Business

The Philippine Amusement and Gaming Corporation (PAGCOR) bagged two out of four major awards in the recently-concluded 2022 Privacy Awareness Week organized by the National Privacy Commission (NPC). (From left, standing) Data Protection Officer Atty. Maria Concepcion Gloria Rubio, Information Technology Department (ITD) Assistant VP Hector Melencio, ITD Senior Manager Ross Sherwin De Claro and Monitoring and Enforcement Group Vice …

The pandemic gave the word “staycation” a different meaning because we were all locked down in our own homes. With restrictions easing up, however, we can once again experience a staycation like it was before–a quick vacation without needing to leave the Metro. And with Discovery’s “Happy Summer” campaign, our dream luxury staycations are, quite literally, within reach.  Discovery Suites …

Despite the decrease in COVID-19 cases in the country, the unemployment rate continues to inch up to 6.6 percent and still lags behind pre-pandemic jobs figures. More than three million Filipinos are unemployed as of December 2021 according to the Philippine Statistics Authority. And though this is significantly lower than the previous years, community builders like SM Development Corporation (SMDC) …

SM Prime, through the leadership of Disaster Resilience Champion Mr. Hans Sy, has officially launched their EV Charging Stations at SM Aura, SM Mall of Asia, SM Megamall, and SM North EDSA.As part of the SM Green Movement initiative, the SM Group continues its commitment to helping make the planet greener through projects such as this. SM’s E-vehicle Charging Stations …

Asiamoney recognizes Metropolitan Bank & Trust Co. (Metrobank) as the 2022 Best Domestic Private Bank in the Philippines. According to Asiamoney, performance indicators noted for consideration include relative performance versus competitors, successes in achieving market share, coping with difficult or changing market conditions, among others. The Bank’s Private Wealth team was established in 2016. Since then, the business has rapidly …

The Asset, a financial publishing and research institution, has awarded Metropolitan Bank & Trust Co. (Metrobank) the Best Multi-product Financing Deal and the Best Syndicated Loan Deal at its recent Triple-A Awards. Metrobank was given the Best Multi-product Financing Deal in the Philippines as an Arranger for Cebu Air, Inc.’s USD 840 million capital raising and liabilities re-profiling. The deal …

The act of giving kindness in any way possible to those who are in need, especially those in vulnerable and grassroot communities, has always been imprinted in the whole system of the SM group. Staying true to its commitment of spreading social good, SM Foundation and The SM Store worked together to distribute shoes and sanitizers for children across the …

Filipino consumers who access piracy sites for movies during the pandemic lockdown grew from 61% from only 49%, according to a study by the Intellectual Property Office of the Philippines (IPOPHL).  IPOPHL Director General Rowel S. Barba cited data from a recent YouGov survey commissioned by the Coalition Against Piracy to emphasize the significance of its partnership with the Motion …

The Philippine travel and tourism sectors is projected to grow at an annual average rate of 6.7% over the next 10 years, outpacing the expected gross domestic product (GDP) growth rate of 5.6%, according to the World Travel and Tourism Council (WTTC).  WTTC president and chief executive Julia Simpson said at the WTTC Annual Global Summit in Manila that employment …

Losing subscribers for the first time in more than a decade, Netflix must confront the challenge of stagnation from a position of strength.  A drop of just 200,000 users — less than 0.1 percent of its total customer base — was enough to send Wall Street panicking, with shares plunging more than 30%.  The loss of subscribers and the company’s …