Business

DITO Telecommunity, the emerging force in the local telco landscape, has again surpassed industry giants by clinching the Rated #1 Mobile Network spot in the Philippines  at the Ookla® Speedtest Awards 2023.  Ookla, the global leader in network intelligence and connectivity insights for almost two decades and pioneer of the world-renowned Speedtest® and Downdetector® platforms, announced that DITO achieved a …

Join us in celebrating excellence and achievement at the Sovereign Seal of Business Triumph & Remarkable Achievers on June 28, 2024, at the prestigious Dusit Thani Hotel Manila. This event, along with the 2nd Philippine Finest Business Awards and Outstanding Achievers on September 8, 2024, at The Hexagon Events Place in Quezon City, and the 2nd Southeast Asian Premier Business …

The Japan Credit Rating Agency, Ltd. (JCR) has kept the Philippines’ investment-grade credit rating of “A-” with a stable outlook. The Japan-based debt watcher highlighted the country’s high and sustained economic growth supported by solid domestic demand, resilience to external shocks with its low-level external debt and accumulated foreign exchange reserves, and its solid fiscal base as credit strengths. JCR …

The college scholarship application season can be a whirlwind of excitement and pressure. Staying organized and focused can feel overwhelming with numerous applications, deadlines, and requirements.  However, take a step back to make this once-in-a-blue-moon opportunity count. Navigate this important phase with confidence by following these handy tips from the SM Foundation: 1. Find the scholarship for you Explore scholarships …

Victoria International Container Terminal (VICT), International Container Terminal Services, Inc. (ICTSI)’s operations at the Port of Melbourne in Australia and the only fully-automated container terminal in the Southern hemisphere, recently completed Phase 3A of its expansion project.  Enrique K. Razon Jr., ICTSI Chairman and President said: “This additional investment redefines the Port of Melbourne’s landscape, setting new standards for operational …

Manila Harbor Center (MHC) has unveiled a new name, logo and website as part of a strategic rebranding initiative in 2024. MHC, the largest and busiest international bulk and breakbulk operations in the Philippines, has rebranded to Manila Multipurpose Terminal.  The rebranding is inspired by the company’s steady growth and to underscore synergies with its owner and parent company, International Container Terminal Services, …

Bloomberry Resorts Corporation (“Bloomberry”, “the Company”), whose subsidiaries own and operate Solaire Resort Entertainment City (Solaire) and Jeju Sun Hotel & Casino (Jeju Sun), reported audited consolidated financial results for the year ended December 31, 2023.  Mr. Enrique K. Razon Jr., Bloomberry Chairman and CEO, said, “I am pleased to report our financial and operating results for 2023, which reflect …

In terms of economics, the use of solar energy is the cheapest and most practical, entailing a minimum savings of 33% of home energy expenses. This was revealed by Tito Maglaqui, one of the exponents of solar energy use during a regular media forum of the Capampangan in Media, Inc. (CAMI) being held every Friday at Clark Media Center (Bale …

Mark your calendars! The Philippines’ largest and most awaited event in building and design is back for its 27th edition. Get ready to propel greater heights and ascend boundaries as WORLDBEX 2024 takes place from March 14-17 at the World Trade Center Metro Manila and SMX Convention Center Manila. From local to international innovators, WORLDBEX delivers unparalleled leverage of advanced …

Transactions on foreign investments registered with the BSP, through AABs, in January 2024 recorded net outflows of US$76 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$1.2 billion for the month.  The recorded net outflows are lower than the net outflows posted in December 2023 (US$205 million). The US$1.2 billion registered investments for the month …