Business

Caltex’s multi-awarded Fuel Your School (FYS) program is now set to help fund projects in science, technology, engineering and mathematics (STEM) for high-need public high schools in Bicol region. 

Cybersecurity firm Fortinet delivered in the first quarter billings and revenue growth that exceeded the firm’s guidance and which continued to outgrow the market, said founder, chairman and CEO Ken Xie. 

Telecoms giant Globe Telecom’s #1stWorldInternetPH bagged the Best Telecommunications Campaign at the 2016 Asia-Pacific Excellence Awards which was created to honor the most outstanding achievements in the field of corporate communications, PR and public affairs. 

The budget ran a P23.7 billion deficit for February, a third lower than last year as revenue generation outpaced spending growth for the period. 

By Riza Lozada  Security Bank Corp. (SECB) posted P2.8 billion in net income in the first quarter as net interest income increased 27 percent to P4.4 billion from P3.5 billion a year ago offseting the decrease in the bank’s non-interest income. 

State-owned Development Bank of the Philippines (DBP) and the Department of Science and Technology (DOST) signed recently a memorandum of agreement (MOA) for the DBP Bankability Enhancement for SETUP Technopreneurs (DBP BEST) program. 

Universal bank Rizal Commercian Banking Corp. (RCBC) understands the need to provide customers information when they need it – and with great customer experience at the heart of its strategy, it has always pursued technologies that would make financial services useful and easily accessible to the customers. 

By Riza Lozada  Communications giant Globe Telecom has signed a 10-year P8-billion term loan facility with BDO Unibank Inc. to finance the company’s capital expenditure and general corporate requirements.

8990 Holdings’ two largest ventures in the Visayas region, DECA Homes Mactan Prime and Urban DECA Homes Mactan, have taken the lead in mass housing development. 

Container terminals managed and operated by International Container Terminal Services Inc. (ICTSI) at the Subic Bay Freeport are expected to beef up trade between South Korea, Taiwan and the Philippines with Evergreen Marine Corp. launching a new direct service at key ports of the three trading economies.