SAN MIGUEL CORP. (SMC) confirmed its acquisition of 7,000 hectares on Bugsuk Island in Balabac, Palawan, noting that the titles predate the 1997 Indigenous Peoples Rights Act and no certificate of ancestral domain title exists for the properties. SMC acquired the properties “through the purchase of companies that have held the titles since their original […]
Henry Sy, Sr. inside Shoemart Carriedo in the 1950s In a span of 30 years, SM Prime Holdings (PSE: SMPH) has become a dominant force in the Philippine property sector, driven by its iconic SM malls and the market-leading developments of SM Development Corp. (SMDC). Tracing its origins back to a small shoe store founded […]
Inflation may have slightly accelerated in November. — PHILIPPINE STAR/EDD GUMBAN By Luisa Maria Jacinta C. Jocson, Reporter HEADLINE INFLATION may have picked up in November as prices of key food items rose due to the impact of several typhoons, analysts said. A BusinessWorld poll of 15 analysts conducted last week yielded a median estimate […]
Sheets five-dollar bills are seen through a magnifying glass at the Bureau of Engraving and Printing in Washington March 26, 2015. —REUTERS MORE SHORT-TERM foreign investments flowed out of the Philippines than what entered in October, data from the Bangko Sentral ng Pilipinas (BSP) showed. Transactions on foreign investments registered with the central bank through […]
PHILSTAR FILE PHOTO By Aubrey Rose A. Inosante, Reporter THE NATIONAL GOVERNMENT’S (NG) gross borrowings fell in October as it borrowed significantly less from the domestic market, the Bureau of the Treasury (BTr) said. Data from the BTr showed that total gross borrowings dropped by 42.6% to P129.26 billion in October from P225.2 billion in […]
GoTyme Bank receives Startup of the Year Award from KMC Startup Awards. From right: Great Deals E-Commerce Corp. Founder and CEO Steve Sy, Jenelyn Bajacan of GoTyme Bank’s Customer Service Group, GoTyme Bank Head of Corporate Communications and External Relations Frederick Blancas, Khecelyn Rayo, also of GoTyme Bank’s Customer Service Group, and KMC Solutions Co-Founder […]
L-R: Bela Gupta D’Souza, founder and CEO of edamama; Judge Calimbahin, head of Entrepreneur Experience at Endeavor Philippines; Anthony Huang, president of SSI Group; Manny Ayala, co-founder and managing director of Endeavor Philippines; and Kimberly Yao, co-founder and group CEO of CloudEats By Mhicole A. Moral, Special Features and Content Writer Endeavor Philippines commemorates 10 […]
From left: YGG CEO Gabby Dizon with Base and Coinbase Wallet Head Jesse Pollak during one of the sessions at the YGG Play Summit By Jomarc Angelo M. Corpuz, Special Features and Content Writer Some of the biggest names in the Web3 gaming community shared their secrets to becoming recognizable content creators at the Yield […]
JCOMP-FREEPIK SECRETARY Frederick D. Go, the special assistant to the President for investment, said a roadshow is being planned next year for the US, Japan, South Korea, and the European Union upon completion of the implementing rules and regulations (IRR) of the amended Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. Mr. Go said […]
CASEY HORNER-UNSPLASH THE Department of Energy (DoE) said it and a United Arab Emirates (UAE) state-owned firm are set to operationalize their energy collaboration agreement in January. In a statement on Sunday, Energy Secretary Raphael P.M. Lotilla said the memorandum of understanding (MoU) on energy transition cooperation was among the deals signed during the working […]