State-owned Philippine Amusement and Gaming Corp. (Pagcor) posted a double-digit rise in gambling revenues in the first three months of the year, but was still short of its target. Based on Pagcor’s statement of comprehensive income, the gaming regulator raised P11.29 billion from gaming...
The International Finance Corp. (IFC) will invest in BDO Unibank, Inc.’s sustainability bond sale that aims to help finance marine and ocean-based projects while supporting the country’s climate goals. In a statement, IFC said on Friday, April 29, that the World Bank Group unit will subscribe...
Mitsubishi Motors Philippines Corporation (MMPC) officially unveiled Mitsubishi Manila Bay, as its flagship Dendo Drive Station in the country. It is an outlet where customers can learn and experience a variety of energy sources represented by an Electric Vehicle (EV) or Plug-In Hybrid Electric...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) is on track to hit its revenue targets, driven by country’s much improved economic environment amid the prolonged pandemic. Despite their “bad start” this year due to the surge of Covid-19 cases, Andrea D. Domingo, Pagcor chair and...
NLEX Corporation is currently conducting preventive maintenance work on its bridges and overpasses along NLEX-SCTEX until August 2022 to ensure motorists' safety. The tollway operator is strengthening girders, replacing components and cyclone fences, repairing cracks and expansion joints, restoring...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) wants to trim down further its financial obligations by implementing cost-cutting measures while increasing revenue collection, the Department of Finance (DOF) said. In a statement, Irene Joy Besido Garcia, PSALM president and...
SM Hotels and Conventions Corp. (SMHCC) recently partnered with Kris+ Lifestyle Rewards App by Singapore Airlines, to extend exclusive privileges to guests of SMHCC properties. This partnership is aligned with the easing of the Covid-19 restrictions in Philippines and re-opening of the country’s...
State-run National Power Corp. (Napocor) plans to further expand capacity in missionary areas, after registering more than sixfold increase in the past five years, the Department of Finance (DOF) reported. In a DOF statement, Napocor Officer-in-Charge (OIC) Senior Vice President and Chief Operating...
Employees have a new “worth it” equation with 67 percent of employees in the Philippines prioritizing their health and well-being over work than before the pandemic. This was according to Microsoft Corp.'s recently released second annual Work Trend Index report, “Great Expectations: Making...
The Philippine Amusement and Gaming Corp. (Pagcor) has remitted fresh cash dividends to state coffers to support government programs aimed at mitigating the impact of the Russia-Ukraine crisis on the vulnerable sectors. In a statement, Andrea D. Domingo, Pagcor chair and chief executive officer...
Eligible businesses and institutions may now take concrete steps to lower their carbon emissions by getting power from licensed Green Energy Option Program suppliers like EDC's Green Core Geothermal, Inc. There is a ‘deepening revolution’ happening in the energy sector – it’s not just a...
Senatorial candidate Herbert “Bistek” Bautista on Thursday urged the public to brace for a continued surge in fuel prices as suppliers are likely to hoard stocks to push prices up. The UniTeam senatorial bet noted that oil prices are now being dictated by the ongoing war in Ukraine, the impact...
