Tag: accounting
No anomaly in paper deal for slot machines – Pagcor
MANILA, Apr 10 (Mabuhay) — The Philippine Amusement and Gaming Corporation (Pagcor) said there is nothing anomalous in investing on a slot machine system (SMS) since it would actually prop up the country’s coffers by upgrading operational efficiency. Pagcor said it will only spend P516.6 million or US$12.6 million for the system, contrary to allegations [...]
Strong currency hurts PHL call centers
MANILA, Dec 26, 2012 (AFP) – The peso’s rise is hitting call centers in the Philippines, handicapping the global leader in the lucrative business as it combats a challenge from top rival India, industry officials said Wednesday. Forty percent of the members of the Business Processing Association of the Philippines had cancelled expansion plans and [...]
Advent signals Christmas is just around the corner
by: Ray Andres Thanksgiving Day signals the “official” start of the Christmas season in this part of world where the following day, a Friday, has been dubbed as the “Black Friday” when merchants hope to generate good businesses to brighten up their accounting books. It is also an important day to provide them an opportunity [...]