Business

Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla underscored the need to smoothen movements in the foreign exchange (FX) rate during the “The Asset 17th Philippine Summit” held recently in Taguig City. “You got to come in and reduce the volatility,” explained Governor Medalla, who highlighted that BSP’s participation in the market centers on promoting FX rate stability and the country’s …

Immediately after severe Tropical Storm “Paeng” lashed many parts of the country, the Philippine Amusement and Gaming Corporation (PAGCOR) reached out to several local government units (LGUs) that were gravely affected by heavy rains and floods. A total of 6,350 families from the province of Bulacan and San Pedro, Laguna were among the initial recipients of PAGCOR’s relief aid, which …

SM Megamall starts to spread sparks of happiness with an out-of-this-world Christmas event SM Supermalls brings back the excitement in every visit, joy in every sight, and a magical connection in every experience that will make every Filipino’s Christmas happier and brighter. Ode to outer space: An out-of-this-world celebration starts at SM Megamall SM officially ushered the holiday season with …

SM City Sorsogon, the Bicol Region’s newest destination mall opens on Friday, October 28.  It is SM Prime’s 81st supermall, and the fourth in Bicolandia after SM City Naga in Camarines Sur, SM City Legazpi in Albay and SM City Daet in Camarines Norte. SM City Sorsogon brings SM’s shopping, leisure, and entertainment excitement to this beautiful and bustling province. …

Pioneer SM City tenants share Tatang’s advice that helped make them grow. It may be hard to imagine now, but leading brands such as Ideal Vision, Great Image, Toby’s Sports, Papemelroti and Sportshouse were just starting out when they grabbed at the opportunity to be among the first tenants of SM City North Edsa, which opened in August 1985. Back …

To celebrate some of the milestones it has reached so far this year, Ayala Foundation, the social development arm of the Ayala group of companies, gathered a select number of partners and supporters for a themed thanksgiving lunch.  Ayala Foundation President Ruel T. Maranan thanks the guests and highlights the collaborative spirit of the organization in his message. The intimate …

Launched in 1998, the program ‘Tubig Para Sa Barangay’ (TPSB) or Water for the Community continues to remain as Manila Water’s flagship program which is designed to provide access to safe and reliable water supply to urban poor communities in eastern Metro Manila and Rizal Province. To date, Manila Water has completed more than 750 TPSB projects benefiting close to …

One Meralco Foundation (OMF) has teamed up with more organizations to further its sustainable reforestation program aimed at contributing to environment preservation and improvement of the lives of more Philippine communities. The social development arm of Meralco signed a Memorandum of Agreement with Butuan City Water District (BCWD), Fostering Education and Environmental Development (FEED), and Participatory Research Organization of Communities …

In various meetings held in Washington, D.C., USA, Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla (in photo, center) said that the BSP is focused on bringing inflation back to a target-consistent path, in line with its core mandate of price stability. The meetings were held at the sidelines of the International Monetary Fund (IMF) and World Bank Group …

Prepaid cardholders of the Land Bank of the Philippines (LANDBANK) can now transact for free from ATMs in selected 7-Eleven convenience stores.   In addition to holders of LANDBANK Regular ATM Cards and Debit Cards, customers can also use their LANDBANK Prepaid Cards to perform cash withdrawal and balance inquiry free-of-charge in 1,980 7-Eleven ATMs in Metro Manila, CALABARZON, Pampanga, Bataan …