Category: Business
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Emperador Inc., the world’s largest brandy company, reported a net income of P7 billion on revenues of P43.6 billion last year, inclusive of foreign operations. The company made the highest quarterly net income in the fourth quarter of 2015, amounting to P2.26 billion, showing a 38% year-on-year increase versus the fourth quarter of 2014 and…
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Megaworld, the country’s largest developer of integrated urban townships and the biggest lessor of office spaces, has breached the P10-billion mark in net core income for 2015. The company’s core profit reached P10.40-billion (net of P181-million non-recurring gain from P10.58-billion), up 10.58% from last year’s P9.40-billion (net of P12.16-billion non-recurring gain). “We already have a…
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Cebu welcomed the first Emirates flight from Dubai on Wednesday, March 30, at the international airport in Mactan as part of the airline company’s circular service in the Philippines that involves a stopover in Clark. Emirates’s Dubai-Cebu-Clark-Dubai route began operating daily starting with the inaugural flight that arrived at the Mactan Cebu International Airport (MCIA)…
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BUY your new car at low interest rates with free one-year insurance plus loads of freebies during the BPI Family Auto Madness event at the Activity Center of Ayala Center Cebu. The annual event will be held this year until Sunday, March 13.
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Creating the Philippine Roadmap for Startups allowed stakeholders to identify the unique advantages and challenges of Filipino founders and how to further hone the ecosystem to support digital innovations, an official of the Department of Science and Technology said.
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In line with the Cebu Business Month 2016 theme “Digital Cebu,” organizers released an updated version of the Cebu Business Month mobile app. The app will serve as guide to Cebu’s biggest business event, which is held every June. It will also feature stories and updates about the event in the months leading to it.…
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With the Smart Money MasterCard, dependents of OFWs can receive cash remittances from family abroad straight to their Smart Money account. When the account is linked to a mobile phone, the easier it is to monitor remittances; dependents can even perform various financial transactions simply via SMS.
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Taft Properties has turned over an initial batch of units in what is currently Cebu’s tallest residential building – Horizons 101 – in special handover ceremonies. Chris Narciso, president and chief operating officer of Taft Properties, said they will be turning over the rest of the units to homeowners within five months.
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Smart Padala, the number one domestic remittance service in the Philippines, is giving Filipino consumers even more options than ever before for both sending and receiving money via Smart Padala Pick-Up Anywhere.
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BPI/MS Insurance Corporation, a joint venture of the Bank of the Philippine Islands (BPI) and Mitsui Sumitomo Insurance Company, one of the largest non-life insurance companies in Japan, has released an innovative new smartphone application. Called “My Safe Drive.” the app aims to promote safer and smarter driving in the Philippines.
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British retailer Marks & Spencer (M&S) opened its new 800-square meter store in Ayala Center Cebu last night, December 3. The new store is located at the Level 1 of Paseo de Ciudad and carries a “fresh boutique concept,” the company said in a press statement.
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PLDT HOME Fibr is set to bring in the world’s top tennis players for season two of the International Premier Tennis League (IPTL). Starting on December 2 in Kobe, Japan, the IPTL’s three-day Manila-leg will be played from December 6 to 8 at the Mall of Asia Arena as part of a five-nation tour. Scheduled…
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Taking into consideration the big interest of Filipinos on such things as travel, shopping, and fitness, BPI helps them focus on their life aspirations with its Make the Best Happen campaign.
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Globe Telecom and Huawei Technologies have signed a 5-year partnership to further enhance and expand the telecommunication provider’s mobile network to elevate the state of Philippine Internet and strengthen its position as purveyor of Filipino digital lifestyle.
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Grupo Emperador Spain S.A., a company owned by Emperador, Inc., has reached an agreement with Beam Suntory to acquire the company’s Spanish brandy and sherry business in Jerez, the brandy capital of Spain.
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Unit owners of Filinvest’s mid-rise residential community Sanremo Oasis will have access to major amenities like swimming pools, kids’ play area and playroom, basketball court, lawn and jogging trail, and clubhouse beginning December 1.
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Overseas Filipino workers in Hong Kong were treated to a weekend of business and entrepreneurial opportunities during the Smart Pinoy – Go Negoyso Caravan and Media Day, an event jointly-organized and presented by GoNegosyo, SmartPinoy, PLDT Global, Smart eMoney, Inc., and Voyager Innovations.
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Leaders of the Asia-Pacific Economic Conference (APEC) who will be attending the summit in the Philippines will return home with a piece of Cebuano ingenuity: the Caraboom, a non-electronic amplifier made of rattan and other indigenous Philippine materials.
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AirAsia won the Best Low Cost Carrier award at the inaugural 2015 Travel Weekly Asia Reader’s Choice Awards recently. The much-coveted award is based on votes by the leading travel trade magazine’s strong base of readers comprising seasoned travelers and industry players.
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More open spaces and a hectare of amenities distinguish the newly launched residential development of Aboitizland, Inc. called Amoa in the northern Cebu town of Compostela. Set in the rolling terrain of Barangay Tamiao, the development will leave close to half of its total area of 60 hectares as open spaces, said Aboitizland vice president…