Philippine Business, Franchise & Investment info at Mag Negosyo

Posted by Jodelen Ortiz in Business News,Featured SMEs on 17th April 2007

By Jodelen O. Ortiz

Rain or shine, it’s business as usual for the vendors outside the Provincial Capitol of Palawan patiently waiting in their uniform rolling stores given to them by the Provincial Government. These vendors are just a few of the hundreds of micro-entrepreneurs in Puerto Princesa City alone selling buckets full of barbeque, balot, peanuts and chicken parts.

The giving out of rolling stores or booths is one of the projects of the Palawan local government in support of the growing micro-business in the area. The Capitol Park Square has already become an entertainment center with different social, cultural, musical, and dance activities being held almost every evening. This has become a free venue to showcase the Palawenos’ talents. A traffic of potential customers is what the Capitol was able to achieve to help the vendors in the area.

More on Palawan Micro Finance Business Boom

Posted by Prettyfly_pinay in Business News on 13th April 2007

The National Federation of Hog Farmers Inc. (NFHFI) opens its 16th Annual Convention and Trade Exhibits at SM Mega Trade Hall in Mandaluyong City yesterday. With the theme “Filipino Hog Farmers, Go and Grow Global” , the convention gathers hog farmers (commercial and backyard), and members and officials of NFHFI from all over Luzon, Visayas, [...]

Posted by Prettyfly_pinay in Business Articles,Business News on 11th April 2007

As the summer heat begins, more and more local and foreign tourists plans their next vacation. In line with this, Philippine Airlines, introduces new summer plans. PAL is expanding it’s flight capacity to local and international destinations to accommodate the growing number of tourists this summer. Flights to Kalibo,Tagbilaran,Tacloban and Cagayan de Oro will be [...]

Posted by Carina Roncesvalles in Business Articles,Business News,Business Tips on 7th March 2007

By Carina Roncesvalles

Much has been said that entrepreneurs would wage the strongest battle against poverty and unemployment in the Philippines. But are Filipinos up to the challenge of standing on their own feet and putting the entrepreneurial dreams into reality?

Magnegosyo.com polled academicians to give their insights on this trail of mind, and at the same time give business advice to budding Pinoy entrepreneurs.

The Filipino mindset has been fixed on being an employee with the secured monthly salary. Nonetheless, the entrepreneurial spirit creeps in. This window of hope is a welcome development, as Filipino entrepreneurs will undoubtedly move the Philippines forward.

Read more about the Pinoy Entrepreneurial Challenges

Posted by Gerry D in Business Articles,Business News,Featured SMEs on 22nd February 2007

The Philippines is a strong contender for the title of “Banana Capital of the World,” given the innumerable banana plantations scattered across Luzon and Mindanao. But one tiny island has earned the distinction as Banana Capital of the Philippines – Oriental Mindoro.

With the world’s growing fascination for tropical food, including snacks, Mindorenos sees a consistent growth in the demand for its banana chips. The rise in sales is further fueled by consistent nutrition findings that even processed banana chips is a healthy snack.

Continue reading about Mindoro Banana Chips

Posted by Carina Roncesvalles in Business Articles,Business News,Business Tips on 5th February 2007

The business-friendly Philippines holds attractive industries that will make your investments grow and grow even further The smart and zealous businessman knows no boundaries on the kind of ventures that they can establish. Equally, the Philippines offers no boundaries in terms of business opportunities.

The Medium Term Philippine Development Plan 2004 to 2010 – the government’s blueprint to lead the Philippines to global competitiveness – includes the following priority areas that merit incentive packages from the government: Information Technology and IT-enabled services; Automotive; Electronics; Mining; Healthcare; Tourism; Shipbuilding; Fashion Garments; Jewelry; and Agribusiness.

Read More Philippine Business Competitiveness Cutting Across Industries

Posted by Gerry D in Business Articles,Business News on 5th January 2007

By Carina Roncesvalles

The year 2007 will be the year for the Filipino entrepreneur, President Gloria Macapagal Arroyo said a few days before the nation bid farewell to the year 2006. The government has been encouraging budding entrepreneurs, including overseas Filipino workers to invest in country by putting up small and medium enterprises (SMEs).

The hardworking entrepreneurs and professionals, English-proficient service providers and highly-skilled workers are the pride of the Philippines. The Filipino labor force contributes not just to the Philippine economy but to the economies of several countries as they work as migrant workers.

Continue reading 2007 Is The Year For Filipino Entrepreneurs

Posted by Gerry D in Business News on 2nd January 2007

By Carina Roncesvalles

Doing business involves risks. And with risks involved, there is the natural necessity to be extra careful in taking every step towards taking a role in the business environment – whether through a single proprietorship, a family business, or a conglomerate.

Location, location, location. These are the key factors that spell the success or failure of a business venture. And in terms of location, the Philippines has always been on the map of viable business locations worldwide in almost all industries.

A humble country composed of 7, 107 islands is the Philippines lying at the heart of Southeast Asia. But more than just offering itself as a home, the Philippines has a lot offer to the smart businessmen.

Competitive labor force, government within reach of business ventures, regulatory framework supportive of private sector-led economic growth, and strategic location in Southeast Asia – these are the factors that make the Philippines a viable place for doing business… Continue reading Doing Business in the Philippines