Max’s Group, Inc. (MGI), the Philippines’ largest casual dining restaurant group, reported a net income of P392 million for the first half of 2021, a turnaround from its P603 million first-half loss last year. In a disclosure to the Philippine Stock Exchange, the firm said net income amounted...
As a commitment under the Joint Declaration of the Philippines-Australia Comprehensive Partnership, senior ministers from both countries have endorsed their Plan of Action for 2021-2022 as a significant step towards the elevation of bilateral relations into a strategic partnership in the near...
Investments to Philippine startups reached $547 million as of 2020, including $50 million poured into local startups, according to Trade and Industry Secretary Ramon M. Lopez. In a keynote speech at the virtual Manufacturing Summit 2021, Lopez revealed that $547 million have been invested to...
San Miguel Corporation (SMC) has reached its goal of vaccinating over 80 percent of its workforce nationwide, with more than 56,000 employees and extended workers receiving either their first or second doses of COVID-19 vaccine. This comes after the company’s “Ligtas Lahat” vaccination task...
Hidilyn Diaz and Ramon S. Ang San Miguel Corp. (SMC) President Ramon S. Ang personally handed the P10 million check to weightlifter Hidilyn Diaz as part of her incentive for winning the country’s first Olympic gold medal in the Tokyo Games. The incentive is Ang’s personal gift to Diaz, a...
Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
If he would have his way, Department of Labor and Employment (DOLE) Secretary Silvestre Bello III would not extend the enhanced community quarantine (ECQ) beyond Aug. 20. (File photo/ Screengrab from Zoom meeting) "Frankly my personal position would be to give a break to our workers. Kung ituloy...
Youth leaders of Asia find mentorship and guidance from Ramon Magsaysay Award laureates YOUTH QUAKE With the recent celebration of Youth Day, this week's issue of the Philippine Panorama brings to light the potential and the issues of the youth today (Illustration by Diitka Laya Kashyap , cover...
Around 160,000 business establishments will be as risk if and when the current enhanced community quarantine (ECQ) in Metro Manila gets extended beyond Aug. 20, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. A restaurant staff cleans a table to prepare for the arrival of diners...
Instead of an extended enhanced community quarantine (ECQ) in Metro Manila, Department of Trade and Industry (DTI) Secretary Ramon Lopez said he would rather have a deescalation of the restriction to a modified enhanced community quarantine (MECQ) with granular lockdowns. DTI Secretary Ramon Lopez...
The domestic plastics industry has been alarmed by the passage in the Lower House of HB 9147 (Single-Use Plastic Products or SUPs Regulation Act) and HB 9171 (Plastic Tax Act), imposing P20 per kg. excise tax on plastic bag products, which seek to curb the plastic waste problem. Photo credit:...
EDITORS DESK Ramon Bonilla With the Olympic fever slowly fading from national consciousness and the Filipino winners now settling into their brandnew life of the rich and famous after a performance to remember in Tokyo, the question now lies on the sports leaders on how they will value time and...
