Oct 302013

MANILA, Philippines – CloudFone, an innovative mobile phone maker, together with Globe and MediaTek, is launching another innovative yet inexpensive smartphone.

 The CloudFone Excite 501d raises the bar for smartphone design. Its body is crafted using a combination of sleek aluminum and premium plastic to form soft and curved edges for an excellent feel.

Having a large 5.0 inch screen, the combination of metal and plastic provides the phone the look of a premium phone without sacrificing the feel of the phone on ones hand.

“Most five-inch screen phones will be too big to handle but for the Excite 501d, We went to great lengths in making sure that the metal we used in our design will not affect how the phone handles by keeping it light, as well as, keeping the edges curved so that it fits easily in your pocket or handbag. We made sure that the phone’s design is gorgeous enough for users to show of to their friends and everyone else around them.” said Celine Lopez, head of marketing for CloudFone.

The phone is equipped with a powerful dual core processor from MediaTek, and an auto focus 8-megapixel camera with flash that take sharp and clear images. “The high quality camera used by the Excite 501d will ensure that users will not miss capturing important moments that they can share with friends and loved ones” according to Nino Mendoza, head of sales for CloudFone.

The CloudFone Excite 501d is available in all CloudFone kiosks and dealers nationwide. It comes in black, white and gun metal variants. With the success in the market, CloudFone, and Mediatek forged a partnership with one of the Philippines top telecommunication company, Globe Telecom, to have the CloudFone Excite 501d available in its postpaid phone lineup. The CloudFone Excite 501d is available in the very affordable plan 499 in all Globe Telecom stores nationwide.

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“CloudFone believes that forging partnerships and strategic alliances will ensure CloudFone’s success, as well as, bringing the best product and services to consumers. Making a premium phone available at such an affordable postpaid plan is only the first phase of multiple partnerships we have lined up between Mediatek, CloudFone and Globe Telecom. Together, we will soon be launching more products and services that will reach more consumers and push the envelop in terms of products and services innovation” said Eric Yu, CEO of CloudFone.

Aug 252013
Foreign buyers seek gov’t funding to revive garment sector

MANILA, Philippines – The Foreign Buyers Association of the Philippines (FOBAP) is seeking funding support from the government to revive the country’s garments industry. The Philippine Exporters Confederation Inc. in a statement, cited FOBAP president Robert Young as saying that the projects costing around P5 million include industry mapping for garments and hard goods sectors, compliance program and “invite the CEO (chief executive officer)” project. Young said factories need to comply with implementing requirements and regulations on child labor, clean and safe environment and minimum wage. He said compliance to the requirements and regulations is important so that “the big buyer companies with big quantities and buying program will place orders.” “If not, the factories can just settle with the small quantity buyers which usually have lower buying prices,” he said. He also said there is a need to bring back the so-called “invite the CEO” project which has been effective in terms of regaining foreign buyers. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The “invite the CEO” project was implemented during the Martial Law years, when the country experienced crisis and foreign markets stopped purchasing goods. “What we did last time, we invited all the top CEOs and buyers of the major department stores abroad, all expenses paid for like four to five days. We told them that Manila was ready to serve you, we were still here and the industry was being revived,” Young said. With the implementation of the three projects, the group is optimistic Read More …

Jun 052013

by Rey Andres What do these famous people – tough guy Humbrey Bogart, Lucille Ball and her husband Desi Arnaz, Sammy Davis, Jr., R. J. Reynolds (founder of Reynolds Tobacco Co.), psychiatrist of all time Sigmund Freud, Farah Fawcett, Steve Jobs, CEO of Apple and Nobel Prize winner for Medicine Ralph Steinman – have in […]

Apr 172013

Cerritos, Calif. – The Filipino-American Chamber of Commerce of Southeast Corridor (FACC-SEC)  has slated its maiden mixer and networking on April 23, 2013 at the Boba Café  on 17222 Norwalk Blvd. corner of Artesia Blvd. from 7:00 p.m. to 9:30 p.m.             This was announced by FACC-SEC  Founding President Felix B. Lopez, CEO of Pinoy […]

Feb 192013
Renewed fervor for Google lifts stock above $800

bSAN FRANCISCO (AP) — Google’s stock price topped $800 for the first time Tuesday amid renewed confidence in the company’s ability to reap higher profits from its dominance of Internet search and prominence in the growing mobile market. The milestone comes more than five years after Google’s shares initially hit $700. Not long after breaking that barrier in October 2007, the economy collapsed into the worst recession since World War II and Google’s stock tumbled into a prolonged malaise that eventually led to a change in leadership. Besides enriching Google’s employees and other shareholders, the company’s resurgent stock is an implicit endorsement of co-founder Larry Page. He replaced his managerial mentor, Eric Schmidt, as CEO in April 2011. Google’s stock has risen by 36 percent since Page took over. By contrast, the benchmark Standard & Poor’s 500 index has climbed by 15 percent over the same stretch. Most of Google’s gains have occurred in the past seven months — a period that has overlapped with a sharp downturn in the stock price of rival Apple Inc. The iPhone maker’s market value has plunged by about $230 billion, or 35 percent, since late September. “All that Apple money had to go somewhere,” said BGC Financial analyst Colin Gillis. Standard & Poor’s Capital IQ analyst Scott Kessler concurred, reasoning that many investors who have abandoned Apple are gravitating to one of its biggest rivals. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Google makes and distributes its free Android software to Read More …

Feb 062013
Globe's net income falls in 2012

Ernest L. Cu, President and CEO of Globe Telecom Inc. briefs the media of the company’s 4th quarter and full year performance in 2012. TAM NODA MANILA, Philippines — Globe Telecom announced Wednesday the company’s consolidated net income after tax was down 30 percent from P9.8 billion in 2011 to P6.9 billion in 2012.  Globe cited accelerated depreciation charges related to its $700 million network modernization program as the reason for the profit decline. The company’s full year consolidated EBITDA was at P35.0 billion, or down by about P93 million from P35.1 billion in 2011. Globe said incremental revenues were re-invested in additional marketing and subsidy expenses to acquire new postpaid subscribers as well as defend market position through various brand-building initiatives.  Operating expenses also included charges for continued investments in network infrastructure, costs to maintain an expanded 2G, 3G, and broadband networks, and charges incurred as the Company undergoes its network and IT modernization programs.  Ernest L. Cu, President and CEO of Globe Telecom Inc., said  that given the increasingly competitive environment, Globe is hopeful that the gains it has made in terms of brand building and differentiation through customer experience will tide the company through what it describes as “most critical period” completing the network and IT modernization program and undertaking related transition efforts. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “These initiatives will enable us to reinforce our industry position as a formidable challenger and allow us to continue delivering superior value to our stakeholders Read More …