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Converge ICT to use P29.1-B IPO proceeds for expansion

Listed fixed broadband provider Converge Information and Communications Technology Solutions Inc. (Converge ICT) raised about P29.1 billion from its initial public offering (IPO), the second largest in the local bourse, despite the pandemic.

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DTI-BPS reinstates mandatory certification of plywood

Department of Trade and Industry (DTI) Secretary Ramon Lopez reported that DTI shall reimpose the mandatory certification of locally manufactured or imported plywood.  This is to assure customers that all plywood products would go through rigorous quality checking. 

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Bloomberry Foundation, PAGCOR turn over Communal Micro-Grid Solar Facilities to 11 Aeta mountain communities in Capas, Tarlac

Bloomberry Cultural Foundation, Inc. (BCFI) and the Philippine Amusement and Gaming Corporation (PAGCOR), through their implementing partner, Project Liwanag, recently turned over the Communal Micro-Grid Solar PV Electrification Project to the community leaders of 11 Aeta Mountain Communities in Capas, Tarlac. 

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Likha Trade Fair continues to feature CL products in virtual trade expo

Now on its 22nd year, the much awaited Likha ng Central Luzon Trade Fair will still be held from October 13-17 online. Regional Director Judith P. Angeles of the Department of Trade and Industry Regional Office III (DTI-3) said that the Likha Trade Fair will continue through an easily accessible online platform that will allow buyers to see the best products …

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DTI-11 monitors 830 establishments for MC 20-44 guidelines

The Department of Trade and Industry (DTI) in Davao Region has already monitored a total of 830 establishments relative to their compliance with the agency’s Memorandum Circular 20-44.  

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TecPlata starts receiving imports from the Far East

TecPlata port terminal has begun receiving imports from the Far East with the first shipment from China through a new Far East service provided by Evergreen Marine Corporation.

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Bloomberry foundation, PAGCOR turn over mega quarantine facility to IATF

Bloomberry Cultural Foundation, Inc.(BCFI)  and the Philippine Amusement and Gaming Corporation (PAGCOR) have completed and turned over the country’s largest COVID-19 quarantine facility, the Solaire-PAGCOR Mega Quarantine Facility, to the Integrated Agency Task Force (IATF). The facility, funded by BCFI, Solaire Resort and Casino’s corporate social responsibility arm, is currently the National Capital Region’s largest quarantine facility. Built by Prime …

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AREIT acquires prime Grade A commercial development in Cebu

AREIT, Inc. (AREIT) signed a Deed of Sale with ALO Prime Realty Corp., a wholly-owned subsidiary of its Sponsor, Ayala Land, Inc., to acquire Teleperformance Cebu (TP Cebu).

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PAL launches Mid-September Seat Sale

Philippine Airlines has launched a ‘September Deals’ promotion offering base air fares as low as P688 for one-way domestic flights and USD99 for round trip international tickets. 

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ICTSI Argentina handles imports for La Plata logistics hub

The shipment from Brazil were unloaded at TecPlata last month, and included a seismograph bound for the Vaca Muerta unconventional oil and gas field in Argentina’s Neuquen Province.  The equipment will be used by Wellfield Industry Ltda.

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