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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.
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.
Bayer Phils., Schering unit to merge
Bayer Philippines, Inc., the local unit of German firm Bayer AG, will absorb with Schering Philippine Corporation (SPC), a subsidiary of the company, in a merger.
Rice prices soften with new harvests
The government reported yesterday rice prices are softening after Japan offered to sell rice to Manila amid news of bumper world harvests for 2008.
Banks’ profits may recover in 4th quarter
The profitability of banks is expected to improve towards the end of the year from the prevailing sluggish trend due mainly the ill-effects of skyrocketing prices in crude oil, food and other basic commodities, said Bank of the Philippine Islands (BPI) President and Chief Executive Officer Aurelio Montinola III.
Banana plantations in Luzon pushed
The Department of Science and Technology (DOST) is aiming to increase lakatan banana (Scavendish) production in Luzon area to help Mindanao meet the growing import demands from banana and to lower the local cost of good quality lakatan bananas in the market.
World economy is ‘teetering on brink’ of downturn – UN
UNITED NATIONS (AP) — The world economy is "teetering on the brink" of a severe downturn and will grow by only 1.8 percent in 2008, the United Nations said in its mid-year economic projections.
Accreditation for AEO status to require substantial investments
Substantial amount of investments from companies will be required to secure Bureau of Customs (BoC) accreditation for authorized economic operator (AEO) status, but its benefits will be felt in the long run.
Insular offers investment options in a bear market
Insular Life, the first and largest Filipino life insurance company, is offering the Wealth Series investment plan that allows investors to cope with a bear market.
IFC plans lending $ 100 M to buyer of Ambuklao-Binga
The International Finance Corporation is considering the extension of a $ 100-million loan to SN Aboitiz Power Benguet Inc. (SNAPB) for its 175-MW Ambuklao-Binga hydroelectric power plants.
Export industry clusters eyed to be converted into growth centers
Export industry clusters that have been found as models by an Export Development Council (EDC) review team led by retired Science and Technology Secretary Ceferino Follosco will now be converted into "growth centers" in regions and provinces where they are located.
P/$ stands at P42.80/$ 1
The peso exchange rate closed at P42.80 to the US dollar last Friday at the Philippine Dealing & Exchange Corp., (PDEx). The weighted average rate stands at P42.752.
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