Category: Business
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Residential, rental, and hotel businesses register double-digit growth Megaworld, the country’s pioneer in and largest developer of townships, grew its net income by 18% to P8.9-billion in the first half of 2019 from P7.5-billion during the same period last year. Excluding a non-recurring gain of about P189-million in the first six months of 2019, the…
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In line with the directive of President Rodrigo Duterte to make public services more convenient for Filipinos, Pag-IBIG Fund has made it more convenient for its members to pay for their savings and loan repayments anytime and anywhere. This convenient way to pay is now possible as the agency partnered with leading digital financial services…
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The rainy season is here and with it comes a deluge of discounts, cashback, and other perks as the leading digital financial wallet and app PayMaya brings more amazing surprises to all account holders every time they pay using their PayMaya account. From today until July 31, you can get up to a total of…
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Homegrown real estate developer Priland Development Corporation brings the resort concept to home and office with the launch of Vertex Coast in Punta Engaño. The two-tower residential development will rise alongside Cebu’s most premier beach resorts and prime real estate in Mactan. With a combined 738 units for residential and small office-home office (SOHO) use,…
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With its 20 million users composed mostly of young, working Filipinos, GCash has tailored its mobile financial platform to fuel the growth of the country’s gig economy. Anthony Thomas, president and chief executive officer of Mynt (Globe Innovations, Inc.), which operates GCash, said the company sees a huge opportunity in the gig economy and continually…
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Businesses that embrace technology and social media grow at incredible rates, according to an official of Facebook Philippines. With platforms like Facebook, there has never been a better time to have a business idea or solution and connect that idea with someone who will need it, Facebook Philippines Client Partner Chay Mondejar-Saputil said in a…
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Catriona Gray’s journey to the Miss Universe crown is an inspiring story of a woman who has reimagined herself to win the most coveted beauty pageant title, bringing pride and honor to our country. Make no mistake about it, Catriona could have simply rested on her laurels with her Top 5 finish in Miss World…
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To meet the demands of growing residential developments and the vigorous economy in the northern part of its franchise area, the Visayan Electric Company, Inc. (VECO), inaugurated its upgraded Consolacion Substation on May 10. The Consolacion Substation, which was built in 1995, originally had a 33MVA capacity. Assistant Vice President for Engineering Operations Noel Modesto…
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The use of QR for mobile digital payments is very popular in various emerging and developed economies. In China, for example, mobile digital payments account for over half of the country’s total transaction volumes. In the Philippines, the use of the technology is still in its nascent stage, and has yet to see an explosion…
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Accenture has, for the third time, been named “Best Employer of the Year” at the annual International ICT Awards Philippines, recognized for its industry-leading initiatives in developing talent, advancing inclusion and diversity, and supporting the welfare of its employees. Organized by the Canadian Chamber of Commerce of the Philippines and supported by the Information Technology…
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Shared office spaces and more units for lifestyle outlets are just some of the new and exciting developments at Axis Entertainment Avenue on Vibo Place. The Country Basket restaurant, which is known for its chicken dishes as well as breads and pastries, and an architectural showroom are set to open in May at a newly…
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Amid baking challenges and overcoming the perception of being expensive, The Abaca Group has managed to achieve healthy growth—starting out in 2006 with a boutique resort + restaurant and expanding to eight brands with over 20 outlets in Cebu today. Several more will be added to the number this 2019, including Red Lizard branches in…
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CEBU Pacific Air has opened a new international route to Shanghai from Cebu, offering promo base fare of 1 peso until the end of the company’s anniversary month of March. Cebu Pacific’s Cebu-Shanghai and return flights will be six times weekly starting April 15, 2019. Charo Logarta Lagamon said the new route will make Cebu…
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A new and faster roll-on roll-off or RORO passenger ship will service the Cebu City to Ormoc City route starting Monday, March 25. M/v Lite Ferry 19 will be launched tomorrow as the twin sister ship of m/v Lite Ferry 18. It was built in 2002 and is the youngest vessel to ply the Cebu-Ormoc…
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Xiaomi recently launched Redmi Note 7, the latest smartphone in the highly popular Redmi Note series. Redmi Note 7 continues the series’ tradition of featuring a large display and excellent battery life, and pushes smartphone photography to a new level in this price range. Redmi Note 7 will be available from March 27, with prices…
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A large number of accounting firms in Australia, New Zealand and the United States (like the Best Toronto accounting firm) are looking to hire accountants, bookkeepers, finance professionals and other support roles. Due to the steady demand for different offshore roles, TOA Global anticipates more positions to open in the coming months. “2018 has been…
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Filipinos have some of the best experiences of work-life balance in Southeast Asia, according to a new study by recruitment portal Monster.com. Nearly two thirds (65%) of working professionals in the Philippines said they are generally satisfied with their current work-life balance, although 28% said they would like more options to spend time with their…
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Rather than drive to a mall and get stuck in traffic to pay your VECO dues, you can soon just go to your nearest sari-sari store that has a POSIBLE system in place and settle your electricity bill there. POSIBLE is a Filipino financial technology company that seeks to drive financial inclusion by bringing these…
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Digital is no longer a differentiator for enterprises but “the price of admission to do business,” a top official of a global technology company said in a briefing on Tuesday. Digital technologies are already an expectation and no longer a differentiator, said JP Palpallatoc, Managing Director and Accenture Digital Lead in the Philippines in a…
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Property giant Megaworld is expanding its commercial retail portfolio this year, with the opening of 11 commercial properties across its townships all over the country. By end of the year, the company will open new retail spaces in Iloilo Business Park in Mandurriao, Iloilo City; Alabang West along Daang Hari in Las Piñas City; McKinley…



















