Business

Reliable and clean water supply, along with effective wastewater services, are essential to the success of investment hubs in the Philippines.  These critical services not only ensure the operational efficiency of businesses but also attract investors, support environmental sustainability, and enhance the quality of life for residents, tourists, workers, and operators. In the Clark Freeport Zone (CFZ) in Pampanga, a …

Everyday, hundreds of patients across the Philippines rely on blood transfusions to survive life-threatening, adverse health events and serious illnesses like cancer and anemia. Yet, the supply of safe and voluntary blood donations often falls short of demand. A dedicated social worker is on a mission to organize donation drives while regularly donating blood himself. He aims to inspire others …

The Government Service Insurance System (GSIS) and the Japan International Cooperation Agency (JICA) convened their first Joint Coordinating Committee (JCC) meeting to advance their technical cooperation project aimed at strengthening the financial resilience of public assets against natural disasters. The meeting marks a milestone in the three-year project titled “Strengthening Financial Resilience of Public Assets to Natural Disasters by Improvement …

Visayas Container Terminal (VCT), operated by International Container Terminal Services, Inc. (ICTSI), welcomed SITC Container Lines’ restructured China-Philippines Express 7 (CPX7) service, which introduces regular weekly calls to Iloilo starting March, 2025. The revamped service enhances Iloilo’s trade connectivity with key Asian markets, offering improved reliability, service frequency and cargo handling efficiency.  The CPX7 service was deployed with the SITC …

Featuring advanced cooling technology and the innovative Auto Ice Maker with the Spaceplus™ Ice System, keeping ice readily available while optimizing freezer space for enhanced convenience and refreshingly cool drinks anytime. LG took over the Bonifacio High Street Amphitheater in Taguig for a day of exciting activities, cool innovations, and, of course, plenty of ice! The main attraction? LG’s latest refrigerator …

International Container Terminal Services, Inc. (ICTSI) is warning the public about online scams using manipulated videos and audio recordings to impersonate Chairman Enrique K. Razon Jr. and other senior executives. In a statement, ICTSI said he fraudulent materials, which have appeared on social media, falsely portray Mr. Razon promoting investment opportunities. Mr. Razon nor ICTSI has endorsed any such investments. …

The Securities and Exchange Commission (SEC) has approved the documents governing the merger between LandBank subsidiaries– LandBank Leasing and Finance Corporation (LLFC) and UCPB Leasing and Finance Corporation (ULFC)  last February 27. The operational turnover and transition activities immediately followed the SEC approval. The integration is in accordance with Executive Order (EO) 65 signed by President Ferdinand R. Marcos Jr. …

Business sentiment in the Philippines was less optimistic in Q1 2025, with the overall confidence index (CI) dropping to 31.2 percent from 44.5 percent in Q4 2024.  This decline reflects a combination of a decreased percentage of optimists and an increased percentage of pessimists.  The firms’ less optimistic outlook for Q1 2025 was primarily driven by concerns regarding: (a) the …

The Sisters of Mary School celebrated a topping-off ceremony for its Digital Transformation Center in Silang, Cavite, on Sunday, March 23.This event marks the completion of the building”s structural framework. The construction of the facility, named the Felicidad Sy Hall-Digital Transformation Center, is a collaboration between the Felicidad T. Sy Foundation Inc. (FTSFI), Fr. Al’s Children Foundation, Inc. (FACFI), and …

Manila Water Philippine Ventures (MWPV), the Non-East Zone subsidiary of Manila Water Company, has begun implementing its summer mitigation plan to ensure continuous water supply across its service areas. Although El Niño is not in effect this year, MWPV is proactively executing a comprehensive summer mitigation plan to address potential water availability issues, considering the impacts of global warming and …