Business

SM Development Corporation (SMDC) is taking significant steps to support the preservation and accessibility of cultural heritage, demonstrating its commitment beyond real estate. This vision is embodied in its landmark ₱100 million commitment over the next three years to support the preservation and enhancement of the National Museum. A significant part of this investment will fund structural improvements and conservation …

Mindanao Container Terminal (MCT), International Container Terminal Services Inc.’s (ICTSI) business unit at the Port of Cagayan de Oro in the Philippines, recently started operating exclusively on solar power during daylight hours. MCT started sourcing solar power on 14 February under a retail supply contract with PrimeRES Energy Corporation within the Philippine energy department’s Retail Competition and Open Access (RCOA) …

BingoPlus, your comprehensive digital gaming platform in the country, introduced this year’s aspiring Miss Universe Philippines. Around 69 beautiful and confident beauty queens were revealed at a hotel in Makati on February 15, 2025. Stunning delegates from all over the Philippines graced the stage and proudly stated their provinces and cities, garnering cheers from the audience. As the co-presenter of …

Get Ready for the First Super Crazy Sale of the Year The wait is over as Landers Superstore kicks off the first Super Crazy Sale of 2025 from February 26 to March 2. Shoppers can look forward to massive discounts on over 5,000 items, along with exclusive dining deals and membership offers. Whether you’re stocking up on essentials or gearing …

Celebrate love in all its forms this Love Month with MR.DIY’s “Love is in the Air” product highlights!  From February 1-28, 2025, discover a variety of heartwarming items perfect for showing your appreciation to loved ones of all ages. Explore some of our featured picks: Mermaid and Penguin Plush Toys – Adorable companions for your special someone or little ones. …

The Social Security System (SSS) plans to lower interest rates on its salary and calamity loan programs while expanding self-employed coverage for over 157,000 pensioners nationwide. In a recent advisory, SSS announced that these changes, along with other program enhancements, are expected to be implemented within the year. SSS President and CEO Robert Joseph De Claro stated that the agency …

Industry associations and foreign chambers have lauded the passage of Senate Bill 2699, or the Konektadong Pinoy Act, calling it a major step in advancing the country’s broadband infrastructure. Led by FinTech Alliance PH, alongside Better Internet PH and over 10 other organizations, business groups welcomed the measure as a game-changer that will enhance digital access while attracting greater private …

The Board of Investments (BOI) has endorsed the expedited processing of permits and licenses for two solar power projects by Upgrade Energy Philippines, Inc. (UGEP), facilitating smoother coordination with national and local government agencies. BOI granted Green Lane Certificates of Endorsement to UGEP’s PHP2.11-billion Cabangan Solar Project in Zambales and the P1.51-billion Pontevedra Solar Power Project in Capiz. These projects …

Aramco, one of the world’s largest integrated energy and chemicals companies, is making a return to the Philippine market with a 25 percent stake acquisition in Unioil Petroleum Philippines, Inc.  The agreement for the strategic partnership was formalized on Wednesday, with Aramco Asia Singapore Managing Director Fai Aldossary and Unioil CEO Janice Co Roxas-Chua leading the signing. The transaction remains …

Revenue collections from the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) saw an increase in January 2025, according to the Department of Finance (DOF). In a statement, the DOF reported that BIR collections reached PHP350.6 billion, marking a 13.7 percent increase compared to the same period last year. Meanwhile, the BOC collected P79.3 billion, reflecting an …