SB Corp. targets P460M in operating income this year

THE Trade department’s micro, small and medium enterprise development financing arm, Small Business Corp. (SB Corp.), has set a target of P460 million in net operating income this year after setting a record in 2024. On the sidelines of a briefing on Friday, SB Corp. President Robert C. Bastillo said the company’s 2025 target is […]

Canning raw material tariff cut seen reducing prices of canned goods

A worker is seen inside the new Mega manufacturing plant in Sto. Tomas, Batangas, March 1, 2023. — PHILSTAR/KRIZ JOHN ROSALES REDUCING the most favored nation (MFN) tariff rate on tin-mill black plates (TMBPs) is expected to boost domestic production of tin plate and tin-free steel, possibly leading to reduced canned goods prices, the Tariff […]

Offshore wind to add 16 GW in new capacity — Energy dep’t

THE Department of Energy (DoE) said it is projecting more than 16 gigawatts (GW) of new capacity from offshore wind power projects. The DoE said it is currently assisting 16 offshore wind proponents who committed to start construction by 2027 and to deliver the first kilowatt-hour by 2028.  The largest project is Domhain Earth Corp.’s […]

Commercial vessels could deplete fish stocks in municipal waters — NGO

PHILIPINE STAR/ RYAN BALDEMOR OCEANA Philippines warned of the potential depletion of fish stocks after a Supreme Court (SC) resolution allowing commercial fishing operations in municipal waters. “We are worried that this court decision will result in the depletion of our fish stocks with the unabated fishing operations of commercial fishers, displacement of our small, […]

Supply chain disruptions, skills gap expected to delay PHL AI adoption

FREEPIK By Beatriz Marie D. Cruz, Reporter THE Philippines’ adoption of artificial intelligence (AI) this year are expected to be hampered by supply chain vulnerabilities and the digital skills gap, according to software firm Hitachi Vantara. “Supply chain issues are a significant challenge in adopting AI technologies, and the Philippines is no exception,” Matthew Hardman, […]

Preliminary 2026 budget activities set for late January — Budget dep’t

BUDGET SECRETARY AMENAH F. PANGANDAMAN — PHILIPPINE STAR/KRIZ JOHN ROSALES THE Department of Budget and Management (DBM) said it will convene with government representatives and state-run firms in a series of budget forums later this month in preparation for drafting the 2026 budget proposal. In a circular dated Jan. 15, Budget Secretary Amenah F. Pangandaman […]

From hospitality dreams to AR realities: Joon Yung Min’s Mobile Marble Race revolution

Joon Yung Min, a 35-year-old Korean visionary, has redefinedonline gaming with his revolutionary platform, Mobile Marble Race. Combining augmented reality (AR) with interactive gameplay, this dynamic platform has captured the imagination of millions worldwide, solidifying Min’s position as a trailblazer in the tech industry. From Gamer to Game Developer Mr. Min’s passion for gaming quickly […]

Globe named Rising Star at 2024 HireVue Customer Excellence Awards

Globe has been honored as a Rising Star at the 2024 HireVue Customer Excellence Awards in recognition of its commitment to elevating talent acquisition and management. The award is presented to new HireVue customers or those who have implemented a HireVue solution from 2023 to 2024. HireVue is a pioneer and global leader in Human […]

Driving growth and leadership: Global Dominion wins big at 2024 Global Economics Awards

Global Dominon Financing, Inc. President and Managing Director, Patricia Poco-Palacios By Jay Ann Bonghanoy Global Dominion has solidified its excellence in the financial services industry by receiving two prestigious awards at the 2024 The Global Economics Awards. The company was named the “Fastest Growing Business Owners Financing Solutions Provider,” while its President and Managing Director, […]

UnionDigital Bank and JuanHand ink loan channeling partnership to expand financial access

In the photo are (seated L to R) Francisco “Coco” D.C. Mauricio, WeFund Lending Corp. President and CEO; Danilo “Bong” J. Mojica II, UnionDigital Bank President and CEO; (standing L to R) Michael R. Magpily, UnionDigital Bank Chief Marketing Officer; Maxine Isabell G. Juan, WeFund Lending Corp. Business Development Officer; and Jef R. Lacson, UnionDigital […]