Two Filipinos died due to COVID-19 (coronavirus disease 2019) in India while 20 others were infected, Philippine Ambassador to India Ramon Bagatsing, Jr. said Tuesday, as India is battling the world’s worst health crisis that is claiming thousands of lives each day. Philippine Ambassador to India...
Digitalization is well on its way in the Philippines with both government and the private sector embracing digital destiny, according to Trade and Industry Secretary Ramon M. Lopez. At the Sulong Pilipinas virtual forum, Lopez noted the game changer Central Business Portal (CBP) of the government...
San Miguel Corporation (SMC) will run the country’s first Bus Rapid Transit (BRT) system on its elevated Skyway Stage 3, the company today ( April 26) announced. The BRT system, already used in many countries, will use the Skyway for buses that will function like trains—ferrying...
Trade and Industry Secretary Ramon M. Lopez has vowed of government policies that strengthen prioritization of local procurement over imports to boost domestic demand and rebuild jobs amid high unemployment in the country following several company closures due to the...
The Philippine Stock Exchange has approved the stock offerings of Monde Nissin Corporation and AC Energy Corporation which, combined, will raise up to P88.9 billion from the equities market in May. For its initial public offering (IPO), Monde Nissin Corporation will be raising up to P72.45 billion....
The government has allocated P1.14-trillion budget for the implementation of the National Employment Recovery Strategy (NERS) 2021-2022, top-billed by high impact infrastructure projects. Based on the Department of Labor and Employment presentation at the Pre-Summit Dialogue for Business by...
Six Japanese wiring harness firms are investing in the country with estimated investments of P10.5 billion and 18,650 jobs potential, according to Trade and Industry Secretary Ramon M. Lopez. Lopez based his announcement on the report by Commercial Counselor and Special Trade Representative...
San Miguel Corporation (SMC) today (April 22) formally opened the Nagtahan northbound and southbound exit ramps of the new Skyway Stage 3 elevated expressway enabling motorists north and south to access Sta. Mesa and the City of Manila directly, in record time, announced President Ramon S. Ang. San...
The power generation arm of San Miguel Corporation will cough up US$1.0 billion worth of investments for 31 new battery energy storage (BES) projects that it will be deploying in various sites nationwide. The company, in a statement to the media, has emphasized that the BES facilities will have...
Business name registrations in the first quarter this year already reached 432,962 almost half of the entire 2020 that registered with the Department of Trade and Industry (DTI) as economic challenges forced Filipinos to find innovative ways to earn a living during the pandemic. Trade and...
San Miguel Corporation announced that the first intensive studies on the Pasig River bed has started as part of preparations for a “historic effort” to it up. SMC President Ramon S. Ang The project will be fully funded by SMC and jointly undertaken with the Department of Environment and...
Despite the raging pandemic, PHINMA Corporation is raising P2 billion from a bond offering to fund investments as it is optimistic that recent developments will boost economic recovery and growth. During the firm’s annual stockholders’ meeting, PHINMA President and CEO Ramon R. del Rosario Jr....
