to bid as IPP Administrator (IPPA) for the power purchase agreements (PPAs) of National Power Corporation (NPC) with the independent power producers (IPPs) due for privatization this year.
RP moves to get P3-B IFAD agri loan
The government is availing of a P3.056-billion rural development loan from the International Fund for Agricultural Development (IFAD) for the sustained implementation of the Cordillera Highland Agricultural Resource Management (CHARM).
Assemblers want to keep incentives
Local automotive industry is strongly opposed the plan of the Board of Investments to delist auto assembly and manufacturing activity in the proposed 2008 Investment Priorities Plan (IPP) stressing these would imperil pending applications for new investments in the commercial vehicle manufacturing and additional jobs generation.
Philexport seeks BSP mandate review
The Philippine Exporters Confederation (Philexport) has urged Congress for an immediate review of the mandate of the Bangko Sentral ng Pilipinas (BSP) for its failure to advance the country’s economic interests with the current strengthening peso that hurt the export sector.
PSE studies extending trading hours
The Philippine Stock Exchange is again considering proposals to extend its trading hours to allow prospective investors in other time zones to participate in the activities of the local bourse.
Business and Society
In a country where sixty million or more foreign tourists come to visit every year, Barcelona and the surrounding region of Catalunya account for the second largest inflow after the Canary Islands.
Congress urged to help push e-jeepneys as safe and cheap alternative to diesel-fired
Electric jeepneys, taunted as the clean and safe alternative to diesel-fired and pollutive jeepneys, are being grounded on their track by the inaction of the Department of Transportation and Communication and its attached agencies—the Land Transport Office and Land Transport Franchise and Regulatory Bureau—to register these units and give them license plates as public conveyance.
Top Korean tire brand Nexen rolls into Philippine market
Macro Auto Corporation is rolling into the Philippine market Nexen Tire, a leading South Korean tire brand for passenger cars, SUVs, light trucks, and vans.
Human resource mgmt and organization dev’t post-baccalaureate program offered
The De La Salle College of Saint Benilde School of Professional and Continuing Education (SPaCE), in consortium with Ancilla Enterprise Development Corporation (AEDC), is currently offering post-baccalaureate diploma programs in human resource management (HRM) and organization development (OD) to professionals and practitioners interested in pursuing a career or are currently engaged in training, HRM and OD.
Nutriwell Int'l launches new product
Nutriwell International Corp., a 100% Filipino-owned company, recently launched Oleia Balancing Oil, a natural, safe, fast acting anti-inflammatory oil, the first of its kind in the market today.
Business genda Report
The National Statistics Coordination Board (NSCB), perhaps without meaning to, put a damper on the much-vaunted economic gains posted in the last quarter of 2007 when it recently made public its survey showing 27.6 million Filipinos, or approximately one out of three Filipinos today, are living below poverty threshold.
7-Eleven offers five important tips on finding franchise success
The 7-Eleven’s local licensor, Philippine Seven Corporation (PSC), the steadily growing number of 7-Eleven franchisees now offers five important tips that may guide fellow entrepreneurs to a successful entry into the world of business.
PSB helps OFWs secure a better future
Families and loved ones of hard-working OFWs can secure brighter and better future by making sure their hard-earned remittances are wisely invested in profitable business ventures or invested safely in the bank.
P/$ stands at P40.85/$ 1
The peso exchange rate closed at P40.85 to the US dollar last Friday at the Philippine Dealing & Exchange Corp. (PDEx). The weighted average rate stands at P40.812.
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