San Miguel Corp. (SMC) President Ramon Ang will accomplish more as a private individual than if he becomes president of the country, Foreign Affairs Secretary Teodoro Locsin Jr. said on Saturday, May 22. SMC President Ramon Ang and Foreign Affairs Secretary Teodoro Locsin Jr. (PCOO/FILE PHOTO/...
SB Corp., the government’s micro financing arm, has approved P4.03 billion in total loans from 28,610 applications as of mid-May this year as the government continues to support micro entrepreneurs recover from the impact of the pandemic. At the launch of the Shell Marilao Mobility Station, Trade...
Isuzu Philippines aims to hit 50 dealerships this year, following the establishment of its latest outlet in Subic for a strong hold in central Luzon market. IPC President Hajime Koso said at the signing ceremony for the auto dealership agreement with Velocity Motor Sales Corp. in Subic in the...
Microsoft unveils immersive education solutions to inspire educators in reimagining learning experiences Photo from Microsoft Navigating through virtual learning has been a challenge to educators last year. Keeping students engaged in live classes is already a tough toll. But with the pandemic,...
State-run Philippine Amusement and Gaming Corp. (Pagcor) said it remitted P1.6 billon in cash dividends to the government coffers in 2020, significantly lower than the P18 billion it turned in in 2019, as revenues from casino operations due to the pandemic. In a statement, Andrea Domingo, Pagcor...
AyalaLand Logistics Holdings Corp. (ALLHC) posted a 10 percent improvement in net income to P165 million in the first quarter of 2021, driven by tightened spending and cost-management initiatives amidst the challenging environment. In a disclosure to the Philippine Stock Exchange, the firm said...
The Clark International Airport Corp. (CIAC) lauded DITO Telecommunity Corp.'s P20.5 billion infrastructure investment in Clark as "a welcome respite to interrupted businesses because of the pandemic". DITO's Google campus-inspired data center which recently broke ground at the Clark Global City...
NLEX Corporation goes full blast on its major infrastructure projects, from the 8-kilometer NLEX Connector to the upgrade of the 5-kilometer Candaba Viaduct, despite community quarantine restrictions. “We are following our timelines and have contingencies in place to be able to accomplish our...
75 YEARS OF PH-US RELATIONS The US government has committed to continue extending economic assistance to the its ally the Philippines in the form of grants for infrastructure projects, investment insurance coverage, technical and sustainability assistance as both countries marked their 75...
AyalaLand Logistics Holdings Corporation (ALLHC) Group, a unit of property giant Ayala Land Inc., has acquired Technofreeze, a cold storage facility in Laguna. In a statement, ALLHC said Technofreeze has a proven track record of serving companies with diverse products such as processed meat...
Trade and Industry Secretary Ramon M. Lopez said the loan take up of micro enterprises at the SB Corp., the micro financing arm of the government, has started to pick up. According to Lopez, the loan take up has already improved from about 200 applications a week only at the start to...
JG Summit Holdings, Inc., the highly-diversified flagship of the Gokongwei group, reported a 98 percent fall in core net income to P450 million last year mainly due to the losses of its airline and petrochemicals businesses during the pandemic. In a disclosure to the Philippine Stock Exchange, the...
