Royal Cargo Inc. (RCI), the country’s largest integrated logistics company, is investing P1.4 billion to expand its pharmaceutical logistics facility in a five-hectare lot in Laguna in anticipation of the growing capacity requirement. RCI Chairman Michael Raeuber revealed the new investment at...
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...
With the expiration of the Bayanihan to Recover As One ("Bayanihan 2") Act, the Land Transportation Franchising and Regulatory Board (LTFRB) was left with no choice but to temporarily suspend its service contracting program, which for the past few months facilitated free rides in public utility...
Housing developer 8990 Holdings, Inc. is planning to launch its P10.4 billion Urban Deca Tower Cubao, designed for end-users who are eyeing to buy their first home, in the second half of 2021. In a disclosure to the Philippine Stock Exchange, the firm said the project is located along EDSA...
Eight officials of Barangay Carmona, Makati, including its chairman, were suspended for 90 days for neglecting to submit and enact the barangay annual investment program and budget in 2019 and 2020, according to the local government unit (LGU) of Makati City. The city government said the suspension...
Employers strongly urged the government to speed up reopening of the domestic economy, warning that the huge stimulus packages would just all be for naught if the economy remains on lockdown as business edges into a black hole. At the opening of the virtual 42nd National Employers Conference on the...
After 23 years at the helm of PLDT Inc., Manuel V. Pangilinan today (June 8) officially passed his baton as President and CEO baton to chief revenue officer Alfredo "Al" S. Panlilio during the telco's virtual annual stockholders' meeting. ASPanlilio-1000x620 Pangilinan, 75, stays on as chairman of...
A notorious supplier of illegal drugs and a Sangguniang Kabataan (SK) village leader were arrested by anti-narcotics operatives in a buy-bust operation in Pasay City on Monday night (June 7). ELEONOR ODTUHAN (PASAY CITY POLICE / MANILA BULLETIN) Police identified the suspects as Eleonor Odtuhan,...
The chairman of Barangay 171 in Caloocan City has been suspended for 60 days following the unauthorized operation of a resort in his village, which also led to violation of health measures against COVID-19. Romeo Rivera, who is facing administrative charges for gross neglect of duty and conduct...
Mandaluyong City Mayor Menchie Abalos and Metropolitan Manila Development Authority (MMDA) Chairman Benhur Abalos presented on Wednesday the suspect in the alleged "bakuna for sale" scheme who voluntarily surrendered to them. (Photo from MMDA) The suspect, identified as Kyle Bonifacio, turned...
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public. The PSE said these executives will be part of a...
Excavation works by private companies on major roads in Metro Manila should be synchronized with proper authorities t o ensure minimal effect on traffic, Metropolitan Manila Development Authority (MMDA) Chairman Benhur Abalos said. MMDA Chairman Benhur Abalos (Photo from MMDA Facebook page) Abalos...
