Recent Posts

LANDBANK agri loans hit P257.7-B as of end-June

As Land Bank of the Philippines (LANDBANK) celebrates its 59th anniversary on 8 August 2022, the state-run Bank remains committed to servicing the development requirements of small farmers, fishers, and other key players in the agri-business value chain, as loans to the agriculture sector reached P257.7 billion as of 30 June 2022.  The P257.7 billion total outstanding loans translate to …

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Catch Suzuki Scooters at the SM 3-Day Sale

Now on its 9th year, Suzuki and SM Supermalls partner again for a fun and rewarding 3-Day Sale activity. Shoppers get a chance to win a brand new Suzuki Burgman Street for every Php 1,000 purchase (accumulated or single receipt) in any participating merchant during the SM 3-Day sale. Suzuki will also have a display booth presenting its line-up of …

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Stratpoint Technologies named finalist for AWS Partner of the Year (PH)

Stratpoint Technologies, a homegrown Filipino, born-in-the-cloud digital transformation enabler delivering enterprise-grade solutions, was recently named one of the finalists for one of the categories of AWS Partner Awards, which aims to recognize partners who are constantly innovating and providing solutions to ensure customer success. This year, Stratpoint has been selected as one of the finalists for the AWS Partner of …

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Fortinet Empowers Teams to Proactively Manage Cloud Risk with New Cloud-native Protection Offering, Available Now on AWS

Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced FortiCNP, a new built-in-the-cloud offering that correlates security findings from across an organization’s cloud footprint to facilitate friction-free cloud security operations. FortiCNP’s patented Resource Risk Insights (RRI)TM technology produces context-rich, actionable insights that help teams prioritize the remediation and mitigation of risks with the highest potential …

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Further domestic recovery pushes Bloomberry 2Q2022 net income to P1.8 billion

2Q2022 HIGHLIGHTS: In the second quarter of 2022, Metro Manila remained under the lowest alert level—General Community Quarantine (GCQ) Alert Level 1.  Throughout the reporting period, Solaire’s gaming,  hotel, F&B and retail segments operated at capacities consistent with guidelines set forth by PAGCOR and the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF). Total Gross Gaming Revenues …

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Manila Water receives 90% customer approval rating in 2021

East Zone concessionaire Manila Water receives a 90% Customer Satisfaction (CSAT) rating for the year 2021 as it prioritizes customer satisfaction and needs as the center of its operations. Manila Water Corporate Communication Affairs Group Head Jeric Sevilla Jr. said that the online web-based survey was conducted last November 22 to December 28, 2021 using a structured questionnaire developed by …

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July Inflation Rises to 6.4 Percent

Headline inflation increased to 6.4 percent year-on-year in July from 6.1 percent in the previous month. This was within the BSP’s forecast range of 5.6-6.4 percent for July. The resulting year-to-date average inflation of 4.7 percent is above the Government’s average inflation target range of 2.0-4.0 percent for 2022. Meanwhile, on a month-on-month seasonally adjusted basis, inflation slowed down to 0.6 percent …

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ICTSI 1H2022 Net Income up 50% to US$294.5M

Balanced financial and operational results across its global portfolio enhanced EPS 68% to US$0.135 Throughput grew 5% to 5.8 million TEUsRevenues increased 20% to US$1.06 billionEBITDA 26% higher to US$672.1 million Enrique K. Razon, Jr., ICTSI Chairman and President said:  “We have delivered another period of strong operational and financial results across our global portfolio with throughput growth of five percent. …

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