Business

The Board of Investments (BOI), the industry and investment promotion arm of the Department of Trade & Industry (DTI), has pursued its campaign to raise the awareness level of its stakeholders on the latest government investment policies, regulations, and procedures as it conducts the third BOI Investment Awareness Seminar To Strengthen The Investors and Stakeholders (BOI ASSIST) recently at the …

Listed Chelsea Logistics Holdings Corp. (CLC) expressed its support to regulator Maritime Industry Authority’s (MARINA) Circular 2017-04 or the Rules on Importation of Passenger Ships, which was issued by the MARINA Board last July 13 that seeks to assure the seaworthiness of local vessels. 

By Riza Lozada  The Bangko Sentral ng Pilipinas (BSP), the Department of Finance (DOF), the Securities and Exchange Commission (SEC), and the Bureau of the Treasury (BTr) launched a joint initiative to spur the development of the domestic debt market. 

The Philippine Public School Teachers Association (PPSTA) has backed the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN), which it considered as a “beneficial” tool that will uplift not only the economic status of teachers but also their dignity and morale as well. 

By Riza Lozada Listed domestic liner operator Chelsea Logistics Holdings Corp. (CLC) sailed through the first half of the year with a 93-percent surge in earnings, as it realized the full benefit of deploying vessels acquired in late 2016 and those previously drydocked as well as recognized its share in the earnings of 2GO Group, Inc. 

Major telecommunications firm Globe Telecom has expanded so-called Long Term Evolution (LTE) to the Visayas and Mindanao regions as it aims to improve its network coverage. 

President Duterte commended last Friday Aviana Development Corp, a joint venture company of Ayala Land, Inc. and the Alcantara Group of Companies for their commitment to pursue economic development in many parts of the country. 

Property giant Ayala Land Inc. (ALI) won five major awards at the 14th Annual International Business Awards (IBA), also known as the Stevie Awards. 

By Riza Lozada Local banks are expected to continue to grow rapidly over the next two years, thanks to the strong solid economic growth, corporate profitability, low interest rates, and a drop in non-performing loans, ratings firm Standard and Poor’s (S&P) said. 

The Coalition for Better Education (CBE) conferred a Presidential Award to City Savings Bank (CitySavings) last August 5 at Golden Prince Hotel and Suites, Cebu City during its 16th year founding anniversary.