Companies

East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Indonesia, successfully welcomed its first container ship since commencing operations at the new deep-water terminal in mid-October. The XinYi Glass made its inaugural call to Indonesia  last Saturday, December 14, selecting EJMT for its container discharge operations.  The cargo is destined for XinYi Glass’s new factory in …

Barcelona, spain – Showcasing the best of what the Philippines has to offer as an ideal Meetings, Incentives, Conferences, and Exhibitions (M.I.C.E.) destination, the Tourism Promotions Board (TPB) Philippines participated in IBTM World 2024 from November 19 to 21 at Fira Barcelona Gran Via, which yielded 203M sales leads. IBTM World is one of the leading global M.I.C.E. events held …

The Philippine Postal Corporation (PHLPost) has reduced its fuel price consumption and the price of gasoline at nearly half of the cost it pays in previous years relying heavily on fuel for its fleet of mail delivery vehicles and motorcycles nationwide.  Postmaster General Luis D. Carlos said the move to reduce fuel prices will impact sustainability in the continuous delivery …

The Philippine manufacturing sector closed 2024 on a strong note, fueled by robust growth in output and new orders, according to a report by S&P Global on Thursday. The country’s manufacturing Purchasing Managers’ Index (PMI) climbed to 54.3 in December, up from 53.8 in November, matching the highest level since November 2017, alongside the PMI recorded in April 2022. “The …

Department of Finance (DOF) Secretary Ralph Recto proposed last week a substantial increase in the benefit packages offered by the Philippine Health Insurance Corporation (PhilHealth) for the country’s 10 most common illnesses. Recto suggested that enhancing these benefit packages would ensure the efficient use of PhilHealth’s resources. He shared this recommendation during a press conference at Malacañang Palace following the …

The Department of Finance (DOF) reported recently that non-tax revenues reached PHP555.30 billion end of November 2024, a 45.6-percent increase compared to the same period in 2023. This made DOF hit an all-time high non-tax revenue collections in 2024, providing additional resources to fund key programs of the Marcos administration, especially in improving the lives of Filipinos. Projections for the …

The Bases Conversion and Development Authority (BCDA) has issued a directive to local government units (LGUs), government agencies, and businesses to cease utilizing the Kalangitan sanitary landfill in Capas, Tarlac, following the expiration of the service contract for the property. In a statement recently, the BCDA emphasized that the Contract for Services between Metro Clark Waste Management Corp. (MCWMC) and …

ArenaPlus, the country’s 24/7 digital sports entertainment gateway, gifted Filipino fans with a special experience on December 23, 2024. Lucky fans got to video call with Reaves and even more got to chat and ask their favorite basketball star questions on life in the league, his experience in the Philippines, and his partnership with ArenaPlus. Reaves gave out lots of …

BingoPlus, the country’s premiere digital entertainment platform in the country, awarded one lucky player a brand-new car on November 22, 2024. The fortunate winner obtained the luxurious car during the BingoPlus Day campaign. A 5-month BingoPlus player finally had his moment of success, but still could not believe the moment he won the car. In a state of disbelief, the …

SM Foundation continued its medical and dental missions across the country during the last quarter of the year to help ensure the well-being of beneficiaries in communities where SM businesses operate. From October to December, these medical and dental missions were conducted across the country in collaboration with local government units and partner organizations. Like prior SM Foundation medical and …