Business

SM Foundation Inc. (SMFI) has consistently invested in critical areas such as health and education to support the country in attaining inclusive growth. A recent testament to this commitment is the transformation of the medical and dental clinic at the Quezon City Schools Division Office (QC-SDO) of the Department of Education (DepEd). The refurbished clinic, nestled behind the Annex Building …

SM Foundation Inc. (SMFI) has consistently invested in critical areas such as health and education to support the country in attaining inclusive growth. A recent testament to this commitment is the transformation of the medical and dental clinic at the Quezon City Schools Division Office (QC-SDO) of the Department of Education (DepEd). The refurbished clinic, nestled behind the Annex Building …

The Bangko Sentral ng Pilipinas (BSP), in its continued commitment to transparency and good governance, releases information on the issuance of Monetary Board opinions (MBOs) on the proposed domestic borrowings of local government units (LGUs). This information includes the amounts and intended purpose of the proposed loans of LGUs. In the first semester (S1) of 2023, the BSP received a …

Still on the high of its fourth year in the Philippines, express delivery service giant J&T Express unveils the extended period for its latest promos that can be availed by consumers in time for the upcoming 11.11 double-day sale and the holiday season. Ensuring a more exciting shopping experience, the UnliSaya promo is offered to all J&T Express users–most especially …

The post-pandemic environment demands flexibility and adaptability from everyone but most especially entrepreneurs who are slowly recovering from the pandemic slump. One online Facebook seller is employing her business acumen not just in the virtual marketplace but in real life, as she does “hybrid selling” of her consumer goods.  Rogelia Dasco, a Cebu-based homemaker who buys and sells imported goods …

SM Investments Corporation (SM Investments) reported a consolidated net income of PHP55.9 billion in the January to September period, higher by 30% from PHP42.9 billion in the same period last year. Consolidated revenues rose 15% to PHP440.4 billion from PHP382.0 billion in the same period last year. “Our ongoing healthy growth reflects buoyant consumer activity in malls and sustained spending …

Enrique K. Razon, ICTSI Chairman and President said: “I am pleased to announce sustained progress across the Group delivering growth in revenues of seven percent to US$1.76 billion and EBITDA of US$1.11 billion, seven percent higher than the previous year.  These excellent results were delivered against some very strong prior year comparatives.”   “Looking ahead, whilst we continue to expect a …

The Land Bank the Philippines (LANDBANK) was ranked by Forbes as the 6th best employer in the Philippines for 2023—the only government institution to achieve this distinction. The state-run Bank also placed 304th overall globally in the latest Forbes’ World’s Best Employer list, based on a survey of over 170,000 employees from multinational companies and institutions in over 50 countries.  …

The Felicidad T. Sy Foundation (FTSFI), an affiliate of SM Foundation dedicated to promoting Catholic living and supporting various initiatives within the community, has recently rekindled its Sacristy Upkeep & Floral Art in the Service of the Liturgy.   The project aims to enhance the knowledge of religious heads and facilitate the proper care of religious vessels while creating appropriate floral …

Contecon Manzanillo S.A. (CMSA), International Container Terminal Services, Inc.’s (ICTSI) business unit operating the Specialized Container Terminal 2 in the Port of Manzanillo, hit a new milestone with its handling of 14,400 TEUs during the recent call of the CMA CGM vessel APL Vanda. The achievement not only underscores the growing importance of the port, but also confirms Contecon Manzanillo’s ability to …