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Philippines Govt's 07 RVAT Collection Reaches US$2.1 Billion
Asia Pulse - Friday May 16, 07:33 PM
The Philippine government was able to exceed its Reformed Value Added Tax (RVAT) collection goal last year of P88.88 billion (US$2.1 billion) after it turned a net revenue of P88.93 billion, the Department of Finance (DOF) reported Thursday.
Forex - Us Dollar Ends Weaker Against Won - May 16, 2008
Asia Pulse - Friday May 16, 07:08 PM
The U.S. dollar on Friday closed at 1,041.0 won, down from 1,045.1 at the close on Thursday.
Dallah Group Of Saudi Arabia Keen To Recruit Bangladeshi Workers
Asia Pulse - Friday May 16, 05:22 PM
Alwa Kamel, President of Dallah Group, one of the largest manpower recruiting companies of Saudi Arabia, said that his company is looking to recruit some 5000 workers for their projects in Medinah and Makkah.

Bangladesh's Best Air Starts Flight To Bangkok On May 25
Asia Pulse - Friday May 16, 05:22 PM
With a view to attract foreign tourists from Bangkok, Best Air, a private airliner of Bangladesh, is going to kick off its international journey on May 25.
Indonesia Unbowed By Pressure Of Global Slowdown
Asia Pulse - Friday May 16, 05:22 PM
Indonesia has so far succeeded in resisting the impact of the global economic slowdown posting a fairly strong growth of 6.3 per cent in its GDP in the first quarter of this year.
Bangladesh To Import 100,000 Tonnes Of Wheat
Asia Pulse - Friday May 16, 05:22 PM
The government will import 100,000 metric tonnes of wheat to ease the demand for the food item, the price of which has more than doubled in recent times.
GM Considers Selling Chevrolet Vehicles In S. Korea
Asia Pulse - Friday May 16, 05:22 PM
General Motors Corp., the world's largest automaker, is considering selling its mid-range Chevrolet brand in South Korea to win more sales in the country's fast-growing imported-car market, a company executive said Friday.
Philippines Broadcaster ABS-CBN Q1 Net Income Drops By 13.88%
Asia Pulse - Friday May 16, 04:51 PM
Lopez-owned ABS-CBN Broadcasting Corp. on Thursday reported that its net income dropped in the first quarter of 2008 due to the expiration of its Direct TV license fee and the absence of political ads.
Philippines Philexim Eyes Up To P3b Tier 2 Issuance In Q3
Asia Pulse - Friday May 16, 04:03 PM
Philippine Export Import Credit Guarantee Corp. (Philexim) targets to issue up to P3 billion (US$71.5 million) worth of Tier 2 notes in the third quarter this year to boost capital.
Limketkai Sons Fasttracks 4-Star Hotel Complex In Philippines
Asia Pulse - Friday May 16, 04:03 PM
Limketkai Sons, Inc. fast tracked the construction of the 250-room hotel complex in the company's 30-hectares commercial complex in Cagayan de Oro City.
Sutherland Global To Hire 600 More Workers In Philippines
Asia Pulse - Friday May 16, 04:03 PM
The business process outsourcing (BPO) delivery center of Sutherland Global Services in the Camarines Sur IT Park here is planning to expand its operation by increasing the number of its present employees from 400 to 1,000 before the year ends.
Cebu Pacific Air Offers Free Fares For Local, Intl Travel
Asia Pulse - Friday May 16, 04:03 PM
Philippines carrier Cebu Pacific Air(CEB) is offering more than 500,000 domestic and international seats for free for travel from June 9 to December 31 this year.
Philippines BPO Firms Eye $13 BLN Revenue By 2010
Asia Pulse - Friday May 16, 03:18 PM
The Philippines business process outsourcing (BPO) industry remains optimistic of hitting its US$12 to $13-billion revenue target by 2010 on the back of strong demand for back office, engineering and design process.
Subic's Container Port Is Philippines New Global Gateway
Asia Pulse - Friday May 16, 03:18 PM
Subic's New Container Terminal-1 (NCT-1) was formally launched recently and is now expected to enhance the Philippines' role in the global logistics market.
Lafarge Malayan Cement Reports 13.2% Lift In Q1 Pre-Tax Profit
Asia Pulse - Friday May 16, 02:48 PM
Lafarge Malayan Cement Berhad (KLSE:3794) on Thursday reported first quarter pre-tax profit of RM66.293 million (US$20.7 million), an increase of 13.2 per cent year-on-year thanks to higher domestic sales.
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