Top Line Business Development Corporation, a Cebu-based fuel retailer planning an initial public offering, reported a record high net income of P90.5 million in the first nine months of 2024, a 157 percent surge from P35.2 million for the same period in 2023. In a statement, the firm said its...
BY CARLOS RHEAL CERVANTES I recently wrote an essay in Filipino and sent the draft to my son, Carl Lorenz Cervantes. Carl is a researcher, psychologist, and university lecturer who has given talks on Filipino psychology for various organizations and conferences. His work has been published in...
Since childhood, I've been exposed to tax seasons every year. My father has been in public practice since I was a kid, so I could see and experience how stressful it is. But looking back, I appreciate being in public practice more than any other industry—commerce, government, education, you...
Cebu-based fuel retailer Top Line Business Development Corporation is again eyeing an initial public offering (IPO) but has significantly reduced the offer size to P900 million from P3.16 billion. In a statement, the firm said it optimized its total issued and outstanding common shares for its IPO...
Photo from Pasay PIO The Pasay City government announced that business permit renewal in the city has been extended from Jan. 21 to Jan. 25 to give businesses not able to beat the Jan. 20 deadline to renew their permit. Pasay City Mayor Emi Calixto-Rubiano issued the order based on...
In this age of social media and the internet, it is easy to browse and search for motivational quotes, videos, or clips to find inspirational content. Many of the things we view are well-designed and enticing. They are often concise, relatable, and emotionally resonant. They can provide a quick...
I asked PNB's Economist and Research Head Alvin Arogo about the 2024 economic results. He said the Philippine economy grew by 5.8 percent during the first 9 months of 2024 and is on track to expand at a faster rate compared to 5.5 percent in 2023. Key components that outperformed were construction...
Noah Lapuz (Courtesy of 1507 Media) This was the case when long-time Formula 1 (F1) photojournalist Kym Illman featured a Filipino on a post that appeared in both his Instagram and TikTok accounts during the Qatar Grand Prix (GP) of last year’s F1 season. Illman, who has been covering F1...
Strategic planning is more critical than ever as organizations gear up to navigate the challenges and opportunities of the coming year. This period, typically dedicated to annual goal-setting and resource allocation, provides businesses with an opportunity to reflect on past performance and chart a...
Gerry Z, my golfing buddy, messaged me about my availability to join a select group of journalists to break bread with Francis Chua, to which I readily agreed, curious about the developments at the Bank of Commerce, which he chairs. It would also be my first face-to-face interview with a news...
Bohol's economy surged by 6.6 percent in 2024, exceeding the national average of 5.5 percent, fueled by a global "revenge travel" phenomenon that revitalized the tourism industry. According to the Philippine Statistics Authority (PSA), Bohol's gross domestic product (GDP) reached P182.4 billion (at...
Senator Sherwin Gatchalian has called for sustained action against Philippine Offshore Gaming Operators (POGOs) to ensure that the industry's remnants are effectively purged. “More than ever, we need to sustain our efforts to clear out all criminal syndicates that are products of POGOs. We must...
