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Chivas Regal relaunches pop-up bar concept

After a successful four-month run on Bonifacio High Street, the Scotch whisky Chivas Regal has relaunched its pop-up bar concept in Manila, this time at Uptown Parade. #In60words

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PH ECONOMY GROWS BY 7.6% IN 3RD QUARTER 2022

Despite the risk of inflation, the Philippine economy further grew at 7.6% in the third quarter of 2022, higher than the 7% recorded at the same quarter last 2021. The economic cluster of the Marcos Administration attributed this to the further easing of mobility, the resumption of face-to-face classes, which boosted consumption and the relaxation of border restrictions and more simplified travel protocols....

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Cebu Pacifics Q3 revenue soars 419%

Cebu Air Inc. generated P16.9 billion in revenue for the third quarter, up 419% from P3.2 billion in the same period last year. This was propelled by a strong recovery across its business segments, the company said in a statement on Thursday.

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Turning passions into actions How Rizza Lana and Aiai Garcia

eCommerce pioneer Lazada continues to build on its technology and logistics infrastructure, enabling local businesses to thrive at every stage of their business journey. With technology, Philippines brands and sellers have optimized and scaled their operations successfully over the past decade since Lazada was founded. #In60words

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Asticom hits 5,000 employees mark, targets 15K jobs

In a statement, the Globe Groups shared services provider said they continue to push forward, gearing up to create 15,000 more employment opportunities in the next three to five years.

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PH gov't seeks 600-M loan from World Bank

The Philippine government is seeking a 600 million loan from the World Bank (WB) to support reforms that would help achieve a resilient, inclusive and sustainable financial sector.

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LPG prices up by Nov. 1

Oil companies raised the price of liquefied petroleum gas (LPG) or cooking gas by P3.50 to P3.55 per kilo because of the higher contract price of LPG in the world market.

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Globe says blocked scam spam SMS reach 270.5 million in

GLOBE Telecoms on Monday said that they were able to log an all-time high in its monthly tally of blocked spam and scam messages in September, filtering out over 270.5 million messages after implementing its new measure against person-to-person messages with clickable links.

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Sugar producers seek higher prices after TS Paeng

The Unifed Federation of Sugar Producers (UNIFED) sought the intervention of President Ferdinand R. Marcos Jr. to raise the suggested retail price (SRP) of sugar from the current P70 per kilo to at least P85-90.

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Faster inflation in October seen BSP

The Bangko Sentral ng Pilipinas (BSP) month-ahead inflation forecast shows that increased prices of goods and services may quicken for October.

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56% of Filipinos plan to apply for credit in 2023

According to TransUnion's most recent Consumer Pulse Survey, almost all respondents agreed that access to credit and lending products is crucial for achieving financial goals.

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PAL to fly Cebu-Baguio flights in December

Tourism and trade are expected to flourish between Cebu and Baguio City as a local airline company mounts a new route connecting these two tourism destinations beginning December 16, 2022.

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Meralco signs 850-MW supply deal with Terra Solar

The Manila Electric Company (Meralco) executed a 20-year Power Supply Agreement (PSA) with Terra Solar Philippines for the supply of 850 megawatts (MW) from renewable energy to cover the power distributors mid-merit requirement starting 2026. The PSA provides that the power supply will be available by 2026 and 2027, Meralco said in a statement.

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PEZA upbeat to more South Korean investors in PH

The Philippine Economic Zone Authority (PEZA) benchmarked the Philippines as an investment haven in Asia in the recently concluded Philippine-Korean Investment Forum. In a statement, PEZA said the forum is part of the five-day outbound investment mission in South Korea in partnership with Aboitiz InfraCapital Inc., the Department of Trade and Industry (DTI) and Board of Investments (BOI)....

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PLDT reinforces fiber connectivity in Palawan

Integratednetwork company PLDT Inc. (PLDT) reinforced their fiber connectivity in Palawan by adding more than 500 kilometers of submarine fiber cable.

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