The daily toils, challenges, pains, and uncertainties of life shroud people from noticing and appreciating the good things that are happening all over. A miracle is a very profound happening as it is both objective and subjective. What seems a miracle to John may be a common thing to Paul. It can...
AyalaLand Logistics Holdings Corporation (ALLHC), the industrial arm of Ayala Land Inc., has acquired a warehouse facility in the Light Industry & Science Park III in Sto. Tomas, Batangas for P1.24 billion. In a disclosure to the Philippine Stock Exchange, ALLHC said it acquired the ready-built...
NLEX Corporation, a member of the Metro Pacific Group, has retained its the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate Bonds worth P8.6 billion. Obligations rated PRS Aaa are of the highest...
The Insurance Commission (IC) lauded the state-owned Philippine Crop Insurance Corp. (PCIC) and CARD Pioneer Microinsurance, Inc. (CPMI) for an agreement on agriculture insurance. In a statement, Insurance Commissioner Dennis B. Funa said the co-insurance agreement between PCIC and CPMI would help...
The Senate on Wednesday adopted a resolution that recommends the filing of charges against Department of Energy (DOE) Secretary Alfonso Cusi and other officials of the department who are involved in the approval of the sale of the participating shares of Chevron in the Malampaya gas field. The...
The Senate unanimously approved on third and final reading the bill seeking to amend certain sections of the Philippine Deposit Insurance Corp. (PDIC) Charter, and make it an attached agency of the Bangko Sentral ng Pilipinas (BSP). Voting 23-0-0, the Senate passed during its hybrid plenary session...
A joint report by First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) raised their growth forecast for 2022 to 7.0 percent from 6.0 percent stating the economic recovery is back on the fast growth lane. In the January issue of the Market Call, FMIC and UA&P...
The Anti-Money Laundering Council (AMLC) has recognized the Philippine Amusement and Gaming Corp. (PAGCOR) for its contribution in fighting money laundering and financing of terrorism. In a statement, the government’s gaming regulator and operator said it received commendation from AMLC for its...
nlex-1024x576 After serving over 119 million motorists last year, NLEX Corporation is enhancing its systems for better customer service in 2022, the toll operator announced. The initiative includes installing Radio Frequency Identification (RFID) early detection feature, along with software...
Manulife Investment Management and Trust Corp. (Manulife IM Philippines) launched a new unit investment trust fund (UITF) focused on the technology sector. Manulife Global Technology Equity Feeder Fund will offer a growth-oriented, professionally managed and diversified approach to investing in the...
Universal Robina Corporation (URC), the food and beverage unit of JG Summit Holdings, has installed solar panels on its facilities in Thailand as part of its environment-friendly push in the Philippines and overseas. In a statement, URC said its Thailand subsidiary has finished installing solar...
Guji Lorenzana Ingrooves Music Group, a world leader in music distribution, marketing and technology, has named Guji Lorenzana Country Manager of the Philippines. The company’s continued expansion into Asia includes signing the Philippines-based Curve Entertainment label to a global distribution...
