05222013Breaking News:

Mindanao region still top coffee producer

KORONADAL City–– Despite decreasing production, Region 12 or Soccsksargen remained as the top coffee producer in the country last year, Department of Agriculture (DA) officials said.

2.3M jobs created in 2012 under CBEP

OVER 2.3 million jobs have been created in 2012 under the Community-Based Employment Program (CBEP), Department of Labor and Employment (DOLE) Secretary Rosalinda Baldoz said. Baldoz also commended convergent efforts of her department and various national [...]

100 out of 700 exhibitors in IFEX 2013 are from Mindanao

THE Mindanao Development Authority (MinDa ) is featuring 100 proprietors out of 700 exhibitors in this year’s International Food Exhibit (IFEX) to demonstrate the regions’ quality products. MinDa Investment and Public Affairs Office director [...]

Earn while enjoying affordable Sun Postpaid offerings with InstaKita Plan

CALL, text and earn with Sun Business’ newest InstaKita Plan, a fixed load plan with one personal and one retailer e-wallet. Now, subscribers can enjoy the usual affordable voice call and SMS offerings using their personal e-wallet and sell e-load using [...]

Personal remittances reach US$5.6 billion in January-March 2013

PERSONAL remittances from overseas Filipinos (OFs) continued to rise in March 2013, registering a 3.7 percent year-on-year growth to reach US$1.9-billion, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. announced. This brought the cumulative [...]

Central Mindanao is Philippines’ top coffee producer

COFFEE continues to dominate other crops in Central Mindanao making it the leading producer in the country. According to AgriPinoy High Value Crops Development Program (HVCDP) regional coordinator Danilo Centillas, Region-12 – which is composed [...]

5 start-up ideas this summer from Sun Business

SUMMER is here! Temperature rises to unbearable levels, school’s out for the students, and more people are heading out of town to visit their favorite beaches. While the season calls for rest and relaxation, it’s also an ideal time and opportunity [...]

Phl fiber industry to feature in Rome, Italy

THE European Network of Filipino Diaspora (ENFiD) aims to promote the Filipino culture by bringing its national fabric to the international fashion market. ENFiD has launched a fashion exhibit project happening on Oct. 17-20 in Rome, Italy and will be [...]

CEB pioneers direct flights to Phuket, Thailand

THE Philippines’ largest national flag carrier, Cebu Pacific (CEB), announced it will begin direct flights from Manila to Phuket, Thailand, starting Aug. 16, 2013. CEB is the first and only airline to provide direct air services from the Philippines [...]

No slowing down in automotive sales

THE automotive industry continues in its growth path. Based on reports from members of the Chamber of Automobile Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association, the industry’s year to date sales have reached 56,590 [...]

P10m allotted to improve heirloom rice

THE country’s traditional or heirloom rice will be allotted a budget of P10-million to further improve the production of traditional or heirloom rice varieties for both domestic and export markets. According to a statement from Assistant Agriculture [...]

Govt debt payment down to P225.32b in Q1 from P261.24b same Q1 last year

GOVERNMENT’S debt payment dropped in the first quarter of 2013 compared to year-ago level, government data showed. Bureau of the Treasury (BTr) data showed that government’s debt payment from January to March this year amounted to P225.32-billion, [...]

Code-sharing pact with Cambodia Airlines seen to boost PAL’s revenues by $400-million

SAN Miguel Corp., which owns a controlling share in Philippine Airlines, said its code-sharing agreement with Cambodia Airlines will boost the country’s flag carrier revenues by $300-million to $400-million a year. PAL group currently generates $1.7-billion [...]

Sun Life Premium income in Philippines up 86% in 2012

LEADING insurer Sun Life Financial Philippines reported its premium income in the Philippines from its two life insurance companies – Sun Life of Canada (Philippines) and Sun Life Grepa Financial – reached over P26-billion in 2012. Sun Life Grepa [...]

April inflation slowed to 2.6%

RATE of price increases further decelerated to 2.6 percent last April from month-ago’s 3.2 percent due to slower inflation in most commodity groups solidifying monetary officials’ manageable inflation outlook for this year. Last month’s [...]
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