State-run National Transmission Corp. (Transco) plans to remit the company’s entire profit to the government’s coffers to help fund the country’s coronavirus response programs, the Department of Finance (DOF) revealed. In a statement, the finance department said on Tuesday, July 13, that...
Diversified conglomerate San Miguel Corporation (SMC) is coming clean on its next wave of energy investments, turning it s back on the industry’s old time favorite base coal plants to focus its fresh capital infusion into renewable energy (RE) installations. “We’re executing on our plans to...
This ambitious open-world RPG done right may just be the future of mobile gaming. Plus, all the details you need to know before playing it In the ‘60s DC and Marvel ushered in the Silver Age of comics as they reintroduced superhero titles with great commercial success. In 2008, the latter had a...
Publicly listed telecom, media, and tech firm Now Corporation has increased its stake in affiliate, Now Telecom Company Inc., (NTCI), to prepare for the global post-pandemic turnaround . images.jpeg-10 State regulators extended NTCI's franchise for another 25 years beginning 2018 and renewed its...
The Securities and Exchange Commission (SEC) has revoked the Certificate of Authority (CA) of Familyhan Credit Corporation so it can no longer operate as a lending company. This comes after the firm was found to have engaged in unfair debt collection practices and failed to disclose the true cost...
The Anti Red Tape Authority (ARTA) is looking into fast tracking the processing and release of micro enterprises loans with the Small Business Corp. (SB Corp), the government’s micro-lending arm. This developed following a discussion spearheaded by ARTA Director General Jeremiah Belgica with the...
In a meeting with the country's major mall and building owners, Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion garnered support for his proposal to champion and to finally establish “safe spaces” as a means to create herd immunity in areas where the private...
Microsoft Philippines has strengthened its presence with the launch of new industry-specific cloud offerings over the last 6 months, making it well prepared for the full reopening and recovery of the domestic economy. According to John Patrick “JP” Vicente, Microsoft Philippines Enterprise...
NLEX Corporation is building a P2 billion, two-kilometer expressway section between the existing Mindanao Avenue toll plaza and Quirino Highway, Novaliches, Quezon City, within the second half of this year. “The construction of this section will be welcome news for NLEX commuters who face daily...
Greater demand for financial reinsurance, coupled with higher health-related insurance coverage amid the ongoing pandemic, are expected to support the growth trajectory of the National Reinsurance Corp. of the Philippines (Nat Re) this year. In a statement, Allan R. Santos, Nat Re president and...
The Department of Information and Communications Technology (DICT) has partnered with the Microsoft Corporation for the conduct of a nationwide upskilling initiative to empower government employees. Department of Information and Communications Technology The DICT said the initiative “provides an...
