The Philippines will be Investor-friendly – Pres. Benigno Aquino III
July 27, 2010 by Jennifer Mercado · Leave a Comment
In his first ever State of the Nation Address (SONA), Pres. Benigno Aquino III highlighted the need for the Philippines to be more investor-friendly in the light of the severely depleted government budget he inherited from his predecessor, former president and now Congresswoman, Gloria M. Arroyo. Arroyo did not attend the SONA and was reportedly [...]
Hewitt Assoc. OUT – Aon Hewitt IN
July 13, 2010 by Jennifer Mercado · Leave a Comment
Insurance brokerage firm Aon Corporation (Aon) is set to buy Human Resource consulting and outsourcing company Hewitt Associates, Inc. to the tune of 4.9 billion in cash and stocks deal. Aon, the world’s largest insurance brokerage said it intends to integrate Hewitt with its existing consulting and outsourcing operations to gain a firmer foothold in [...]
SWIFT: Who are they and what are they for?
July 9, 2010 by Jennifer Mercado · Leave a Comment
SWIFT is not a repository of money, nor is it considered a bank. What is does is give out codes which serve as the unique identification code of a particular bank (a.k.a. Bank Identifier or SWIFT Codes). These codes are then used when transferring money between banks, especially those based overseas, by way of wire transfers, and also for the message exchanges between these banks.
