Companies

Life insurer FWD Life Philippines recently launched a dollar-denominated single-payment insurance protection and investment plan called “US Dollar All Set Higher” which gives customers the opportunity to take advantage of the long-term growth potential of international economies while giving them lifetime insurance protection.

The Metrobank Foundation Inc. (MBFI) announced last September 23 the expansion of its art thrust to educating people on cultural heritage.

By Riza Lozada Local startup firms eyes entering new foreign markets in the next three to five years, according to the Philippine Startup Survey of Isla Lipana & Co./PwC Philippines and QBO Innovation Hub.

International remittance service firm Western Union recently expanded its national retail network in the Philippines with the addition of 1,200 new agent locations.

International container port operator International Container Terminal Services, Inc. (ICTSI) posted record productivity at its flagship Manila International Container Terminal (MICT) in the Philippines for August and September with equipment operators achieving their monthly targets.

By Riza Lozada Integrated energy company Semirara Mining and Power Corp. (SMPC) has tripled its first half royalty payments to the Department of Energy (DOE) to P1.69 billion from P575 million a year ago. The surge in government remittances was driven by the SMPC’s increased production and expanding operations. The company is targeting an annual coal production of 16 million …

Property giant Megaworld Corp. will expand its office space inventory by 500,000 square meters to meet strong demand over the next three years owing to the country’s sustained economic growth.

By Riza Lozada Businessman Manuel V. Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC) has increased its investment on its planned takeover and rehabilitation of the Metro Rail Transit Line 3 (MRT-3) to P20 billion from P12 billion initially.

By Gia Catimbang Fujitsu manufacturer PFU Ltd. expressed pride that its Fujitsu line of image scanners reached 10 million in global shipments as of last July.

By Hananeel Bordey Metrobank Foundation Inc. named this year’s winners and new members on the roster of Metrobank Arts and Design Excellence (MADE), now on its 33rd year, held last September 21 at the Le Pavillion, Metropolitan Park, Pasay City.