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 …
Read More »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 …
Read More »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, …
Read More »High volume, low margin: The e-commerce dilemma for FMCG companies
The Philippines has become one of the fastest-growing eCommerce markets globally, with 73 million active eCommerce users and online sales reaching $17 billion in 2021. To capitalize on this opportunity and secure a strong foothold in the digital shopping space, Filipino brands need two critical keys to succeed in the eCommerce space: an accurate, growing understanding of the changing digital …
Read More »DTI-CB Empowers MSMEs with Capability-Training and Consultancy Services
Micro, Small, and Medium Enterprises (MSMEs) striving to achieve performance excellence are granted capability-training and consultancy services through the Philippine Quality Award (PQA) Program’s Toolkit for Organizational Resilience and Excellence (TORE), helping them to be at par with world-class standard. Speaking to the fifty (50) participants of Department of Justice – Office for Alternative Dispute Resolution (OADR)’s Mediation Training for …
Read More »Philippine Postal Corporation and SM partnership
The Philippine Postal Corporation (Post Office) and SM Mart Inc. will bring the post office closer to shoppers when SM Makati’s newly renovated Servicio opens this November. With this, shoppers will be able to conveniently and quickly mail letters and express packages, buy stamps and other philatelic products, apply for Postal ID, send electronic Postal Money Orders, postal cards and …
Read More »Globe to delight consumers with exciting entertainment from Disney+
The long wait is over. Globe, the country’s most reliable mobile network, is the first telecommunications operator to distribute the highly anticipated streaming service, Disney+, in the Philippines from November 17. With Globe’s reliable high-speed network and extensive coverage, subscribers of Disney+ will be able to access a vast library of content from Disney, Pixar, Marvel, Star Wars, National Geographic, …
Read More »SM Prime’s sustainability drive showcased in UNDRR Geneva
Hans T. Sy, Chairman of the Executive Committee of SM Prime Holdings Inc. (SM Prime), recently showcased the company’s sustainability drive at the 2022 General Membership Meeting of the Private Sector Alliance for Disaster Resilient Societies (ARISE) of the United Nations Office for Disaster Risk Reduction (UNDRR) in Geneva, Switzerland. “Resilience, being a priority in SM developments, is factored into …
Read More »PAGCOR delivers immediate aid to Paeng-affected areas in Luzon
Immediately after severe Tropical Storm “Paeng” lashed many parts of the country, the Philippine Amusement and Gaming Corporation (PAGCOR) reached out to several local government units (LGUs) that were gravely affected by heavy rains and floods. A total of 6,350 families from the province of Bulacan and San Pedro, Laguna were among the initial recipients of PAGCOR’s relief aid, which …
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