BusinessWorld (Philippines) articles from April 2010, page 4

BusinessWorld (Philippines) archives from April 2010

PEOPLE.
April 26, 2010... San Beda College elects rector-president The Board of Trustees of San Beda College has recently elected Rev. Fr. Aloysius Ma. A. Maranan as rector-president of San Beda College, Mendiola Manila. Elected during a special meeting last April...

Elderly colorectal cancer patients live cancer-free longer.
April 26, 2010... The results of the international phase III study NO16968 (XELOXA), an open-label, randomized trial of XELOX (oral capecitabine in combination with intravenous oxaliplatin) versus 5-fluorouracil/leucovorin (5-FU/LV) as adjuvant therapy for...

CONSUMER GUIDE.
April 26, 2010... Cosmetics brand bares newest line of make-up International cosmetics trendsetter Revlon taps into the emerging HD technology beauty trend with its newest line of PhotoReady make-up. The new Revlon PhotoReady line of make-up, powder, and...

BRIEFS.
April 26, 2010... Summit slated The 7th Philippine Non-Life Insurance Summit will be held on April 28 at the InterContinental Hotel, Makati City. Thirteen distinguished local and foreign speakers will discuss relevant and timely topics revolving around the...

SPECIAL FEATURE: FMAP on its 14th Year.
April 26, 2010... Although still very much a young gun, global financial players must admit that the local fund management sector displayed remarkable health under the pressure of the recent downturn. The Fund Managers Association of the Philippines (FMAP)...

SPECIAL FEATURE: FMAP on its 14th Year.
April 26, 2010... Warmest greetings to the officers and members of the Fund Managers Association of the Philippines on the celebration of their 13th founding anniversary. The expansion of FMAP's horizon augurs well for the Philippine banking system, and...

SPECIAL FEATURE: FMAP on its 14th Year.
April 26, 2010... Byline: David T. del Rosario Following the collapse of global economies in 2008, a great deal of emphasis has been placed on further deepening capital markets. Certainly, the aftermath of a recession leaves economies stunned and struggling to...

SPECIAL FEATURE: FMAP on its 14th Year.
April 26, 2010... Byline: Angeline T. Sia No doubt that year 2008 would go down the pages of history as the period where investment bankers were caught off guard as the world witnessed numerous financial giants tumble. And as the world recovers from the slump,...

YIELD TRACKER.
April 26, 2010... Byline: Judy Dannibelle T. Chua Co Philippine debt yields were little changed last Friday from a month ago after the Bangko Sentral ng Pilipinas (BSP) announced it would keep its interest rates steady but raised its inflation forecast for...

Bank eyes women borrowers.
April 26, 2010... Byline: Don Gil K. Carreon Sterling Bank of Asia, Inc., the thrift banking unit of Tiu family-led JTKC Group, plans to increase its consumer loan portfolio by more than two- fifths this year by targeting female borrowers. In a statement...

Peso in tight trading range this week.
April 26, 2010... Byline: Judy Dannibelle T. Chua Co The peso is expected to trade within range against the dollar this week as the national and local elections draw near. Currency traders interviewed on Friday said the peso would trade between P44.25 and...

Trade to be muted amid pre-election jitters.
April 26, 2010... Byline: Judy Dannibelle T. Chua Co Philippine share prices are expected to move sideways as the national and local elections draw near, analysts said. The benchmark Philippine Stock Exchange index (PSEi) closed 0.64% or 21.09 points lower...

COURTSIDE.
April 26, 2010... Byline: Anthony L. Cuaycong As tired as I was from a long Saturday and as early as the live broadcast of Game Four of the Suns-Blazers series may have been, I found myself watching every second of the set-to. The very idea of sleep didn't...

CHESS PIECE.
April 26, 2010... Byline: Bobby Ang The Russian Team Chess Championships took place in Dagomys from 1st- 10th April 2010. The rate of play was 100 minutes for 40 moves, 50 minutes for 20 moves and 10 minutes + 30 seconds increment for all the remaining moves....

TAKE TEN.
April 26, 2010... Byline: Behn Cervantes When I was young, I used to hear older folks conversing. One would ask, "When are you going to see so and so?" "By and by" the other would answer. That would mean that the second person would see a mutual friend in just...

Competing trade fairs worry Manila F.A.M.E. exhibitors.
April 26, 2010... Byline: Johanna D. Poblete The Manila F.A.M.E International last week, which ended yesterday, showed the wares of 247 exhibitors in furnishings, home accessories, fashion accessories and gift items. While the first day of the festival was...

Workin' 925.
April 26, 2010... Byline: Johanna D. Poblete It only took nine months - roughly - to reach the Philippines, but the Kenneth Cole New York Silver Edition collection with its 925 (nine-to-five) technology, including five additional fashion styles for...

Puregold supermarket chain eyes 26 new outlets this year.
April 26, 2010... Byline: Neil Jerome C. Morales WHOLESALE AND retail chain Puregold Price Club, Inc. is set for an aggressive expansion project, expecting to end the year with 26 new outlets. Company executives gave a positive outlook on the supermarket...

BIR to appeal court injunction vs move on Makati tax arrears.
April 26, 2010... Byline: Louella D. Desiderio THE BUREAU of Internal Revenue (BIR) will file an appeal on a temporary restraining order issued by the Court of Tax Appeals (CTA) on the agency's garnishment of the Makati City government's bank account, the...

New stock trading rules require computation for closing prices.
April 26, 2010... Regulators approved late last week revised trading rules for the local bourse, the Philippine Stock Exchange (PSE) said in a statement yesterday. The green light from the Securities and Exchange Commission (SEC) pushed the PSE a step closer...

Mitsubishi seeks hike in local content.
April 26, 2010... Byline: Jessica Anne D. Hermosa The local unit of Japanese automotive firm Mitsubishi Motors Corp. has set lower sales targets for several Philippine-made models this year due to "uncompetitive" prices. It is looking to use more locally...

RP, China customs agencies agree to share information on smugglers.
April 26, 2010... Byline: Louella D. Desiderio THE BUREAU of Customs (BoC) has entered into an agreement with the Customs Administration of China to share information in an effort to curb smuggling and increase collections. The agreement was signed on...

WEEKENDER.
April 23, 2010... Byline: Jeffrey O. Valisno It is getting harder and harder to find work these days. College graduates have found that their opportunities are limited. The situation is much worse for those who only have a high school education - the chances...

WEEKENDER: going out.
April 23, 2010... Byline: Sam L. Marcelo International Book Day, like Christmas and Easter, was brought to the Philippines by Spain. D'a Internacional del Libro began in Barcelona, Spain, where, on St. George's Day, April 23, people would exchange roses for...

WEEKENDER: going out.
April 23, 2010... CONCERT Earth Day Jam 2010 April 23, 7 p.m. Tomas Morato Ave., Quezon City Tonight, the busy strip of Tomas Morato will be filled temporarily by guitar-strumming, drum-beating ambassadors for Mother Earth. Now on it's 10th year, this...

WEEKENDER: going out.
April 23, 2010... PARADE Aliwan Fiesta April 24, 4 p.m. SM Mall of Asia to the Aliw Theater, CCP Complex, Pasay City Every summer, more than 5,000 dancers, musicians, craftsmen and even acrobats compete in Aliwan Fiesta's contests for streetdancing,...

WEEKENDER: movies.
April 23, 2010... Byline: Mira Gloria MOVIE REVIEW Working Girls Directed by Jose Javier Reyes Had the title been changed to Working Girl, this film would have turned out differently. Had the producers pared down the over-a-dozen glittering stars and...

WEEKENDER: staying in.
April 23, 2010... Byline: Jennifer O. Cuaycong TELEVISION Taking Chance April 23, 10 p.m HBO Signature In 2004, barely a year after the start of the Iraqi War, a fresh-faced 19-year-old - one of thousands of young American men and women who felt...

WEEKENDER: health.
April 23, 2010... Byline: Johanna D. Poblete The practice of yoga continues to draw neophytes who turn into devotees once they see what it can do for their posture as well as their weight. ECHOyoga, ECHOstore's newest wellness program, caters to niche...

WEEKENDER: health.
April 23, 2010... In the past, if you had a cartilage lesion, there would be only two options to choose from: accept your fate of early arthritis or get knee replacement surgery. However, thanks to advances in medical technology, a new and cutting edge...

WEEKENDER: health.
April 23, 2010... Asian Hospital forum To help answer questions on pregnancy, Asian Hospital and Medical Center in conjunction with the Departments of Obstetrics and Gynecology, Anesthesia and Pediatrics is conducting lay forums entitled "Simply Maternal." The...

WEEKENDER: marketing.
April 23, 2010... Byline: Raoul J. Chee Kee A campaign to raise funds for children's education culminated earlier this week with the symbolic turnover of the key to a "mobile education van" to UNICEF's country representative Vanessa Tobin. Campaign partners...

WEEKENDER: marketing.
April 23, 2010... Byline: Terence A. Hockenhull The onerous responsibility of billing clients and collecting payment often falls to the accounting department leaving the sales team to identify clients and sell the company's products and services. Indeed,...

WEEKENDER: marketing.
April 23, 2010... Byline: Nanette Franco- Diyco The grand span of summer is the peak period for women and men to experiment on losing weight or gaining muscles in the right places or simply achieving some sought for beauty improvement. There are numerous...

WEEKENDER: travel.
April 23, 2010... Byline: Francis Allan L. Angelo ILOILO CITY - Within this city's old central business district in the downtown area is Calle Real, also known as the heritage zone with over two dozen century-old buildings that the city government intends to...

WEEKENDER: travel.
April 23, 2010... Albay's Magayon fest The Province of Albay marks its 14th Magayon Festival from April 5 to 30 in Legazpi City. The festival will focus on the province's rich history and cultural heritage, and showcase its tourism assets and products, as well...

SPECIAL FEATURE: BW AUTOMOBILES.
April 23, 2010... Byline: Katrina Paola B. Alvarez The past two years were rocky for the auto business as the impact of the global financial crisis rippled down to the assembly line. Some forward thinking might have made the recovery process a little less...

SPECIAL FEATURE: BW AUTOMOBILES.
April 23, 2010... Byline: Hannah M. Muralla A new in-car feature has given auto enthusiasts another reason to fight over the driver's seat: the digital command centers right on the dashboard. Commonly referred to as "infotainment" systems, these high-tech...

SPECIAL FEATURE: BW AUTOMOBILES.
April 23, 2010... Columbian Autocar Corp. (CAC), distributor of Kia in the Philippines, has given the all-new Kia Sorento 2.2L 5-seater diesel variant a pre- selling price of P1.295 million, comparable to that of a compact sport utility vehicle in the local...

SPECIAL FEATURE: BW AUTOMOBILES.
April 23, 2010... Byline: Victoria T. Vizcarra Improving on an already well-constructed car is an uphill challenge, one that automakers face head-on as they race to outdo last year's designs. Even the troubled economy had not kept buyers out of dealerships,...

Special Feature: Bw Automobiles
April 23, 2010... Toyota Motor Philippines Corp. (TMPC) has announced the debut of the 2010 Vios lineup. The new Vios, which comes with a refreshed design, more functional interior features, and a new 1.3 automatic transmission variant, will be available in the...

SPECIAL FEATURE: BW AUTOMOBILES.
April 23, 2010... Byline: Anna Patricia G. Valerio Now on its 19th year, the Trans Sport Show is ongoing this week at the Megatrade Hall in Ortigas. Touted as the car enthusiasts' show run by fellow car enthusiasts, the exhibit has attracted a growing...

BRIEFS.
April 23, 2010... Fair scheduled Enjoy two days of summer art and nature at the beautiful gardens and grounds of The Flower Farm Corporation (TFFC) on its 4th Country Fair on May 1-2 in Tagaytay City. This year, TFFC president Ging de los Reyes says visitors...

BBC features RP's best tourism facets on travel news program.
April 23, 2010... Acclaimed media group British Broadcasting Corp. (BBC) World News once again shone a light on the country's tourism with a three-segment feature on its program entitled Fast:Track. Tourism Secretary Joseph "Ace" Durano acknowledged the...

Makati aims to be the first smog-free city.
April 23, 2010... With 800,000 cars passing through the city everyday, officials knew that the amount of pollution that gets into Makati skyline is serious business. "Makati once again accepts the challenge of being the leader of an innovative and viable...

'Healthymagination' campaign promoted.
April 23, 2010... Health begins at home, and nowhere is this more relevant than for a leading worldwide innovator that practices what it preaches - GE. In 2009, GE took the lead in the health care industry when it launched the $6-billion healthymagination...

CONSUMER GUIDE.
April 23, 2010... Tutoring Club offers fun in learning Let your adorable ones show the world what they have got as Tutoring Club brings out the fun in learning. With their new and effective ways in motivating kids to learn, students are guaranteed to level up...

SPECIAL FEATURE: ICT International Awards.
April 23, 2010... Filipinos who were making their mark in the business process outsourcing (BPO) industry were given a chance to shine during the 4th Annual International ICT Awards. The gala awards night, held at the Grand Ballroom of the Dusit Thani Hotel in...

SPECIAL FEATURE: ICT International Awards.
April 23, 2010... Aegis PeopleSupport is one of the leading business process outsourcing (BPO) companies in the Philippines. Leveraging the strengths of its parent company Aegis Limited, Aegis PeopleSupport brings into the Philippine market over two decades of...

SPECIAL FEATURE: ICT International Awards.
April 23, 2010... Telus International Philippines (TIP) was named BPO Employer of the Year during the 4th International ICT Awards held at the Grand Ballroom of Dusit Hotel in Makati on March 25. The annual International ICT awards recognizes the organizations...

Agri loans rise 3.88% in 2009.
April 23, 2010... Byline: Daniel Anne B. Nepomuceno Loans granted by Philippine financial institutions to the agriculture, fishery and forestry sector rose by nearly 4% last year from a year ago as the government fortified the sector's funding sources amid...

Peso inches up to P44.35:$1 amid thin trade.
April 23, 2010... The peso sustained its climb yesterday, although gaining only a tad amid a thin trade. The local currency closed at P44.35 to the dollar, two centavos stronger than Wednesday's P44.37-to-the-dollar finish. It tracked regional currencies,...

Zuno appointed to PDIC.
April 23, 2010... Retired state prosecutor Jovencito R. Zuno has been appointed to the board of the Philippine Deposit Insurance Corp. (PDIC). A PDIC statement quoted PDIC President Jose C. Nograles as saying that Mr. Zuno's legal and litigation expertise will...

IMF growth upgrade for RP spurs buying.
April 23, 2010... Byline: Judy Dannibelle T. Chua Co Share prices rose for the second straight day yesterday after the International Monetary Fund (IMF) upgraded its 2010 growth outlook for the Philippines. The benchmark Philippine Stock Exchange index...

Kiamco beats Alcano to top Asian Games 9-ball qualifier.
April 23, 2010... Byline: Marlon Bernardino WARREN "WARRIOR" Kiamco showed the Filipino billiards community that he is still a force to be reckoned with in the sport of pool. The Pasil, Cebu native Kiamco beat former double world champion (WPA 9-ball and...

COURTSIDE.
April 23, 2010... Byline: Anthony L. Cuaycong When it comes to naming National Basketball Association awardees, it's hard to argue that emotion doesn't play a huge part in the thought processes of writers and broadcasters who make up the panel of voters. Take,...

GIVE AND GO.
April 23, 2010... Byline: Michael Angelo S. Murillo With Orlando Magic's Dwight Howard named the defensive player of the year by the National Basketball Association the other day, award season in the league has commenced. It is now the time for exemplary...

CHESS PIECE.
April 23, 2010... Byline: Bobby Ang UAAP Chess (Women's) 2009-2010 Season CHAMPION: FAR EASTERN UNIVERSITY (FEU), 34/48. Bd01 Ronna Reigner C. Senora 3.5/7, Bd02 Jedara R. Docena 9.5/12, Bd03 Rulp Ylem M. Jose 10/12, Bd04 Jenny Rose C. Palomo 7.5/11,...

HOT THIS WEEKEND.
April 23, 2010... Sinosikat album launch Sinosikat will launch its 2nd Album at the Eastwood Central Plaza in Libis, tonight at 8 p.m. Concert goers will have a chance to win exclusive band shirts and CDs from Sinosikat. Entrance is free. The band will also...

TAKE TEN.
April 23, 2010... Byline: Behn Cervantes No matter their claims, most candidates are plainly noisy and ambitious men. And rather silly, too. Their political gimmicks - one claims to have been poor and another ordained by the high heavens - are beyond laughter....

Arroyo posts lowest performance rating in Pulse Asia survey.
April 23, 2010... Byline: Gerard S. dela Pena PRESIDENT GLORIA Macapagal-Arroyo remained unpopular among Filipinos with less than three months to go before she steps down from office, with the latest survey from pollster Pulse Asia, Inc. showing that her...

Interim peace agreement OK'd by May.
April 23, 2010... Byline: Darwin T. Wee and Gerard S. dela Pena ZAMBOANGA CITY - The government and Moro Islamic Liberation Front (MILF) peace panels are expected to sign an interim peace agreement next month after both parties reached a "common ground" in...

Gordon seeking stay order on conduct of pre-poll surveys.
April 23, 2010... Byline: Mary Joy Katrina R. Contreras BAGUMBAYAN PRESIDENTIAL bet Senator Richard "Dick" J. Gordon yesterday filed a law suit against polling bodies Social Weather Stations, Inc. (SWS) and Pulse Asia, Inc. for allegedly conducting false and...

Warden relieved over Ampatuan interview.
April 23, 2010... THE BUREAU of Jail Management and Penology (BJMP) has temporarily relieved the warden of a detention center pending an investigation into the media exposure of a principal multiple murder suspect. Interior Undersecretary Marius P. Corpus told...

Comelec: No stopping automated polls.
April 23, 2010... Byline: Ana Mae G. Roa THE COUNTRY would hold its first nationwide automated elections next month as scheduled regardless of management and legal issues hounding the new system and the Commission on Elections (Comelec). In a briefing...

New contracts shunned.
April 23, 2010... THE FRONT-RUNNER to become the next leader yesterday urged foreign governments to sign no new contracts with President Gloria Macapagal- Arroyo's outgoing administration, branding it corrupt. Benigno Simeon C. Aquino III, who is the clear leader...

Villar cleared.
April 23, 2010... The Philippine Stock Exchange (PSE) yesterday said Vista Land & Lifescapes, Inc. (VLL) had complied with the listing and public offering requirements based on its records in 2007. The statement was issued in response to allegations of former...

Senate bets endorsed.
April 23, 2010... Reproductive health advocates are endorsing 15 senatorial candidates who have pushed their agenda amid calls from the Catholic Bishops' Conference of the Philippines not to vote for "anti-life" leaders. The Philippine Legislators' Committee on...

IN THE WORKPLACE.
April 23, 2010... Byline: Reylito A.H Elbo We're experiencing a high turnover of employees this past year despite our competitive pay package. To help us plan for their immediate replacement, how do we know if an employee is planning to resign? What are the...

Losing flag carrier outsources call center services to PLDT.
April 23, 2010... Byline: Emilia Narni J. David Flag carrier Philippine Airlines (PAL) signed a deal to outsource call center services to a unit of Philippine Long Distance Telephone (PLDT) Co. yesterday, just days after announcing the layoff of 3,000 workers...

Ford seeking bigger market share with new Focus variants.
April 23, 2010... Byline: Jessica Anne D. Hermosa Ford Group Philippines wants a higher market share for its Focus sedan this year with the launching of new variants, an executive said. The local arm of the American car maker expects the Philippine-made...

Port operator wants more 'callers'.
April 23, 2010... Byline: Emilia Narni J. David Listed Asian Terminals, Inc. will be conducting road shows to promote the international container terminal of the Port of Batangas. Ernst T.A. Schulze, executive vice-president of Asian Terminals, told...

Four firms to bid for Diwalwal.
April 23, 2010... Byline: Kathleen A. Martin The country's largest mining company, Philex Mining Corp., and three others have pre-qualified for the auction of a portion of the Mt. Diwalwal gold-rush site in Mindanao, according to state-owned Philippine Mining...

STI may go public by second half.
April 23, 2010... Byline: Emilia Narni J. David Systems Technology Institute (STI) College may go public in the second half of the year to raise funds for the expansion of its nationwide chain of computer and nursing schools. Businessman Eusebio H. Tanco,...

Ayala to sell preferred shares.
April 23, 2010... Byline: Neil Jerome C. Morales Ayala Corp. will sell preferred shares with voting rights next month to allow more foreign participation in the Zobel-led conglomerate. "The Board of Directors approved the offer and issuance, exclusively to...

Poultry firm gets investment perks from gov't body.
April 23, 2010... Byline: Jessica Anne D. Hermosa A poultry farm investment worth P583.9 million has bagged tax perks from the Board of Investments, the state agency said in a statement yesterday. Inoza Development Corp. will spend P231.4 million for a...

N. Harbor venture pays P42M.
April 23, 2010... Byline: Emilia Narni J. David The new operator of Manila North Harbor said yesterday it had paid fixed fees to the Philippine Ports Authority (PPA) covering the first quarter. In a statement, Manila North Harbour Port, Inc. said some P42...

PLDT launches 'UNO'.
April 23, 2010... The Philippine Long Distance Telephone (PLDT) Co. is offering a new "unified communications solution" that will allow enterprises to communicate with regional offices through a "seamless" network. Nerissa S. Ramos, PLDT first vice-president and...

PhilWeb profits up in Q1.
April 23, 2010... Profits of PhilWeb Corp. rose by more than half to P150 million in the first quarter as a result of the expanded operation of online gaming outlets. "Revenues were up by 42% year on year, at P239 million, compared with P168 million last year,"...

Atlas unit ships copper.
April 23, 2010... A subsidiary of publicly listed Atlas Consolidated Mining and Development Corp. has completed its sixth shipment of copper concentrates to China. Carmen Copper Corp., which operates the Toledo copper mine in Cebu, sold 5,231.805 wet metric tons...

DTI files cases against erring companies.
April 23, 2010... Byline: Jessica Anne D. Hermosa THE TRADE department yesterday said it filed 40 administrative cases against firms that allegedly violated various fair trade laws in the first quarter of the year. The cases were filed upon complaints that...

Additional thermal plants to solve Mindanao's energy problem - Ibazeta.
April 23, 2010... Byline: Louise G. Dumas CAGAYAN DE ORO CITY - Thermal plants are still the best solution to the Mindanao power problem in the long run, Energy Secretary Jose C. Ibazeta said here on Monday during a consultation with stakeholders. "The...

Tax agency insists it can freeze Makati's P1.1-B bank account.
April 23, 2010... Byline: Louella D. Desiderio THE BUREAU of Internal Revenue (BIR) yesterday said there is no impediment to freezing the Makati City government's bank account amounting to P1.147 billion for the latter's failure to pay its tax deficiencies. ...

Visayas business meeting to tackle power, infra woes.
April 23, 2010... Byline: Marites V. Ilano CEBU CITY - This year's Visayas Area Business Conference will tackle, among others, the critical issues of power and infrastructure, organizers said. The Visayas islands have been experiencing rotating outages in...