Business Events

Pru Life UK expands footprint in Quezon City, Batangas, and CDO

GOING strong on its 24th year in the Philippines, Pru Life UK has expanded its footprint with more sales offices to fortify its mission of narrowing the protection gap in the country. The newly-opened General Agencies (GAs), or sales offices, underscore the company’s commitment to making life insurance more accessible to Filipinos with its wide portfolio […]

Business

Veterans Bank’s 3Q nets P505M, ROE kicks at 28.44%

ROBUST as it is, the Philippine Veterans Bank (PVB) reported a strong 3Q Net Income of P504.6M, a 28.44% Return on Equity (ROE) – one of the highest in the banking industry. The net income figure has already exceeded the Bank’s full year target of P500M and is the highest recorded 3Q net income level […]

Business News

20 nagtapos sa DTI Kapatid Mentor ME Program

LIPA City – NAGTAPOS ang ikatlong batch ng graduates ng Kapatid Mentor Micro Enterprise (KMME) Program ng Department of Trade and Industry-(DTI) Batangas sa Angelos Kitchen, Blue Sapphire Bldg. sa lungsod na ito, Hulyo 19. Ayon kay Bb. Marissa Argente, Assistant Regional Director ng DTI Calabarzon, ang 20 graduates ay sumailalim sa iba’t ibang modules […]

Business Events

Industry leaders convene, view prospects at Batangas Development Summit 2019

By JOENALD MEDINA RAYOS INVESTMENT, city living, and getting the best education can be best done here in the CALABARZON region, particularly in Batangas province, rather than braving the traffic woes and all the risks and challenges of trying hard to penetrate the imperial Manila. Last Friday, convenors of the Batangas Development Summit in partnership […]

Business

AboitizPower invests in AC Energy’s thermal power company

Aboitiz Power Corporation (AboitizPower) entered into a share purchase agreement with Arlington Mariveles Netherlands Holding BV, an affiliate of AC Energy, Inc. (AC Energy), and a shareholders’ agreement with AC Energy, a wholly-owned subsidiary of Ayala Corporation, for the proposed acquisition of a 49% voting stake and 60% economic stake in AA Thermal, Inc., AC […]

Business News

BSP, nag-strike 3 sa Batangas; TRBI sarado na rin!

By JOENALD MEDINA RAYOS STO. TOMAS, Batangas – BAGO pa lamang nagsisimulang magbayad ang Philippine Deposit Insurance Corporation (PDIC) ng mga valid deposits ng nagsarang Women’s Rural Bank, Inc., isa na namang bangko rural sa Batangas na may operasyon sa Southern Luzon ang ipinasara ng Bangko Sentral ng Pilipinas nitong Huwebes, Agosto 2, 2018. Sa […]

Business

PDIC raises PHP14.2-M from public bidding of assets

THE Philippine Deposit Insurance Corporation (PDIC) generated a total of Php 14.2 million from the sale of 31 closed banks’ properties at its public bidding held last May 24, 2018 in Cabanatuan City, Nueva Ecija. The bidding yielded an aggregate premium of Php 1.4 million against the aggregate minimum disposal price of Php 12.8 million. Sold […]

F.E.S.T. Lifestyle Travel, Tourism & Trends

Japanese brand Miniso, now at SM Ctiy Batangas

THE opening of Japanese retailer Miniso at SM Batangas brings not only a brand but also a way of life to shoppers with its quality, creative and low-priced products. In 2016, Miniso Philippines opened its first store at SM City San Lazaro, followed by outlets at SM City East Ortigas, SM City Fairview, SM City […]

Business Events F.E.S.T.

60-themed visual attractions highlight SM’s 60th year

  SM launched its 60th Anniversary celebrations by lighting up the iconic Mall of Asia globe, and with it, starting off a series of exciting 60 themed visual attractions, fun experiences, and interactive activities for its customers from May to October in SM malls nationwide. The SM story began in 1958 when founder Henry Sy, […]

Business

Aboitiz 2018 spending to exceed P77 billion

Bulk of capex to go to power and food  Aboitiz Equity Ventures (AEV), along with its strategic business units (SBUs), aims to spend a total of P77.6 billion in capital expenditures (capex) this year as it continues to advance business and communities amid vibrant growth opportunities at home and abroad. “In 2018, our outlook remains […]