Business

As part of its continuing assistance to 45 families in Sitio Polton, Insular Life (InLife) Cebu Office has conducted outreach activities in partnership with the Insular Foundation and the Missionaries of Africa. InLife employees conducted a values formation session for children, and turned over school supplies to 43 student-beneficiaries from the Foundation’s adopted families. Further, InLife financial advisor Vanessa Abelgas …

Pilipinas Shell Corporation President and CEO Lorelie Quiambao-Osial at the recent Philippine Digicon 2022, where she was recognized as one of the country’s top women leaders who have made impactful contributions within their industries through their daring leadership. Pilipinas Shell Corporation President and CEO Lorelie Quiambao-Osial shared the key strategies that helped the company navigate the pandemic at the recent …

Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Mexico, recently commenced its third phase expansion project, which will increase its capacity from 1.4 million to more than two million TEUs within the next five years. CMSA Chief Executive Officer José Antonio Contreras led the project inauguration together with Colima Governor Indira Vizcaíno Silva, Commander Rubén Alfonso Suárez of the 10th Naval Region, Admiral José Rafael …

To help uplift the health and wellness of communities before the year ends, Watsons and SM Foundation recently collaborated on a medical mission in Calamba, Laguna. Partnering for the Alagang Pangkalusugan medical mission, Watsons and SM Foundation assisted over 400 patients. Beneficiaries received free doctors’ consultations, medicines, blood pressure monitoring, ECG, blood glucose monitoring, uric, hemoglobin, and cholesterol tests, skin …

Air Intellipure, Inc is donating over 100 units of Intellipure air purifiers to the University of the Philippines (UP) under its Healthy Places and Workspaces initiative.  UP President Danilo L Concepcion (second, right) and Air Intellipure Chairman, Nick Gitsis (second from left), recently signed the Memorandum of Agreement  together with UP Vice President Elena E Pernia (far right) and Air …

In a ceremony held in Gdynia, on 19 December 2022, a new 30-year lease was signed into life by International Container Terminal Services Inc. (ICTSI) and the Port Authority of Gdynia SA for the Baltic Container Terminal (BCT).  The new lease will run until 2053. The new lease, for which ICTSI was declared preferred bidder, effectively extends the tenure of …

Coins.ph announced that the Bangko Sentral ng Pilipinas (BSP) has granted it an Advanced Electronic Payment and Financial Services (EPFS) license covering the operation of the Coins Pro exchange. The said license is a key enabler for Coins Pro. Coins Pro users can buy and sell digital currencies at larger volumes and for lower fees. Users can place market, limit, …

This Christmas, mark your calendars and book your stays now as Belmont Hotel Mactan welcome guests on its soft opening starting December 16, 2022!   Leading the 1.9 billion worth property with 550 rooms is General Manager, Johnson Del Valle. With two decades of local and international hospitality experience under his belt, he shares that “Choosing Belmont Hotel Mactan means enjoying …

Now in its seventh year, the Kasambahay Kasambuhay Pilipinas Awards, a joint endeavor of the Junior Chamber International Senate Philippines, Inc. (JCI) and Palawan Pawnshop Group, has named 10 household workers as this year’s Top 10 Kasambahays. Each winner will get Php100,000. The Top 10 winners are Regimar Cabrera, Rolly Rosero, Edwin Mugdan, Susana Berlas, Milagros Diorec, Myrna Domingo, Daisy …

At its meeting on monetary policy today, the Monetary Board decided to raise the interest rate on the BSP’s overnight reverse repurchase facility by 50 basis points to 5.5 percent, effective 16 December 2022. Accordingly, the interest rates on the overnight deposit and lending facilities will be set to 5.0 percent and 6.0 percent, respectively. The BSP’s latest baseline forecasts …