The Maynilad Water Service Inc. announced the implementation of water service interruptions in four southern Metro Manila cities starting Friday, Feb. 17 until Feb. 20. According to the Maynilad announcement, the water service interruption is due to the prolonged high turbidity brought by "amihan"...
After amassing more than 123 million indicators of compromise to combat cyber-attacks, PLDT Inc. and Smart Communications, Inc. last year foiled over 182 million attempts to breach the group’s digital infrastructure. The human factor is a major contributor to cybersecurity incidents, according to...
STI Holdings reported a 299 percent surge in net income to P223.4 million for the first six months of its fiscal year (FY)ending June 30, 2023 from the P56 million earned during the same period in FY 2022. The company, which owns and operates one of the biggest networks of private schools in the...
Manila Water Company is set to spend P833 million for projects slated for implementation this year to expand its services in Rizal Province which include 23 mainline extension and individualization projects. In a statement, the utility said this is in line with its mission to deliver world-class...
Bakery chain Balai ni Fruitas is expanding the distribution of Balai Pandesal baked goods in Cebu by tapping supermarkets and convenience stores. In a disclosure to the Philippine Stock Exchange, the firm said this is in line with its strategic objective to make its products more accessible to...
Union Bank of the Philippines has appointed its Senior Executive Vice President Henry Rhoel R. Aguda as President and Chief Executive Officer of subsidiary UnionDigital Bank Inc. In a disclosure to the Philippine Stock Exchange, the bank said its Board of Directors has approved the secondment of...
Sun Life of Canada (Philippines), Inc. has launched a limited-pay whole-life insurance product with a savings component that offers guaranteed cash value and lifetime guaranteed cash benefits. In statement on Wednesday, Feb 15, Alex Narciso, Sun Life Philippines president, said the new protection...
Smart offers buy now, pay later scheme Emmie V. Abadilla Smart Communications, Inc. teamed up with Silicon Valley-based fintech startup Plentina so customers can buy pre-paid load via the latter's mobile app. Under the partnership, Smart subscribers can access a Buy Now, Pay Later service to take...
Wilcon Depot, the Philippines' leading home improvement and construction supply retailer, supports Go Negosyo, a non-stock, non-profit organization, and the advocacy of the Philippine Center for Entrepreneurship (PCE) in their free mentoring sessions for active and aspiring entrepreneurs in the...
Cemex Holdings Philippines Inc. (CHP) reported a consolidated net loss of P1.0 billion for 2022, 238 percent lower than its P725.5 million profit in 2021, mainly as a result of lower sales and foreign exchange losses. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated...
From left: Nellibeth V. Mercado, DSWD Division Chief, Pantawid Pamilyang Pilipino Program; Barry R. Chua, MD, DSWD Regional Director IV A; Mark Dewey Sergio, Managing Director, Knauf Gypsum Philippines, Inc.; and Lo Sarmiento Finance Head, Knauf Gypsum Philippines, Inc. Knauf Gypsum Philippines,...
Big bakers will start implementing higher prices on Pinoy Tasty and Pinoy Pandesal today, Valentine’s Day, almost a week after the Department of Trade Industry announced price adjustments in the suggested retail price (SRP) on basic necessities and prime commodities (BNPCs). Jerry Lao, president...