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Government asked to rethink extension of agrarian program
The government should rethink its agrarian reform policy if it has to raise food production as this socially "popular" system has only widened Philippines’ rich- poor gap and pushed back agricultural production.
Cebu tycoon diversifies investments, goes into food supplements business
Cebuano tycoon Richard L. King continues to diversify his business and investments and has now ventured into food supplements "in pursuit of its Corporate Social Responsibility in its more profound sense."
MSCB accepted as MegaLink member
MegaLink, the country’s pioneering ATM consortium, has accepted Metro South Cooperative Bank (MSCB) as its first cooperative member bank.
UnionBank 1st quarter income improves
UnionBank of the Philippines posted a net income of P602.49 million in the first quarter of 2008, showing better performance in net interest income and operational costs.
Pre-need firm to release education plan benefit checks to planholders
Leading pre-need company Eternal Plans Inc. is set to release to its branches nationwide the education plan benefit checks of planholders for the first semester of schoolyear 2008-2009.
ADFIAP names DBP president Outstanding CEO
TEHRAN, Iran — Development Bank of the Philippines (DBP) president and chief executive officer Reynaldo G. David has been named Outstanding CEO of the Year by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) in recognition of his dynamic leadership and performance in the state-owned bank.
Business Agenda Report
An interesting article for job seekers recently came out in the Internet and since we are a nation where the siren call of working overseas is irresistible, I saved it in my documents knowing that it would be a good reference material for a future column.
MasterCard takes the lead in premium card segment
MasterCard Worldwide continues to take the lead in the premium card segment as it works hand-in-hand with leading banks to develop the most innovative and rewarding premium cards (Platinum and Titanium cards) in the Philippines.
Magnolia Chicken awarded Seal of Excellence by the meat body
Magnolia Chicken was recently awarded the Seal of Excellence by the National Commission for Meat Establishments and Technology (NACOMEAT).
Independent groups tapped to assess, review CARP
The Congressional Oversight Committee on Agricultural and Fisheries Modernization (COCAFM) has commissioned three prestigious institutions to conduct a comprehensive assessment and review of the Comprehensive Agrarian Reform Program (CARP) which will expire in June 2008.
P5.5-B Cebu Pacific fleet expansion granted tax perks
Gokongwei-owned Cebu Air Inc. (CEB), owner of the country’s second biggest airline Cebu Pacific, is investing P5.52 billion to expand its existing fleet with an additional 14 brand new aircraft as it aggressively widens its presence in both the domestic and international routes.
Lopez: Meralco transparent by law
Lopez family patriarch Oscar Lopez issued a statement taking exception to the government’s claim that all they want from Manila Electric Company is transparency.
BSP recasts key 2008 assumptions
Because of persistent market volatility the Bangko Sentral ng Pilipinas (BSP) has recast its exchange rate, exports/imports and inflation assumptions this year.
Retail sales slowdown anticipated
Retail sales are expected to reverse to a negative five percent growth this year erasing the industry’s 7-10 percent gain last year as consumers scrimp to stay more liquid in light of the surging prices in fuel and commodity items.
NDC pushes Cavite-SLEX toll road
The National Development Co. (NDC) will finally implement the proposed toll road project that will link Daang Hari in Bacoor, Cavite and South Luzon Expressway on a build-operate-transfer scheme.
Business and Society
As part of its 50th Anniversary Celebration, the IESE Business School held an international conference in its campus in Barcelona on The Future of Leadership and the Role of Business Schools.
TVIRD Canatuan mine rehabilitation on track
After nearly four years of operations had been completed and with another six years of operations anticipated, TVI Resource Development Philippines, Inc. (TVIRD) has been busy implementing the Final Mine Rehabilitation and Decommissioning Plan for the Canatuan Project in Siocon, Zamboanga del Norte. Over 100,000 trees planted under TVIRD reforestation program.
IBM global financing (IGF) goes to Davao
IBM Philippines recently hosted a C-level event on IBM Global Financing (IGF) held in the Marco Polo Hotel, Davao City.
Why has coffee developed into a thriving industry in Philippines
Filipinos have developed their own unique ways of drinking NESCAFÉ and these have all been largely influenced by practices handed down to them by their elders, their living conditions, and their work environment.
Age is no deterrent to business success
Ronald Espinoza started his first Seaoil gas station in Gulod, Novaliches, Quezon City at the age of 23.
Business Agenda Report
Although it is not a declared State policy, we are concededly one of the world’s major human labor exporters – euphemistically termed service provider – as evidenced by more than 8 million Filipino migrant workers now deployed globally in search of the proverbial greener pastures.
Great summer travel deals from Citibank credit cards
Get ready for an exciting summer with your family and friends as Citibank credit cards let you fly to your dream destinations at very affordable rates.
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