Business

Without a doubt, the hotel industry is at the forefront of commercial trades with a high level of service and an eye for detail. Faced with the daily pressures to conduct seamless events and thoughtful experiences, Cleofe Albiso, the Managing Director of the Philippines’ largest hospitality management chain says, “Megaworld Hotels and Resorts continues to invest on its people and …

Metro Pacific Investments Corporation’s (MPIC) mWell gains its spot as among the best players in the digital world as it bags the highly- coveted 2023 Global Mobile Awards (GLOMO) Best Mobile Innovation for Digital Life Award, Digital Everything Category, in the Mobile World Congress, Barcelona Spain. This prestigious accolade, judged by the mobile industry’s most prominent experts, affirms mWell’s position …

Leading Philippine fiber internet provider Converge ICT Solutions Inc. (PSE: CNVRG) has inaugurated the site for its cable landing station (CLS) in Davao for the Philippine branch of the Bifrost Cable System, which will deliver much-needed internet capacity, redundancy, and reliability between the Asia-Pacific region and North America.  “Today, we are breaking ground on a significant infrastructure that will bring …

State-run Land Bank of the Philippines (LANDBANK) continues to pour significant financial support to the agriculture sector, with outstanding loans reaching P261.7 billion as of 31 December 2022 for a 5.5% year-on-year growth from P247.9 billion in 2021. LANDBANK’s outstanding loans to the agriculture sector likewise sustained its upward trajectory with an average growth rate of 10.4% from 2012 to …

Every fourth business executive in Southeast Asia (SEA) prefers not to flag lack of understanding when discussing cybersecurity issues. A recent Kaspersky study also reveals one in ten C-level managers have never heard of threats such as Botnet, APT and Zero-Day exploit. The same proportion appeared to be unfamiliar with cyber security concepts like DecSecOps, ZeroTrust, SOC and Pentesting. According …

Ayala Foundation and Mitsubishi Corporation recently renewed their commitment to support the youth sector through a memorandum of understanding for the Maging Magiting Youth Leadership Program (MMYLP). The yearlong partnership aims to prepare students to be leaders of the future and help the youth develop a stronger love of country through active citizenship. The donation from Mitsubishi will enable 250 youth leaders to engage …

Fortifying its position as the undisputed and leading digital challenger bank, Rizal Commercial Banking Corporation (RCBC) through its financial inclusion super application DiskarTech is the first digital bank to accept QCitizen ID as one of its acceptable primary IDs in opening a basic deposit account.  To further entice the residents of Quezon City, the award-winning app gives all new users …

Global port operator International Container Terminal Services Inc. (ICTSI) has outlined a significant proposal for the expansion of the Victoria International Container Terminal (VICT), its 100 percent owned subsidiary in the Port of Melbourne, Australia.  The proposal would dramatically increase efficiencies and pave the way for larger ships to berth at Australia’s pre-eminent port.  ICTSI could invest over AUD500 million …

Manila Water’s social flagship program Tubig Para sa Barangay (TPSB) continues to provide service improvements to 1.8 million Filipinos in urban poor communities in the East Zone of Metro Manila. The program, which aims to provide sustainable water to low-income households, racked up a total of 899 projects since its launch in 1998. In 2022 alone, TPSB completed 29 projects …

On 10 February 2023, a Signing Ceremony of Business Agreements was held as part of the 5-day Official Visit of President Ferdinand Marcos, Jr. to Japan. The ceremony was witnessed by President Marcos. Jr. which covered the signing of 35 business agreements, including a Memorandum of Cooperation (MOC) between the Philippines and Japan, awarding of Certificate of Gratitude to the …