Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels and lubricants, has a new demand-driven skills training program with a job placement component in its host community of San Pascual, Batangas.
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PCCI, Israel farms aim to raise agriculture output
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest trade group, has offered the International Center for Agricultural Studies of Israel to assist in contacting Filipino graduates who completed a one-year internship in the Israel International Center for Agricultural Studies.
Read More »Empowered youth take awards spotlight
Not all young people spend their free time frivolously. There are those who would spend it to create a better communities, better future, and a better nation. There is no better proof of this than the nominees of this year’s Ten Accomplished Youth Organizations (TAYO) Awards.
Read More »Globe declares banner year with P46-B revenues earned
By Riza Lozada Globe Telecom recently reported consolidated earnings before income tax depreciation and amortization (Ebitda) for 2015 at P45.8 billion, 17 percent higher from a year ago.
Read More »Cebu Pacific flew 18.4M passengers in 2015
Listed Cebu Pacific (CEB), flew 18.4 million passengers in 2015, an increase of 9 percent from 16.9 million passengers flown in 2014. On average, CEB flights were 83 percent full during the year.
Read More »Manila Water unit allots P1.4 billion for expansion in Laguna
Laguna Water, the largest water and used-water service provider in Laguna, is set to spend P1.4 billion this year in pursuit of expanding its service reach to more customers within the province. Last year, Laguna Water’s concession agreement was amended, allowing the company to extend its water and used-water services from the original concession areas covering the cities of Biñan, …
Read More »8990 Holdings posted 23% growth in 2015
Leading mass housing developer 8990 Holdings Inc. booked a 23 percent growth in earnings and exceeded its full-year target of P4 billion on the back of the company’s strong presence, brand acceptance, building innovation and track record of housing delivery in the growth centers of the country: NCR, Angeles, Cebu, Iloilo and Davao.
Read More »Debt payments slash forex reserves to $80 billion
Payments by the national government of its maturing foreign debt along with the Bangko Sentral ng Pilipinas’ (BSP) foreign-exchange (forex) operations resulted in the drop of foreign reserves in January.
Read More »Companies diversify into real estate for profit
Real estate is becoming the favored destination of any company that are headed for diversification. Leading conglomerate San Miguel Corp., which has been diversifying from the food and beverage business since the early 2000s, said the margins in real-estate venture are one of the highest among all businesses. “Name any corporation that is expanding, definitely the additional equity will go …
Read More »Shoebox filled with hope and infinite kindness
In the Philippines, the city of Marikina alone produces 150 million pairs of shoes every year. That’s 150 million shoeboxes hoarded or turned to waste. But what once was discarded has now been transformed into an instrument of hope.
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The Market Monitor Minding the Nation's Business