Companies

Eight new hybrid RTGs boost capacity, improve efficiency, and support ICTSI’s drive toward sustainable port operations. International Container Terminal Services, Inc. (ICTSI) has added eight hybrid rubber- tired gantries (RTGs) to its flagship Manila International Container Terminal (MICT), expanding capacity, improving operational efficiency, and advancing its sustainability goals. Built by Japan’s Mitsui Engineering and Shipbuilding Co. Ltd., the RTGs feature …

Operadora Portuaria Centroamericana (OPC), a subsidiary of International Container Terminal Services, Inc. in Honduras, continues to set the standard for ports in the country and the CA-4 region with the launch of its inaugural sustainability report. OPC is the first port in the country and the region to publish such document. OPC’s sustainability report embodies the company’s commitment to transparency, …

Makati, Philippines – The Department of Education (DepEd), Security Bank Foundation, Inc. (SBFI), and Security Bank Corporation have formalized a partnership to expand SBFI’s Mentoring Future Leaders for Nation-Building program, a three-year training initiative for teachers and school principals. Under the agreement, DepEd will endorse qualified applicants, grant learning and development credits, monitor action plans, and provide essential data to …

Japanese wellness company Nambu Co. Ltd is set to invest P4 billion to build 10 retirement facilities across the Philippines, with the first project to rise in Lapu-Lapu City, Cebu, the Department of Trade and Industry (DTI) announced Friday. The investment, backed by the CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises – Maximize Opportunities for Reinvigorating the Economy) …

Fairness, transparency, and reliable service now outweigh price in Philippine e-commerce, according to a new study released Friday by global market research firm Milieu Insight. While Filipino online shoppers still value bargains, the survey of 500 buyers nationwide showed that good service, transparent policies, and dependable delivery carry equal or greater importance. “Competitive pricing alone is no longer enough to …

Globe Telecom has secured a ₱5 billion long-term loan from the Bank of Commerce to partly finance its 2025 capital expenditures, the company disclosed Friday. The funds will also be used for debt refinancing and other general corporate requirements, Globe said in a filing with the Philippine Stock Exchange. For this year, Globe set its capital expenditure guidance below USD1 …

Financial services firm Home Credit expects its loan receivables to hit ₱100 billion this year, driven by growing partnerships and an expanding customer base. Home Credit’s receivables currently stand at about ₱85 billion, up from ₱74 billion at end-2024, said marketing and communications group head Sheila Paul in a Thursday briefing. “We’re hoping to hit the magic 100 within the …

The Department of Trade and Industry (DTI) has given online businesses until Sept. 30, 2025 to register for the E-Commerce Philippine Trustmark, a move aimed at boosting consumer confidence and addressing mounting complaints in the digital marketplace. The mandatory registration, outlined in a DTI Administrative Order, is in line with Republic Act 11967 or the Internet Transactions Act of 2023. …

The Securities and Exchange Commission (SEC) has expanded its One Day Submission and Electronic Registration of Companies (OneSEC) facility to cover foreign firms seeking to incorporate in the Philippines. SEC Chairperson Francis Lim said the move is part of efforts to improve ease of doing business and attract more international investments. “By expanding the coverage of OneSEC to foreign entities, …

The government vowed to step up efforts to strengthen climate resilience and workforce agility to shield the country’s labor market from future shocks, the Department of Economy, Planning, and Development (DEPDev) said Wednesday. The commitment came after July 2025 labor force data showed weaker conditions due to extreme weather events that disrupted economic activity across Luzon and other regions. The …