Thursday , 23 July 2026

Companies

LandBank shines with dual honors at PDS Awards 2025

Highlighting its growing contribution to advancing the Philippine capital market, LandBank was honored as one of the top-performing institutions at the 2025 Philippine Dealing System (PDS) Annual Awards Night. The state-run bank clinched third place in the Top 5 Corporate Issue Managers/Arrangers–Bank Category, in recognition of its vital role in facilitating the issuance of corporate fixed-income securities in 2024.  The …

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Filipino scientists develop low-cost liquid lenses

Filipino scientists have discovered a simple, affordable way to make dynamically adjustable water-based lenses that have a wide variety of potential future applications — from classrooms and research labs to cameras and even wearable gadgets.  By coating an ordinary glass slide with specially-prepared polyvinyl chloride (PVC) plastic, the researchers were able to create a hydrophobic surface that could hold a …

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Global food brands forge solid trade partnerships with PH companies at Japan trade fair

The FOOD Philippines showcase at FOODEX Japan 2025  last  March 11-14  resulted in solid deals with major global market players, and rounded out the first quarter series of overseas trade fairs for food by the Center for International Trade Expositions and Missions (CITEM), the lead promotion arm for the Philippine export industry. Participating exhibitors were able to secure deals with …

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Phl, Morocco celebrate 50 years of diplomatic relations with commemorative stamps

THE Philippines and Morocco celebrate  50 years of diplomatic relations with a joint commemorative stamps issuance featuring the Philippines’ Mactan-Cebu and Morocco’ Marrakech-Menara Airport. According to Postmaster General Luis D. Carlos, “This stamp is more than just a symbol — it is a bridge that connects both countries’ innovation and connectivity in the aviation sector”. The PHLPost stamp features the …

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MRSGI records P609.4M in earnings for 2024

Metro Retail Stores Group, Inc. (MRSGI) achieved P39.62 billion in net sales for 2024, a 3.5 percent  increase compared to P38.27 billion in 2023, reflecting positive contributions from the company’s ongoing expansion efforts and a solid 4.9% upswing in the food retail business. The same-store sales grew modestly by 0.5% compared to 2023, primarily influenced by scaling down low-margin wholesale …

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DTI hailed for pushing digital innovation of MSMEs

President Ferdinand R. Marcos Jr. last week commended the Department of Trade and Industry (DTI) for spearheading initiatives that drive digital innovation and promote inclusive economic growth, particularly through its Bagong Pilipinas Marketplace. Designed as a business-to-business (B2B) e-commerce platform, the Bagong Pilipinas Marketplace puts a spotlight on “Proudly Filipino” products and services. It aims to support advancements in product …

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Marcos economic czar to negotiate US tariff on Philippine goods

Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Frederick Go will travel to the United States to negotiate the 17-percent tariff imposed by the Trump administration on certain Philippine goods entering the American market. Speaking to Palace reporters, Go shared that the Philippine government had received a “positive response” from the US Trade Representative (USTR) regarding its …

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Bureau of Internal Revenue intensifies drive vs. tax evaders in vape, cigarette industries

The Bureau of Internal Revenue (BIR) is ramping up enforcement operations targeting both emerging and long-standing sources of tax evasion, particularly within the vape and tobacco industries. In a news release on Thursday, BIR Commissioner Romeo Lumagui Jr. emphasized that this initiative is part of the Marcos administration’s comprehensive effort to tackle illicit trade, prevent revenue loss, and address public …

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BOC seizes P28.7-M worth of misdeclared sugar from Vietnam

The Bureau of Customs (BOC) on Thursday spearheaded the inspection of 14 seized 20-foot container vans loaded with misdeclared refined sugar from Vietnam, with an estimated market value of P28.72 million. Customs Commissioner Bienvenido Rubio led the inspection of the intercepted agricultural shipment, which was flagged for violating customs regulations and other applicable laws, according to a BOC press release. …

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PAGCOR donates P90M for new dialysis center in Pampanga

GUAGUA, Pampanga –  The Philippine   Amusement  and Gaming  Corporation   (PAGCOR)  joined the Provincial Government of Pampanga last Friday,   April 11, for the inauguration  of the   new   Pampanga   Provincial  Dialysis Center in a major boost for accessible healthcare in the province. PAGCOR  donated  over P90-million   for the project to procure 40 dialysis   machines …

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