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MICT readies for busy trade season in Q4

The Manila International Container Terminal (MICT), the flagship operation of global port operator International Container Terminal Services Inc. (ICTSI) achieved record volume and productivity with its first year-to-date two million twenty-foot equivalent unit (TEU) volume of cargos moved last December.

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Jollibee opens 1,000th store at Bonifacio Global City

Local fast food giant Jollibee recently opened its 1000th store at BGC Triangle Drive in Taguig City. 

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Globe unit, DTI join hands for SMEs development

Globe Telecom’s business technology arm recently joined the Department of Trade and Industry’s (DTI) Negosyo Fair through Globe myBusiness Academy, a free learning session that educates independent business owners on marketing trends, increasing revenues, and discovering new solutions to stay competitive in the digital age. 

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Government reforms effort buoys stock index

By Riza Lozada The Philippine Stock Exchange index (PSEi) closed at 7,843.16 on the last trading day of June, marking a 14.7 percent increase for the PSE index in the first six months which market players attributed to the reform thrust of the government. 

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JG Summit hikes capex to P48B for this year

JG Summit Holdings Inc. (JGSHI) has increased its capital expenditure (capex) to P48 billion for this year up 13 percent from last year’s P41.9 billion. 

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A Brown, Russ firm ink deal on atomic energy

Listed A Brown Co. Inc. has entered into a cooperation agreement with private institution Rusatom International Network (RAIN) recently. 

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Coke to spruce up LRT central station in deal

To provide enhanced commuter experience to LRT-1 passengers, LRT-1 operator Light Rail Manila Corporation (LRMC) and Coca-Cola recently sealed a partnership under the “Station Domination” Project spearheaded by PHAR, LRMC’s exclusive ancillary revenue partner. 

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Listed firms hike profit as online trade grows

By Riza Lozada Listed companies had a combined net income of P683 billion in 2016, higher by 17.8 percent from P580.15 billion in 2015 as a result of improved business operations and lower costs, Philippine Stock Exchange (PSE) data showed. 

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PAL returns to KL after 3-year hiatus

After an absence of three years, flag carrier Philippine Airlines (PAL) resumed daily services to Kuala Lumpur, Malaysia on June 8. 

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ICTSI exec cites need for Georgia ports development

Georgian ports need to improve their services and logistical connectivity to maintain the country’s position as a key transit corridor for the Caucasus, Jacob Gulmann, ICTSI Europe, Middle East and Africa Business Development Director, said during his presentation at the 6th Black Sea Ports Conference and Exhibit held last May 18 to 19 at the Sheraton Batumi Hotel in Adjara, …

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