Companies

The Philippine Amusement and Gaming Corporation (PAGCOR) posted strong gains in the first quarter of 2025, with total revenues reaching P28.07 billion—an 11.2% increase from P25.24 billion in the same period last year. Driving this surge was PAGCOR’s core gaming operations, which contributed P25.52 billion. The Electronic Games and E-Bingo segment emerged as the top earner, generating P14.32 billion or …

President Ferdinand R. Marcos Jr.’s directive to reduce interest rates on calamity loans issued by the Social Security System (SSS) is part of a broader effort to ease the financial strain on Filipinos and contribute to poverty alleviation, Malacañang said Friday. Presidential Communications Undersecretary and Palace Press Officer Claire Castro said during a media briefing that the measure, set to …

The Philippine manufacturing sector rebounded strongly in April as new orders and output rose, according to S&P Global. In its latest report released Friday, S&P Global said the country’s manufacturing purchasing managers index (PMI) climbed to 53 in April, indicating an improvement in business conditions.  This marked a turnaround from March’s reading of 49.4, which had signaled a slight contraction. …

Inflation likely dropped to 1.6% in April, continuing its downward trend from 1.8% in March, driven largely by cheaper food items, according to an economist. Rizal Commercial Banking Corporation chief economist Michael Ricafort said last week that several recent policy moves and market conditions helped temper price increases. “The initial implementation of the maximum suggested retail price of imported rice …

Enstack, a leading no-code eCommerce and growth platform for SMEs in the Philippines and Southeast Asia, has joined forces with Dyna.Ai to roll out highly localized AI-powered solutions aimed at simplifying and scaling business operations for entrepreneurs across the region. With Southeast Asia’s digital economy rapidly expanding, the role of AI in driving business growth is becoming increasingly evident.  According …

As part of  this year’s Earth Day celebration, East Zone concessionaire Manila Water highlights the power of collective effort in safeguarding our one and only Earth. Through its annual Earth Day running event, “Lakbay Kalikasan Earth Day Fun Run,” Manila Water, in collaboration with Manila Water Foundation (MWF), showcased the beauty of Metro Manila’s last ecological frontier, the La Mesa …

Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Rijeka in Croatia, welcomed the commencement of the new Hadria  service by Mediterranean Shipping Company (MSC) with the maiden call of the MSC ANNICK on April 9. MSC’s standalone service marks a significant development for North Adriatic trade connectivity, offering direct weekly connections to …

As SEMICON Southeast Asia (SEA), the regions flagship event for the global electronics manufacturing and supply chain community, prepares to host its inaugural and highly anticipated CEO Summit, an exceptional lineup of international industry leaders has been confirmed to speak.  Taking place on Tuesday, May 20 May  at the Sands Expo and Convention Centre, Singapore, the CEO Summit is poised …

I am MAD (Making A Difference) Volunteers, Inc., a volunteer-powered nonprofit, marked its 15th year with a meaningful return to Baguio City, where its journey began.  The MAD Meet Annual Volunteer Reunion & Anniversary Celebration featured the launch of its newest campaign, ‘I am Powered by Volunteer15m – I am MAD: 15 Years of Heartfelt M15sion.’ This year’s theme, “I …

The  Shari’ah Supervisory Board (SSB) in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has released the guidelines on the submission of requests for Shari’ah opinions of the SSB. The SSB issues opinions on Islamic banking transactions and products issued by financial institutions and other stakeholders in the BARMM, and when requested by the Bangko Sentral ng Pilipinas (BSP), financial …