Two major renewable energy biomass project in the Visayas grid will soon be constructed by a UK-based firm to address the looming power supply shortage in the region by 2010. Green Power Panay Philippines Inc., an affiliate company of UK firm Global Green Power PLC, has signed a series of electricity supply agreements (ESA) in [...]
The Philippines’ Business Process Outsourcing (BPO) industry will not be affected by the international financial crisis. This was assured by Dr. George Sorio, executive director of Cyber City Teleservices, who said that if the financial crisis would force international BPO firms to close shop, “its effects (to the Philippines) are not that drastic.” Sorio noted [...]
Tourism and Business Process Outsourcing (BPO) will remain the driver of economic activities next year. Emando S. de Leon, deputy director for Department of Economic Research (DER) of the Bangko ng Sentral ng Pilipinas (BSP) said in an interview with Davao reporters that the two industry sectors will continue to bring in investments. “My projection [...]
People making list, buying special gifts… ooops you are singing aren’t you? Its holiday season again and a lot of us are busy buying gifts and some are looking for cool Christmas gift ideas. Nothing captures the spirit of the Christmas like a unique gift that’s been made with love and personal touch. If you [...]
A lot of people now are getting interested in Forex Trading but the question is How to open a forex account? Don’t jump into Foreign currency exchange trading without first understanding what forex trading is all about. A lot of new forex traders make the mistake of placing their investment and trading foreign currency without [...]
The Forex market, Foreign currency exchange or Forex currency exchange is a simultaneous cash market where international currencies are being traded, normally via forex brokers. Now that worldwide economy is down, everyone should wisely think where to put money for good investment. Foreign currencies are constantly and simultaneously bought and sold across local and international [...]
Worldwide credit card usage is up while the economy is struggling globally. During holiday season each credit card user has always the tendency to max up the usage of the plastic money. It is globally recognized that credit card debt is a growing problem. Everyday more and more consumer are spending more than what they earn [...]
The Philippines is set to grab a big share of the global export market for “Pangasius” catfish dominated currently by Vietnam, China, Taiwan and the United States. Eduardo Lazo, business development manager of Vitarich Corporation, said huge opportunities await hundreds of Filipino fishpond owners, new investors and fishing firms all over the country who are [...]
It was built for fishermen in Panamao, Sulu, but local residents growing exportable “agar-agar” (seaweeds), from where Carrageenan is derived, are just as lucky for their new seaside fish landing facility has improved their productivity too. Roadside eateries being run by Tausog and Samah villagers engaged in seaweeds production have also sprouted like mushrooms in [...]
The Department of Tourism (DOT) recorded visitor arrivals of 1,919,130 from January to July 2008, a growth rate of 6.1 percent from last year’s 1,809,539. ASEAN had arrivals of 146,291. Singapore, which is part of the ASEAN, had recorded arrivals of 57,332; Malaysia, 39,515; Thailand, 19,121; Indonesia, 15,997, Vietnam, 6,125; Mynamar, 2,852; and Brunei Darussalam, [...]
