Companies

Let us not dance around the issue of direct foreign investments (FDI).  The Philippines is “kulelat” in the list of where foreign investors wanted to put in their capital, however government authorities here try to massage the numbers. According to the Philippine Statistics Authority (PSA), approved  foreign investments in the Philippines plunged by 50.1% year on year to P272.38 billion …

Even in the water-rich Philippine archipelago, water has become a lucrative area of investment for homegrown businessmen. First Gen Corporation, Prime Infrastructure Capital Inc., MacroAsia, Summa Water Resources, Boracay Tubi System, New Earth Water System and even Poro Point in La Union are into the development of water infra and facilities, building of dams, and desalination and distribution. It was …

Victoria International Container Terminal (VICT), International Container Terminal Services, Inc.’s (ICTSI) fully automated operation at the Port of Melbourne, is expanding its trade links to the Americas with Mediterranean Shipping Company’s (MSC) newly launched Eagle service. The standalone service made its inaugural call at VICT on February 3 with the arrival of the 2,556-TEU vessel Etoile. The Eagle service connects Australia …

With renewed focus on its role as the nation’s last-mile delivery service provider, the Philippine Postal Corporation (PHLPost) continues to expand its nationwide presence through the opening of new post offices and postal stations across far-flung and remote communities in the country. The newly opened facilities include the Macrohon Post Office, located at the Municipal Hall in Barangay San Vicente …

Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, recently hosted delegates from the Association of Southeast Asian Nations (ASEAN) at its award-winning gateways, Mactan-Cebu International Airport (MCIA) and Bohol-Panglao International Airport (BPIA). “What a lovely experience at [Mactan-Cebu] International Airport. A warm welcome goes a long way – it sets the tone for the journey ahead,” said Dubai-based hospitality …

ICCP Chairman of the Executive Committee Guillermo D. Luchangco announced the election of Augusto D. Bengzon as Chairman & Chief Executive Officer of Investment & Capital Corporation of the Philippines (ICCP). Bengzon brings extensive leadership and financial management experience to ICCP. He worked in financial services for 18 years, including 16 years with Citibank where he served in several areas in consumer, corporate and investment …

The inflation computations were arrived at even as the  Manila Electric. Co. trimmed electricity rates by 16.37 centavos per kilowatt-hour (kWh) to P12.9508 per kWh last month from P13.1145 per kWh in December, which meant households consuming an average of 200 kWh paid P33 less in their monthly electricity bill. In January 2025, Meralco charged its customers P11.7428 per kWh. …

THE transition from a scholar to a legal professional is rarely a straight path. More often, it is a test of endurance.  For Atty. Jermagne A. Ceria, passing the 2025 Bar Exam was not just a personal milestone, but the culmination of a decade-long journey fueled by a “never-say-die” spirit and the unwavering support of SM Foundation. Jermagne’s story begins …

International Container Terminal Services Inc. (ICTSI)’s wholly owned subsidiary Victoria International Container Terminal Ltd. (VICT) has signed a 26-year extension of its contract to operate and manage the Webb Dock East terminal at the Port of Melbourne. Port of Melbourneand VICT announced the extension today, which will see VICT continue to operate and manage the terminal until 2066.   This …

FIRST Metro Securities Brokerage Corporation (FirstMetroSec) continues to strengthen its already robust digital trading ecosystem as it prepares investors for increasingly dynamic market conditions, reinforcing its long-term commitment to technology-driven investing. As market participation grows and trading activity becomes more fast-paced, FirstMetroSec has continued to invest in platform enhancements that improve speed, visibility, and the overall trading experience.  Recent upgrades …