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Saturday, August 01, 2009 |
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More jobs seen as three foreign BPOs eye Manila operations
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By Ben Arnold O. de Vera, Reporter
THREE more foreign business process outsourcing (BPO) firms will
open their Manila operations soon, an industry official said on
Friday.
On the sidelines of the 17th Metro Manila
Business Conference, Jonathan de Luzuriaga, Business Processing
Association of the Philippines (BPAP) executive director for
industry affairs, told reporters that two Indian companies are
expected to start in about 60 days. These Indian BPO firms, whose
initial operations will have a combined capacity of 500 seats, will
service both voice and non-voice accounts, he said.
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OTOP Luzon Island Fair doubles sales
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Sales of this year’s One Town, One Product (OTOP) Luzon Island
Fair have doubled from last year, the Department of Trade and
Industry (DTI) said.
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Low spot-market electricity rates seen
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PRICES at the Wholesale Electricity Spot Market (WESM) will remain
at their present low levels for the rest of the year because of the
privatization of a number of state-owned power plants, the
market’s operator said.
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BSP says consumption recovered in 2nd quarter
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CONSUMPTION growth may have improved in the second quarter of this
year because of higher school expenses, sustained remittances, and
easing worries by businesses, the Bangko Sentral ng Pilipinas (BSP)
said.
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SME CORNER
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Friendster launches ‘do-it-yourself’
advertisements for small businesses
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Friendster, Inc., a popular social networking and top 20 global
website based on traffic, has launched its “Do It Yourself (DIY)
Ad” geared toward local businesses.
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Finance partial to converting SMC shares
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THE Department of Finance is partial to swapping the government’s
common shares in San Miguel Corp. (SMC) for preferred shares,
which will earn higher dividends.
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Debt servicing
inches up in first six months
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The country’s debt servicing has experienced an up tick in the
first semester of the year as the national government took advantage
of a stronger peso during the period.
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Malacañang lifts area limit for banana
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THE National Economic and Development Authority (NEDA) on Friday
said Malacañang has lifted the area limit for banana export
plantations to serve the rising global demand.
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ABS-CBN outsources support functions to new unit
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ABS-CBN Broadcasting Corp. on Friday said it opened the regional
operations of a Singapore-registered unit in Manila in a bid to
improve efficiency and cut costs.
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DOJ affirms Nampeidai contract annulment
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The Department of Justice has affirmed the government’s stand on
annulling a contract with a Japanese consortium after discovering
the winning bidder was a “nonexistent consortium.”
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Metro Tollways to sell more shares to the public
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METRO Pacific Tollways Corp. (MPTC) plans to sell more shares to the
public next year to raise money to finance its projects.
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BPI first-half profit rises despite slowing loan growth
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BANK of the Philippine Islands (BPI) said its profits increased
significantly in the first half despite slower loan growth.
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Cebu Pacific to increase flights in Luzon, Visayas
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BUDGET airline Cebu Pacific on Friday said it will increase its
flight frequencies in Luzon and Visayas starting this month.
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Stocks climb on favorable earnings expectations
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Philippine share prices closed 1.21 percent higher Friday on
expectations that key blue chips would soon announce favorable
earnings figures for the three months to June, dealers said.
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Basic Energy signs deal with Thai research institutes
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BASIC Energy Corp. announced Friday that it signed an agreement with
Thailand-based institutions for a feasibility study for a
cassava-based bio-ethanol plant.
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PLDT foreign partner files for bankruptcy
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A FOREIGN partner of Philippine Long Distance Telephone Co., (PLDT)
that is engaged in the satellite business has filed for bankruptcy
in the US.
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LEARNING
& INNOVATION
By Moje Ramos-Aquino, Fpm
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From ‘jerk boss’
to real leaders
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So you’re stuck with a “jerk boss” but you need the job or you
are a “jerk boss” yourself and want to atone for your misdeeds.
What to do?
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