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    Philippine ‘Playboy’
     

    Yes, the iconic Playboy magazine will soon have a Philippine edition.

    The person behind this project is an importer of beer and cigarettes. Uh-uh, it’s not who you think it is. The guy’s pretty young, you know.

    There are currently two foreign publications catering to that particular male segment. There’s the Gokongwei-controlled Summit Publishing for FHM and the Lopez group for Maxim. 

     

    Did you know 1: Because of overwhelming requests, a Manila Peninsula Hotel function room may be named after Senator Antonio Trillanes IV. Just ask any sales person pushing the hotel’s privilege card.

    As everybody knows, Trillanes recently used the Manila Pen as a, uhm, hugely visible forum to ask for the resignation of President Macapagal-Arroyo.  

    Did you know 2: The sugar you buy in supermarkets is probably imported. You see, locally produced sugar is about P300 per bag more expensive.

    Then, there is, of course, the problem of massive sugar smuggling. 

    Did you know 3: There’s talk that former Far East Bank executive vice president and Philippine National Bank director Vicente Panlilio may end as president of Export and Industry Bank.

    You see, current president Nilo Pacheco has other plans.

     

    The Security Bank board chaired by Frederick Dy has approved the hiring next year of about 50 relationship officers, for starters. Think wealth banking managers for high net worth individuals but brought down to the broad C market.

    Essentially, these relationship officers will take care of the consolidated needs of individual clients. If a client needs a loan, he/she just talks to the same relationship officer who also handles his/her money market, dollar account, credit card and so on.

    Needless to say, the bank will also invest over the next three years a huge amount for training and technology upgrade.

    The bank ended the third quarter with the best return on equity within the industry, followed by Bank of the Philippine Islands. ChinaBank is also among the top three most profitable banks for stockholders.

     

    Pfizer Phils. now sells a tablet that may be useful to those who want to make quit smoking as New Year’s resolution. Basically, the tablet, which is taken once a day for three months, eliminates the feel-good sensation caused by nicotine and instead makes the smoker feel terribly bad with every puff.

    The 90-day treatment costs P8,000; less with a 40-percent discount if you ask your cardiologist for a Pfizer “Sulit” card.

    OTHER STORIES
    Listed firms net profit reach P203.58B in 1st 9 months–PSE

    THE aggregrate net profit of firms listed on the Philippine Stock Exchange (PSE) rose 24.4 percent to P203.58 billion during the first nine months of the year, from P163.61 billion a year earlier.

    read more

    Philippines as hub for Internet content development services

    FILIPINOS have a knack for developing web content, a trait could be instrumental in making the country a center for content development services, according to Ricky Banaag, country manager for Intel Microelectronics (Phils.) Inc.

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    ABS-CBN WINS TRO OVER AGB; GMA TO FILE LIBEL VS ABS-CBN

    ABS-CBN Broadcasting Corp., the largest media outfit controlled by the Lopez group, scored a victory against ratings agency AGB Nielsen Media Research Philippines after it obtained on Thursday a temporary restraining order from the Quezon City Regional Trial Court halting AGB’s television ratings surveys.

    read more

    ABS-CBN gets P1.4B in BDO loan facility

    ABS-CBN Broadcasting Corp. secured a P1.4-billion loan facility with Banco De Oro-EPCI Inc., which was used to retire a $31-milion dollar debt.

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    CA stops RTC from reinstating AMWSLAI board 

    THE Court of Appeals (CAs) has issued a temporary restraining order (TRO) enjoining the Regional Trial Court (RTC) in Pasay City from reinstating the group of retired Police Col. Luvin Manay to the board of trustees of the Air Materiel Wing Savings and Loan Association Inc. (AMWSLAI).

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    Not Business as Usual: Philippine ‘Playboy’

    Yes, the iconic Playboy magazine will soon have a Philippine edition.

    The person behind this project is an importer of beer and cigarettes. Uh-uh, it’s not who you think it is. The guy’s pretty young, you know.

    read more