Business

Philippines’ premier fiber company, Converge ICT Solutions Inc., has been honored with the prestigious Broadband Telecom Company of the Year (Philippines) 2023 award at the International Business Magazine (IBM) Awards held on November 4, 2023, at Atlantis The Palm, Dubai. The UAE-based business publication awarded Converge the Broadband Telecom Company of the Year award, recognizing the ICT company’s efforts in …

The much-anticipated World Bazaar Festival (WBF) 2023 is set to captivate avid shoppers and enthusiasts alike as it unveils the grand spectacle of retail therapy at its finest. With the theme Shop til you pop, the 23rd edition of World Bazaar Festival promises an unparalleled shopping experience that celebrates the diversity of global merchandise in the country.  The World Bazaar …

President Ferdinand Marcos Jr. and Department of Trade and Industry (DTI) Secretary Alfredo Pascual met with the Silicon Valley Technology companies and investors to discuss potential partnerships in harnessing artificial intelligence (AI) technology, particularly in upskilling Filipino workers. During the meeting on Nov. 15, Pascual chief highlighted programs and initiatives undertaken by the Philippine government to support the advancement of …

GCash and Maya are studying the impacts of waiving fees on micropayment on their balance sheet, a top official of the Bangko Sentral ng Pilipinas (BSP) said on Friday.  The BSP earlier called for the removal of fees on small-value transactions to further promote the use of digital payments. “This is a big change so let’s give them time to …

Support for a UN Convention on inclusive and effective tax cooperation resounded in an international conference on tax justice held in Luxent Hotel, Quezon City as the Convention is being deliberated at the UN.  Independent experts and CSO leaders from the Philippines, Indonesia, Zambia, Argentina, Canada and other parts of the world, said that profit shifting and illicit financial flows rampant …

SM Megamall has partnered with Peanuts Worldwide to bring Snoopy and friends to life through a unique and interactive exhibit. The exhibit will feature the first-ever biggest and largest inflatable in the Philippines. SM Megamall invites everyone to a year-long Mega Adventure with the beloved Peanuts gang starting November 17. Hit the road to fun and excitement by visiting the Snoopy …

The Glittering Gala Recognizing Outstanding Achievements Across outs Asia December 8, 2023 – The stage is set, the excitement is building, and the countdown has begun for the most anticipated recognition event of the year – the Southeast Asian Premier Business and Achiever Award 2023. Organized by the esteemed La Visual Corporation and Sirbisu Channel, this gala celebration is scheduled …

Last year, among the top 10 leading causes of death in the country included chronic lung disease, tuberculosis, pneumonia, CoViD-19 infection, and lung cancer. Out of the four million Filipinos who contracted CoViD-19, 280,000 continue to suffer from long CoViD syndrome. Despite the enactment of several laws to curb smoking in the country, many Filipinos are still suffering from smoking-related …

Department of Trade and Industry (DTI) Secretary Fred Pascual highlighted the advanced and stronger economic collaboration with the United States, citing the pivotal role of the US in the country’s stride for economic growth and development during the bilateral meeting with Secretary of Commerce Gina Raimondo held at Marriott Marquis Hotel. In particular, the DTI chief shared the country’s interest …

Personal remittances from Overseas Filipinos (OFs) in September 2023 reached US$3.23 billion, 2.6 percent higher than the US$3.15 billion recorded in the same month last year. The growth in personal remittances in September 2023 was driven by increased remittances from 1) land-based workers with work contracts of one year or more and 2) sea- and land-based workers with work contracts of less than …