Business optimism in the Philippines still remained sluggish with less than 50 percent of mid-market businesses have slightly or very optimistic outlook for the next 12 months. The latest figures from Grant Thornton’s International Business Report (IBR) which gathers responses from nearly 5000...
Globe’s recently acquired professional and managed services arm, Cascadeo, won Managed Services Provider (MSP) of the Year at the Channel Partner Insight Innovation Awards 2020. “Whether it's in the US or in the Philippines, Cascadeo sets the benchmark that today's best services are powered...
Multisectoral groups, comprising of 51 largest and widely-represented private sector associations, have urged for the immediate enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill to boost market confidence, save jobs and provide instant relief to businesses’...
Shared services provider Asticom Technology, Inc., wholly owned by Globe Telecom Inc., is launching its first subsidiary, Asti Business Services, Inc. (ABSI) in a bid to climb on top of the P11.250 billion Information Technology-Business Support Office (IT-BSO) market and be a regional player...
Dimples Romana Award-winning actress Dimples Romana has announced that she and her husband Boyet Ahmee ventured into a posh restaurant business called Alegria in Singapore. On Instagram, Dimples said that the restaurant is now being constructed and will open during the first quarter of...
Meralco PowerGen Corporation (MGEN), a power generation investment subsidiary of Manila Electric Company (Meralco) has acquired 86-percent shareholdings of affiliate firm Global Business Power Corporation (GBP) for P34.466 billion. The stake acquisition by MGEN was carried out through the transfer...
Photo courtesy of Dimples Romana Just like any mother, actress Dimples Romana is proud of her daughter Callie for launching her own online bag business called Cal the Brand. On Instagram, Romana praised her 17-year-old daughter for "slaying life early and championing Filipino pride and...
Having an important role in helping boost recovery during this pandemic, Small Business Corporation (SBCorp), the financing arm of the Department of Trade and Industry (DTI), was assigned a high Issuer Credit Rating of PRS A minus (corp.). Philippine Rating Services Corporation...
Their business gives Thai cuisine a unique twist Photos courtesy of Hajjie and Aldrain Valencia After losing their jobs as managers amid the coronavirus pandemic, this couple decided to open their own sticky rice business. In an interview with journalist Karen Davila, Hajjie and Aldrain Valencia...
Bangko Sentral ng Pilipinas (BSP) surveys showed consumer and business sentiments are improving with the resumption of economic activity – despite still being limited – and other developments in the fight against COVID-19 outbreak. The BSP’s Business Expectations Survey (BES) for the fourth...
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The Philippines has been advised to push for a more doable sectoral bilateral trade agreement with the US before rolling to a more comprehensive free trade agreement, if not push for a wider US-ASEAN FTA under the new Biden administration. Amb. Michael W. Michalak, senior vice-president and...