Companies

Manila Water enhances Olandes STP

Manila Water has successfully completed significant operational enhancements at the Olandes Sewage Treatment Plant (STP) in Marikina City, repurposing its unutilized capacity for Biological Nutrient Removal (BNR) treatment. This initiative underscores the company’s ongoing commitment to environmental sustainability and compliance with updated effluent standards. The P129.31-million BNR operational adjustment project, completed in November 2024, focused on optimizing the Olandes STP …

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GSIS, PGEA hold Speakers’ Bureau for member education

The Government Service Insurance System (GSIS) and the Philippine Government Employees Association (PGEA) officially rolled out the GSIS-PGEA Speakers’ Bureau last may 7 and 8 to “educate members of their GSIS benefits and serve as a platform to address their concerns.” The maiden capacity-building activity themed “Totoo Tayo: PGEA x GSIS, Laban sa Fake News” was designed to equip PGEA’s …

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Lots to Love at Landers: A Celebration of All the Perks, Products, and Moments That Make It Special

New campaign highlights the real reasons Filipino families keep coming back to Landers If there’s anything one should know about Landers, it’s that it has never settled at being just another superstore. Just ask any of its loyal members and they’ll tell you – Landers is always about giving more. Whether it’s the unbeatable savings, the world-class selections of products, …

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Maya launches ‘Paleng-Kita’ credit program

Digital bank Maya has unveiled Paleng-Kita, a new lending initiative aimed at providing market vendors and public transport drivers with easier access to credit through digital transactions. Announced Friday, the program allows micro-entrepreneurs to tap into collateral-free credit by consistently using QR Ph and the Maya app for their daily payment needs. By linking cashless transactions with loan eligibility, Paleng-Kita …

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NDC, TRB finalize Pandacan land deal for Skyway 3 project

The National Development Company (NDC) has officially concluded a long-standing land transaction with the Toll Regulatory Board (TRB), receiving the final tranche of payment for a 1.3-hectare portion of its Pandacan property that was utilized for the Metro Manila Skyway Stage 3 (MMSS3) project. In a statement released last week, NDC said the second and final payment was completed on …

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Strong Q1 growth signals Phl economy’s resilience – DTI

The Department of Trade and Industry (DTI) last week highlighted the Philippine economy’s “robust resilience” in the first quarter of 2025, attributing the positive performance to strong consumer activity and vibrant contributions from key industries. Trade Secretary Ma. Cristina Roque issued the statement following the release of gross domestic product (GDP) data showing a 5.4 percent growth for the January …

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PCC clears Canopy-Mets cold storage deal

The Philippine Competition Commission (PCC) has given the green light to a joint venture between Singapore-based Canopy Investments Pte. Ltd. and several Philippine firms involved in cold storage, logistics, and real estate, determining that the partnership does not pose risks to market competition. The deal involves Canopy partnering with local companies Mets Logistics Inc., Mets En Co Inc., Einstee Realty …

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BIR tightens clamp on illicit vape trade

The government is ramping up its offensive against the illicit vape trade, with the Bureau of Internal Revenue (BIR) affirming its resolve to file criminal charges against unregistered businesses and individuals involved in the non-compliant distribution and sale of vape products. BIR Commissioner Romeo Lumagui Jr. underscored the agency’s unrelenting stance during a recent television interview, as detailed in a …

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E-games behind Phl gaming industry’s P104.12-B Q1 haul

The Philippine gaming sector continued its upward trajectory in the first quarter of 2025, with gross gaming revenues (GGR) climbing over 27 percent year-on-year, the Philippine Amusement and Gaming Corporation (PAGCOR) reported last week. PAGCOR said GGR for the January-to-March period reached P104.12 billion, marking a 27.44 percent increase from the same period last year. “The e-games and e-bingo segment …

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SMFB sustains growth in Q1 2025 with 16 percent increase in net income

San Miguel Food and Beverage, Inc. (SMFB) began 2025 with strong momentum, posting robust first quarter results driven by sustained demand, improved efficiencies, and disciplined cost management. For the period ending March 31, 2025, consolidated revenues rose 4 percent  year-on-year to 98.9 billion. Gross profit grew 11 percent to 28.6 billion, while income from operations rose 16 percent to 15.2 …

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