The House Committee on Public Works and Highways has begun discussions on the proposed measures amending Republic Act No. 10752, otherwise known as the Right-of-Way Act. Surigao del Sur Rep. Romeo Momo, chair of the House Committee on Public Works and Highways, presides over the initial...
BANGKOK, Thailand—Thai conglomerate CP Group has pledged to make additional investments in the Philippines, following a meeting with President Ferdinand "Bongbong" Marcos Jr. here. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the Press Secretary) During a dinner...
The Trevolution Group, which operates International Travel Network (ITN), Asaptickets, Skyluxtravel, Aviajet, and other travel brands, sold 100,000 tickets on flights between the United States and the Philippines in the first ten months of 2022, ten percent more than during the same period in 2019...
The House Committee on Social Services has approved the consolidation of a measure, which seeks to institutionalize the Assistance to Individuals in Crisis Situation (AICS) Program of the Department of Social Welfare and Development (DSWD). Distribution of DSWD’s Assistance to Individuals in...
Century Properties Group, Inc. (PSE:CPG) reported a six percent growth in net income to P1.14 billion in the first nine months of 2022 from P1.08 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its performance is in synch with the country’s...
Aboitiz Group President and CEO and APEC Business Advisory Council (ABAC) Philippines’ member Sabin Aboitiz underscored the importance of workers calling them the “heart and soul” of economies at the opening of ABAC-APEC Summit meetings in Bangkok on Monday, Nov. 14. As Co-Chair of the ABAC...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Andrew Tan, reported a slight decline in net income to P17.1 billion in the first nine months of 2022 from the P17.33 billion posted in same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
Globe Telecom Inc. reported a 48 percent increase in net income to P26.5 billion in the first nine months this year versus same period last year while consolidated service revenues hit P118 billion, up three percent year-on-year. Globe said the huge jump in net income was due to one-time gains from...
Max’s Group Inc., the country’s largest casual dining restaurant group, reported an 82 percent improvement in net income to P427 million in the first nine months of 2022 from P234 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm noted that last...
LT Group, Inc. (LTG), the flagship of taipan Lucio Tan, reported a 105 percent surge in attributable net income to P20.41 billion for the first nine months of 2022 from the P9.95 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco...
Philippines and Cambodia have identified complementary sectors for potential mutual cooperation during a CEO roundtable meeting as part of President Ferdinand R. Marcos Jr.’s visit to Cambodia for the 40th and 41st ASEAN Summits and Related Summits. Trade and Industry Secretary Alfredo E. Pascual...
Asticom Group of Companies, Globe Group's shared services provider, targets to employ 15,000 more in the next three to five years from the current 5,000 Filipinos nationwide. Now on its seventh year of operation, Asticom is expanding its operations, targeting small and medium-sized enterprises...
