Recent Posts

ICTSI 1Q 2024 Net Income grew 36% to US$209.88M driven mainly by international portfolio;  Recurring Net Income up 24% to US$191.02M

Enrique K. Razon, ICTSI Chairman and President said:  “I am pleased to announce an excellent first quarter with ICTSI delivering growth in revenues of 11 percent to US$637.65 million and record EBITDA of US$413.76 million, a rise of 17 percent against the previous period.  Our international portfolio performed exceptionally well, and the Group continues to benefit from geographic diversification spanning …

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Marcos seeks changes on RTL and NFA charter

By Rose de la Cruz President Marcos is certifying as urgent a bill that would amend the Rice Tariffication Law – which is due for review this year – and the charter of the National Food Authority to return the government’s influence in the local rice market, esp. when prices go berserk Five years ago, Congress passed the Rice Tariffication …

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McDONALD’S LAUNCHES WAVE 3 OF “NIGHT CLASSROOM” FOR STUDENTS NATIONWIDE

Students nationwide can rejoice, as the fast food chain announced the return of McDonald’s Night Classroom, where party areas are transformed into late night study hubs where students and teachers can study and do homework while enjoying exclusive perks and McDonald’s favorites via the McDonald’s App! “In the summer heat, we know how hard it is to concentrate when you’re …

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Bloomberry recognized in Cambridge IFA’s 2024 3G Awards

Bloomberry Resorts Corporation (Bloomberry) was hailed as the winner of the “3G Excellence in Sustainable Practices” Award in the 9th Global Good Governance (3G) awards by Cambridge IFA. The awarding ceremony was held at the Shangri-La the Fort Manila. The 3G Excellence in Sustainable Practices Award recognizes organizations that “effectively promote sustainability in their business practices to ensure the businesses …

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Enjoy more than 70% in discounts on hotel stays with Megaworld Hotels & Resorts in this year’s International Travel Fair

You trip to Boracay, Cebu, Iloilo, Manila and near Tagaytay with the family got more exciting with awesome discounts with the Philippines’ largest hotel operator. Join this year’s biggest International Travel Fair happening on May 3-5 at the Waterfront Hotel Cebu.  2024 is all about traveling and making new memories with family. Enjoy what the Philippines’ can offer across its …

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BSP holds Procurement Opportunities Fair

The Bangko Sentral ng Pilipinas (BSP) conducted its 6th Procurement Opportunities Fair to encourage and capacitate more bidders to participate in competitive and transparent procurement of various goods and services needed by the bank. Held at the BSP Head Office in Manila from 23 to 25 April 2024, the event drew the participation of suppliers, contractors, consultants, manufacturers, and distributors from various …

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DTI and Taguig City Join Forces to Simplify Business Registration for Entrepreneurs

Department of Trade and Industry Secretary (DTI) Fred Pascual urged Filipinos to formally register their businesses following the integration of the DTI’s Business Name Registration System (BNRS) into Taguig City’s Business Permitting and Licensing System (Apollo 2.0). “We aim to encourage more Filipinos to establish and formally register their businesses by simplifying the registration process. Our collective efforts will unlock …

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Andrew Tan to build P1.2-B World Museum in Cebu

Not content with just being the country’s leading real property developer with commercial leases and residential spaces for business, Megaworld Corp. of billionaire Andrew Tan is investing P1.2 billion to build the Mactan World Museum as its crown jewel in Lapu Lapu City, Cebu. The world museum in Mactan will be Tan’s fourth museum project, depicting the history of the …

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Poultry farm boosts Romblon’s egg supply with LANDBANK support

With its local small-scale poultry farms having limited egg production capacity, this Province mainly relies on imported chicken eggs to fully sustain the daily requirements of consumers, restaurants and other local businesses.     Bulk of Romblon’s egg supply are shipped from other areas in the country, making its supply vulnerable to transportation disruptions caused by adverse weather conditions and other unexpected …

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