The Ayala Group’s tech manufacturing arm Integrated Micro-electronics Inc. (IMI) announced that its Chief Executive Officer Arthur R. Tan will be replaced by Lou Hughes in May this year. IMI CEO Arthur R. Tan In a disclosure to the Philippine Stock Exchange (PSE), IMI said Tan will no longer...
The Ayala Group’s manufacturing arm Integrated Micro-Electronics Inc. (IMI) reported a net loss of $1.6 million in the first nine months of 2023 from $0.81 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said revenues were lower and the...
ILOILO CITY – The Department of Social Welfare and Development (DSWD)-6 has started distributing aid totaling P14.5 million to 967 more micro rice retailers in Western Visayas affected by the price cap. “We are glad that we are able to help more small rice retailers this time. We believe that,...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, saw its net loss balloon to $82.9 million in the second quarter of 2023 from the $3.5 million loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this includes...
Fresh from his official appointment as the presidential adviser for poverty alleviation, lawyer Lorenzo “Larry” Gadon is rolling up his sleeves and getting to work with his first agenda—Batang Busog, Malusog Movement (BBM Movement). Newly-appointed Presidential Adviser for Poverty Alleviation...
President Ferdinand “Bongbong” Marcos Jr. on Monday, May 1 (US time), witnessed the signing of a a memorandum of agreement (MOA) between Integrated Micro-Electronics Inc. (IMI) of the Ayala Group and California-based Zero Motorcycles that would bring some 200 jobs to the Philippines for the...
The country’s continuous bid towards ending the digital divide benefits women micro-entrepreneurs, said Information and Communications Technology (ICT) Undersecretary Anna Mae Lamentillo. During the 67th Session of the Commission on the Status of Women (CSW67), Lamentillo explained that...
BIÑAN CITY – The local government unit (LGU) got almost nine times more registered micro-businesses in January upon rolling out an ordinance granting special business permit rates. With a city legislation titled An Ordinance Granting Additional Incentives to BMBEs (Barangay Micro-Business...
The Department of Trade and Industry (DTI) and P.J. Lhuillier Inc. (PJLI) have signed a memorandum of understanding (MOU) allowing micro, small and medium enterprises (MSMEs) to transact through a web portal at Cebuana Lhuillier outlets to further promote ease of doing business and digitalization...
The Philippine Chamber of Commerce and Industry of Parañaque (PCCI-Parañaque) and the Sokcho Federation of Micro Enterprises paid a courtesy visit to the office of Parañaque City Mayor Eric Olivarez on Tuesday, Jan. 10. According to Mayor Olivarez, the PCCI- Parañaque and the Sokcho Federation...
USAID, the principal US government agency to extend assistance to countries, launched a P1 billion digitalization program that aims to digitally transform 30,000 small micro and medium enterprises (MSMEs) over a five-year period. US Ambassador to the Philippines MaryKay Carlson announced the $18...
Samsung Electronics Co., Ltd. unveiled last January 3 in Las Vegas, Nevada its new lineups of Neo QLED, MICRO LED, and Samsung OLED. A selection of lifestyle products and accessories were also disclosed. At the CES 2023, Samsung will showcase innovative products that are designed to improve...
