Business

Global events point to a rough 2022 Globally and nationally we might well be living in the most uncertain period of the century. After two years of working from home, a workforce returning to on-site employment is now faced with soaring fuel prices. Meanwhile, while the worst of the COVID-19 pandemic, the worst global crisis of the 21st century, is …

Manila Water Company reported that its social flagship program, Tubig Para sa Barangay (TPSB), has now reached nearly two million people from marginalized communities across the east zone of Metro Manila. Aiming to provide sustainable water to the urban poor, TPSB completed more than 800 projects which resulted in supplying clean, potable water to 1.8 million Filipinos living in some of the poorest …

On May 4, 2022, PAGCOR received a letter from the Herrera Teehankee & Cabrera Law Offices informing PAGCOR of the Status Quo Ante Order (SQAO) issued by the Supreme Court in the case of Kazuo Okada vs. Tiger Resort, Leisure, & Entertainment, Inc. (TRLEI) et al., G.R. No. 256470. A copy of the SQAO was provided with the letter, which …

One of the flagship programs of SM Foundation, the Corporate Social Responsibility arm of the SM group, is its scholarship program. Aside from the college education offerings, the program also provides venues for students who would like to pursue a career in the skilled labor industry. The gradual reopening of economy not just in the country, but around the world, …

Assistant Governor (AG) Amenah F. Pangandaman, who also serves as Chief of Staff to the Governor, Executive Offices Coordinator, and Concurrent Head of the Strategic Communication and Advocacy, has accepted the invitation of President-elect Ferdinand Marcos, Jr. to serve as the incoming Secretary of the Department of Budget and Management (DBM). “It is my honor to serve the Filipino people during this critical …

As in-person classes resume, the need to ensure the health and safety of learners and teachers is more crucial now than ever. Through its collaboration project #SafeWASH in Schools, Manila Water Foundation and P&G’s Safeguard Philippines aim to strengthen efforts to promote a safe and conducive learning environment. This entails the construction of 10-faucet, foot-pedal-operated hygiene facilities, distribution of hygiene supplies, provision …

T’BOLI, South Cotabato – The unexpected closure of its anchor firm and primary pineapple produce buyer pushed the Laconon 100 Multi-Purpose Cooperative (LMPC) to the brink of financial collapse in 2003. The cooperative struggled to recover and improve its operations in the years thereafter, forcing several members to pull their capital share out of the organization.  In 2017, LMPC was …

Pakistan International Container Terminal (PICT), International Container Terminal Services, Inc.’s (ICTSI) business unit operating in the Port of Karachi, achieved a landmark by facilitating the first export shipment from Uzbekistan.  The operational milestone highlights the strategic partnership between the two countries, with the recently evolving trade relations further strengthening regional business connectivity and providing a sustainable impetus for global trade.  Pakistan International Container Terminal, …

The Land Bank of the Philippines (LANDBANK) is tapping branches of UCPB Savings Bank (USB) nationwide to serve as Agent Banking Partners in remote and underserved areas, as part of its mandate to advance greater financial inclusion in the country. A total of 57 USB branches are set to be onboarded as LANDBANK Agent Banking Partners by June 2022, of …

Manila Water, an industry pioneer in sustainability practices, has released the first series of its medium-term sustainability goals that outlines its progress and plans on embedding Environment, Social and Governance (ESG) into their business strategies. The ESG goals highlight Manila Water’s belief that long-term viability is dependent on management of environmental impacts and commitment to improve social outcomes in the …