Companies

More Filipinos can simultaneously grow their money and contribute to various socio-economic development initiatives in the country through the Bureau of the Treasury’s (BTr) Retail Treasury Bonds Tranche 27 due 2027 or RTB-27 issuance, which are available via the online investment channels of the Land Bank of the Philippines (LANDBANK). Launched on February 15 with the theme, “Mula sa Puso, …

State-run Land Bank of the Philippines (LANDBANK) has joined hands with agro-industrial company Charoen Pokphand Foods Philippines (CPFP) Corporation to support hog, poultry, and aqua raisers expand their business operations. LANDBANK will provide financing support to CPFP’s clustered farmer-fisher groups; cooperatives; micro, small, and medium enterprises (MSMEs); and other agri-enterprises for the acquisition and construction of bio-secured buildings and other …

Pakistan International Container Terminal (PICT) achieved a new operational milestone with its recent handling of Messina Line’s Jolly Quarzo, the first ro-ro vessel to call the terminal. This marks the resumption of ro-ro services at the Port of Karachi after 20 years. Khurram Aziz Khan, PICT chief executive officer, witnessed the inaugural ro-ro operation at the terminal together with Karachi …

To provide reliable and quality healthcare services amid the ongoing COVID-19 pandemic, the Land Bank of the Philippines (LANDBANK) and MEDICUM The Medical Center, Inc. (MTMCI) have signed a P300-million loan agreement for the construction of a hospital building and support facilities with modern medical equipment in Tabuk City. The new hospital will be completed next year and will be …

State-owned Land Bank of the Philippines (LANDBANK) wrapped up 2021 by further expanding touchpoints in key strategic areas nationwide, as part of its thrust of promoting greater financial inclusion and providing a more delightful banking experience to customers. LANDBANK’s total branch network reached 489 branches and branch-lite units across all 81 provinces nationwide as of 31 December 2021. The Bank …

State-run Land Bank of the Philippines (LANDBANK) recorded a net income of P21.75 billion in 2021—a 27% expansion from P17.14 billion in 2020—on the back of lower cost of funds and provision for losses.  LANDBANK’s total assets likewise grew 9.5% year-on-year to P2.586 trillion from P2.362 trillion. This was propelled by deposits expanding by 8.39% to P2.269 trillion, mainly from …

Despite the limited mobility caused by the recent surge in COVID-19 cases, BDO Foundation, the corporate social responsibility arm of BDO Unibank, has completed relief operations in nine provinces hit hardest by Typhoon Odette, one of the most destructive storms to make landfall in the Philippines in recent years. The foundation, in line with its disaster response advocacy, successfully delivered …

The Energy Regulatory Commission (ERC) imposed a penalty amounting to P15.5 million on ten generation companies for exceeding the maximum yearly outage limit in 2021. “We have been on the watch for gencos who exceed allowed unplanned outage days,” said ERC Chairperson and Chief Executive Officer Agnes VST Devanadera.  “We are constantly monitoring and reviewing the weekly reports being submitted by …

City cafés tried to bring the outdoors in. Café Plantcetera always had gardens in mind. Plants and coffee. What better combination can put someone in a good mood and promote good health? Plants, after all, are known to reduce stress levels and even improve the quality of indoor air by reducing volatile organic compounds and the concentration of carbon dioxide. …

More than a month since Typhoon Odette ravaged communities in the Visayas, Manila Water Foundation and its partners were able to reach thousands of families through the provision of water, sanitation and hygiene (WASH) support during emergencies. In coordination with the Philippine Army, Philippine Navy and Philippine Coast Guard, more than 70,000 liters of drinking water and over 300 cases …