Business

InfiniVAN Inc., a Japanese-affiliated telecommunications company, and Royal Cable Vision Corporation, a fiber home internet provider, entered into a strategic partnership that establishes a new benchmark in digital infrastructure. Under the Indefeasible Right of Use Agreement, Royal Cable Vision Corporation will tap InfiniVAN’s Microduct Tube within the facility, a configuration that creates a “triple threat” to the country’s long-standing internet issues, minimizing disruptions to infrastructure and provide on-the-go, continuous internet security. The agreement makes a trailblazing …

IN a historic first for the Armed Forces of the Philippines (AFP), the Philippine Charity Sweepstakes Office (PCSO) has officially turned over five cutting-edge, battery-operated, ultra-portable AI X-ray units to the Philippine Navy (PN). The ceremonial handover, led by PCSO General Manager Melquiades Robles and received by Vice Admiral Jose Ma. Ambrosio Ezpeleta, marks a massive leap in Navy’s maritime …

DR. Gay Jane P. Perez took her oath of office as Ad Interim Director General of the Philippine Space Agency (PhilSA), administered by Executive Secretary Ralph G. Recto at Malacañang Palace.  The Director General of PhilSA holds the rank of a Cabinet Secretary and serves as the Presidential Adviser on Space Matters. Dr. Perez will further advance the Philippines’ Yamang …

THE  Bangko Sentral ng Pilipinas (BSP) released the results of the inaugural monthly Business Expectations Survey (BES), marking the start of a more frequent assessment of business sentiment in the Philippines. The shift from a quarterly to a monthly survey will allow the BSP to monitor business confidence more closely and respond more effectively to rapidly changing domestic and external …

WHEN  it comes to what really moves spirits off the shelf and into a glass, taste and design matter.  The first showcases the product’s craftsmanship and character, whether it’s worth having over and over again or just once.  The latter, meanwhile, contributes to its visual storytelling, helping shape first impressions and inviting customers to discover what lies beyond its brand …

FOR  the second time, Mactan-Cebu International Airport (MCIA), the Philippines’ premier tourism transit and transfer hub, has been recognized as one of the world’s best, winning the 2025 ASQ Best Airport Award in Asia-Pacific for the 5-15 Million Passengers Category for outstanding customer experience. The Airport Service Quality (ASQ) program is the only global benchmarking initiative that measures passenger satisfaction …

Local businesses were upbeat in January, the first month of the year, it was disclosed by the Bangko Sentral ng Pilipinas (BSP). The BSP based its conclusion on the results of its recent business expectations survey (BES), which showed a positive confidence index (CI) of a little less than one percent. The Bangko Sentral intends to do its surveys on …

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) will host the Association of Southeast Asian Nations (ASEAN)-Chinese Business Leaders Summit in Metro Manila this October as part of efforts to attract foreign direct investments (FDIs) and promote the Philippines as a regional tourism and business hub during its 2026 ASEAN chairmanship. In a statement on Friday, …

To say that the Philippines has strong potential in harnessing renewable energy (RE) is an understatement. It is widely reported that the RE sector is comprised of geothermal resources (14.6%/1,932 MW), solar/wind energy (1.4%; solar at 1,382 MW; wind at 443 MW), hydropower (4.1%/1,161 MW), and biomass (12.6%/759 MW). The Department of Energy (DOE) has instituted policies that would encourage …

The Philippines is set to ink 25 official development assistance (ODA) agreements with foreign governments, Finance Secretary Frederick Go said Thursday. Speaking at the Social Security System office, Go said the deals include 10 loans from Japan, 10 pipeline loans from Korea, and five loans from France, totaling USD10.3 billion. Separate Department of Finance data show that 10 pipeline ODAs …