Business

Subic Bay International Terminals (SBITC), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Subic Bay, has added a new service that offers a direct link between the Philippines and China. Operated by Macrocean International Shipping, the CX1 service makes weekly calls to SBITC and Manila International Container Terminal to provide manufacturers and traders in Northern and Central …

Amid the devastating impact of El Niño on local harvests, Land Bank of the Philippines (LANDBANK) remains aggressive in extending financial support to rice farmers as total loans released through the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF) reached P2.5 billion as of 30 April 2024.  In partnership with Department of Agriculture (DA), LANDBANK has been …

When one envisions Hawaii, pristine beaches, majestic mountains, and a laid-back island lifestyle typically come to mind. However, amidst the lively mix of people and cultures in its historic Chinatown, a hidden gem lies, adding a new dimension to the island’s allure – the hip tiki bar known as Skull & Crown.

 Rum enthusiast Joseph Chiong, also the National Sales …

The BSP is sharing the following information to clarify and respond to recent news  reports on six employees on the staff of certain Monetary Board members. We  hope this clarifies, within the bounds of confidentiality and fairness due to ongoing  proceedings, the steps the BSP has taken since first receiving reports on the issue,  to ensure that any erring employee …

Recent international student assessments have highlighted areas where Filipino students can strengthen their skills and knowledge in reading comprehension, mathematics, and science.  The results from these assessments provide insights for social good initiatives to develop targeted support programs to empower students to gain subject knowledge and cultivate critical thinking skills essential for tackling real-world challenges. Recognizing the importance of providing …

Staying true to its mission of expanding the reach of financial education initiatives nationwide, BDO Foundation, together with the People Management Association of the Philippines (PMAP) and Empower and Transform Philippines, hosted a four-part webinar series tackling fundamental finance knowledge for human resource professionals. The webinar series aim to provide a focused understanding of financial markets, investing principles, and ethical …

Land Bank of the Philippines (LANDBANK) will soon use cards with quick response (QR) code functionality to facilitate more convenient and secure cash aid disbursement to beneficiaries of the National Government’s social amelioration programs. The LANDBANK cards with QR code will provide beneficiaries an alternative method to immediately receive and access their funds, ensuring timely assistance from government agencies especially …

It was a Saturday to remember for Alex–one of MR.DIY’s employee volunteers–who for the longest time, has been looking for an opportunity to teach young people.  For him, there is a sense of fulfillment seeing students understand and learn from their activities as they form genuine connections with their “teachers for a day.” Meanwhile, employee-volunteer Claire felt like it’s a …

Surf2Sawa (S2S), the prepaid fiber internet brand of Converge ICT Solutions, has served as a gateway for many Filipinos to benefit from broadband connectivity. For an affordable price, it has allowed people to embrace a lifestyle where their day-to-day activities are powered by technology.  But apart from the value it brings to users, this prepaid broadband solution has, likewise, significantly …