Category: Business
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Strong real estate sales, office rentals, and hotel revenues led Megaworld’s growth last year Megaworld, the country’s largest developer of integrated urban townships, grew its net income by 36% to P14.4-billion last year from P10.6-billion recorded in 2020, just as the company registered gains in line with the improving business environment. Net income attributable to…
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In recent years, investing has become more convenient and accessible for more Filipinos thanks to the availability of financial technology and online trading platforms. According to the Philippine Stock Exchange (PSE), the online stock market accounts continued to grow ahead of its c for the third consecutive year increasing by nearly half in 2020.
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With more people now going out to buy their essentials and enjoy some retail therapy, PayMaya and The SM Store are making shopping more convenient and rewarding with two new exciting promos.
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MREIT Board declares higher dividends for fourth quarter of 2021 MREIT, Inc., the REIT company of the country’s largest office landlord Megaworld, reported net income of P2.0-billion for the six months period ending December 2021, inclusive of a fair value gain on MREIT’s investment properties of P702 million.
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A renewable energy company in Toledo City has partnered with farmers and vendors to pilot a farm to market initiative that would directly supply Cebu’s biggest public market. Citicore Solar Cebu, Inc. will implement the agro-solar project in collaboration with another Megawide company, Cebu2World Development, Inc., an association of various groups in Cebu City’s Carbon…
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To give Cebuanos easy access to its popular furniture and home furnishing products, IKEA Philippines has opened a collection point at Robinsons Galleria Cebu in Cebu City.
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Lifestyle app LIMITLESS, in partnership with DITO Telecom, is extending its #celebrateLIMITLESSconnection promo, allowing its registered users to get more chances of winning the brand’s biggest promo prizes to date.
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The Securities and Exchange Commission (SEC) has set the deadlines for the submission of the audited financial statements (AFS) and general information sheet (GIS) of corporations through the Electronic Filing and Submission Tool (eFAST).
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With 70% of adult Filipinos having a GCash account, the fintech service has evolved from being an everyday wallet into people’s personal digital life hub, said Martha Sazon President and CEO of Mynt, the company behind the platform. The massive adoption and increase in transactions have made GCash the “gold standard” in financial tech and…
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The 8.9-kilometer Cebu-Cordova Link Expressway (CCLEX) is moving closer to finishing with just 10 percent left before project completion. As of December 2021, construction progress of CCLEX was at 89.31 percent.
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As the country moves toward post-pandemic recovery, it is becoming more imperative to have a stable and robust power distribution infrastructure. Reliable power supply is essential to drive the economy on a growth trajectory, particularly as the energy demand is seen to increase when commercial establishments widen their doors, manufacturing facilities pick up the pace…
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Accenture experts provide structured approaches to weave automation and artificial intelligence across the enterprise As organizations continue to execute compressed transformation strategies and increase their investments in automation technology, a new book authored by three top automation experts at Accenture provides an in-depth look at how intelligent automation has become one of the most powerful…
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In response to the demand for living spaces prompted by the pandemic, Priland Development Corporation started construction of their 1-hectare residential development in Mactan. Led by Priland President Ramon Carlo Yap, the homegrown developer held the groundbreaking of Breeza Scapes last month.
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“Streaming’s Next Act” report highlights the need for content aggregators to give consumers greater control Three-in-five subscribers to multiple streaming services expressed frustration with their viewing experiences, according to a new report from Accenture, and 44% of those surveyed indicate they spend more than six minutes searching for something to watch.
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Despite the far-reaching impact of a pandemic and a typhoon that devastated Cebu and other parts of the country by year end, the Duros Group still managed to achieve significant accomplishments in 2021. Duros Group Chair Rafaelito A. Barino attributed these to the values of hard work, perseverance, and above all, keeping the faith, that…
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Seeing the high demand for product managers in the Philippines, Russian company Refocus has made available its highly-successful digital marketing course to interested Filipinos.
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240 lots offered in Mercato Shophouse District and Porto Hotel District out of the 462-hectare eco-tourism township in San Vicente, Palawan Township developer Megaworld is developing a sustainable boutique hotel and shophouse district within its 462-hectare Paragua Coastown in San Vicente, Palawan.
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NUSTAR Resort and Casino is poised to become the epitome of premier integrated resort developments, bringing a new level of sophistication to five-star luxury experiences in gaming, entertainment, leisure, dining, and retail in Cebu and the entire Southern Philippines. With a commitment to offering an unparalleled array of casino games, just like the ones at…
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More than 5,000 stakeholders of the Carbon Public Market have signed a petition to express their support for the district’s modernization. They included long-time vendors, karumateros, community stakeholders, and other Cebu City residents.
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By working with the government and tapping programs meant to help businesses, Dr. Philip N. Tan was able to build Wellmade Motors and Development Corporation into what it is today, a world-class metalworking company.