THE NATIONAL Bureau of Investigations (NBI) has confiscated about five million pesos worth of computer hardware from at least five computer shops in the SM City Cyberzone in Quezon City following a raid on Friday, law enforcement officials said Wednesday. Computer shops raided were Green Lakes Computer Center, Great Lakes Computer Center, Dynamic Ultra Tech, Save on Surplus, and Computer & Options, according to Bienvenido Marquez, legal counsel of Microsoft. About 50 computers were confiscated by local authorities, he said.

SMALL and medium enterprises (SMEs) continue to offer bright financial prospects to the national economy. The popularity of SMEs owes much to the success attained by local entrepreneurs. Once such entrepreneur who has made it big-from a struggling vegetable vendor to a renowned trade and event organizer-is Henry G. Babiera, credited for his relentless effort to turn a high-end shopping center, the Greenhills Shopping Complex, into what is now being regarded as the "Divisoria of San Juan."

Urban developer Megaworld Corporation is developing a new state-of-the art 24x7 office building at the Eastwood City Cyberpark to take advantage of the growing demand for space by companies in the business process outsourcing and information technology sectors.