Companies

In a ceremony held in Gdynia, on 19 December 2022, a new 30-year lease was signed into life by International Container Terminal Services Inc. (ICTSI) and the Port Authority of Gdynia SA for the Baltic Container Terminal (BCT).  The new lease will run until 2053. The new lease, for which ICTSI was declared preferred bidder, effectively extends the tenure of …

This Christmas, mark your calendars and book your stays now as Belmont Hotel Mactan welcome guests on its soft opening starting December 16, 2022!   Leading the 1.9 billion worth property with 550 rooms is General Manager, Johnson Del Valle. With two decades of local and international hospitality experience under his belt, he shares that “Choosing Belmont Hotel Mactan means enjoying …

Now in its seventh year, the Kasambahay Kasambuhay Pilipinas Awards, a joint endeavor of the Junior Chamber International Senate Philippines, Inc. (JCI) and Palawan Pawnshop Group, has named 10 household workers as this year’s Top 10 Kasambahays. Each winner will get Php100,000. The Top 10 winners are Regimar Cabrera, Rolly Rosero, Edwin Mugdan, Susana Berlas, Milagros Diorec, Myrna Domingo, Daisy …

Since 1997 when it took over the operations of the water system of the East Zone, Manila Water has been steadily expanding rehabilitating, replacing, and expanding its waterlines to reach more customers within its concession area. As of September 2022, the water concessionaire has laid and now maintains a total of 5,362.73 kilometers of water pipelines supplying clean and potable …

Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Mexico, recently commenced its third phase expansion project, which will increase its capacity from 1.4 million to more than two million TEUs within the next five years. CMSA Chief Executive Officer José Antonio Contreras led the project inauguration together with Colima Governor Indira Vizcaíno Silva, Commander Rubén Alfonso Suárez of the 10th Naval Region, Admiral José Rafael …

As part of a shared advocacy to address hunger, promote food security and support underserved sectors of society, BDO Foundation has inked an agreement with East-West Seed Foundation (EWSF), a non-governmental organization that promotes proper nutrition through improved vegetable consumption. The memorandum of agreement was signed by (from left) EWSF program manager Mary Joyce Gaviola, EWSF managing director Ma. Elena …

Open Finance technology leader Brankas has developed “Brankas Open”, a first-of-its-kind open-source license for the next generation of Banking-as-a-Service and Open Finance software. The “Brankas Open” license is meant to encourage digital banking and fintech innovation and lower the cost barriers for startups, neobanks, and even traditional institutions to quickly prototype and launch new solutions, while retaining their own source …

Manila Water has achieved another milestone as the Company was awarded for its outstanding corporate governance practices in the ASEAN Corporate Governance Regional Assessment for the year 2021.  Manila Water was among the 32 companies in the Philippines to be included in the 2021 ACG Asset Class. A total of 230 companies from the ASEAN member countries were recognized in …

Congratulations, Hotel Sogo! The country’s largest Filipino-owned hotel chain company has been awarded as Asia’s Most Outstanding Hotel Chain of the Year and Philippines Most Leading Hotel Chain of the Year. Meanwhile, Hotel Sogo’s CEO, Mr. Reynaldo M. Malaca was recognized as the Philippines Most Outstanding CEO of The Year at the recent Asian Business Excellence Awards 2022 held in …

Insular Life (InLife) has been selected as the 2nd runner up in the Community Engagement and Partnerships category at the recently held 2022 Regional Asia-Pacific Women’s Empowerment Principles (WEPs) Awards. The country’s largest Filipino life insurance company received the award “for exemplary practice embracing the women’s empowerment principles in Asia-Pacific.” This regional award follows the recognition given to InLife, through …