Archive for the ‘Business Updates’ Category
Lower Price for Fuel Efficient Cars: Toyota Philippines
One of the leading automobile manufacturer in the Philippines - Toyota is set to lower the price of its fuel efficient cars.
Remittance Service Partnership by Globe and Western Union
Globe’s President for mobile commerce arm G-Xchange Inc. - Rizza Eala said about their partnership with Western Union in providing the World’s first cardless and real-time mobile phone remittance service at affordable fees.
Emirates Airlines First Airbus A380
On Monday - July 28 the Emirates Airlines of Dubai received its first Airbus A380 in Hamburg, Germany at Jurgen Thomas Delivery Center.
Increase two-way air flights between Philippines and Netherlands
Airbus Order Backlog Increases Further
Microsoft-Icahn Joint Proposal to buy Yahoo - Rejected!
New Shangri-La hotel to open at The Fort
One of the best luxury hotel companies in Asia - Shangri-La Asia will open a new hotel in Manila, particularly at The Fort by 2012.
Starbucks - 600 Stores will be Close in US
Because of underperforming stores in the U.S., Starbucks Corp. has announced its plan to stop the operation of its 600 branches as part of reorganization to increase profitability.
Manila Water Inc. to operate in Vietnam
A $15 million dollar water supply management contract is awarded to Manila Water Inc. to operate in Ho Chi Minh City in Vietnam. The contract is awarded by Saigon Water Corp. to operate for five-years and will be funded by World Bank.
One Billion Dollar Microchip Plant to be Build in Clark by Samsung Electronics
Samsung - One of the leader in electronics will invest $1 Billion to build a microchip manufacturing plant in a 30 hectare of land in Clark Special Economic Zone. Samsung will start the construction within this year - according to a reliable source from Subic Clark Alliance Development Council.