Business

PAGCOR records P58.96 billion revenues in 2022; contributions to nation-building up by 51.30%

The Philippine Amusement and Gaming Corporation (PAGCOR) posted another record-breaking feat after its total income for 2022 reached P58.96 billion, a 66.16% increase compared to its P35.48 billion total income in 2021. The biggest contributor to PAGCOR’s revenue achievement was its income from gaming operations which reached P55.05 billion. This amount is 68.71% higher compared to the P32.63 billion earnings …

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Manila Water’s P181-B service improvement plan supports government’s Build Better More program

The P181-billion Service Improvement Plan of East Zone concessionaire Manila Water anchored on the four pillars of sustainability perfectly aligns with the thrust of government to build more infrastructure that are climate resilient, support conservation and reduce risks brought about by disasters. Included in Manila Water’s Service Improvement Plan, which will be implemented from 2023 to 2027, are the construction …

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Converge accelerates its transformation journey with Tableau

Leading Philippine fiber internet provider Converge ICT Solutions Inc. is on the right track in its data empowerment journey as it shares how it maximizes Tableau, the analytics platform for Salesforce, in arriving at key business decisions as an internet service provider.  At the Tableau Inspiration Day held at New World Makati recently, Converge Chief Information Officer Ulysses C. Naguit …

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Managed security provides efficiency, solution to IT talent gap for businesses in SEA

Global cybersecurity company Kaspersky today reveals the state of Managed Security Service Provider (MSSP) in the region, particularly the main benefits that local SMBs and enterprises gain from this outsourcing model. Experts have since forecasted the steady growth of the Managed Security Service Provider (MSSP) market in Southeast Asia in the coming years due to the region’s collective push towards …

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The Philippines Future Skills Summit 2023: Building a Future-Ready Workforce

The Philippines Future Skills Summit 2023 is a highly anticipated event that will bring together experts, policymakers, and industry leaders to discuss the future of work and the skills that will be required to succeed in the years to come. The summit is set to take place on February7, 2023, at the Makati Diamond Residences, Makati City. The theme of …

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LANDBANK taps Lake Sebu co-op as Agent Banking Partner

The Land Bank of the Philippines (LANDBANK) has tapped the Lake Sebu Countryside Development Multipurpose Cooperative (MPC) to serve as its Agent Banking Partner in this underserved municipality, as part of the Bank’s mandate to advance greater financial inclusion in the country. As a LANDBANK Agent Banking Partner, the Lake Sebu Countryside Development MPC will now offer basic banking services, …

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LANDBANK, Israel Embassy explore partnership to boost PH development

To further strengthen bilateral relations between the Philippines and Israel, the Land Bank of the Philippines (LANDBANK) and the Israel Embassy explored possible areas of collaboration to advance economic development in the country. Israeli Ambassador to the Philippines Ilan Fluss paid a courtesy visit to LANDBANK President and CEO Cecilia C. Borromeo at the LANDBANK Plaza on 17 January 2023. …

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Top Coastal Bay Realty Corporation launches its first luxury residential property

Start the year right by putting your hard-earned money into a worthy and wise investment. Top Coastal Bay Realty Corporation introduced its newest residential property – Coastal Luxury Residences. The developer of this luxury condominium gave a comprehensive approach to luxury living with its seamless integration of home, leisure, work, and well-being in the construction of this residential property. Coastal …

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Converge CEO Dennis Anthony Uy stresses value of education, donates 3-hectare land to alma mater in Pampanga

Giving back to the institution that honed him to become the successful businessman he is today, Converge ICT Solutions Inc. CEO and Co-Founder Dennis Anthony Uy has donated three hectares of land to his alma mater Chevalier School in Angeles City, Pampanga, underscoring the value of education just like what his late father used to advocate for.  “Chevalier, and of …

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BPI Partners with Euronet Worldwide expanding
ATM Network into Southeast Asia

The Bank of the Philippine Islands (BPI) partnered with Euronet Worldwide Inc., a leading global financial technology solutions and payments provider, for its ATM management to acknowledge the need to enhance its ATM infrastructure to better serve customers who still rely on cash. The expansion of its ATM network into Southeast Asia includes the installation of the company’s independent ATMs …

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