Business

By DIEGO C. CAGAHASTIAN The troubles that beset the Philippine economy, particularly the business community, mainly emanating from the embarrassing billion-peso flood control projects scandal, were momentarily set aside by Chinese-Filipino businessmen at an important event. The occasion was the welcoming function in honor of His Excellency, Ambassador Jing Quan, held at the Federation of Filipino Chinese Chambers of Commerce …

Transport Network Company Grab has expressed its appreciation for the swift action taken by the Land Transportation Franchising and Regulatory Board (LTFRB) and the Department of Transportation (DoTr) in addressing the concerns of Transport Network Vehicle Service (TNVS) drivers. In a statement, Grab extended its gratitude for the implementation of a fixed pickup fare system, which was introduced as a …

Hospitality is often seen through the lens of warm smiles and flawless guest experiences, but behind every welcoming gesture is work that demands both physical endurance and emotional strength. A career in the service industry means long hours on one’s feet and the ability to show genuine care. It requires an unwavering commitment to serve others well, no matter the …

The House of Representatives has approved on second reading a bill amending the country’s bank secrecy law, which was passed several decades ago. The new measure allows the  Bangko Sentral ng Pilipinas (BSP) to look into the accounts of bank officers and employees involved in illegal financial activities. House Bill 6707 aims to fight tax evasion, money laundering, and other …

Security Bank is scaling up efforts to help the communities it serves. The bank is committed to provide tangible support for livelihoods, education, culture, and the environment. From agriculture to disaster response, Security Bank’s initiatives reached communities often left at the margins of growth. In Aklan, the Bank supported 40 solo parents and smallholder farmers by providing cacao seedlings, poultry …

Visa, a global leader in digital payments, has signed a strategic agreement with LANDBANK,  a policy bank driving inclusive and sustainable development and among the country’s largest banks in terms of assets. This will expand digital payment acceptance across key government channels, enabling fast and secure digital transactions for various government services and supporting the government’s vision of a cash-lite …

Philippines – Visa (NYSE: V), a global leader in digital payments, has signed a strategic agreement with LANDBANK,  a policy bank driving inclusive and sustainable development and among the country’s largest banks in terms of assets. This will expand digital payment acceptance across key government channels, enabling fast and secure digital transactions for various government services and supporting the government’s …

Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) operation in Croatia, formally presented its new quay cranes to industry partners, shipping line representatives, freight forwarders, rail operators and other stakeholders in the Rijeka transport corridor on December 11. The ceremony was also attended by representatives of the Ministry of the Sea, Transport and Infrastructure, customs, regional and …

In an effort to shape up the next generation of Filipino volleyball talent, The Lighthouse Group (TLG) has enlisted support from OMNI Electrical & Lighting to launch the National Grassroots Volleyball League (NGVL) — a nationwide developmental volleyball conference for girls under 16 years old. With volleyball experiencing unprecedented popularity across the Philippines, the NGVL aims to fill a long-standing …

The Minister of Ports and Airports, Silvio Costa Filho, has announced a new private investment of R$948 million in works to expand and modernize the operations of the ICTSI Rio Brasil Terminal at the Port of Rio de Janeiro. The project, which will be executed between 2025 and 2029, will increase the public terminal’s operational capacity by 70.5%, from the …