Universal Robina Corporation (URC) reported that it was able to weather a very difficult year by putting its employees on top of its priorities so productivity remained higher and business operations can continue. “We left no stone unturned in our efforts to help and guide our employees in the...
The local stock market ended mixed with the PSEi down while more shares traded higher as investors wait for the release of economic data due this week. The main index shed 12.55 points or 0.18 percent to close at 6,937.96 as the Mining and Oil counter led advancers while Banks weighed down the...
SB Finance Corporation, a subsidiary of Security Bank Corporation, has partnered with e-commerce giant Lazada to provide Filipino marketplace sellers with multi-purpose loans of up to P500,000. In a statement, the firm said the loan is seen to help grow these businesses and encourage continued...
AllHome Corporation, owner of the pioneering one-stop shop home store chain in the Philippines, is ramping up its digital initiatives both instore and online to keep ahead of changes in consumer behavior. AllHome Chairman Manuel B. Villar Jr. “Our e-commerce initiatives, even prior to the...
It’s a bit of mid-year sting on consumers’ pockets; as gasoline prices will rise by a hefty P1.00 per liter this week; while diesel prices will have upward adjustment of P0.65 per liter. Another fuel commodity kerosene will also have higher prices this week by a scale of P0.70 per liter, as...
Exporters are pushing for the passage of amendments in the Magna Carta for Micro Small and Medium enterprises (MSMEs) to enable SB Corp., the micro lending arm of the government, implement more MSME friendly lending policies. Sergio Ortiz-Luis Jr., president of the Philippine Exporters...
Investors will again wait to see if the government will announce any changes in quarantine measures while prices of certain stocks may be boosted by quarter-end window-dressing. “Next week, investors are expected to watch out for the government’s quarantine classification decisions for the...
Jollibee Foods Corporation is planning to open a total of 950 stores globally in 2021 to 2022, consisting of the various brands it owns in the Philippines and overseas, as it banks on the economic recovery following aggressive vaccination programs. 15042 During the firm’s annual stockholders’...
The local stock market rose as local investors continue to follow the lead of their US counterparts. The main index moved up 64.51 points or 0.94 percent to close at 6,950.51 as the Services counter led other sectors in advancing across the board. However, volume remained below average at 2.54...
The Department of Agriculture (DA) has launched the Philippines’ first solar-powered on-farm cold storage demo unit in collaboration with Filipino firm Next Agri Corporation Philippines and Indian firm Ecozen Solutions Private Ltd. On Friday, Agriculture Secretary William Dar led the inauguration...
San Miguel Corporation (SMC) reported that its “Ligtas Lahat” vaccination program has already resulted in the administration of almost 180,000 vaccines doses in five cities of Metro Manila. In a statement, the firm said its vaccination program switched to high-gear with the deployment to more...
Jollibee Foods Corporation (JFC) and its subsidiaries, Fresh N’ Famous Foods, Inc. (FNF) and Mang Inasal Philippines, Inc. (MI), has entered into a license agreement with Milkshop International Co., Ltd., a popular Taiwanese Bubble tea brand. In a disclosure to the Philippine Stock Exchange,...
