Business

The Philippine Amusement and Gaming Corporation (PAGCOR)’s Alternative Dispute Resolution Program has received recognition from the Department of Justice (DOJ) for achieving a high mediation success rate. The recognition makes PAGCOR and the Intellectual Property Office of the Philippines as the only government-owned and controlled corporations (GOCCs) to have earned such accreditation from the DOJ. During the recognition ceremony held …

South Pacific International Container Terminal (SPICT) and Motukea International Terminal (MIT), International Container Terminal Services, Inc.’s (ICTSI) operations in the ports of Lae and Motukea, respectively, established a record as they welcomed the largest boxship to ever dock in Papua New Guinea and the Pacific Islands region. The 2,754-TEU gearless ship KOTA GABUNG made its inaugural call in Lae on 12 November and in Motukea, adjacent to …

Asia FinTech Alliance (AFA) was officially launched at the Singapore FinTech Festival (SFF) 2023 on 16 November. A Memorandum of Understanding (MOU)  was inked by 10 AFA association members, including the Singapore Fintech Association, Elevandi Japan, Korea Fintech Industry Association, Fintech Alliance.Ph, Taiwan FinTech Association, Asosiasi Fintech Indonesia, Thai Fintech Association, Fintech Association of Malaysia, Fintech Association of Hong Kong, …

The 23rd edition of the World Bazaar Festival is set to be the most exciting and diverse shopping experience this holiday season! Shoppers, fashionistas, and retail enthusiasts alike, get ready to step into a vibrant universe of shopping possibilities with over 500 retail booths, ranging from fashion and beauty to home decor and gourmet cuisine. The highly anticipated World Bazaar …

SM Foundation marks graduation of Urban Gardeners The once niche practice of urban gardening is now gaining ground in various cities across the country through SM Foundation’s Kabalikat sa Kabuhayan (KSK) on Sustainable Agriculture Program. Through the program, SM Foundation has successfully trained 27 farmers in SM City Urdaneta Central and 19 others in SM City San Lazaro on Urban …

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 …