Business

CANDABA, Pampanga – LANDBANK, in collaboration with Department of Agriculture (DA), Department of Agrarian Reform (DAR), and other government and private partners, is strengthening its support for the agriculture sector through the launch of the AGRISENSO Plus Lending Program on 22 November 2024 at the Candaba Action Center in Brgy. Mandasig.  The AGRISENSO Plus Program, an enhanced version of LANDANK’s …

Figaro Coffee Group, Inc. (FCG), the holding company behind popular food and beverage brands including Figaro Coffee, Angel’s Pizza and Tien Ma’s Taiwanese Cuisine, announced an impressive 27% growth in consolidated revenues, reaching ₱5.45 billion for the fiscal year ending June 30, 2024 compared to P4.28 billion for the same period last year. This was largely propelled by a record …

Angel’s Pizza has once again secured the coveted Platinum Award for National Icons: Pizza at the Golden Grab Awards 2024, held at The Fifth at Rockwell, R5 Level, Powerplant Mall, Makati City. This recognition marks Angel’s Pizza’s second consecutive win, reaffirming its place as the Philippines’ favorite pizza destination. Angel’s Pizza’s signature Creamy Spinach Dip Double Deals Plus was celebrated …

In a groundbreaking move that underscores its commitment to Diversity, Equity, and Inclusion (DEI), MR.DIY Philippines proudly introduces the Store Internship for Neurodiverse Learners, an initiative designed to provide meaningful retail work experience to individuals on the autism spectrum. This program aligns with MR.DIY’s dedication to fostering an inclusive workplace that values empowerment and equitable opportunities. Through this initiative, neurodiverse …

The Philippine Amusement and Gaming Corporation (PAGCOR) was invited in a briefing held by the Bataan Peace and Order Council on November 13, 2024 regarding the police operations conducted in Central One Bataan. During the said briefing, PAGCOR’s representative made a remark stating that Central One Bataan is under the jurisdiction of the Authority of the Freeport Area of Bataan …

Cash remittances sent by overseas Filipino workers (OFWs) rose on an annual basis by 3.3 percent to USD3.01 billion in September, the Bangko Sentral ng Pilipinas (BSP) reported Friday. Remittances coursed through banks in September 2023 amounted to USD2.91 billion. In the first three quarters of the year, cash remittance reached USD25.23 billion, up by 3 percent from year-ago’s USD24.49 …

The Philippine economy is poised to benefit from ongoing economic reforms and favorable trends, as inflation continues to ease and growth momentum strengthens. In September, the country’s inflation rate slowed to 1.9%, a significant drop from August’s 3.3%, marking the lowest level since May 2020’s 1.6%. This brought the average inflation rate for the first nine months of the year …

The Bangko Sentral ng Pilipinas (BSP) reported a significant increase in the preference for digital payments in the country, based on the 2021 Financial Inclusion Survey. Tricia Defante-Andres, Deputy Director of the BSP’s Payments Policy and Development Department, highlighted how digital payment platforms, such as e-wallets, have expanded access to financial services for Filipinos. “It’s very encouraging that, as of …

The Philippine Amusement and Gaming Corporation (PAGCOR) announced recently that the local gaming industry’s Gross Gaming Revenues (GGR) grew 37.52% in the third quarter to P94.61 billion from P68.79 billion GGR year-on-year. The industry’s third-quarter growth was driven mainly by the Electronic Gaming sector which increased more than five-fold, generating P35.71 billion in revenues from last year’s P6.32 billion. “The …

Fiber broadband provider Converge ICT Solutions, Inc. (Converge) announced a robust performance for the first nine months of 2024, with consolidated revenues rising by 14 percent to P29.9 billion and net income surging by 29 percent year-on-year to P8.2 billion. Converge CEO Dennis Anthony Uy attributed the growth to strong performance across its residential, enterprise, and wholesale segments. “Our initiatives …