| October 17-20, 2007 F.A.M.E. International, Manila, Philippines An international exhibition of design driven furniture, home accents, holiday decor and fashion accessories from the Philippines. See www.manilafame.com Top
TopJune 12, 2006Vital Resources Acquires Oil Reserves and Interest in 3.7 Million Acres in the Philippines Vancouver-based Vital Resources Corp. announced it has entered into a purchase agreement with Bentley International Oil Ltd., a private Canadian corporation. Vital will acquire 100% of Bentley's interest in the Farmin Agreement with respect to Service Contracts between NorAsian Energy Limited and Bentley. Under the terms of the Farmin Agreement, Vital will participate with NorAsian in the further development of Service Contracts 50, 51 and 55, which will provide the oil production revenue to advance the drilling targets that have been identified on this 3.7 million acre land position in the Philippines. Information summarized from: Vital Resources Corp. Press Release TopMay 23, 2006News from CommunicAsia, Singapore Expo Come and visit the Philippine booth at CommunicAsia June 20-23, 2006, Singapore Expo Discover the Philippines’ wireless capabilities and meet some of the country’s leading telecommunications/IT companies. Dubbed as the “world’s texting capital” because of its huge short messaging service (SMS), Philippine telecom companies handle more than 200 million text message per day, the highest in the world. The Philippines also takes pride in its creative wireless applications such as graphics and games in phones, mobile wallets, reloading online, and internet to mobile instant messaging among others. Free your imagination, discover how creative ideas are turned into rapid innovations. Meet the Philippine participants this year: You are also invited to join the Philippine Business Seminar on 21 June, 10:30 – 11:45 am at Press Room G, Singapore Expo. For information, please contact: Philippine Trade and Investment Center – Singapore 230 Orchard Road, #07-234 Faber House Singapore 238854 T: +65 6887 3186 E: dtispore@singnet.com.sg IT Services Division Center for International Trade Expositions and Missions T: +632 831-2201 loc 212, 251 E: itservices@citem.com.ph www.e-servicesphils.com TopMay 8, 2006: News from Makati Business ClubQ1 GDP estimate on track with gov’t target Socioeconomic Planning Secretary Romulo Neri estimates GDP to have grown by 5.5% in the first quarter on the back of an expected 4.8% growth in agriculture. Lower LPG prices help pull down inflation in April The country’s inflation rate slowed down to 7.1% in April after staying at 7.6% in the past two months. The change in consumer prices fell within the Bangko Sentral’s expectations of 7.0%–7.7% inflation for April. Sen. Recto proposes oil tariff as subsidy Instead of slashing oil import duties, Sen. Ralph Recto is proposing that the government keep the full 3% tariff on oil. Recto says the revenues from the 3% tariff can be used to subsidize diesel, kerosene, and liquefied petroleum gas, which are products widely used by the poor. No permit issued to La Mesa watershed housing project - DENR According to Rhea Angelo of the Environment Impact Assessment Division of the Laguna Lake Development Authority, the environment department did not give any environmental compliance certificate for the planned housing project inside the La Mesa watershed. Copyright 2006 © Makati Business Club TopMay 2, 2006: Smart Communications Selects Nortel Solution for Next Generation VoIP Platform in the PhilippinesSmart Communications, a wireless services provider in the Philippines, has selected an international gateway solution from Nortel Networks to provide next generation, carrier-grade wireless VoIP services to domestic and international long distance customers. Consisting of Nortel's IMS-ready Communication Server 2000 VoIP superclass softswitch and the Nortel Media Gateway 15000, the Nortel solution will enable Smart Communications to migrate its TDM voice trunking to a packet-based infrastructure and prepare its network for IMS services. This will simplify the operator's GSM network, enhance bandwidth efficiency, and extend geographical reach and lower operational costs. Information summarized from: Nortel Networks Press Release TopApril 24, 2006: Globe Telecom and RIM Launch the BlackBerry 8700g in the PhilippinesPhilippines' Globe Telecom and Research In Motion, a Waterloo-based designer, manufacturer and marketer of wireless solutions for the mobile communications market, announced the launch of the BlackBerry 8700g in the Philippines. Operating on Globe's high-speed EDGE network, the BlackBerry 8700g features a re-engineered device platform with expanded memory and an Intel XScale processor. The EDGE-enabled BlackBerry 8700g features a full QWERTY keyboard, 64 MB flash memory and 16 MB SDRAM, offering enhanced data and voice functionality. Information summarized from: Research In Motion Press Release |
