Companies

Manila Water highlights waterways protection as June desludging schedule begins

In line with its commitment to environmental protection and public health, Manila Water encourages customers to take advantage of its scheduled septic tank desludging service this month of June. Regular desludging, ideally every five years, helps prevent untreated wastewater from contaminating our waterways, and supports a cleaner, more sustainable future for all. For this month of June, Manila Water desludging …

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Metro Retail nets P8.9-B in sales for Q1 2025

Metro Retail Stores Group, Inc. (MRSGI) announced a net sales figure of P8.90 billion for the first quarter of 2025, marking a 2% increase compared to P8.73 billion in the same period last year. This growth was driven by steady advances in both food retail (+1.8%) and general merchandise (+2.5%), along with contributions from the company’s expanding store network. Blended …

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BIR chief Lumagui Jr. submits courtesy resignation

Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. announced on Friday that he has tendered his courtesy resignation to give President Ferdinand R. Marcos Jr. the opportunity to assess his performance. In a statement shared on social media, Lumagui expressed his full support for the President’s emphasis on accountability in public service. “This call for accountability shows the commitment …

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inDrive, SEAOIL launch loyalty program to reward drivers

Ride-hailing platform inDrive has joined forces with SEAOIL Philippines, Inc. to introduce a driver loyalty program aimed at offering rewards and incentives to its driver network. At the ceremonial signing in Quezon City last week, Vanessa Taqueban, inDrive’s driver operations lead in the Philippines, explained that the partnership seeks to foster a sustainable and empowering environment for their drivers. “Together, …

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DTI backs Taiheiyo Cement’s green expansion in Luzon

Department of Trade and Industry (DTI) Secretary Cristina Roque recently met with top executives of Taiheiyo Cement Corporation in Tokyo to reaffirm the Philippine government’s commitment to supporting the cement industry’s growth and sustainability. According to a statement from the DTI on Thursday, the meeting, held on May 19, highlighted Taiheiyo’s PHP3.72 billion investment in a new Luzon Distribution Terminal …

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CCAP supports new EBET law to boost workforce upskilling

The Contact Center Association of the Philippines (CCAP) has thrown its full support behind the recently enacted Enterprise-Based Education and Training (EBET) law, citing its potential to close the skills gap in the labor market. During a recent press conference in Makati City, CCAP president Haidee Enriquez commended the government for formally recognizing the essential role of enterprises in shaping …

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SM Prime building new MICE Venue at MOA Complex

SM Prime Holdings, Inc. is set to invest PHP1.7 billion in the construction of the SMX Center for International Trade and Exhibitions (SMXCITE), a new 18,000-square-meter facility that aims to elevate Metro Manila’s status as a premier destination for global trade expositions. According to a statement released last week, SMXCITE will be located within the bustling SM Mall of Asia …

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GOCC dividends seen breaching P100-B in 2025

The Department of Finance (DOF) expects dividends from government-owned and controlled corporations (GOCCs) to exceed PHP100 billion this year, signaling another strong performance in non-tax revenue collection. As of May 15, the DOF reported that GOCCs had already remitted over P76 billion in dividends, with contributions coming from about 50 entities. Among the top contributors were the Land Bank of …

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PHLPost moves forward for rehabilitation of Manila Central Post Office

Two years after the tragic fire that destroyed the iconic Manila Central Post Office last  May  21, 2023, the Philippine Postal Corporation (PHLPost) made a significant step forward in its mission to rebuild and restore the national treasure. PHLPost is preparing to publish the Terms of Reference (TOR) for the Detailed Architectural and Engineering Design (DAED) of the structure, opening …

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SM Foundation wins recognitions for public service communications

The SM foundation received the Silver Stevie Award for Innovation in Community Relations or Public Service Communications and the Bronze Stevie Award for Innovation in Corporate Social Responsibility (CSR) Videos. These accolades underscore SM Foundation’s commitment to harnessing the power of storytelling to drive social development. The Asia-Pacific Stevie Awards honor innovation in business across 29 markets in the region. …

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