Globe, a leading telco and expanding technology company in the Philippines, has earned a spot on the inaugural Fortune Southeast Asia 500 list, cementing its stature as one of the largest companies in the region. Globe ranked 111, with revenues at $3.240 billion and profits of $441 million as...
Despite the number of electrified vehicles in the market increasing, many are still wary of making the shift to electric cars. After all, it’s not just a new vehicle, but also a whole new way of refueling. There are also many hybrids on offer, but these are still quite pricey for the average car...
In the rapidly evolving digital landscape, customer experience (CX) has emerged as a crucial differentiator for businesses aiming to stay competitive. The accelerating advancement of technology and the shift towards digital platforms have fundamentally transformed how businesses interact with their...
Shakey’s Pizza Asia Ventures Inc., the Po family’s holding company for its restaurant businesses, still expects to grow its revenues and net income by “mid-teens” despite challenges posed by the higher interest and high inflation environment. Shakey’s President Vicente Gregorio During the...
PLDT’s wireless subsidiary Smart Communications, Inc. (Smart) and its B2B arm PLDT Enterprise have signed a Memorandum of Understanding (MOU) with GSMA, the organization representing mobile operators globally, to join GSMA's Open Gateway initiative. In a statement, PLDT said GSMA's Open Gateway...
East Zone concessionaire Manila Water Co. Inc. said that the replacement of the outdated water mainline in Guadalupe, Makati, will be completed before the end of the year. In a statement, Manila Water said that the project, estimated at P47 million, involves the upgrade of the 500-millimeter (mm)...
Suzuki Philippines is delighted to announce the "Suzuki Rainy Deals" promotion, designed to bring sunshine to the rainy season with amazing offers on select Suzuki vehicles. From June 15 to June 30, 2024, customers can take advantage of low down payment options, substantial cash discounts, and...
Publicly-listed energy and water company Vivant Corporation (VVT) of Cebu signed a collaboration agreement with Ayala Land, Inc. (ALI) for the Kan-Irag Ecosystem Biodiversity Project last May 2024. In a statement, Vivant said the partnership will foster efforts in sustaining and preserving...
Last month, Bernhardt’s Rockwell showroom became a hotspot for architects, interior designers, furniture enthusiasts, and notable personalities. The exclusive distributor, Home Mavericks Inc., officially introduced the latest innovation in luxury furniture—the Power Motion collection. Jeff...
Electrical engineers from Davao Light and Power Co. Inc. (Davao Light), a distribution utility of Aboitiz Power Corp., have been recognized as globally competent professional engineers after they were conferred the title of Association of Southeast Asian Nations Chartered Professional Engineers...
Tycoon Andrew Tan’s Travellers International Hotel Group (TIHGI), owner and operator of Newport World Resorts (NWR), has named Laurence Hawke as its new Chief Financial Officer effective July 2024. In a statement, TIHGI said Hawke joins the Philippines’ pioneer and largest integrated resort’s...
Real estate giant Ayala Land, Inc. (ALI) of the Zobels is buying out the Aboitiz Group’s 50 percent stake in Cebu District Property Enterprise Inc. (CDPEI) for P1.81 billion. In a disclosure to the Philippine Stock Exchange, ALI said it has entered into a share sale and purchase agreement...