ABS-CBN Corporation was again honored for its good corporate governance alongside other top organizations in the Philippines in the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards. Just like in 2018, ABS-CBN was the only media company that made it among the outstanding domestic...
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
Motor vehicle sales in ASEAN plunged 29 percent in pandemic year 2020 with all countries in the red with Indonesia and the Philippines posting the steepest declines, data from the ASEAN Automotive Federation (AAF) showed. Based on the AFF data, ASEAN countries’ combined sales reached only...
Italian businessmen have committed to prioritize the Philippines for their expansion programs in the ASEAN region. Enrico Letta, President of Associazione Italia-ASEAN said during the recent “Italy-Philippines: Discovering the Opportunities” webinar, co-organized by the Italian Chamber of...
The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
Thailand is like pointing its fingers back to themselves as the fellow ASEAN country urged Philippines to follow the multilateral trading body - World Trade Organization (WTO), which ruling Thailand ignored for the past 10 years. Thailand’s Department of Industry and Commerce was represented by...
Jason Brickman took an initial step in finally making his entry in the PBA after being one of the early applicants for the Rookie Draft slated March 14. The PBA’s official website said that the former playmaker of San Miguel Alab Pilipinas and Mighty Sports Philippines was one of six players who...
The decline in auto industry sales in ASEAN quickened as of October this year to 33.9 percent as sales further slowed down two months before the year 2020 ends. Data from the ASEAN Automotive Federation showed there were only 248,424 units sold in October bringing total regional sales to...
The Philippines lagged behind ASEAN countries in logistics development and investments as it concentrated in the services sector, but the country is expected to catch up as opportunities for investors abound. During a virtual webinar on Freeports to Free Shipping: The Evolution of Manufacturing,...
Global beverage giant Coca-Cola today announced the appointment of home-grown and returning Filipino talent Tony Del Rosario as president of Coca-Cola Philippines starting January 1, 2021. Del Rosario will also serve as vice-president of franchise operations for Coca-Cola East Region (PH,...
A major motorcycle manufacturer is relocating its engine production and assembly facilities from two ASEAN countries for consolidation in the Philippines, while a copper processing venture is keen on locating in Leyte, according to the Board of Investments (BOI). BOI Managing Head Ceferino S....
The Department of Trade and Industry (DTI) today released the regional information campaign materials as the agency warned consumers of misleading advertisements being peddled by enterprises to lure customers. “The DTI enjoins the general public to always practice your rights and responsibilities...
