Business

Fil-Chinese biz honors Ms. Universe PHL Dee

December 29, 2023

Rizal Raoul Reyes

THE Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) sees the accomplishments of Ms. Universe Philippines 2023 Michelle Daniela Dee as a powerful tool to inspire the Filipino-Chinese community and a larger Philippine so...

PHL voters moving toward neutrality–PAHAYAG poll

December 29, 2023

Butch Fernandez

THE Philippine electorate is moving towards political neutrality, as gleaned from the results of the PAHAYAG End of Year (P-EOY2023) Survey, which shed light on the evolving political sentiments in the Philippines.

Firecrackers and fireworks harmful to pets, too–groups

December 29, 2023

Jonathan L. Mayuga

Aside from causing air and noise pollution and threatening life and limb, loud firecracker explosions during the New Year Eve revelry traumatize your beloved cats and dogs.

200 ‘mujahideen scholars’ complete tech-voc courses

December 29, 2023

DAVAO CITY—The Bangsamoro technical skills agency graduated last week 200 former fighters of both Moro Islamic Liberation Front (MILF) and Moro National Liberation Front (MNLF) to help the former combatants adapt to the mainstream society.

After drawing flak, Neda insists lower food tariffs help Filipinos

December 29, 2023

Jasper Emmanuel Y. Arcalas

THE National Economic and Development Authority (Neda) on Thursday maintained that lower tariff rates benefit Filipino consumers, citing lower inflation rates for meat and other commodities this year.

SWS poll: Just 3% of Pinoys will welcome new year with fear

December 29, 2023

Jasper Y. Arcalas

THE number of Filipinos who will enter the coming new year with fear is down to just 3 percent, the lowest on record, according to Social Weather Station’s (SWS) latest national survey.

DOH-Davao aims to activate HIV treatment center in every province

December 29, 2023

DAVAO CITY—The Department of Health (DOH) regional office here said it would be putting up a treatment facility for Human Immunodeficiency Virus (HIV) in each province in the Davao Region, a Philippine Information Agency news dispatch said.

PBBM upgrades two state colleges, adds five new medicine programs

December 29, 2023

President Ferdinand R. Marcos Jr. signed into law seven legislative measures directed to improve seven higher education institutions (HEI) in different provinces in the Philippines.

PPA chief vows port improvements as PHL bounces back on global cruise tourism map

December 29, 2023

Lorenz S. Marasigan

After a challenging period caused by the pandemic, the Philippines is back on the international cruise tourism map, according to the Philippine Ports Authority (PPA).

LGUs reminded to strictly enforce ordinances vs harmful firecrackers

December 29, 2023

Rex Anthony Naval and Claudeth Mocon-Ciriaco

With the New Year’s Eve revelry just a few days, Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos on Wednesday urged all local government units (LGU) to strictly enforce their ordinances concerning the use of harmf...

Public told: Watch out for falling debris from China space rocket

December 29, 2023

Jonathan L. Mayuga

The Philippine Space Agency (PhilSA) confirmed the launch of the Long March 3B rocket of the People’s Republic of China and advised the public about potential risks it may incur to ships, fishing boats, and other vessels that will pass through Rozul R...

AFP chief Brawner among ‘Gawad Pilipino’ awardees

December 29, 2023

Rex Anthony Naval

Armed Forces of the Philippines (AFP) chief Gen. Romeo Brawner Jr. was lauded for his “exceptional sense of bravery, love, and service” to the country and people and hailed as one of the Heroes of the Year awardee in the 2023 “Gawad Pilipino” held at ...

PNB donates repurposed PCs to Cavite State University

December 29, 2023

ALIGNED with its thrust in corporate social responsibility to help students gain access to a quality learning environment, the Philippine National Bank (PSE: PNB) turned over computer units to Cavite State University last December 1, the lender announ...

Feed your focus

December 29, 2023

Octavio Peralta

HAPPY New Year! As we usher in 2024, the phrase “feed your focus” seems like a timely theme for this post. I thought this could be useful for associations to start the new year.

Pru Life UK Nbape rises 15.8% YOY in third quarter

December 29, 2023

Jasper Emmanuel Y. Arcalas

THE Pru Life Insurance Corp. of U.K. (Pru Life UK) announced that the payment it received for new policies in the third quarter rose by 15.8 percent year-on-year to nearly P8 billion; owing to “innovative” products.

BOC hunts tankers it linked to smugglers

December 29, 2023

Jasper Y. Arcalas

THE Bureau of Customs (BOC) announced last Thursday it hasn’t found the four tankers the agency links to smugglers of hundreds of thousands of unmarked fuel in Bataan.

Investment inflow outpaces gross outflow

December 29, 2023

Jasper Emmanuel Y. Arcalas

THE Philippines posted a $672.86-million net inflow of foreign investments registered with the central bank through authorized agent banks (AABs) in November—snapping two months of consecutive net outflows—as gross inflows outpaced outflows.

Mreit moves acquisition closing date of Megaworld properties to May 2024

December 29, 2023

PROPERTY developer Megaworld Corp’s. real estate investment trust Mreit Inc. has extended the closing date of its acquisition of its sponsor’s seven assets to next May, exactly a year when it signed a memorandum of understanding (MOU).

ACEN investments to top ₱12B for subsidiaries all over PHL

December 29, 2023

Lorenz S. Marasigan

THE Ayala Group’s renewable energy (RE) arm ACEN Corp. is injecting some P12.87 billion in six different subsidiaries to fund power projects across the Philippines.

Cebu Pacific cited for ‘exemplary support’ in national government’s relief efforts

December 29, 2023

CEBU PACIFIC (PSE: CEB) was recognized by the Department of Social Welfare and Development (DSWD) for its significant contribution in providing logistical support during calamities and disasters).

Figaro opens coffee shop with Kitchen City in WTC

December 29, 2023

PUBLICLY-LISTED restaurant operator Figaro Coffee Group Inc (FGC). and Kitchen City have just opened a joint coffee chain at the World Trade Center (WTC) in Pasay.

Globe Telecom paints ‘rosy’ outlook for 2024

December 29, 2023

Lorenz S. Marasigan

PROJECTIONS point to positives for the Globe Group in 2024, as it cited on Thursday key developments in its data-center operations and the introduction of its electric vehicle (EV) subsidiary.

SM stimulates Laguna’s economic progress with latest mall opening

December 29, 2023

SM Prime Holdings Inc. said it is spurring Laguna’s economic growth with the mall operator’s recent expansion in local communities.

Editorial Cartoon December 29, 2023

December 29, 2023

BusinessMirror Editorial

Image credits: Jimbo Albano

How govt can empower tomorrow’s workforce

December 29, 2023

BusinessMirror Editorial

German companies operating in the Philippines have the highest optimism in terms of business and hiring outlook for 2024 compared to their peers in other Southeast Asian countries, according to the German-Philippine Chamber of Commerce and Industry (G...

A healthy nutrition system

December 29, 2023

Dr. Alvin P. Ang

I faced a health challenge this year that required me to significantly modify my diet. After presenting my options, the doctor recommended that I see a nutritionist specializing in my condition. We had a difficult time getting an appointment with this...

Co joins bidding for NAIA operation

December 27, 2023

Jenniffer B. Austria

Retail tycoon Lucio Co is joining the P170.6-billion bidding to rehabilitate, optimize and maintain the Ninoy Aquino International Airport (NAIA). Cosco Capital Inc., the listed holding firm of Co, said in a disclosure to the stock exchange it would join a consortium that would participate in the government’s plan to bid out the NAIA’s rehabilitation […]
The post Co joins bidding for NAIA operation appeared first on Manila Standard.

Noveleta LGU bags Seal of Good Local Governance Award 2023

December 26, 2023

The Municipality of Noveleta under the leadership of Mayor Dino Reyes-Chua, bagged the 2023 Seal of Good Local Governance (SGLG) Award given by the Department of Interior and Local Government (DILG).

Learning Hub equips QC community with free Internet access and digital tools

December 26, 2023

In line with its commitment to make digital services accessible for Filipinos and to help uplift lives across the country, PLDT Home, together with Zone V Camera Club and the Virlanie Foundation, launched The Learning Hub in Barangay Bagong Silangan, ...

Christmas comes early to cacao land

December 25, 2023

Davao region farmers cement their slot among the world’s best cacao producers, making the South
the country’s chocolate paradise.

CA junks damage suit filed by Sobrepeña vs BI officials who offloaded him in 2013

December 25, 2023

Joel R. San Juan

THE Court of Appeals (CA) has affirmed the ruling issued by a Pasig City court which junked the civil damages suit filed by businessman Robert Sobrepeña against several Bureau of Immigration (BI) officials who were resp...

NFW distributes Christmas goodies to troops in WPS

December 25, 2023

Rex Anthony Naval

NAVAL Forces West (NFW) has facilitated the distribution of Christmas goodies and other essential supplies to the troops and communities located in the West Philippine Sea.

‘Polong’ Duterte bill expands PWD job slots mandate to private sector

December 25, 2023

DAVAO City 1st District Representative Paolo Duterte has proposed a measure to make it compulsory for private enterprises with more than 100 employees to allot at least one percent of their total positions to qualified persons with disabilities (PWDs).

Romualdez lauds PBBM for ₱170-B actual investments from Japan visit

December 25, 2023

SPEAKER Martin Romualdez on Friday congratulated President Ferdinand Marcos Jr. for the successful outcomes of his Japan visit earlier this year, and vowed support in helping local enterprises in pursuing the business leads that these spawned.

Lacson: Nonveto of ₱450-billion unprogrammed fund hike in 2024 budget sets bad precedent’

December 25, 2023

Butch Fernandez

SEN. Panfilo Lacson said Friday the non-veto of a controversial P450 billion item tucked in additional “Unprogrammed Appropriations” in the 2024 budget could set a “bad precedent,” as he aired concerns over its impact on efforts to keep the ...

SC: All set for Judiciary Marshals Office’s start of operations in 2024

December 25, 2023

Joel R. San Juan

THE Supreme Court’s Office of the Judiciary Marshals (SC-OJM) is eying to start its operation by the first quarter of next year.

Rice prices scale fresh 15-year high as supply risks linger

December 25, 2023

Rice prices reached a fresh 15-year high on mounting concerns that increased demand and the impact of El Niño will further tighten supplies of the grain that is a staple for billions across Asia and Africa.

DA tags 12 more provinces avian influenza-free this year

December 25, 2023

THE Philippines declared 12 provinces free from avian influenza (AI) this year, bringing to 14 the total number of areas that have recovered from the transboundary animal disease.