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Approved FDI plunges by 52.8 percentin Q1 2011
Total foreign direct investments (FDI) approved in the first quarter of 2011 by the four major investment promotion agencies amounted to PhP 22.0 billion, 52.8 percent lower than the FDI approved in Q1 2010. Except for the Board of Investments, the other IPAs namely Clark Development Corporation (CDC), Philippine Economic Zone Authority, and Subic Bay Metropolitan Authority (SBMA) suffered setbacks in FDI applications with SBMA and CDC registering the highest declines of 93.7 and 92.0 percent, respectively.
Press Con on National Accounts slatedMay 30
The National Statistical Coordination Board announces the holding of a press conference on the performance of the Philippine Economy for the First Quarter of the year 2011 with NEDA Director General and Socio Economic Planning Secretary Cayetano W. Paderanga, Jr. as resource person on May 30, 2011 (Monday) 10:00 a.m, at the NSCB Operations Room, 5th Floor Midland Buendia Bldg., 403 Sen. Gil Puyat Avenue, Makati City.
PHILIPPINE ECONOMY POST A MODEST 4.9 PERCENT GDP GROWTH
Underspending by the government and the slowdown in global trade constricted the economy to a lower growth in the now 2000-based GDP of 4.9 percent in the first quarter from the election stimulated 8.4 percent last year. The industry driven growth benefited from the sustained growth of Manufacturing supported by Other Services, Real Estate, Renting and Business Activities, and the recovery of Agriculture but tempered by the lackluster trading activities and the second consecutive quarter of decline in Public Administration and Defense and Compulsory Social Security which used to be referred to as Government Services.
US Brand Motor Oil launches Recycled Motor Oil in the Philippines
Travelling does not only involve travel by plane, but for most us who would like to to getaway in the nearby tourist destination like Subic, Ilocos, Bicol Region, we might want to take our car with us. And travelling by car entails a lot of preparations. The used to be BLOWBAG which means Brakes, Lights, [...]
Cebu Pacific seat sale from Clark at Php799
The Philippines’ largest national flag carrier, Cebu Pacific (CEB) slashes fares from Clark to Hong Kong, Singapore, Macau and Bangkok in a seat sale from now until May 9, 2011 or until seats last. This is for travel from July 1 to September 30, 2011. Guests from North Luzon or outside Metro Manila can travel [...]
Mind Museum Philippines Soon To Open at The Fort
There is a educational center opening up at The Fort in two weeks time. The Mind Museum at Taguig was just an idea in 2006 but it was immediately started in 2007. The 12.5ksqM land area of thrilling exploration is a PhP1B project that is fully funded by private & corporate donors from sponsors, family [...]
One Barangay Created in the First Quarter of 2011
ne barangay was created and added in the Philippine Standard Geographic Code (PSGC) masterlist during the period January to March 2011. Thus, the number of barangays increased, from 42,025 as of December 31, 2010 to 42,026 as of March 31, 2011.
The Paradise Philippines
The Philippines consists of 7,107 islands, of which only 2,000 are inhabited and this is what they called Paradise Philippines. Only about 500 of the islands are larger than a square kilometer and 2,500 of them are not even named. The total area of the Philippines is 299,404 square kilometers. The highest mountain is Mt. [...]
Paradise Philippines - Surigao City
Paradise Philippines - The Paradise City of Surigao is a 2nd class city in the province of Surigao del Norte, Philippines. It is the capital city of Surigao del Norte. According to the 2000 census, it has a population of 118,534 people in 22,541 households and has an estimated 2005 population of 133,929. Total land [...]
Tune Hotel Opens Ermita branch
Launched in December of 2011, Tune Hotels is now fulfilling its promise to open its branches to the Philippines. The first branched was opened during the Hot Air Balloon Festival in Clark and very recently, the next branch was opened in Ermita Manila. The Angeles branch is a 165 room hotel. Hon. Alfredo S. Lim, [...]

Cheapest fares to Cebu & Davao from SEAir
South East Asian Airlines (SEAIR) recently announced that it will launch its first domestic jet services from Manila to Cebu on July 1, 2011 and Manila to Davao on July 2 as part of the SEAIR-Tiger Airways Partner Airline Programme. Special starting fare offers will be for as low as 499 PHP one-way to/from Cebu [...]
Happy 16th Anniversary Enchanted Kingdom!
Enchanted Kingdom, the country’s first and only world-class theme park is celebrating its 16th year of bringing MAGIC to families and friends. Happy 16th Birthday EK! Check out this month’s activities for EK’s 16th Anniversary celebration. Sweet 16 Birthday Celebrants Promo (Wednesdays to Fridays from October 1 to 31) A birthday treat for you! Free [...]

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