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Special Discounts on American Airlines premium MasterCard
Premium (World, Platinum, Titanium, Gold and Premium Debit) MasterCard cardholders travelling to the United States over the summer vacations can enjoy special promotional airfares when they fly with American Airlines on transpacific round trip routes from Manila.

DBP launches business assistance center in Mindanao to help micro-entrepreneurs
State-owned Development Bank of the Philippines (DBP) recently inaugurated a business assistance center aimed at serving micro-entrepreneurs in Lanao del Norte as part of its continuing efforts to assist the enterprising poor in remote areas in Mindanao.

SBTC launches Platinum MasterCard
Security Bank and Trust Co. launched its newest plastic money product called — Security Bank Platinum MasterCard.

Business Agenda Report
If you have been closely monitoring events across the globe, mostly unsettling and unfolding at a quickening tempo, you somehow get the sense that things are going off the handle.

Instructional DVD on franchising launched
Learning everything about franchising business and becoming a successful franchise entrepreneur needs no longer be through a tedious study or formal learning process like seminars.

EGA age defiance products launched
Amega Global Wellness Research Phil. Inc. launched a new line of EGA age defiance products during its recent convention at the PICC.

ACS ties up with WNS to expand reach and become top BPO services provider
Advanced Contact Solutions (ACS) has tied up with India’s WNS Group to expand its reach and make it the leading global provider of business process outsouring (BPO) services.

13th Graphic Expo highlights new ideas on digital imaging, printing
"New Thinking, New Solutions" for digital imaging and printing will take center stage in this year’s 13th Graphic Expo scheduled on June 04-07, 2008 at the Philippine Trade Training Center, Roxas Boulevard, Pasay City.

Peso slips to P42-$ 1 level on fears of inflation, soaring oil
The peso yesterday slipped back to the P42-$ 1 level, after staying within the P40-$ 1 and P41-$ 1 range since the onset of the year, as the financial market became edgy on inflation and interest rates outlook with the price of crude oil skyrocketing to $ 120 per barrel.

SMB prices IPO at P8 per share
San Miguel Brewery Inc., the domestic beer unit of San Miguel Corporation, has priced its initial public offering at P8.00 per share — the lowest end of its reduced price range of P8.00 to P11.00.

Imports climb 21.7% in February
The country’s merchandise imports in February rose 21.7 percent year-on-year to $ 4.491 billions due to increased shipments of electronics and oil products, the government said yesterday.

Globe campaigns against text fraud
Globe Telecom has embarked on a campaign this year to educate consumers on fraudulent text messages being distributed among mobile phone users, especially those soliciting cash or load credits.

NPC to pay P2.9-B PNOC-EDC claims
State-run National Power Corporation (NPC) has concurred to pay some P2.895-billion worth of claims lodged by publiclylisted Philippine National Oil Company-Energy Development Corporation (PNOC-EDC) in an arbitration agreement reached by the parties involving disputes on their various steam supply and power purchase agreements.

Bidding puts transparency in MWSS project
The Metropolitan Waterworks and Sewerage System (MWSS) has subjected the P465-million sewage treatment plant through an international competitive bidding and thorough evaluation and can never be anomalous as alleged.

NG posts P49-B primary surplus in Q1
The National Government posted a primary surplus of P48.7 billion, 30.9 percent higher compared to year-before and 6.6 percent more than the program for the period of P42.1 billion, the Bureau of the Treasury said.

Market Track
The Philippine Stock Exchange (PSE) Index dropped 66.09 points or 2.32 percent to 2,777.93 mainly on profit taking despite gains in Wall Street last Thursday while the All Shares index dropped 26.11 points or 1.49 percent to close at 1,730.66.

RP biotech herbal cure enters export market
A herbal cream developed by Filipino inventor Rolando de la Cruz to cure basal cell carcinoma (BCC), a common skin cancer, will be on the shelves of pharmacies in Australia and Canada this year.

Export Action Line
Medical tourism is big business.

P/$ rate closes at P42.04/$ 1
The peso exchange rate closed lower at P42.04 to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from P41.975 the previous day. The weighted average rate depreciated to P42.058 from P41.954. Total volume amounted to $ 937.7 million.


 

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