Companies

In a move to curb excessive gambling exposure in public spaces, the Philippine Amusement and Gaming Corporation (PAGCOR) has ordered the immediate removal of all billboards and out-of-home (OOH) advertisements promoting gambling. In a memorandum issued on July 7, PAGCOR directed all licensees, suppliers, system administrators, and gaming venue operators to dismantle gambling-related ad materials—including those displayed on trains, buses, …

The Philippine office leasing market maintained its robust momentum in the first half of 2025, with demand already reaching 67% of the full-year total recorded in 2024—despite the exit of Philippine Offshore Gaming Operators (POGOs), real estate advisory firm Leechiu Property Consultants (LPC) reported last week. “Demand has been strong for the first half of the year. We believe it …

The Manila International Container Terminal (MICT), the flagship terminal of International Container Terminal Services, Inc. (ICTSI), recently deployed two fully electric terminal tractors— the first deployment of such equipment in a Philippine port. Christian Lozano, MICT chief executive officer, said the deployment is part of ongoing efforts to adopt more sustainable technologies:  “The testing of electric terminal tractors is another …

Sunshine Place in collaboration with its students (seniors, young adults & children) enrolled in its various art classes is mounting the eighth edition of Coloring Lives. Aptly named Coloring Lives, the annual exhibit is a fund-raising exhibit to benefit residents of a chosen institution. Proceeds of the exhibit will go a long way in making the lives of the beneficiaries …

Several primary care facilities in the provinces of Antique and Cebu received renovation support from BDO Foundation through the recommendation of BDO and BDO Network Bank branches. As part of its long-standing program, the foundation continues its mission to support public health workers and local government units in providing optimal patient care within an environment that is conducive to healing …

SM Malls attract people, but have you ever wondered why? Is it because SM Malls are everywhere? There is one in every city, even two or more in some cases, and at least one in every province, except for a few. But then the competition is also there, in the same vicinity, sometimes just across the street. No, it is …

The producer price index (PPI) for the manufacturing sector saw a quicker annual decline of 0.4 percent in May 2025, accelerating from just a 0.001 percent dip recorded in April. “The faster decline in the annual rate of PPI for the manufacturing section in May 2025 was primarily due to the faster decrement in the annual growth rate of the …

Nike expects to incur an additional USD1 billion in costs due to tariffs imposed during the Trump administration, prompting the company to accelerate efforts to diversify its supply chain away from China. “These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, during the company’s earnings briefing on Thursday. “With the new tariff rates …

Combined global vehicle sales of eight major Japanese automakers rose slightly by 0.5 percent year-on-year in May, reaching 2.02 million units, according to data released Friday. Toyota Motor Corp. led the growth with a 6.9 percent increase in global sales, driven by strong demand for hybrid vehicles in North America. Rush purchases in the United States also continued amid concerns …

Finance Secretary Ralph G. Recto and newly appointed Securities and Exchange Commission (SEC) Chairperson Francis Lim have committed to fast-tracking key reform initiatives aimed at improving the ease of doing business and strengthening the country’s capital markets. The SEC, operating under the supervision of the Department of Finance (DOF), plays a crucial role in protecting investors, maintaining fair and efficient …