Manila Newspaper

Archive for July, 2009

The government has lifted the limit of hectarage for banana export plantation, following the recommendation of the National Economic and Development Authority (NEDA) board.

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Business process outsourcing firm StarTek is planning to invest an additional $9 million to expand its operations in the country.

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The Ayala-controlled Bank of the Philippine Islands (BPI) reported a net income of P5.3 billion in the first six months of 2009 or 38.4 percent higher than the same period last year.

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Metro Pacific Tollways Corp. (MPTC) is planning to sell shares to local and/or foreign investor groups to boost its meager public float and raise funds for its planned P36-billion, five-year expansion program and new investments.

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Philippine Long Distance Telephone Co. (PLDT) will seek the recovery of $27.5 million from bankrupt Bermuda company ProtoStar Ltd. which was used as advance payment for the use of the latter’s C-band transponders on the ProtoStar I satellite.

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ABS-CBN Broadcasting Corporation officially opened in Manila yesterday the regional operating headquarters of its wholly-owned subsidiary, ABS-CBN Shared Service Center Pte. Ltd.

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It’s been a while since we featured new restaurant finds here. We’ve been so busy with business that we haven’t allotted time and space for our other addiction-food.

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I remember the battle cry of the 80’s and the 90’s was: “Quality!”

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MANILA, Philippines (AP) — Former President Corazon Aquino, who swept away a dictator with a "people power" revolt and then sustained democracy by fighting off seven coup attempts in six years, died on Saturday, her son said.

The bespectacled, smiling woman in her trademark yellow dress remained beloved in the Philippines, where she was affectionately referred to as "Tita (Auntie) Cory."

UPDATES: GMA declares national day of mourning | Flags flown at half-mast in military camps | Public viewing of Cory’s remains at La Salle Greenhills

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President Barack Obama is glad that the Philippines will elect its new leaders next year in an exercise that will “solidify the democratic process.”

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