Business

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 …

Operadora Portuaria Centroamericana (OPC), International Container Terminal Services, Inc.’s Honduran subsidiary operating in Puerto Cortés, has obtained the Great Place to Work® certification in Honduras. Great Place to Work® is the global authority on workplace culture. Since 1992, the firm has surveyed more than 100 million employees worldwide and has used their deep insight to define what makes a great …

SM Investments Corporation (SM Investments) was recognized for the fourth time, in the Forbes’ World’s Best Employers 2023 list in partnership with market research firm Statista.  “Looking after the overall wellness of our employees is imperative as they are the lifeblood of our organization.  Anchored on our founder’s values, we continue to nurture a positive company culture, providing purposeful work …

Whenever tropical cyclones or days of incessant rains batter the low-lying communities here, many locals are forced to move to safer grounds, leaving their submerged homes behind. Thus, as part of its efforts to mitigate the loss of lives in disaster-prone areas, the Philippine Amusement and Gaming Corporation (PAGCOR) on Saturday, November 10, formally inaugurated its first multi-purpose evacuation facility …

Rio Brasil Terminal (RBT), International Container Terminal Services, Inc.’s (ICTSI) business unit operating at the Port of Rio de Janeiro in Brazil, recently welcomed the inaugural call of the Sirius/Neo Bossa service jointly operated by CMA CGM and Maersk.  The start of the weekly service in RBT was marked by the arrival of the 9,000-TEU Maersk Lota followed by the 10,000-TEU CMA CGM …

Preliminary data showed that domestic liquidity (M3) grew by 7.9 percent year-on-year to about ₱16.6 trillion in September  from 6.8 percent in August. On a month-on-month seasonally-adjusted basis, M3 increased by about 1.0 percent. Domestic claims expanded by 9.5 percent year-on-year in September from 9.3 percent (revised) in the previous month. Claims on the private sector grew by 6.3 percent …

The Insular Foundation, the corporate social responsibility arm of Insular Life (InLife), recently celebrated its 54th anniversary by treating its scholars to an immersion of Philippine arts and culture at the Ayala Museum. It also spearheaded an art workshop and history lecture in partnership with the Ayala Foundation. “On Insular Foundation’s 54th anniversary, we want to bring our beneficiaries, partners, …

For the month of November, SM Development Corporation (SMDC) once again shows its unwavering commitment to delivering outstanding customer experiences to home seekers. The back-to-back DOT Property Philippines Awards Best Developer will host another SMDC Date Night, an intimate event with entertainment, great food, and fantastic deals for current and prospective buyers and investors. The exclusive event will be held …