Cebu-based fuel distributor and retailer Top Line Business Development Corp. is planning to raise fresh capital next year through the issuance of preferred shares to fund its continued expansion, including its venture into fuel importation. In a disclosure to the Philippine Stock Exchange (PSE),...
As one of the country’s longest standing financial institutions, HSBC Philippines marks 150 years of its continuous contribution to the country’s growth, underscoring its role as the enabler of trade, investment, and economic progress. Since opening its first branch in Manila in 1875, HSBC has...
The influential Makati Business Club (MBC), which represents the country’s top executives, is urging the government to implement sweeping institutional reforms in the agriculture sector, which it argues is essential to narrow the massive wealth gap between the rich and the poor. Speaking at the...
Business groups have called on the Marcos administration to hold public officials involved in the flood control scandal accountable, as economic growth slows to a four-year low amid weakening business sentiment. In separate statements, the Makati Business Club (MBC) and the Federation of Philippine...
Senate Majority Leader Juan Miguel “Migz” Zubiri hailed the new memorandum of agreement between the Anti-Red Tape Authority (ARTA) and the Office of the Ombudsman, considering it a decisive enforcement tool to give the Ease of Doing Business law more bite to combat government red tape. “This...
The Makati Business Club (MBC) is urging the government to streamline policies and intensify efforts to reduce landfill waste ahead of the upcoming Green Energy Auction (GEA), which will include waste-to-energy (WtE) technologies. In a briefer, the influential business group noted major gaps that...
Manila Mayor Francisco "Isko Moreno" Domagoso urged business and property owners in the city to avail themselves of its General Tax Amnesty and huge Real Property Tax (RPT) discounts for early payers as part of the city 's expanded efforts to help taxpayers keep up with their dues while...
A top executive of a local car dealership has credited reforms under Manila Mayor Francisco “Isko Moreno" Domagoso for helping restore investor confidence in the city. Paul Tionson, executive of NXT Mile Motors, Inc., made remarks during the opening of the company’s first Suzuki Auto dealership...
The country’s top information technology and business process management (IT-BPM) group stated that it is aligned with the government in upholding the integrity of the sector following the naming of companies allegedly violating workers’ rights in the aftermath of the 6.9 magnitude earthquake...
The country’s leading group of information technology and business process management (IT-BPM) firms opposed the “premature” identification of six companies that supposedly violated employees’ rights during the deadly 6.9 magnitude earthquake in Cebu, arguing that it could be detrimental to...
Senator Camille Villar has filed a bill seeking stronger protection for business process outsourcing (BPO) workers. Villar filed Senate Bill No. 1401 or the “BPO Workers’ Welfare and Protection Act” which seeks to institutionalize comprehensive safeguards for employees in the outsourcing...
Top Line Business Development Corp. is investing ₱385.12 million for its fuel importation and distribution businesses as it continues to expand its operations in the Visayas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors has approved the additional...
