With more Business Process Outsorcing (BPO) companies dispersing outside Metro Manila, Aboitiz-owned LIMA Land, Inc. is building a seven-tower office complex in its 30-hectare commercial zone to cope with the demand. The first structure of the complex, LIMA Tower One, will break ground later this...
Vice President Leni Robredo had nothing but good words for the Quezon City government for the vaccination of 165 staff members at the Office of the Vice President (OVP). In a Facebook post, Robredo shared photos of OVP staff receiving their second dose of coronavirus vaccines at the Quezon City...
Two suspected members of the Abu Sayyaf Group (ASG), tagged by the Philippines as a terrorist organization, were arrested by the Philippine National Police (PNP) in Taguig Saturday. The suspects, Taupik Galbun alias Pa Wahid, and Saik Galbun alias Pa Tanda, were arrested at about 10:50 p.m. at...
Legal issues of BSP’s ‘digital banknote’ initiative MB file After the Bangko Sentral ng Pilipinas (BSP) created a Technical Working Group (TWG) in June 2020 as initial research on a possible central bank digital currency (CBDC), it released a more comprehensive study in March this year on...
Jollibee Foods Corporation is investing in an industrial property developer by infusing P3.97 billion worth of land used by its commissaries to get a foot into the real estate investment trust space. Based on a disclosure to the Philippine Stock Exchange, Jollibee will infuse 16.4 hectares of...
The Department of Social Welfare and Development (DSWD) “is preparing now” to activate Task Group Taal to ensure that all-out assistance will be given to the areas in the Calabarzon (Cavite, Laguna, Batangas, Rizal, Quezon) region badly affected by Taal Volcano’s unrest. White smoke was seen...
More than P10 billion worth of smuggled goods have been seized in various ports and warehouses in the country over the last six months of 2021, the Bureau of Customs (BOC) bared Wednesday, July 7. (Photo courtesy of the BOC) The confiscated contrabands were a combination of counterfeit cigarettes,...
GrowSari, a Philippine B2B E-commerce player, has raised US$30 million in funding to date from global marquee investors including China’s Tencent, International Finance Corporation, and the Gokongwei Group. 17716 Founded in 2016, GrowSari is a tech-enabled B2B platform that outfits Philippine...
British life insurer Pru Life UK has entered into a partnership with pharmaceutical firm AstraZeneca and two local healthcare providers to offer a group insurance package for companies and their employees. In a statement, Pru Life UK announced on Wednesday, July 7, that it partnered with British...
Bria Homes, a subsidiary of the Villar Group, has been recognized for developing affordable and sustainable housing projects. The 2021 Real Estate Asia Awards gave BRIA Homes recognition in two categories: "Affordable Housing Developer of the Year" and "Open Space Development of the Year". The 2021...
Lilystars Records’ Clem Castro (left) and ADA Asia’s Chee Meng Tan ADA Asia, part of Warner Music Group’s independent artist and label services division, has formed an alliance with Lilystars Records, a Philippine independent record label. Under the agreement, ADA Asia will support...
President Duterte is taking the lead in efforts to streamline the permitting process for power infrastructure projects in a bid to ensure their timely completion. President Duterte delivers his remarks during the inauguration of LRT-2 East Extension Project in Antipolo City on July 1, 2021...
