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ICTSI reports banner months for MICT unit


International container port operator International Container Terminal Services, Inc. (ICTSI) posted record productivity at its flagship Manila International Container Terminal (MICT) in the Philippines for August and September with equipment operators achieving their monthly targets.

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SMPC triples royalty payments to P1.69B


By Riza Lozada Integrated energy company Semirara Mining and Power Corp. (SMPC) has tripled its first half royalty payments to the Department of Energy (DOE) to P1.69 billion from P575 million a year ago. The surge in government remittances was driven by the SMPC’s increased production and expanding operations. The company is targeting an annual coal production of 16 million …

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Megaworld sees no let-up in local property boom


Property giant Megaworld Corp. will expand its office space inventory by 500,000 square meters to meet strong demand over the next three years owing to the country’s sustained economic growth.

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MPIC ramps up stake in MRT-3 bid to P20B


By Riza Lozada Businessman Manuel V. Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC) has increased its investment on its planned takeover and rehabilitation of the Metro Rail Transit Line 3 (MRT-3) to P20 billion from P12 billion initially.

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Fujitsu scanners hit 10M mark in global shipments

ScanSnap regional marketing head Jasmine Yeo (left) with Fujitsu Philippines personnel. (Photo by Gia Catimbang)

By Gia Catimbang Fujitsu manufacturer PFU Ltd. expressed pride that its Fujitsu line of image scanners reached 10 million in global shipments as of last July.

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Metrobank Foundation names MADE winners


By Hananeel Bordey Metrobank Foundation Inc. named this year’s winners and new members on the roster of Metrobank Arts and Design Excellence (MADE), now on its 33rd year, held last September 21 at the Le Pavillion, Metropolitan Park, Pasay City.

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Lenovo kicks off new laptops, convertibles


By Gia Catimbang Global technology brand Lenovo recently introduced its #CitizensofTMRW campaign featuring a revamped line of laptops and convertibles.

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House eyes changes in REIT law—solon


The House of Representatives is considering the amendment of the Real Estate Investment Trust (REIT) Act, Bohol Representative Arthur Yap said.

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Vibrant economy seen propping property mart

By Riza Lozada The property market is expected to sustain its growth momentum on the back of a robust economy and strong investor confidence, a global real estate consultancy firm said.

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Expo seeks to advance Asean agenda for MSMEs

By Gia Catimbang Small and medium entrepreneurs recently converged to take part in the annual Franchise and Business Expo which supports the Association of Southeast Asian Nation’s (Asean) seven-point strategy targeting the advancement of micro, small and medium enterprises (MSME) to fit in the core of their economic agenda.

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