Recent Posts

Lacoste Watch Takes Over SM Makati with Three Exclusive Collections

SM Makati witnessed an infusion of sophistication, modernity, and sporty elegance as Lacoste Watch unveiled three new captivating collections at its Pop-up store. The event, which commenced on March 4, 2024, showcased the Boston Collection, the Lacoste.12.12 Hero Collection, and the Santorini Collection, each reflecting Lacoste’s commitment to timeless design and versatility. The Lacoste Watch Pop-up store, located at SM …

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HUGO Watches Introduces Newest Collections at Exclusive Pop-Up Store in SM Makati

HUGO Watches, renowned for its commitment to innovation and style, hosted an exclusive roadshow at SM Makati, presenting two groundbreaking collections, #LIT FOR HIM and #BRAVE. The Pop-up store, featuring these avant-garde timepieces, will remain open until March 31, 2024. The HUGO Watches #LIT FOR HIM Collection epitomizes a sleek, gender-neutral design with bold branding, offering a fun and colorful …

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LANDBANK, OFBank, DMW partner to ramp-up delivery of OFW claims

The Land Bank of the Philippines (LANDBANK), the Overseas Filipino Bank (OFBank), and the Department of Migrant Workers (DMW) have joined forces to expedite the delivery of indemnity claims to Overseas Filipino Workers (OFWs) displaced by the bankruptcies of Saudi Arabian construction companies in 2015 and 2016. The collaboration will integrate and streamline the processes of LANDBANK and OFBank with …

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FDI Net Inflows Rise to US$826 Million in December 2023; Full-Year 2023 Level Reaches US$8.9 Billion

Foreign direct investment (FDI) net inflows sustained its growth momentum in December 2023, increasing by 29.9 percent year-on-year to reach US$826 million from the US$636 million net inflows in December 2022. FDI increased mainly on the back of the 86.2 percent growth in nonresidents’ net investments in debt instruments to US$527 million from US$283 million in the comparable month in 2022. Similarly, reinvestment …

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BPI head office cops ‘Best Workplace Design’ honors

The new Bank of the Philippine Islands (BPI) head office, designed by Aedas Singapore, won the Silver award for ‘Best Workplace Design’ at the 2023 Design Excellence Awards—an annual design competition organized by the Interior Design Confederation Singapore (IDCS). BPI aims to enhance collaboration, inspire creativity, and attract and retain talents by offering a workspace which supports employee satisfaction and …

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EastWest 2023 net revenues surge to P6.1-B

EastWest delivered P6.1 billion net income in 2023, 32% higher from last year, on the back of sustained consumer loan growth and strong deposit generation. Return on equity (ROE) stood at 9.5%. “We witnessed significant growth in our major assets, our consumer loans portfolio. This translated to a remarkable jump in our net income as we doubled down on our …

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SMFB posts P38.1-B profit in 2023

San Miguel Food and Beverage Inc. (SMFB) ended 2023 with outstanding financial results, despite the challenges of an unpredictable macroeconomic landscape. Consolidated sales reached P379.8 billion, a 6% increase from the previous year, with all business units reporting growth in sales compared to 2022. This was attributed to improved volumes and pricing strategies. EBITDA was up 7% at P66.8 billion, …

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Stronger Phl-US trade ties seen

The Philippines expects to forge commercially meaningful partnerships with US businesses and investors with the arrival to the country of an American trade mission this week, a trade official announced on Saturday. “There will be a high-level delegation comprised of 22 business delegates, C-level representatives from strategic sectors and iyong pag-uusapan po next week (this week) is of course how …

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Owndays Philippines holds 2nd ‘Cases for Change’ event

Continuing its commitment to social responsibility, Owndays Philippines– a leading Japanese eyewear brand–hosted its 2nd Cases for Change event last March 1, 2024 at their flagship branch in SM Megamall. The launch was filled with insightful stories and heartwarming testimonials, central to this year’s Cases for Change theme of Philippine Animal Well-Being. In her opening remarks, Ms. Jammie Gregorio, Owndays …

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Best bucket list of summer destinations

This coming hot summer, well-known Philippine beaches will be swarmed by local and international tourists. Some though want the serene quiet time while getting sand between the toes, exploring secrets of these tourist spots. Whether you’re just stopping over for a quick visit to the capital or looking for adventure in unique islands, consider these local hidden gems that shine …

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