Business

SM Xiamen Phase III wins “2022 Best Architectural Design Award”

Commercial complexes newly-opened or completed before Y2023 in Chinese Mainland, Hong Kong, Macao and Taiwan are eligible to submit nominations to 2022 Best Architectural Design Award and will be judged from the dimensions of overall planning, architectural design, landscape design, interior design. SM Xiamen Phase III was recognized as one of the five winners through the fierce competition of given …

Read More »

Accountancy profession marks 100th year in Philippines

The Board of Accountancy, in collaboration with the Philippine Institute of Certified Public Accountants and other sectoral organizations, celebrated the centenary of the accountancy profession in the country on March 17, 2023. The event, which carried the theme: “Celebrating the Past, Transforming the Present, Shaping the Future” was the culmination of the year-long celebration, which was launched on March 17, …

Read More »

Leveraging Artificial Intelligence to Manage the
Effects of Global Supply Chain Disruptions

As the Philippines continue to experience high inflation, recording 8.6% in February 2023, Filipinos are expected to adjust their budgets and prioritize essential goods and services. While this poses an opportunity for grocery retailers to increase sales, the ongoing global supply chain disruptions have also made it difficult to keep inventory high and prices low.  According to the World Economic …

Read More »

SM Foundation’s medical missions in Batangas

Lemery, Batangas – Two medical and dental missions were conducted by SM Foundation in Batangas boosting the number of beneficiaries to the SM groups’ CSR program for health and wellness.  At the SM Center Lemery 396 patients from nearby barangays availed of 607 medical and dental services.  Of this number, 325 sought medical consultations from volunteer doctors. The patients were …

Read More »

Aboitiz Group sets P78 billion CAPEX for RE innovation, portfolio diversification

For 2023, the Aboitiz Group is powering its Great Transformation to become the Philippines’ first Techglomerate with an allocated capital expenditure (CAPEX) of almost Php 78 billion, together with its partners. This is a 10% increase from the Php 70 billion utilized in 2022. The Aboitiz Group is focused on investing in renewable energy and new businesses for its portfolio …

Read More »

SMC surpasses pre-pandemic revenues with P1.5 trillion haul in 2022

San Miguel Corporation (SMC) ended 2022 with strong consolidated revenues of ₱1.5 trillion, up 60% from ₱941 billion in 2021 surpassing its 2019 pre-pandemic result of P1.0 trillion.  Consolidated income from operations rose 10% to ₱134.5 billion, driven by the sustained performance of key businesses such as Petron, San Miguel Food and Beverage, San Miguel Packaging, and SMC Infrastructure, as …

Read More »

BDO champions renewable energy financing

BDO Unibank Inc. (BDO) reaffirms its commitment to sustainable development as it continues to support the growth and expansion of clients’ renewable energy projects which the Bank considers as a priority sector in financing.  BDO financed the first renewable energy biomass power plant of Isabela Biomass Energy Corporation (IBEC), a Filipino-owned corporation which uses rice mill waste to generate and …

Read More »

SM Supermalls, SM Cares to join Earth Hour 2023

SM Supermalls, together with its corporate social responsibility arm SM Cares, is joining the rest of the world in observing Earth Hour this coming March 25 as the company renews its commitment to environmental stewardship. This year’s Earth Hour is all about “creating the Biggest Hour for Earth,” and those who want to participate in the global activity are encouraged …

Read More »

ASHLEY PARK BRINGS SONG AND DANCE TO SKECHERS

Skechers takes center stage with acclaimed Broadway and television star Ashley Park in a stylish musical campaign for the brand’s popular Skechers Uno fashion sneakers. Currently seen in the hit Netflix series Emily in Paris, the Grammy, Critics Choice, and Tony-award nominated performer is backed by an ensemble as she executes a flawless original song and dance about Skechers and …

Read More »

RCBC redefines “Priority” thru Hexagon Club

Rizal Commercial Banking Corporation (RCBC) has ushered in an exciting and new era of customer experience that goes beyond the traditional definitions of Priority. The RCBC Hexagon Club Priority is the newest exclusive program designed to further enrich banking experience with more distinct perks and privileges that ensure clients get the best potential for their wealth.  Optimized priority benefits include …

Read More »