Companies

BDO Foundation aids communities hit by Typhoon Neneng, earthquake

The corporate social responsibility arm of BDO Unibank recently mounted relief operations in Northern Luzon, providing aid to thousands of Filipinos affected by Typhoon Neneng and a 6.4-magnitude earthquake. In line with its disaster response advocacy, BDO Foundation immediately mobilized volunteers for the distribution of relief packs containing food, rice and drinking water in underserved communities. The disaster response efforts …

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Experts Share Strategies to Reduce Global Biodiversity Funding Gap

Over 70 biodiversity finance experts from Europe and Asia shared various approaches to reduce the global funding gap for biodiversity management at the United Nations Development Programme Biodiversity Finance Initiative’s (UNDP-BIOFIN) Regional Dialogue, held from 8 to 10 November 2022 at the Conrad Hotel in Manila. “Biodiversity finance finds ways to raise and manage funds to sustainable manage biodiversity. The wealth of …

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A Very Merry Gingerbread Christmas at SM MOA

It’s a Very Merry MOA Gingerbread Christmas as the SM Mall of Asia celebrates the season with a magical Gingerbread Village filled with larger-than-life gingerbread houses, peppermint candy canes, and giant frosted sugar cookies of MOA’s Magical Friends. Taking center stage is a dazzling 65-foot Christmas tree with 1,600 color-changing LED lights, shiny red balls and berries, topped with a …

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SM Foundation distributes relief goods to typhoon Paeng victims

The Filipino community was set to solemnly celebrate the Undas when Severe Tropical Storm Nalgae, locally called Severe Tropical Storm Paeng, hammered the Philippines and caused widespread damage.  According to the Philippines’ disaster agency, over two million people were affected by widespread flooding and landslides triggered by the heavy rains. It left thousands of houses damaged and many still in …

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SSS, RCBC tie-up sealed for digital-enabled UMID cards

Members of the Social Security System (SSS) will soon receive their SSS benefits and loan proceeds through their digital-enabled Unified Multi-purpose Identification (UMID) debit ATM cards powered by Rizal Commercial Banking Corporation (RCBC). The digital collaboration was sealed during the signing of the memorandum of agreement between the SSS and RCBC on October 20 at the SSS main building in …

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Manila Water’s 5-year service improvement plan to ensure continued 24/7 supply

Since it began operating the water and wastewater system of eastern Metro Manila and Rizal Province, East Zone concessionaire Manila Water has endeavored to provide 24/7 water supply to its current 7.4 million residents. Even during the height of the COVID-19 pandemic in 2020 and 2021, Manila Water has been reliably supplying uninterrupted supply not only to residences but also …

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FAME+ Market Days 2022 releases new home, fashion, & lifestyle collection for international market

Emerging from the creative minds that continue to push the boundaries of Filipino artisanship, a new collection of home, fashion, and lifestyle pieces was unveiled at the digital sourcing festival FAME+ Market Days last October 21-22, 2022 via the online platform Hopin.  A total of 50 brands and manufacturers were able to develop more than 500 original designs for this year.  …

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SM Foundation leads bloodletting initiatives

All it takes is just one poke to save lives. While blood donation drives are often conducted, blood shortages remain pressing in low- to middle-income countries. In the Philippines, blood donation activities were reduced during the height of COVID-19, making it even more challenging for the country to provide blood in times of need.  Amidst the obstacles, organizations and volunteers …

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ICTSI 9M2022 Net Income up 47% to US$465.1M; Globally diversified O&D portfolio drove strong performance

Throughput grew 7% to 8.9 million TEUs Revenues increased 20% to US$1.6 billionEBITDA 25% higher to US$1.0 billionDiluted EPS surged 63% to US$0.215 Enrique K. Razon, Jr., ICTSI Chairman and President said:  “I am pleased to announce further significant progress across the Group delivering strong growth in revenues of 20 percent to US$1.64 billion and EBITDA of US$1.04 billion, 25 percent higher than …

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Manila Water launches Mandaluyong City’s first microtunneling project

Manila Water piloted the first microtunneling technology in Mandaluyong City for the construction of the Mandaluyong West Sewer Network Package 1. The project is part of the Php785M Mandaluyong West, San Juan South and Quezon City South Sewerage System that includes the Aglipay Sewage Treatment Plant (STP) complemented by a combined sewer network, which will cater to households in Mandaluyong, …

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