Business

LG Electronics Philippines received a prestigious recognition at the 60th Anvil Awards for its campaign, “LG OLED TV Illuminates Artistic Legacy at the National Museum of Fine Arts.” The campaign won a Silver Anvil in the Public Relations Tools (Special Events) category, celebrating its innovative approach to blending technology and culture. In May 2024, LG collaborated with the National Museum …

SM Foundation, the social good arm of the SM Group, has opened its college scholarship program, with applications running from February 1 to March 31, 2025.  The initiative aims to provide comprehensive educational support to qualified senior high school graduates nationwide. The scholarship package includes full tuition coverage, monthly stipends, and paid internship opportunities within the SM Group during semester …

The  Bangko Sentral ng Pilipinas (BSP) announces the Discount Window Facility (DWF) applicable interest rates effective Feb. 10. The new rates  are as follows: A. Peso Loan Maturity/ Rate (%)1 – 90 days — 6.922591 – 180 days — 7.0950 B. United States (US) dollar Loan Maturity/ Rate (%)1 – 90 days — 6.8028091 – 180 days — 6.80280181 – …

Retired Justice Stephen Caperiña Cruz  was re-elected as Chairman of the Board of Directors of the Philippine Postal Corporation (PHLPost). Justice Cruz officially took his oath beforePostmaster General and CEO Luis D. Carlos  and the Board of Directors last Feb. 4. The oath-taking ceremony was also attended by the Board of Directors, including Ricardo R. Blancaflor, Noel V. Dacasin,and Ernesto …

Estate Water, an operating unit of Manila Water Non-East Zone subsidiary Manila Water Philippine Ventures (MWPV), recently celebrated its ninth anniversary in the water service industry by commemorating their major feats in the past year. Established in 2016, Estate Water is a recognized water and wastewater service provider with expertise on sustainable construction, development, improvement, management and operation of water …

The Department of Trade and Industry (DTI)  and the Department of Public Works and Highways (DPWH) have renewed their commitment to the Roads Leveraging Linkages for Industry and Trade (ROLL IT) Program in Iloilo. This collaboration focuses on  completing ongoing projects from 2018 to 2024, supported by a P130 million funding allocation for nine road infrastructure projects in the region. …

The Manila International Container Terminal (MICT), International Container Terminal Services Inc.’s (ICTSI) flagship operation and the Philippines’ largest and most advanced container terminal, continues to invest in expanding capacity and improving terminal efficiency through infrastructure enhancements, equipment upgrades, and digital transformation. These investments support growing trade volumes as well as advance customer service. To meet rising demand, MICT is constructing …

LandBank and Yovel East Research and Development, Inc. (Yovel East) have  partnered to further intensify support for Filipino farmers through accessible and increased financing and greater private-sector collaboration. The partnership is set to expand the reach and impact of the LandBank AGRISENSO Plus Lending Program– designed to provide holistic and strategic support for key players in the agricultural value chain– …

Victoria International Container Terminal (VICT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Melbourne, has purchased four new hybrid automatic container carriers (ACCs) from Kalmar to expand capacity and reduce emissions. The new carriers, scheduled for delivery in 2025, will each feature a twin-box lifting capacity of up to 60 tons and Kalmar’s latest hybrid technology with …

BDO Unibank Inc. (BDO)has allocated  its first ASEAN Sustainability Bond (ASB)  of P52.7 billion for green and social projects. In its report,  the BDO said allocated the bond proceeds to projects that address environmental and social challenges, following eligible categories under its comprehensive Sustainable Finance Framework.  “BDO’s 2nd ASEAN Sustainability Bond Impact Report underscores our dedication to financing projects that …