The MHT service resumed calls to MCT on 3 August, marked by the arrival of the vessel Wan Hai 231. Wan Hai’s weekly service will call MCT every Saturday, connecting Subic, Cebu and Mindanao to the bustling trade hubs of Hong Kong and Taiwan. “The return of the MHT service is a significant development in our efforts to strengthen regional trade connectivity …
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The price of premiums for non-life insurance products have been inching upwards fueled by the hardening reinsurance rate and the country’s poor risk rating. In a press briefing last August 9, at the Hexagon Lounge of the RCBC Plaza in Makati, Malayan Insurance Co. Inc. weighed in on the impact of reinsurance and other key factors on the non-life insurance …
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SM Supermalls and the Department of the Interior and Local Government (DILG), led by SM Supermalls’ Senior Vice President for Operations Engr. Bien Mateo and DILG Secretary Benjamin “Benhur” Abalos, Jr. launched the screening of DILG’s ‘Buhay Ingatan, Droga’y Ayawan’ (BIDA) anti-drug advertisements in SM Cinema. The event was held last August 12, 2023, at the SM Megamall Director’s Club. SM Supermalls’ Senior Vice …
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On Sunday, 13 August 2023, Department of Trade and Industry (DTI) Secretary Fred Pascual led the launching of the One Ilocos Sur One Town-One Product (OTOP) Hub at the sidelines of his trip in Ilocos to attend the Post-SONA Philippine Economic Briefing (PEB). In his speech, Secretary Pascual emphasized, “As the backbone of our economy, micro, small, and medium enterprises …
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Enrique K. Razon, ICTSI Chairman and President said: “ICTSI’s diversified portfolio, operational discipline and the determined focus from our fantastic team around the world has enabled us to deliver another strong financial performance.” “We have a robust balance sheet and a highly cash generative business which looking ahead, will enable us to continue our strong track record of investing in …
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No doubt, local beauty is thriving and this August, Watsons wants YOU to patronize Filipino brands by throwing the biggest sale offers yet! Here’s all the deals you shouldn’t miss this month! 1. Hello Glow This local skincare brand educated us about what it means to truly “rejuvenate” skin by introducing four unique rejuvenating sets that caters to specific skin …
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The Transport and Logistics Philippines 2023 Expo, scheduled from August 17-19, 2023 at the World Trade Center Metro Manila will highlight the contributions of the transportation and logistics industries to ease doing business and transform the country into a modern economic powerhouse. The three-day event showcases the latest products serving the industry, such as fleet management vehicles, fuel-efficient solutions, vehicle …
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Shell Pilipinas Corporation (SPC) recovers from its net loss in Q1 and delivers a net income of P123 million for the first half of 2023, amid challenging conditions brought about by volatility in oil prices and tripling of interest rates. SPC’s core earnings for the first half of 2023 stand at P1.4 billion as its marketing business rebounds. Total marketing …
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Converge ICT Singapore Pte. Ltd. (Converge SG), the international unit of leading fiber broadband and technology solutions provider Converge ICT Solutions Inc., is now up and running, fully geared up to service enterprise customers outside the Philippines. “We realize the opportunities presented by wholesale as a driver for our enterprise business and Converge will continue to capitalize on that. Converge …
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The excitement kicks in as the FIBA Season fever draws nearer. TCL, the leading consumer electronics brand and the world’s top two TV brand, as a Global Partner for this year’s FIBA Basketball Cup is also joining in the fun with their latest offering. Get to own the newest TCL C648 55” QLED TV at a stunning discounted price of …
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The Market Monitor Minding the Nation's Business