Companies

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 …

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 …

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 …

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 …

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 …

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. …

Bird enthusiasts and nature lovers have a new reason to flock to La Mesa Ecopark (LME), as the ecological sanctuary emerges as one of Metro Manila’s urban birdwatching destinations. In partnership with the Wild Bird Club of the Philippines, La Mesa Ecopark is conducting regular birdwatching activities which aim to bring the park’s rich biodiversity out in the open, out …

With the rise of home drinking culture and a desire for convenience, ready-to-drink (RTD) cocktails have found their place among today’s generation. One of the more popular RTDs in the market these days is the Tanduay Flavored Mixes in Daiquiri flavor. “Drinking culture is changing, and Millennials and GenZ are driving that change. They want something effortless without sacrificing taste, …

When an investment opportunity sounds too good to be true, it’s probably a scam. Unfortunately, it can be difficult to identify legitimate opportunities versus bogus ones as scams become more and more sophisticated each day. This is a challenge the Securities and Exchange Commission (SEC) and BDO Foundation are trying to address through a partnership project. The two organizations recently …

Chinese technology leader Alibaba reported a 7% year-on-year increase in revenue for the first quarter of 2025, propelled by surging demand for artificial intelligence (AI)-driven services and strong performance in its cloud computing segment. In its latest earnings disclosure, Alibaba posted a revenue of 236.5 billion yuan (USD32.6 billion) for the quarter. A key contributor to this growth was its …