Business

By Gia Catimbang Small and medium entrepreneurs recently converged to take part in the annual Franchise and Business Expo which supports the Association of Southeast Asian Nation’s (Asean) seven-point strategy targeting the advancement of micro, small and medium enterprises (MSME) to fit in the core of their economic agenda.

Gardenia Bakeries Philippines plans to set up a P1-billion bread manufacturing plant in Misamis Oriental province as it gears for an expected upsurge in the Mindanao economy.

By Riza Lozada Collections of the state’s main revenue agencies have started to pick up with “promising growth figures” of 8.8 percent in the first half from a year ago, Finance Secretary Carlos Dominguez III said.

The government’s budget posted a P28.8-billion surplus last August as revenue collections outstrip expenditures for the month.

Philippine Savings Bank (PSBank), the thrift bank arm of the Metrobank Group, was the only local bank recognized at the recently held Customer Experience Asia Excellence Awards for its exceptional customer experience strategy.

Regulator Insurance Commission (IC) has asked four local health maintenance organizations (HMOs) to stop offering products that have unauthorized investment options.

The United Coconut Planters Bank (UCPB) recently hailed a recent Supreme Court (SC) decision to lift the Temporary Restraining Order (TRO) on two Executive Orders (EOs) issued by former President Benigno Aquino in 2015 targeted for the utilization of the Coco Levy Fund.

By Riza Lozada All Toys “R” Us stores in the Philippines are operating “business as usual” and continue to offer a wide assortment of toys and merchandise for kids.

Renewable energy firm Solar Philippines became the first Filipino company to win Power Company of the Year at the Asian Power Awards, the region’s most prestigious awards known as “the Oscars of the power industry”.

Businessman Manuel V. Pangilinan-led Metro Pacific Investments Corp (MPIC) will likely be granted the original proponent status for the takeover and rehabilitation of the Metro Rail Transit (MRT) Line 3, Transportation Secretary Arthur Tugade said.