MANILA, June 3 (PNA) -- Globe Telecom Inc. expects a better revenue outlook this year driven by its postpaid subscriber and broadband business.

"The trend seems to be holding on. If you look at the news, the first-quarter GDP [gross domestic product] was 6.4 percent. It's unusually strong quarter. So, if everything holds on, then it would be a good year all around. The people are spending," Alberto de Larrazabal, Globe chief financial officer, told reporters.

MANILA, June 3 (PNA) -Nido Petroleum Philippines Pty Ltd., a subsidiary of Nido Petroleum Ltd., together with its joint venture partners Yilgarn Petroleum Philippines Pty Ltd, Trafigura Ventures III B.V. and TG World B.V.I Corp., has signed an agreement with Viking Energy Holdings 2 Ltd. to develop three oil fields in northwest Palawan.

DAVAO CITY, June 2 (PNA Features) -- One of the most frustrating things we’ve tried to do in the mid-1990’s and never got anywhere, was to help a number of people apply for business loans to start new businesses in the southern island of Mindanao.

DAVAO CITY, June 2 (PNA Features) -- It seems like a tall order for the Philippine Stock Exchange (PSE), but they came here just the same, hoping to entice small and medium enterprises to raise capital by “going public” or selling a part of their company thru the stock exchange.

The Aquino administration announced that the number of the country's banana exports that have been allowed by the Chinese quarantine officials to enter the People's Republic of China (PROC) has increased to 170 containers, an indication that Philippine products are not contaminated with pests.

MAMUJU, Head of One Door Integrated Service (PTSP) and the Electronic Information Service and Investment Licensing (SIPISE) of the West Sulawesi Capital Investment Coordinating Agency (BKPMD) Ir.Surung Katta said that investments had been increasing with 38 foreign businessmen investing in West Sulawesi.

The tourism industry is expected to get a huge shot in the arm from the Las Vegas-style gaming resort being developed at the Entertainment City of the Philippine Amusement and Gaming Corp. (Pagcor).

"Integrated resort and gaming projects are powerful drivers of tourism revenue growth, as may be gleaned from Singapore’s recent experience," said Cebu Rep. Eduardo Gullas.

The Technical Education and Skills Development Authority (TESDA) is setting up training interventions to turn ripe bananas, which failed to reach the China’s market due to stricter quarantine measures, into agricultural feeds.