Business

SM Development Corporation (SMDC) ‘steps into luxury’ with a memorable celebration of the 65th anniversary of SM with its ‘Good Guy’, Korean Superstar Lee Minho on October 15, 2023, at the SMX Convention Center in Pasay City. This event marked Lee Minho’s triumphant return to the Philippines since 2016. Thousands of guests, including the Sy family, SMDC investors, partners, affiliates, …

The Figaro Coffee Group, one of the Philippines’ leading and beloved food and beverage conglomerates, hosted a remarkable press conference at the Edsa Shangri-La Mandaluyong. This exclusive event, titled “2023 Business Performance and Beyond,” was graced by the top management of the Figaro Coffee Group, including Mr. Justin Liu, Chairman; Ms. Divine Cabuloy, CEO/President; Mr. Mike Barret, COO/EVP; and Mr. …

Towards advancing efficient, transparent, and swift government procurement, the Presidential Communications Office (PCO) has partnered with the Land Bank of the Philippines (LANDBANK) for the use of the Government Purchase Card (GPC) to pay for official goods and services.  The GPC is similar to a credit card in function, designed to shorten and simplify the requisition process for government agencies …

The Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry (DTI) formally sealed their partnership for the conduct of the country’s first Cashless Expo. BSP Deputy Governor (DG) Mamerto E. Tangonan (in photo, left) signed the Memorandum of Agreement (MOA) on the Cashless Expo with DTI Assistant Secretary Mary Jean T. Pacheco (right) during a ceremony held …

The Philippines’ leading fiber internet service provider, Converge ICT Solutions Inc., has announced another streaming collaboration to amp up sports coverage in the country with Shakey’s Super League.  The Shakey’s Super League (SSL) Pre-Season Championship set its second season on September 16 at the Filoil EcoOil Centre in San Juan City, with 16 of the best women’s volleyball teams from …

The Bangko Sentral ng Pilipinas (BSP) and the Cooperative Development Authority (CDA) signed on 18 October 2023 a Memorandum of Agreement (MOA) on the collaborative oversight and supervision of cooperatives that are electronic-money issuers and operators of payment systems, including those that deploy ATMs. BSP Governor Eli M. Remolona, Jr. and CDA Chairman Joseph B. Encabo inked the MOA at …

Leading fiber broadband provider Converge ICT Solutions Inc. announced their alliance with the Philippine Collegiate Championship (PCC), which is organized by  the Central Collegiate for Esports (CCE) to elevate esports gaming lifestyles through education for the next generation of gamers. Converge is actively expanding its presence in the educational segment, aligning perfectly with the CCE in their mission to support …

Manila Water continues to experience an upswing in service expansion as it racks up a total of 1,163,014 connections as of July 2023 since 1997. As of July 2023, the water company had successfully installed 16,728 new water connections. Of the total new connections, 16,175 are new domestic service connections, which is already 81% of the 2023 target. In the …

In a groundbreaking move set to redefine the future of fintech in the Philippines, Fintech Alliance PH, the nation’s first and largest digital industry organization of startups and unicorns, is proud to announce the staging of the Philippines’ first and largest country pavilion called the “Bagong Pilipinas: The Philippine Country Pavilion” at the Singapore FinTech Festival during the Industry Collaboration …

East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) business unit in East Java, Indonesia, hosted a groundbreaking ceremony last October 12 to showcase the development of a new state-of-the-art gateway for the Lamongan, Tuban and central Java hinterlands. The development consists of a 300-meter quay line, breakwater, super heavy lift breakbulk deck, and dredging of the navigational …