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Holcim offers technologies to enhance government projects

Construction equipment supplier Holcim Philippines, Inc. held a series of meetings last October with key stakeholders in the public and private sector to share innovative approaches and technologies that can help cut costs, speed up construction and improve durability of structures in the nationwide upgrade of infrastructure.

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Bloomberry Q3 profit grows 31% to P1.9B  

By Riza Lozada Local leisure company Bloomberry Resorts Corp. reported consolidated third quarter profit of P1.852 billion was 31 percent higher year-on-year mainly driven by a 46 percent year-on-year improvement from Solaire that was muted by a swing to net loss by the Korean operations.

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ICTSI profit hits $149M as global operations grow

Global port operator International Container Terminal Services Inc. (ICTSI) posted a net income of $149.3 million, up five percent from $141.9 million a year ago due to the continuing ramp-up at the new terminal in Matadi, Democratic Republic of Congo (DRC); strong operating income contribution from the terminals in Iraq, Mexico, Honduras, Brazil and Madagascar; and the one-time gain on …

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Petron sues PNOC over contract breach

Local oil refiner Petron Corp. has filed a case against state-owned Philippine National Oil Company (PNOC) for breach of a binding and compulsory sale-leaseback contract, saying such act threatens to hurt not only Petron’s operations and its shareholders but the broader economy that relies on its petroleum products.

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Phoenix Petroleum acquires Family Mart

Phoenix Petroleum Philippines Inc. recently signed a memorandum of understanding to acquire Philippine FamilyMart (PFM), the third largest convenience store brand in the country.

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Lopez: MSMEs main cog in Asean investments push

By Riza Lozada Association of Southeast Asian Nations (Asean) micro, small and medium enterprises (MSMEs) play an important role in linking up with multinational enterprises (MNEs) and propelling economic growth of the regional block, Trade and Industry Secretary and Board of Investments (BOI) Chairman Ramon Lopez said.

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ICTSI rewards employees with houses thru raffles

Global port operator International Container Terminal Services Inc. (ICTSI) has, since last year, rolled out a new employee rewards program by raffling off new house and lot units to qualified employees of its flagship, Manila International Container Terminal (MICT) in the Philippines.

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PPA vows no repeat of port congestion

By Riza Lozada There would be no repeat during the holiday season of the tight port traffic of 2014 when container cargoes were stranded at the Manila ports that mainly resulted from the Manila city government’s strict truck ban, the Philippine Ports Authority (PPA) said.

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SM scholarship gives hope to Pinoy youths

SM scholars enrolled in technical vocational courses at Don Bosco Training Center in Mati, Davao and Naga City recently completed training in machining, welding, general electrician and automotive.

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Pampanga retail chain opens 5th Jumbo outlet

Fast-growing retail firm Jenra inaugurated its fifth supermarket branch last Oct. 27 in a bid to widen its reach and cater to all of Pampanga.

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