To future-proof itself, integrated logistics and transportation firm 2GO is investing P150 million to digitize and automate its operations, the company today ( September 15) announced. Logistics_2GO Automated sorting machines in its hub facilities will now process more than 140,000 parcels a day,...
Philippine Ambassador to Prague Ombra Jainal has called on Czech investors to take a look at the Philippines' positive business outlook being one of the top emerging economies and countries for investments in the region amid the ongoing onslaught of the COVID-19 pandemic. Philippine Ambassador to...
The COVID-19 pandemic has prompted more people, now including younger ones at the age of 15 to 25, to save and invest in order to deal with their top fears and concerns these days – which include running out of money, getting sick, losing their lives or their loved ones, declining mental health,...
SM Investments Corporation, the holding company of the Sy family, has committed to support of the Task Force on Climate-related Financial Disclosures (TCFD) in a strong bid to ensure its businesses meet global sustainability targets. This was announced by SMIC during a Virtual Roundtable Discussion...
Metro Pacific Investments Corporation has committed to fully support the ASEAN Green Initiative (AGI) led by the ASEAN Centre for Biodiversity (ACB) in line with the United Nations Decade on Ecosystem Restoration. “As the Philippines’ leading infrastructure investment Company, MPIC is...
The Duterte administration has poured bigger investments to improve the welfare of Filipino athletes compared to the past government that contributed to their enhanced performance in recent Tokyo Olympics, Malacañang asserted Tuesday, August 10. President Rodrigo Duterte salutes the Filipino...
Metro Pacific Investments Corporation (MPIC) reported a 13 percent improvement in consolidated core net income to P6.0 billion for the first half of 2021 from P5.3 billion in the same period last year. In a press briefing, MPIC President Jose Ma. K. Lim said “This is a substantial improvement...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for a mass housing project and two cement manufacturing plants all located outside Metro Manila. Chaired by Finance Secretary Carlos G. Dominguez III, the FIRB during its third meeting last August 2 approved the tax...
EDITORS DESK BERNIE CAHILES-MAGKILAT The remaining strands of protection for domestic enterprises from majority foreign control will be lifted once the three pending economic bills are passed into law. In his last state of the nation address, President Duterte made a last ditch appeal to Congress...
Metro Pacific Investments Corporation (MPIC), through its operating companies and with the support of various businesses led by Manuel V. Pangilinan, launched its GABAY Advocacies that aimed to champion a sustainable Philippines through a two-hour digital concert featuring the country’s top OPM...
The government is eyeing to corner P2.984 trillion worth of renewable energy (RE) investments in line with the country’s clean energy scenario (CES) pathway that it targets to concretize in a span of two decades. In an Energy Investment Forum, Director Jesus T. Tamang of the Department of...
