Companies

Aligned with President Ferdinand R. Marcos Jr.’s vision to ensure food security, Department of Trade and Industry (DTI) Secretary Fred Pascual, together with Department of Agriculture (DA) Chief of Staff Atty. Alvin John Balagbag, and National Irrigation Administration (NIA) Acting Chief Eduardo Eddie Guillen, inked a memorandum of understanding (MOU) to establish cooperation measures in the development and implementation of …

LG Electronics Inc. (LG) announced its financial results for the year 2023, disclosing a consolidated revenue of KRW 84.2 trillion and an operating profit of KRW 3.55 trillion. This marks the third consecutive year of achieving record-breaking annual revenue. The operating profit is also solid, approaching levels seen during the prior period of pent-up demand. Despite challenging external factors such …

The International Longshore and Warehouse Union (“ILWU”) and ICTSI Oregon, Inc. (“ICTSI”) today jointly announce that they have reached a settlement of all legal claims. Specifically, the settlement finally resolves all ICTSI’s claims against ILWU relating to the decade-long litigation captioned ICTSI Oregon, Inc. v. International Longshore and Warehouse Union, et al., Case No. 3:12-cv-1058-SI, pending in the United States District …

The SM Foundation, known for its dedication to social development, clinched two prestigious Silver Anvil Awards at the recent 59th Anvil Awards. Recognized as the “Oscars of Public Relations,” the awards are presented by the Public Relations Society of the Philippines (PRSP) to honor excellence in the field. The achievements of SM Group’s social good arm were celebrated in the …

AI-enabled wearables could spark debates about privacy, and the anticipated proliferation of AR and VR is likely to set new standards regarding privacy in 2024. At the same time, the significance of data breaches containing passwords is expected to diminish as two-factor authentication becomes more prevalent, and users enhance privacy with assistant bots. According to Kaspersky, the privacy field is …

The significant investment that the International Container Terminal Services Inc. (ICTSI) is poised to inject for the development and management of the Iloilo Commercial Port Complex (ICPC) will reinvigorate the economy and establish Iloilo as an international gateway, as envisioned by former Senate President Franklin M. Drilon, a strong advocate or the privatization of the Iloilo port. This move, according …

BingoPlus, your comprehensive entertainment and amusement platform and the first online Bingo app in the country, honors the biggest and most popular festival in Cebu City, the Sinulog.    The Sinulog Festival is an annual celebration held every third Sunday of January in Cebu. The festival is also known for its street parties, which happen during the night. It is also …

MR.DIY, the renowned home improvement and lifestyle retail chain, made a vibrant addition to the Sinulog 2024 festivities, captivating attendees with their engaging participation and community-centric initiatives. From January 16 to 21, 2024, MR.DIY’s presence illuminated the celebration, fostering a spirit of excitement and camaraderie among festival-goers. Throughout the festivities, MR.DIY delighted attendees with interactive activities at Plaza Independencia. From …

The Philippine Ports Authority (PPA) has awarded International Container Terminal Services Inc. (ICTSI) a 25-year concession contract to develop and operate the Iloilo Commercial Port Complex (ICPC) in Western Visayas. This marks a significant step towards transforming ICPC into a modern, efficient, and premier gateway for the region. ICTSI received from PPA a Notice of Award for its sole bid …

Puregold Price Club, Inc. recently announced price drops on branded national products. The retailer aims to address the financial strain on Filipinos due to rising prices of goods. In 2023, the National Economic and Development Authority reported a full-year average inflation rate of 6.0 percent. To maximize a tight budget, customers are forced to make the difficult decision to substitute …