Suzuki Philippines ushers in a new era of automotive innovation with the official launch of the Suzuki XL7 GLX AT Hybrid on March 18th. This momentous occasion heralds a breakthrough in hybrid technology, accompanied by an array of exciting features and highlights that redefine the driving experience for Filipino motorists. In celebration of this groundbreaking launch, Suzuki Philippines is thrilled …
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Global Comfort Group Corporation (GCGC), the renowned hotel management company overseeing leading brands such as Hotel Sogo, Eurotel, Apo View Hotel, Hotel DreamWorld, and Astrotel, forged a groundbreaking partnership with Hotelogix, a cloud-based property management system. The tie-up aims to transform hotel operations and sustainability initiatives. At a recently held press conference in Eurotel Vivaldi, these two companies showcased their …
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State-run Land Bank of the Philippines (LANDBANK) recently inaugurated agri-hubs in Oriental Mindoro and Misamis Occidental, in its continued bid to boost the rice production and economic activities in these provinces. LANDBANK has been establishing agri-hubs in the country’s top rice-producing provinces to bring various financial services under one roof. These include banking services such as account opening, withdrawals, and …
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Personal remittances from Overseas Filipinos (OFs) registered US$3.15 billion in January 2024, higher by 2.7 percent than the US$3.07 billion recorded in the same month last year. The increase in personal remittances in January 2024 was driven by increased remittances from land-based workers with work contracts of one year or more and 2) sea- and land-based workers with work contracts …
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Security Bank Corporation (PSE:SECB) has teamed up with Helios, the country’s pioneering climate fintech firm behind the innovative solar mortgage program, to revolutionize the way Filipinos access clean and sustainable energy. This strategic partnership, cemented by the signing of a Memorandum of Agreement (MOA) on February 29, 2024, marks a significant milestone in the journey towards a greener and more …
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In a monumental gathering, the giants of the banking world have come together in an intimate dinner setting recently to fortify their connections and collaborate on a mission of paramount importance: financial inclusion. This unprecedented event showcases the commitment of the banking leaders to bridge gaps and pave the way for a more inclusive financial landscape. Through shared insights, strategic …
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The investment climate in the Philippines is encouraging particularly in the energy sector, according to United States Secretary of Commerce Gina Raimondo. High-level meetings took place between top US business leaders and Philippine business groups during the first US Presidential Trade and Investment Mission (PTIM) held last March 11-12. Sec. Raimondo lauded the country’s efforts in ramping up renewable energy …
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Bringing together over 120 industry stakeholders, including bangus (milkfish) producers and cooperatives, cold chain operators, logistics providers, and prospective investors, a resounding commitment has been made to explore the potential of cold chain to support the further expansion of the Philippine Milkfish Industry. Championing the bangus industry in Pangasinan, the participants gathered at the Cold Chain Investment Forum on 28 …
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Prime Energy Resources Development B.V. said the exploration of new wells on Service Contract (SC) 38 remains on track. On Friday, Prime Energy announced that it awarded a USD69.9-million (PHP3.88-billion) contract to Noble for the use of its deepwater drillship “Noble Viking” for the Malampaya Phase 4 Project. The Noble Viking drillship will be involved in drilling deepwater wells in …
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The Manila Pen Show (MPS), the premier destination for enthusiasts of fine writing instruments, ink, and paper in the Philippines, is thrilled to announce its upcoming event on March 16-17, 2024, at the Holiday Inn and Suites Makati, 5F. The show opens its doors from 8:00 am to 6:00 pm on both days, promising a weekend filled with discovery, learning, …
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The Market Monitor Minding the Nation's Business