Business and Finance
More stories
-
LRMC, Alstom, and Bouygues partner with Binhi Foundation to provide access to quality education
LRT-1 private operator Light Rail Manila Corporation (LRMC) further beefs up its partnership with Binhi English Literacy Foundation, a non-profit and non-governmental organization, as it engaged its partner companies Alstom and Bouygues in supporting more classes for its advocacy of nation-building through quality education. Started in School Year 2020 – 2021, the partnership between LRMC […] More
-
Packaging Company Betafoam Rebuilt Itself From The Ashes with The Help of This Energy Expert
How does one rebuild from literal ashes? You do it with strength, character, a lot of optimism, and the right partners. For Betafoam Corporation, an insulation and packaging company located in Dasmariñas, Cavite, this holds true. During the pandemic, Betafoam increased its operations for products that saw higher demand, including packaging for essential goods and […] More
-
Grab Philippines celebrates Buwan ng Tagapaghatid, recognizes and champions Grab driver- and delivery-partners
Grab Philippines has dedicated the month of November as Buwan ng Tagapaghatid – celebrating the invaluable contributions of Grab drivers and delivery-partners through month-long activities culminating on 28 November, Sunday. Grab Philippines has become more than just a source of livelihood opportunities for its partners. Over the years, Grab Philippines has deepened its relationship with […] More
-
UnionBank UPAY for MSME: Helping level the playing field for the country’s growing number of MSMEs
Filipinos are now utilizing digital payments more than ever. Last month, the Banko Sentral ng Pilipinas reported that digital payments made up 20.1 percent of all transactions in 2020, more than double the figure from two years ago of 10 percent. This strong momentum is creating opportunities particularly for enterprising Filipinos who engage in e-commerce. […] More
-
CIIE generates USD 597.34M in export sales for the Philippine food sector
The Center for International Trade Expositions and Missions (CITEM) celebrates another milestone for the food export industry as the Philippines’ hybrid event participation in the Chinese International Import Expo (CIIE) held last November 5-10, 2021 at the National Exhibition Center in Shanghai, China delivered over USD597.34 Million worth of onsite export sales. China stands as […] More
-
RCBC’s DiskarTech bags regional IDC award for digital resiliency
Yuchengco-led Rizal Commercial Banking Corporation’s (RCBC) financial inclusion super app DiskarTech bagged the Special Award for Digital Resiliency at the 2021 IDC Future Enterprise Asia Pacific Regional Awards for displaying its ability to adapt to business disruptions especially during the pandemic. “As we move towards a better normal, DiskarTech remains committed in its mission to […] More
-
Redefining the telecommunications industry, Converge Time of Day bags 3 international awards in 2021
In line with Converge ICT Solutions, Inc.’s commitment to defying the status quo and disrupting the Philippine market, the company continues to make a mark in the telecommunications industry through its multi-awarded product, Time of Day. Seven months after its launch, Time of Day bags recognitions from international awarding bodies 2021 Asian Technology Excellence Awards, […] More
-
SM Supermalls prioritizes MSMEs through its ongoing SM StartUp Package offering
The recent launch of SM Supermalls’ SM Start-Up Package has ignited new hope and inspiration for MSMEs in the country, most especially those affected by the pandemic and prolonged lockdowns. Considered the backbone of the economy, MSMEs account for 99.5% of all enterprises and employ 63.2% of the labor force as of the end of […] More
-
Meralco’s nine-month performance showcased massive service improvements
Two years into the coronavirus outbreak, there is no denying that the world has changed. At the onset of the pandemic in 2020, governments all around the world scrambled to find ways to contain the pandemic. The virus also unleashed a deadly blow to the global economy, disrupting supply chains and forcing businesses to halt […] More
-
GCash’s Martha Sazon named ‘CEO of the Year’
Martha Sazon, president and CEO of GCash, the leading mobile wallet company in the country, was named “CEO of the Year” at the prestigious IDC Future Enterprise Awards – Philippines. Sazon was recognized for leading GCash’s exponential growth and making Filipinos’ lives better through the mobile wallet app’s digital financial products and services. Aside from […] More
-
ABS-CBN’s quarterly losses narrow down to Php400 million
As indicated by its narrowing quarterly losses, ABS-CBN is likely on track to profitability. After bleeding a massive PhP7.3 billion net loss from January to September 2020, ABS-CBN has trimmed down its losses to just PhP3.78 billion for the same period this year. That’s a 48% improvement, although the company remains in the red. Revenues […] More
-
ABS-CBN records a net loss of 48% lower compared to last year’s report
From January 2021 to September 2021, ABS-CBN recorded a net loss almost a half lower than its net loss in the same period last year. In July 2020, ABS-CBN failed to secure a new franchise as Congress voted to reject its bid. The Network was then forced to leave free TV and shut down most […] More
-
Sitel Group® Celebrates Max Week 2021 With Contests, Forums And Online Concerts
, Sitel Group®, one of the largest global providers of customer experience (CX) products and solutions, marked the second anniversary of its Sitel® My Associate Experience (MAX) program with a weeklong celebration of events and activities including roadshows, themed contests, workshops and a culminating party with simultaneous online concerts. “The MAX Week celebrations in 2021 […] More
-
Ready! Flex! Ship! FedEx Bolsters Capabilities in AMEA to Power Holiday Shipping
FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, has strengthened its network and e-commerce capabilities in preparation for yet another busy holiday season in the Asia Pacific, Middle East and Africa (AMEA) region. The e-commerce boom accelerated by COVID-19 is expected to continue. Global […] More
-
Meralco Shifting To Eco-friendly Distribution Transformers
The sweltering heat of recent months took its toll not only on the millions who live and work in Meralco’s sprawling franchise area but on power distribution equipment as well, resulting in some power interruptions during the summer. The sharp surge in consumption of residential customers due to work from home arrangement and community quarantine […] More
