Lexus marks 12th year in Philippines
Toyota’s high-end unit, Lexus, is celebrating 12 years in the Philippines – a milestone that represents Filipinos’ trust and satisfaction in the luxury lifestyle automotive brand......»»
MerryMart ventures into wholesale trade
MerryMart Consumer Corp., the grocery chain of tycoon Edgar “Injap” Sia II, is expanding into wholesale operations, competing with other wholesale superstores such as Landers and S&R......»»
Over 50 business groups back passage of CREATE
Over 50 business groups have joined the call for the immediate enactment into law of the Corporate Recovery and Tax Incentives for Enterprises bill, noting every day of delay puts the country at risk of losing more jobs and investments amid the COVID-19 pandemic......»»
SEC clears PNB asset transfer
The Securities and Exchange Commission has allowed Philippine National Bank to transfer its low-earning assets to a wholly owned holding firm in a bid to strengthen the bank’s financial position......»»
NTC exceeds 2020 collection target by 53%
The National Telecommunications Commission exceeded its collection target by more than half last year despite the challenges brought about by the COVID-19 pandemic......»»
AboitizPower keeps lead in generation output
Aboitiz Power Corp. remains the leading power generator in the country, based on latest data from the Department of Energy......»»
Lessons from an interview
I enjoyed the interview conducted by David Rubenstein, and his subject at that time happened to be the wealthiest person in the world Jeff Bezos......»»
Ayala vehicle unit plans more launches
The vehicle distribution business of Ayala Corp. is planning to launch at least six vehicle models and open six company-owned dealerships within the year in line with its aim to increase its market share by 2025......»»
Philippines Inc. renews call for passage of CREATE
Businessmen on Friday renewed their call for the passage of the Duterte administration's revised corporate tax reform, saying the measure would serve as companies' main fix to the destruction of the coronavirus pandemic......»»
AirAsia launches e-commerce shop in Philippines
Low-cost carrier AirAsia is tapping the country’s huge e-commerce market potential as it brings airasia shop to the Philippines......»»
EDC starts P1.3 billion expansion of BacMan geothermal plant
Lopez-led Energy Development Corp. has kicked off the construction of the P1.3-billion expansion of the Bacon-Manito geothermal power plant......»»
FMIC/UA& P study shows Philippines to expand up to 6.5% in 2021
The economy can be expected to return to a growth path of 5.5 up to 6.5 percent this year, supported largely by increased remittances from overseas and government spending, according to the investment banking arm of the Metrobank Group......»»
MPIC commits to global sustainability alliances
Metro Pacific Investments Corp. committed to two sustainability alliances, geared toward perpetuating the global standards of monitoring the sustainability initiatives of corporations......»»
Customs seizes P10.63 billion smuggled goods last year
The Bureau of Customs seized P10.63 billion worth of smuggled goods in 2020 as it continued to conduct operations to strengthen the country’s border security even amid the coronavirus pandemic......»»
Holcim to spend P121 million for waste management
Holcim Philippines Inc. will pour in P121.5 million to improve its waste management capabilities......»»
BSP: Shift to coinless society likely by 2025
The Bangko Sentral ng Pilipinas expects the country to shift to a “coinless” society by 2025, made possible by the rollout of the national ID system that is enabled by quick-response codes......»»
DA officials reshuffled
The Department of Agriculture reshuffled officials in key positions as part of its strategy to improve the performance of the farm sector this year......»»
ADB backs innovative partnerships for financing infrastructure projects
The Asian Development Bank is urging developing member countries to explore innovative partnerships to fund crucial infrastructure projects at a time when government resources are challenged by pandemic response......»»
Global body endorses BDO’s Sustainable Finance Framework
BDO Unibank Inc.’s Sustainable Finance Framework has recently been given the endorsement by Sustainalytics, a leading independent environmental, social and governance research and ratings provider based in New York......»»
Third year of decline pulls down PEZA investments to 14-year low
Risk aversion last year reached even the country’s largest economic zone operator where tax perks are offered in exchange for placements......»»