Trade and Industry Secretary Ramon M. Lopez has batted for a change in the bidding procedure for government procurement of critical products, such as personal protective equipment (PPEs), that will give local manufacturers first crack in the supply contract over foreign bidders. At the virtual...
Diversified conglomerate San Miguel Corporation (SMC) is coming clean on its next wave of energy investments, turning it s back on the industry’s old time favorite base coal plants to focus its fresh capital infusion into renewable energy (RE) installations. “We’re executing on our plans to...
Some of which we can apply right now COHORTS GALLERY RYAN CAYABYAB Musician, National Artist Philippines Learn to love your own culture, to generate more creative songs. Express your own feelings and stories. When the regional gets into the mainstream, we will be on the way to being global. * KIM...
The country’s exports continued to recover, growing 29.8 percent in May this year, spurred by the reopening of major economies globally. Data from the Philippine Statistics Authority (PSA) showed that exports in May this year reached $5.89 billion compared to $4.54 billion in May 2020. The...
Trade and Industry Secretary Ramon M. Lopez has batted for continued support such as loan moratorium, rent relief and industry support funds to troubled micro, small and medium enterprises (MSMEs) as the way forward to recovery. At the virtual hearing by the Senate committee on trade, commerce, and...
San Miguel Corporation (SMC) reported that its “Ligtas Lahat” vaccination drive for A4 workers now covers major cities outside Metro Manila, where the company has significant operations and employees. 17959 From July 2 to July 8, the company, through partnerships with government agencies, local...
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...
San Miguel Corporation (SMC) said that it will start collecting toll fees on Skyway Stage 3 starting July 12, nearly seven months after providing free use of the elevated expressway to the public. SMC Skyway 3 (File photo/ MANILA BULLETIN) In a statement on Tuesday, July 6, SMC said it will use a...
PHINMA Education’s Laguna Network has partnered with local microfinance institution Center for Agriculture and Rural Development Mutually Reinforcing Institutions (CARD MRI) to bring accessible, quality education to underserved students in Laguna and neighboring provinces. In a statement, PHINMA...
Senator Ramon “Bong” Revilla, Jr. on Monday, July 5 said he is thankful after the Sandiganbayan acquitted him of all 16 graft charges that are related to the so-called pork barrel fund case or the Priority Development Assistance Fund (PDAF) scam. In its decision, the Sandiganbayan granted...
The Philippine Stock Exchange is bullish about the prospects of capital raising activities by local firms this year and hopes to equal if not surpass the all-time high P228.33 billion raised in 2012. In an interview after the PSE annual stockholders’ meeting, PSE President Ramon S. Monzon noted...
The Philippine Stock Exchange, Inc. (PSE) reported that companies raised a total of P122.46 billion in capital through the bourse during the first half of the year, 18 percent more than the P103.76 billion raised in the entire 2020. 16451 Capital raising activities for the period included two...