Companies

Manila Water continues to extend its water network to 5,542.17 kilometers as part of its unrelenting efforts to reach and enhance its water services for more than 7.7 million customers in the East Zone of Metro Manila and Rizal. The company built over 96 kilometers of pipeline between November 2023 and November 2024. This expansion will support Manila Water’s network …

Philippine liquor company Tanduay Distillers, Inc. is set to expand its global presence in 2025 following significant achievements in 2024.  After successfully entering the Czech Republic and South Korea last year, the company now plans to introduce its products to France, Italy, Spain, Denmark, the Nordic Region, and Latin America. Tanduay’s international reach already spans various markets, including Armenia, Australia, …

The Small Business Corporation (SBCorp), the financing arm of the Department of Trade and Industry (DTI), reported that its revenues in 2024 exceeded P1 billion, its first time to breach the billion-peso mark. SBCorp reported Friday that last year’s revenues more than doubled from the pre-pandemic level of P359 million. Operating income also grew to P431.1 million in 2024 from …

A Taiwanese business delegation visited the Philippine Economic Zone Authority (PEZA) to discuss potential investments in ecozone development, PEZA reported on Friday. The delegation, organized by Taiwan’s Ministry of Economic Affairs and led by International Trade Administration Director General Cynthia Kiang, visited the PEZA office on January 16 to explore collaborative opportunities. “A key focus of the mission was to …

United Arab Emirates state-owned company Masdar has committed to investing USD 15 billion in the Philippines’ renewable energy sector.  This was formalized through an Implementation Agreement signed with the Department of Energy (DOE). The signing took place on January 15 in Abu Dhabi, with DOE Undersecretary Rowena Guevara and Masdar CEO Mohamed Jameel Al Ramahi as signatories.  DOE Secretary Raphael …

Low-cost carrier Cebu Pacific (CEB) reported recently a strong growth in the Clark hub, flying over 1 million passengers via the Clark International Airport (CRK) last year. This is up 36 percent from close to 300,000 passengers in 2023. The Gokongwei-led airline’s average monthly seat grew by 102 percent to 161,000 in December 2024 from 79,000 in January. The average …

The Bureau of Internal Revenue (BIR) attained a milestone achievement by surpassing the P2.848 trillion Emerging Goal target set by the Development Budget Coordination Committee (DBCC) last March 2024. Although the numbers are still being finalized, the BIR confirmed that they have definitely reached the Php 2.848 trillion mark for 2024. “The exact figures will be finalized by around mid-February, …

BingoPlus, the country’s most comprehensive digital entertainment platform, celebrated yet another milestone. A lucky player won a massive jackpot prize of 312 million pesos. To commemorate this big win, a special awarding ceremony took place on January 10, 2025 at a hotel in Manila. Doubling the previous jackpot prize, the avid BingoPlus player broke the record for winning the biggest …

METRO MANILA – BingoPlus, your comprehensive digital entertainment platform in the country, hosted another exciting movie experience with the 50th Metro Manila Film Festival entry, The Kingdom, starring BingoPlus male endorser Piolo Pascual, on January 9, 2025. The Kingdom is set in an alternate reality where the Philippines was never colonized, referred to as the “Kingdom of Kalayaan.” Piolo Pascual …

Leading home improvement retailer MR.DIY Philippines marks a major milestone with the opening of its 700th store in Bagontaas, Valencia City, Bukidnon. Dubbed as the “City of Golden Harvest,” and Bukidnon’s economic hub, Valencia blends agricultural richness with growing commercial activity, serving as a lifeline for surrounding communities. This new store highlights MR.DIY’s commitment to bridging urban and rural gaps, …