Business

Maya, Landers partner for credit card rollout

Digital bank Maya has announced a collaboration with Landers Superstore to introduce a state-of-the-art co-branded credit card, designed to enhance the shopping experience for consumers. In a statement released recently, Maya introduced the Landers Cashback Everywhere Credit Card, which offers cardholders the opportunity to earn cashback rewards of up to 5% on purchases at Landers, 2% on dining, and 1% …

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Security Bank Foundation equips educators with innovative teaching strategies

Security Bank Foundation, Inc. (SBFI) regularly enhances its educational programs by providing innovative training sessions to teachers from its beneficiary schools across the country. This equips educators with new teaching methods to boost students’ proficiency in subjects like English and Science. During its Mentoring Future Leaders for Nation-Building program, elementary English teachers from Visayas and Mindanao were trained on the …

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DBM chief says unprogrammed funds may be utilized for relief ops

Unprogrammed funds may be accessed if the allocated disaster funds for relief efforts following Severe Tropical Storm Kristine (international name Trami) prove inadequate, according to Department of Budget and Management (DBM) Secretary Amenah Pangandaman on Friday. During a situation briefing with President Ferdinand R. Marcos Jr. at Malacañang Palace in Manila, Pangandaman stated, “If additional funding is necessary, we can …

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BSP and German banknotes printer sign MOU on payments and currency management

The Bangko Sentral ng Pilipinas (BSP) and German government banknotes printer Bundesdruckerei GmbH signed a Memorandum of Understanding (MOU) on payments and currency management on 10 October 2024 at the BSP head office in Manila. According to Governor Remolona, BSP recognizes “the need for banknotes for a long time to come” even as the central bank works hard to “shift …

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Victoria International Container Terminal welcomes enhanced Wallaby Service

Victoria International Container Terminal (VICT), a fully automated container terminal and International Container Terminal Services, Inc.’s business unit in the Port of Melbourne, Australia, received the inaugural call of the enhanced Wallaby service last September.  Operated by Mediterranean Shipping Company (MSC), the Wallaby service offers a faster and more direct connection between Australia, New Zealand, and North Asia to provide customers with improved …

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PAGCOR’s massive relief drive for Kristine-hit areas underway

The Philippine Amusement and Gaming Corporation (PAGCOR’s) massive relief drive for areas affected by Tropical Storm Kristine has begun in earnest, sending out an initial 5,000 relief packs on Thursday from a total of 53,000 packs it has prepared. The relief packs will be dispatched to hard-hit communities in the Bicol Region, Northern Luzon and CALABARZON, said PAGCOR Chairman and …

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Manila Water’s 3rd septage treatment plant to benefit over 140,000 in Rizal Province

Manila Water’s third septage treatment plant (SpTP), the P141.5-million Pinugay Septage Treatment Plant (SpTP), is set to rise in Barangay San Jose, Antipolo City, with the goal of protecting the environment and safeguarding public health. Expected to be completed by September 2025, the Pinugay SpTP will have a 50-cubic-meter capacity and is projected to provide sanitation treatment services to 143,612 …

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Lazarus APT exploited zero-day vulnerability in Chrome to steal cryptocurrency

Kaspersky’s Global Research and Analysis Team (GReAT) uncovered a sophisticated malicious campaign by the Lazarus Advanced Persistent Threat (APT) group, targeting cryptocurrency investors worldwide. The attackers used a fake cryptogame website that exploited a zero-day vulnerability in Google Chrome to install spyware and steal wallet credentials. These findings were presented at the Security Analyst Summit 2024 in Bali. In May …

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BingoPlus, BingoPlus Foundation, tops Masskara entertainment to support communities in Negros Region

BingoPlus, the country’s comprehensive digital entertainment platform, brought another wave of fun and support to the communities as it successfully delivered the “BingoPlus Day Masskara Music Festival 2024” on Sunday, October 22. The BingoPlus Day Masskara Music Festival 2024 is a special day dedicated to bringing quality entertainment, exciting prizes, and an opportunity to extend help to communities in need. …

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LG RELEASES THIRD-QUARTER 2024 FINANCIAL RESULTS

Company Achieves Highest Third-Quarter Revenue and Sustains Year-Over-Year Growth for Four Consecutive Quarters LG Electronics Inc. (LG) today announced its third-quarter 2024 consolidated revenue of KRW 22.18 trillion and an operating profit of KRW 751.9 billion. This revenue marks the highest ever for a third quarter, while the operating profit ranks as the fourth highest in the company’s history. Several …

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