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Cement makers urged to use green systems

By Riza Lozada Cement manufacturers were urged to take the initiative in going green and undertaking sustainable operations.

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PNG landowners, ICTSI seal deal on port project

Motukea-impacted landowner community groups in Papua New Guinea (PNG) have signed a landmark agreement with International Container Terminal Services, Inc. (ICTSI), through its subsidiary, to establish a collaborative framework needed for the joint port project to move forward.

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Union Bank’s ‘selfie banking’ bags plums

Universal bank Union Bank’s EON project has garnered recognition from numerous international award-giving bodies.

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Less financial stress in Asia, says Moody’s

Credit watchdog Moody’s Investors Service said the Asian Liquidity Stress Indicator (Asian LSI), which measures the strength of financial system in the region, decreased in November 2017 to 26.4 percent from 27.6 percent in October.

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PLDT group moves to spur financial inclusion

Telecom giant Philippine Long Distance Telephone Co. (PLDT) financial technology unit FINTQ and affiliate Smart’s Voyager Innovations are targeting to include 30 million Filipinos into the financial system by 2020 through a project in collaboration with the Liga ng mga Barangay (Liga), the association of local government units with the largest membership representing barangays nationwide.

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PDIC scores highest in governance index

The regulator Governance Commission for Government –owned and/or –controlled corporations (GCG) and the Institute of Corporate Directors (ICD) gave the Philippine Deposit Insurance Corp. (PDIC) the highest score in the Corporate Governance Scorecard for GOCCs for 2016.

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BDO raises $150M for green projects

By Riza Lozada Universal bank BDO Unibank Inc. is pioneering the issuance of so-called green bonds after re- cently raising $150 million from process.

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5 groups vie for P12.5B Clark expansion project

Five consortia were shortlisted as contractor for the P12.5 billion expansion project of the Clark International Airport which is being developed as an alternative gateway to the Ninoy Aquino International Airport (NAIA).

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PCCI backs coal tax in Senate’s Train bill

The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest trade group, fears that the Senate’s version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill would drag instead of improving competitiveness of local businesses.

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7-Eleven opens 100th store in Caltex station

After eight years of shared commitment and solid partnership, Philippine Seven Corp (PSC), the exclusive licensor of global convenience store chain giant 7-Eleven, and Chevron Philippines Inc. (CPI), the marketer of the Caltex fuel brand, marked opening of the 100th 7-Eleven-Caltex store at the Aseana Square along Macapagal Avenue in Pasay City.

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