OCEA, a French shipbuilding company, has pledged P1.5 billion in investments for a shipyard project in the Philippines that may potentially create 500-600 direct and indirect jobs, according to the Department of Trade and Industry. The investment pledge was revealed by OCEA Chief Executive Officer...
He leaves behind an unmatched legacy IN HIS PRIME Benny Tantoco in his younger years at the office Bienvenido R. Tantoco Sr., patriarch of the family behind the Rustan Group of Companies and former ambassador to the Holy See, passed peacefully Tuesday morning, July 6, 2021. Lolo Benny, as he was...
Brook Lopez of the Milwaukee Bucks blocks a shot by Bogdan Bogdanovic of the Atlanta Hawks during Game 5 of the Eastern Conference Finals of the 2021 NBA Playoffs on July 1, 2021 at the Fiserv Forum Center in Milwaukee, Wisconsin. (Photo by Scott Cunningham / NBAE / Getty Images / Getty Images via...
The Department of Trade and Industry (DTI) has widened the coverage of areas with higher operating capacities of business establishments in the National Capital Region (NCR), including the provinces of Bulacan and Rizal, but retained the ban on social activities in Laguna and Cavite. Trade and...
Rockwell Land Corporation is launching more projects as it expects earnings in the first half of 2021 to already exceed net income for the entire 2020 of P1.08 billion on the back of a strong recovery in its residential business. During the firm’s annual stockholders’ meeting, Rockwell Chairman...
Listed firm Pilipinas Shell Petroleum Corporation has unveiled its newly transformed world-class oil import facility in Tabangao, Batangas that has been christened as “SHIFT” – and that is in the site of its refinery which had ceased operations last year because of a business model deviation...
Employers and government agencies on Wednesday, (June 30) signed a manifesto that seeks to create 1 million jobs by end this year to help address the high unemployment rate in the country and bring it back to pre-pandemic level. The Manifesto on 1 Million Jobs for 2021-Partnership Project with the...
Trade and Industry Secretary Ramon M. Lopez has called on governments of the 21-member states of APEC to prioritize and make it easy for micro, small and medium enterprises (MSMEs), the region’s engine of growth, transition into the digital way of doing business, especially during this pandemic....
The Philippines will be prioritizing 7 sectors in the Philippines Skills Framework (PSF), an inter-agency initiative to build the skills and competencies of the country’s human capital and better prepare them for the work of the future as 48 percent of current jobs could be displaced by...
The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government’s largest fiscal stimulus package for businesses in the country’s history. Ahead of the July 10, 2021 deadline, Finance...
LeBron Lopez (FIBA photo) LeBron Lopez became the last cut of Gilas Pilipinas’ 12-man roster for the FIBA Olympic Qualifying Tournament which starts next week in Belgrade, Serbia. Lopez’s absence for the Tokyo Olympics qualifier came after the Samahang Basketbol ng Pilipinas announced its...
Lopez Holdings Corp. announced that its Annual Stockholders’ Meeting on August 5, 2021 will be held online over AGM@Convene. Its stockholders are invited to join via remote communication by first registering, and voting electronically or via proxy. Related documents may be found at the company...
