Recto urges Japanese firms to invest in PH

By Anna Leah Gonzales (PNA) | June 21, 2024 MANILA – Finance Secretary Ralph Recto urged Japanese investors to invest in the Philippines and assured them that ongoing amendments to the country’s fiscal incentives system will address their key concerns. “To begin with, the Philippines is booming and has all the makings of a tiger economy.… Read More Recto urges Japanese firms to invest in PH

NATIONWIDE SM SUPERMALLS JOB FAIR OFFERS ON-THE-SPOT HIRING

Hiring opportunities with partner companies and organizations available for job seekers RECOGNIZING Filipinos’ shared aspiration for meaningful employment, SM Supermalls takes a crucial role in connecting Filipino talent with job opportunities by hosting the biggest mall-based job fair and offering the chance to be Hired-on-the-Spot (HOTS). In partnership with the Department of Labor and Employment… Read More NATIONWIDE SM SUPERMALLS JOB FAIR OFFERS ON-THE-SPOT HIRING

US, Japan to unveil Luzon investment connecting 4 major PH biz hubs

By Joyce Ann L. Rocamora | April 11, 2024 MANILA – The United States, Japan, and the Philippines are set to unveil the Partnership for Global Infrastructure and Investment (PGII) Luzon Corridor that will usher in new infrastructure projects to connect Subic Bay, Clark, Manila, and Batangas. The PGII, founded by the G7 countries, aims to… Read More US, Japan to unveil Luzon investment connecting 4 major PH biz hubs

Holcim, partners help families in Central Luzon strengthen homes vs. climate change

LEADING building solutions provider Holcim Philippines, Inc. has successfully completed a project to help families make their homes more disaster-resilient in collaboration with non-profit social innovator Build Change, and Alalay sa Kaunlaran Microfinance Social Development, Inc. (ASKI). The partners helped 37 families in Aurora and Baler strengthen their houses against extreme weather. The project dubbed “Matibay na… Read More Holcim, partners help families in Central Luzon strengthen homes vs. climate change

Cebu Pacific Back to Full Year Profit After Pandemic Losses 

CEBU Pacific (PSE: CEB), the Philippines’ leading carrier, generated P90.6 billion in revenue for 2023, a 60% increase from the previous year.   Passenger business led this steep recovery with P62.5 billion in revenue, 78% higher year-on-year. This is on the back of over 20 million passengers and over 140 thousand flights flown in 2023, 41%… Read More Cebu Pacific Back to Full Year Profit After Pandemic Losses 

U.S. funds feasibility study for Philippine vessel traffic management system expansion

MANILA, March 4, 2024—On March 1, the United States government announced the signing of a grant agreement between the U.S. Trade Development Agency (USTDA) and the Philippines’ Department of Transportation (DOTr) for a Php55-million ($980,000) feasibility study to assess the viability of expanding the Philippine Coast Guard’s (PCG) vessel traffic management system (VTMS). New and… Read More U.S. funds feasibility study for Philippine vessel traffic management system expansion

Cebu Pacific welcomes first aircraft delivery for 2024

CEBU Pacific (PSE: CEB), the Philippines’ leading carrier, maintains its efforts in strengthening its operational resiliency and addressing air travel demand as it welcomed its first aircraft delivery for the year. The aircraft – an Airbus 320ceo – arrived on February 9 at Ninoy Aquino International Airport in Manila from Chengdu, China. It is the… Read More Cebu Pacific welcomes first aircraft delivery for 2024

Zubiri renews push for creation of Bulacan Airport City Economic Zone and Freeport

January 31, 2024 SENATE President Juan Miguel “Migz” Zubiri on Wednesday reiterated his push for the creation of a special economic zone in Bulacan province to entice more foreign investors and complement the soon-to-be-finished aerotropolis outside of Metro Manila. At the hearing of the Senate Committee on Economic Affairs, Zubiri said he refiled Senate Bill… Read More Zubiri renews push for creation of Bulacan Airport City Economic Zone and Freeport

Zubiri: Bulacan is next growth area; renews push for creation of Bulacan Airport City economic zone and freeport

SENATE President Juan Miguel “Migz” Zubiri on Wednesday reiterated his push for the creation of a special economic zone in Bulacan province to entice more foreign investors and complement the soon-to-be-finished aerotropolis outside of Metro Manila. At the hearing of the Senate Committee on Economic Affairs, Zubiri said he refiled Senate Bill No. 2266, or… Read More Zubiri: Bulacan is next growth area; renews push for creation of Bulacan Airport City economic zone and freeport

SBMA hits all-time high operating revenue of ₱4.116-B

SUBIC BAY FREEPORT—The Subic Bay Metropolitan Authority (SBMA) once again breached its record on operating revenue with an all-time high record of ₱4.116 billion as of December 2023. SBMA Chairman and Administrator Eduardo Aliño said this also marks the second consecutive year that the agency breached the ₱4-billion mark in operating revenue, which hit ₱₱4.057 billion in… Read More SBMA hits all-time high operating revenue of ₱4.116-B