Business

A new consumer behavior has appeared during the lockdown – increase in demand for beer delivery in cities without liquor bans, according to data from AB Heineken, through its partner e-Commerce platform Drinkies.ph.

The Philippine peso has ranked first among four Asian currencies that maintained their value against the US dollar in the midst of the COVID-19 pandemic.

Preliminary figures released by the Philippine Statistics Authority (PSA) showed that the country’s total trade contracted 38.7% and the trade deficit shrank 48.9% in May 2020

Senator Sherwin Gatchalian wants the soonest passage of legislation that will create a business loan program to generate jobs to be able to “curb unemployment.”

The government’s economic managers are planning to institute reforms in the e-commerce industry after the current boom in digital transactions

Bloomberry Cultural Foundation, Inc. (BCFI), the corporate social responsibility arm of Bloomberry Resort & Hotel, Inc. (BRHI), operator of Solaire Resort & Casino, recently donated a digital portable X-Ray machine and two sets of Leica digital microscope worth Php4.3 million to the Philippine National Police (PNP) Crime Laboratory.  PNP Chief, Police General Archie Francisco F. Gamboa, expressed his appreciation and …

Ayala Land Inc. (ALI) listed its P10-billion, 2-year fixed-rate bonds due 2022 with a coupon rate of 3.00% per annum on the Philippine Dealing and Exchange Corporation (PDEx), through its first virtually held listing ceremony on June 26.  The bond was strongly received and was 1.75x oversubscribed, enabling Ayala Land to increase the issue size from P6 billion to a …

The Port of Melbourne (PoM) welcomes the CMA CGM Ural, the largest container ship by maximum capacity to call at the port. The 299 metre long vessel is one of six currently deployed on the South-East Asia – Australia trade route called the ‘AAX1’. It commenced its 42-day round-trip in Malaysia, calling at Singapore. It then made its way around …

As the new school year approaches, Academia System Global Colleges of Talisay City, Cebu has partnered with the first Filipino phone brand in the Philippines, MyPhone, to provide free cellular phones for Grade 10 completers.

International Container Terminal Services, Inc. (“ICTSI” or the “Issuer”), successfully priced a US$400 million offering of 10-year senior unsecured notes (the “Notes”). The offering will mark ICTSI’s return to the senior unsecured notes market, having last completed a fixed-for-life perpetual capital securities transaction in January 2018.