Business

Enrique K. Razon, Jr., ICTSI Chairman and President said: “ICTSI delivered a strong performance in 2022 with revenues up 20 percent to US$2.24 billion and EBITDA of US$1.41 billion, an increase of 24 percent against the previous year driven by tight operational controls and volume growth of nine percent to 12,216,190 twenty-foot equivalent units (TEU).   “In a year marked by …

As part of the company’s steadfast commitment to protecting enterprises against constantly evolving security threats, Globe Business and its managed ICT services partner, Yondu, have officially launched a dedicated state-of-the-art Security Operations Center (SOC) last February 23 at Taguig City. The advanced technology and secure operations of this local SOC provides fortified cyber intelligence, enhancing the management and maintenance of …

Bloomberry Resorts Corporation, whose subsidiaries own and operate Solaire Resort and Casino (Solaire) and Jeju Sun Hotel and Casino (Jeju Sun), reported audited consolidated financial results for the year ended December 31, 2022. Enrique K. Razon Jr., Bloomberry Chairman and CEO, said, “2022 was a positive year of recovery for Bloomberry as Solaire benefited from a strong rebound in local …

Digital kidnappers are after enterprises in Southeast Asia (SEA). Global cybersecurity company Kaspersky predicts the trend will continue this year and beyond, albeit in more sophisticated and targeted ways. Ransomware is a type of malware that locks one’s computer and mobile devices or encrypts one’s electronic files. To get the “decryption” key or to get your data back, a ransom …

UNIQLO Philippines and SM Foundation recently collaborated to send additional aid to communities hit by Severe Tropical Storm Paeng. About 43 high-risk barangays in Zamboanga Del Sur, Rizal, Laguna, Cavite, Batangas, Pampanga, Bulacan, Isabela, and Cagayan received Emergency GoKit+, with the distribution led by SM employee-volunteers. An SM employee-volunteer from SM City Marilao prepares the Emergency GoKit+ for distribution. The …

Cebu Pacific passengers are in for a special treat as the Philippines’ leading airline launches its “March Pinabongga” month-long seat sale in celebration of its 27th anniversary. From 10 a.m. on March 1 until March 31, CEB travelers can book their flights and fly right away across the airline’s widest domestic network for as low as P199 one-way base fare, …

The Bangko Sentral ng Pilipinas (BSP) forecasts February 2023 inflation rate at range of 8.5 to 9.3 percent, citing the upside risks from higher prices of cooking gas. In a statement on Tuesday, the central bank said elevated prices of key food items, such as pork, fish, egg and sugar, are also expected the additional drivers of the rate of …

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA), in partnership with MyEG PHILIPPINES, INC. (MyEG PH), officially launches today the Online Travel Tax Services System (OTTSS), providing traveling citizens with more than 90,000 options to pay for their travel tax nationwide.  This comes after TIEZA’s Chief Operating Officer, Mark Lapid signed the Memorandum of Agreement (MOA) with MyEG PH Chief Executive Officer, Ann …

Globe’s Hapag Movement has raised over P13.5 million worth of donations to combat involuntary hunger in the country since its launch in 2022, as the digital solutions platform urged customers anew to support the advocacy as millions of Filipino families still struggle to afford proper meals.  Contributions to the cause accelerated during Globe’s on-ground events including the annual 917 GDay …

They say charity begins at “home.”  MR.D.I.Y., the nation’s favorite family and home improvement one-stop shop retailer, affirmed its commitment to serve and spread goodwill to its communities this year with the inclusion of two major partners under its umbrella corporate social responsibility (CSR) program, the MR.D.I.Y. A-OK (Acts of Kindness) campaign during a media luncheon at Myons Cuisine, Quezon …