This Christmas, mark your calendars and book your stays now as Belmont Hotel Mactan welcome guests on its soft opening starting December 16, 2022!   Leading the 1.9 billion worth property with 550 rooms is General Manager, Johnson Del Valle. With two decades of local and international hospitality experience under his belt, he shares that “Choosing Belmont Hotel Mactan means enjoying …

Now in its seventh year, the Kasambahay Kasambuhay Pilipinas Awards, a joint endeavor of the Junior Chamber International Senate Philippines, Inc. (JCI) and Palawan Pawnshop Group, has named 10 household workers as this year’s Top 10 Kasambahays. Each winner will get Php100,000. The Top 10 winners are Regimar Cabrera, Rolly Rosero, Edwin Mugdan, Susana Berlas, Milagros Diorec, Myrna Domingo, Daisy …

At its meeting on monetary policy today, the Monetary Board decided to raise the interest rate on the BSP’s overnight reverse repurchase facility by 50 basis points to 5.5 percent, effective 16 December 2022. Accordingly, the interest rates on the overnight deposit and lending facilities will be set to 5.0 percent and 6.0 percent, respectively. The BSP’s latest baseline forecasts …

Since 1997 when it took over the operations of the water system of the East Zone, Manila Water has been steadily expanding rehabilitating, replacing, and expanding its waterlines to reach more customers within its concession area. As of September 2022, the water concessionaire has laid and now maintains a total of 5,362.73 kilometers of water pipelines supplying clean and potable …

Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Mexico, recently commenced its third phase expansion project, which will increase its capacity from 1.4 million to more than two million TEUs within the next five years. CMSA Chief Executive Officer José Antonio Contreras led the project inauguration together with Colima Governor Indira Vizcaíno Silva, Commander Rubén Alfonso Suárez of the 10th Naval Region, Admiral José Rafael …

As part of a shared advocacy to address hunger, promote food security and support underserved sectors of society, BDO Foundation has inked an agreement with East-West Seed Foundation (EWSF), a non-governmental organization that promotes proper nutrition through improved vegetable consumption. The memorandum of agreement was signed by (from left) EWSF program manager Mary Joyce Gaviola, EWSF managing director Ma. Elena …

Open Finance technology leader Brankas has developed “Brankas Open”, a first-of-its-kind open-source license for the next generation of Banking-as-a-Service and Open Finance software. The “Brankas Open” license is meant to encourage digital banking and fintech innovation and lower the cost barriers for startups, neobanks, and even traditional institutions to quickly prototype and launch new solutions, while retaining their own source …

Manila Water has achieved another milestone as the Company was awarded for its outstanding corporate governance practices in the ASEAN Corporate Governance Regional Assessment for the year 2021.  Manila Water was among the 32 companies in the Philippines to be included in the 2021 ACG Asset Class. A total of 230 companies from the ASEAN member countries were recognized in …

Rizal Commercial Banking Corporation (RCBC) has rolled out its NegosyanTech digital payments service for micro and small entrepreneurs enabling vendors to accept any payments from banks and e-wallets through its interoperable QRph code. The RCBC NegosyanTech Lahat Pwede QRph was launched at Bankerohan public market in Davao City in partnership with the Bangko Sentral ng Pilipinas (BSP) and the Department …

The Ayala Group of Companies initiated the Saludo sa Serbisyo program which provides expanded access to products and services to active and retired personnel of the Bureau of Fire Protection (BFP), the Armed Forces of the Philippines (AFP), Bureau of Jail Management and Penology (BJMP), the Philippine Coast Guard (PCG), and the Philippine National Police (PNP).  This is to honor the …