Arrawabit International SA - A leading distributor of coffee and related products
December 18, 2008 by administrator
Filed under Business
Arrawabit International SA is a leading distributor of coffee and coffee shops related products like Caffe Mauro, US imported Ghirardelli sauces & powders, US imported Stasero syrups, powders & sauces, and U.S. imported Numi Organic Tea.
Arrawabit have more than 300 based customers in the Kingdom of Saudi Arabia, few to mention, Spazio Restaurant, Riyadh Palace [...]
Popularity: 29% [?]
The Philippines’ 12 Most Profitable Companies in 2007
November 22, 2008 by administrator
Filed under Business
PLDT continues to lord it over listed companies in the Philippines, topping once again the 2007 list of most profitable companies. PLDT earned a net income of P36.0 Billion in 2007, 2.5% higher than its 2006 take. A far second in the list is Ayala Corporation which cleared P16.2 Billion in net income, 33% more [...]
Popularity: 21% [?]
Henry Sy now RP’s richest man
November 22, 2008 by administrator
Filed under Breaking News!, Business
The Philippines’ biggest mall operator and his family have increased their wealth by $1.4 billion despite the global financial turmoil, making them the wealthiest Filipinos this year, Forbes Asia magazine said yesterday.
The fortune that 83-year-old Henry Sy made was the “biggest gain in absolute terms” of the country’s 40 wealthiest families, who say their collective [...]
Popularity: 25% [?]
BSP cites negative impact of mark-to-market rule suspension
November 6, 2008 by administrator
Filed under Business
November 6, 2008 6:44 pm by pna
MANILA, Nov. 6 – The Bangko Sentral ng Pilipinas (BSP) reiterated Thursday that there is no need to suspend the mark-to-market (MTM) rule for classifying domestic banks’ financial assets this time, thus, the central bank’s “nuanced approach” on the problem.
BSP recently issued a circular allowing financial institutions (FIs) to [...]
Popularity: 19% [?]

