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15 August

Personal Remittances Up by 4.4 Percent YoY in June 2022; H1 2022 Level Reaches US$17.1 Billion

Personal remittances from Overseas Filipinos (OFs) grew by 4.4 percent year-on-year to reach US$3.1 billion in June 2022 from US$2.9 billion recorded in the same month last year. This resulted in the growth of the cumulative personal remittances by 2.8 percent to US$17.1 billion in the first half of 2022 from US$16.6 billion recorded in the comparable period in 2021. …

15 August

PHL-China rail project negotiations to resume

By Jonathan P. Gesmundo Transport Secretary Jaime J. Bautista and Chinese Ambassador Huang Xilian met August 11 at the Chinese Embassy in Makati City – their recent first official meeting – and agreed to restart negotiations for major transport projects. The two officials discussed resumption of talks for the major China-funded railway projects such as the PNR South Long-Haul Project …

12 August

Home Away from Home’ for Filipino Migrant Workers

Savoy Hotel Manila & Belmont Hotel Manila New Campaign Is A Salute To Filipino Migrant Workers Savoy Hotel Manila and Belmont Hotel Manila have officially launched a heartwarming campaign that establishes its commitment to be the ‘home away from home’ for Filipino migrant workers. ‘’Belmont Hotel Manila and Savoy Hotel Manila have long been home to local and international travelers …

12 August

Dexter Doria plays Madam Critic to Vince Tañada’s Blackbox Theater

Where does criticism begin and friendship end? Actress Dexter Doria and producer, director, writer and actor Vince Tañada have been friends for years but there is a line that divides the bond between the two film, television and artists. Dexter has maintained her independence as a screen persona and as a private individual who has duties and responsibilities in the …

12 August

Converge nets P3.9 billion in first half, up 21.5% Y-O-Y

Leading fiber broadband provider Converge ICT Solutions Inc. (PSE: CNVRG) booked a net income of P3.95 billion in the first half of 2022, a 21.5% growth over the same period last year, despite the challenging economic environment as it continues to roll out its high-speed broadband service to more cities and municipalities across the country and increased demand from businesses, …

12 August

Finding Beauty in the Community

SMDC resident grateful for a community that supports her passion With a lot of things going on, life can often feel like a blur. Nowadays, it is rare to see beauty amid all the adversities. Not for this creative soul, though. “We are surrounded by beauty. Everything God has created is good and is beautiful,” said Dara Plan, a professional …

11 August

First Rijeka–Czech Republic direct cargo rail service established

Emmanuel Papagiannakis, AGCT chief executive officer, commented: “The Czech market is one of the most important markets in Europe with a significant manufacturing hub and consumer market. Currently, there are multiple regular weekly block trains between Rijeka, Serbia, Bosnia and Hungary with extensions for Slovakia. We appreciate that Maersk has launched this initiative adding direct rail services to Czechia. This also confirms …

11 August

Investors meet startups at RISE Pitch Night

Studies show that nearly 90 percent of startups eventually fail, leaving only 10 percent surviving to continue their journey. Startups’ success depends on their ability to innovate, and transforming their ideas and scaling up operations require not just luck but proper mentoring and the right network. Eight startups received a P500,000 equity-free grant from Makati City after the qualifying pitching …

11 August

The show goes on for Max Eigenmann amid family tragedy

The day award-winning actress Cherie Gil died last August 5, 2022, Max Eigenmann was in iconic fashion designer Albert Figueras’ atelier in Makati City. Max at the time was excited and cheerful in fitting the frocks Albert made for her. “Ang saya-saya pa ni Max habang nagsusukat ng mga gown ko (Max was very happy fitting in my creations for her),” informed Figueras who created …

10 August

Megaworld sustains growth momentum as 1H profit soars 26% to P6.7B

Megaworld, the Philippines’ biggest developer of integrated urban townships, achieved a net income of P6.7 billion during the first half of 2022, 26% higher than the P5.4 billion registered during the same period last year. Attributable net income also recorded an 18% increase to P5.9 billion in the first half of this year from P5.0 billion during the first six …

TimeLine Layout

August, 2022