Companies

Basra Gateway Terminal gets new MHC

Basra Gateway Container Terminal (BGT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Umm Qasr, Iraq, has commissioned a new Konecranes Gottwald ESP.8 mobile harbor crane. With a 125-ton lifting capacity and a 54-meter boom, the crane can serve vessels up to post-Panamax class, further strengthening BGT’s operational capability. This latest acquisition is part of BGT’s continuing …

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ArenaPlus renews partnership with PVL, Spikers Turf

ArenaPlus, the 24/7 sports entertainment gateway in the Philippines, inked another year of partnership with the country’s leading volleyball leagues, the Philippine Volleyball League and Spikers Turf, last  February 6 at the Philsports Arena in Pasig City. In its second year, ArenaPlus has continued its support of the professional women’s and men’s volleyball leagues, delivering an exciting and entertaining volleyball experience for …

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Landers Superstore turns over leys to Porsche

Landers Superstore, the country’s fastest-growing membership shopping destination, made shopping even more rewarding as it awarded two lucky members with brand-new cars during the Shop &  Win Raffle Grand Awarding Ceremony. The event, held on February 13, at Landers Arca South, marked a thrilling highlight of the brand’s 8th anniversary celebration. Ingrid Rose Panuncialman from Landers Alabang drove home the …

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BSP and BIS Co-Host Workshop on Macroeconomic Modelling

The Bangko Sentral ng Pilipinas (BSP), in partnership with the Bank for International Settlements (BIS), co-hosted a workshop on macroeconomic modelling on 16 to 17 January 2025, in Panglao, Bohol. The event gathered central bankers from 14 countries and experts to discuss emerging approaches and challenges in macroeconomic modelling. The workshop served as a platform for knowledge-sharing and collaboration, reinforcing …

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Mapúa University Celebrates a Century of Impact with “Prism of Learning” Exhibit at Yuchengco Museum

As part of its centennial celebration, Mapúa University successfully launched Prism of Learning, an exhibition showcasing the creative excellence of its students and alumni in arts and design. Opened on February 11 at the Yuchengco Museum, the exhibit highlighted Mapúa’s enduring legacy of building industries and producing influential artists since its founding in 1925. The exhibit underscores the university’s pivotal role …

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From Japan to PH in seconds: Strong partnership ensures swift and secure remittance for Overseas Filipinos

Overseas Filipinos in Japan continue to favor the strong alliance between two trusted banks for safe and real-time money transfers. Such is the experience of Arianne Matucading and Den Mojica, who have benefited firsthand from the ease and security of BDO Unibank, Inc. and Japan’s Seven Bank in facilitating fast and reliable remittances. “They’ve made sending money to my family …

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VFS Global alerts Filipinos and residents of The Philippines against visa frauds, advises to apply early to avoid delays

MANILA, PHILIPPINES—With the surge in outbound travel demand from The Philippines, visa applications submitted for various countries are at volumes higher than ever before. With this increased demand for visa application appointments, scammers pose as employees or associates of the organisation; or agents and intermediaries who sell appointments, issue fake appointment letters, or claim to influence positive visa decision, etc. …

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BOC earns P931-B last year

The Bureau of Customs (BOC) achieved P931.046 billion in revenues in 2024, marking an increase of P40 billion from the previous year’s total of P890.446 billion. During the BOC’s 123rd-anniversary event on Friday, President Ferdinand R. Marcos Jr. highlighted this success and underscored the importance of effective revenue collection. He pointed out that these funds help fuel vital national development …

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Mitsubishi investing P7-B in Phl in 5 years

President Ferdinand R. Marcos Jr. has expressed his support for Mitsubishi Motors Corp. (MMC)’s PhP7-billion investment plan in the Philippines, which is expected to generate more employment opportunities for Filipinos over the next five years. MMC President and CEO Takao Kato met with the President in Malacañang last week to present the company’s plans, which include introducing a new vehicle …

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Phl factory output shows growth in Dec.

Factory output in the Philippines showed improvement in December 2024, rebounding from a contraction in November, according to the Philippine Statistics Authority (PSA). The PSA’s Monthly Integrated Survey of Selected Industries (MISSI) revealed that the value of production index (VaPI) increased by 0.4 percent in December, reversing the -3.5 percent decline in November 2024. However, this growth was slower compared …

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