K-pop boy groups BTS, EXO and NCT 127 bagged nominations at the 2020 American Music Awards (AMAs), which will be held live at Microsoft Theater in Los Angeles on ABC on Nov. 22 at 8 p.m. EST (Nov. 23, 8 a.m. in the Philippines). The three K-pop groups are vying for the Favorite Social Artist award...
Google Philippines has introduced initiatives to support the country’s safe economic recovery through: MSME Caravan, free listings on Google Shopping tab, and Google Maps for local tourism. In partnership with the Department of Trade and Industry, MSME Caravan aims to train micro, small, and...
PH Resorts Group Holdings, Inc., the gaming firm controlled by Dennis A. Uy, is asking for a voluntary trading halt of its shares while its follow-on offering is ongoing. In a letter to the Philippine Stock Exchange, the firm said it is requesting for a trading half of 10 trading days or from...
AllHome Corporation, the Villar retail group’s one-stop shop for home needs, is continuing its expansion as it maintains a positive outlook for the rest of the year on the back of the improving trend in sales. The firm said it has strengthened its position by expanding its store network...
Investing in a memorial lot offers higher yield, according to the top executive of Golden Haven Memorial Park. Red Rosales, chief operating officer of the country’s first integrated memorial parks, reported of the huge price valuation of Golden Haven lot owners. Investing in Golden Haven lots now...
Asia Brewery Inc. and HEINEKEN are planning to dissolve their joint venture in favor of a new arrangement under which ABI will just brew and distribute the beer while HEINEKEN will do the sales and marketing. In a disclosure to the Philippine Stock Exchange, ABI’s parent company LT Group...
The Philippines experienced the highest increase in the usage of shopping apps in Southeast Asia in the second quarter this year, according to a report on the impact of COVID-19 on online shopping behaviors among six countries in the region. Data from iPrice Group’s Map of E-commerce report, in...
As Senate continues to debate on the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill emotionally, two big electronics companies are shutting down operations because of uncompetitive business environment, according to the Semiconductor and Electronics Industries in the...
Jollibee Foods Corporation continues to expand its footprint overseas despite the ongoing pandemic, this time opening its first Jollibee store in Rome, Italy. In a statement, Jollibee said its new Rome branch is along Via Ottaviano, which is only a stone’s throw away from St. Peter’s...
World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects. The WTO forecasts that merchandise trade volume could fall 9.2 percent in 2020 less than the 12.9...
The Philippines and Germany have agreed to strengthen bilateral cooperation in manufacturing, construction and innovation at the successful convening of their inaugural Joint Economic Commission (JEC). The Philippines-Germany Joint Economic Commission Co-Chairs Parliamentary State Secretary Marco...
The Filinvest Group of the Gotianun family has launched Filinvent.io, an open innovation program to help its operating companies “reinvent” and digitally transform themselves through various startup engagements. The program, launched through the group’ new corporate innovation and...