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Tag: Denise A. Valdez
THE MAIN INDEX fell for the fourth straight day, below the 7,900 line, to mark its lowest point in 12 sessions, as investors kept watch of the Financial Times Stock Exchange (FTSE) rebalancing that takes effect on Monday and anticipated another interest rate cut when the Bangko Sentral ng Pilipinas (BSP) conducts its sixth policy review for the year next Thursday, Sept. 26.
THE meat processing industry is expecting at least a 5-10% reduction in the value of its annual production because of restrictions on processed meat products in selected provinces.
JG Summit Holdings, Inc. is tapping a former executive of a PLDT, Inc. company to handle two of its data analytics and digital companies.
ROCKWELL Land Corp. is extending the expiration date of its long-term debt which it has been using to finance capital expenditures.
THE DEPARTMENT of Transportation (DoTr) awarded on Wednesday the P734-billion Bulacan airport project to private proponent San Miguel Holdings Corp.
SAN MIGUEL Corp. (SMC) is seeking to build an elevated expressway along Epifanio de los Santos Avenue (EDSA) as a direct alternative to the heavily congested 23-kilometer highway.
DELTA Air Lines is scheduled to launch flights linking Manila to Seoul, South Korea next year, while suspending the Manila-Narita service at the same time.
THE Subic Bay Metropolitan Authority (SBMA) said creditors are close to a deal for the takeover of Hanjin Heavy Industries and Construction Philippines, Inc., with foreign investors currently in talks with banks on how to proceed with the bankrupt shipbuilder’s facilities and work force.
DATA BREACHES continue to be a major concern for Filipino consumers this year, a recent report on Philippine businesses and government agencies by Unisys Corp. found.
THE enterprise arm of Globe Telecom, Inc. has partnered with Facebook, Inc. to offer payment solutions for micro, small and medium-sized enterprises (MSMEs).
GLOBE Fintech Innovations, Inc. (Mynt) is introducing a new technology allowing GCash users to top-up their mobile wallets by scanning a barcode at Puregold Price Club, Inc.’s stores.
THE tandem of Malaysia-based edotco Group Sdn Bhd and Filipino firm ISOC Infrastructure, Inc. has formed a joint venture (JV) to solidify its partnership as a telecommunications tower provider in the Philippines.
THE FOURTH Industrial Revolution (FIRe) is bound to hit more and more sectors in the Philippines, and the challenge now is to prepare them to take advantage of opportunities from this development, speakers said in BusinessWorld’s Industry 4.0 Summit at Shangri-La at the Fort, Taguig City on Monday.
THE Senate public service committee is not inclined to grant the Transportation department’s renewed plea for emergency powers to solve traffic congestion in the capital, a lawmaker said yesterday.
YANGON, MYANMAR -- Kaspersky is keeping its double-digit growth forecast for its Philippine business, amid the government’s efforts to boost cybersecurity awareness.
THE PHILIPPINES recorded the highest number of users victimized by online phishing attacks in the first half of the year, a report by cybersecurity firm Kaspersky said.
THE Bohol-Panglao International Airport can now start accommodating flights at night, according to the Department of Transportation (DoTr).
BUSINESS CONDITIONS for manufacturers in the Philippines can be expected to continue “modest” improvement in the face of an escalating Sino-US trade war that weighs on global growth prospects, a Cabinet official and private sector economists said on Tuesday.
LYSANDER R. BAGUE, a supervisor at a children’s hospital in Quezon City, has mastered the art of chatting using Facebook Messenger. He instantly reaches the people in his life by sending messages to friends and making audio and video calls to his family using the app, which is powered by his mobile data subscription.
THE GOVERNMENT may have to pay a higher price for the operation and maintenance (O&M) of the Metro Rail Transit Line 3 (MRT-3) by Japanese contractors to accommodate the use of China-manufactured train sets.
LIRON GROSS moved to the Philippines with her family in 2017 to start Payo, a start-up e-commerce payment solution.
PHILIPPINES Airlines (PAL) has started a new phase of its fleet modernization program with the receipt of a brand-new jet which it will use for regional flights.
THE mounting of piles as foundation for the Cavite extension of the Light Rail Transit Line 1 (LRT-1) started over the weekend, the Department of Transportation (DoTr) said.
THE Ninoy Aquino International Airport (NAIA) rehabilitation project could be awarded to its private proponents by the first quarter next year at the latest.
ABS-CBN Corp. is now starting the nationwide rollout of the mobile version of TVplus boxes.