Philippine Economic Zone Authority (PEZA) Director General Tereso Panga wants to double the country’s number of registered economic zones next year. In a recent press briefing of the Department of Trade and Industry (DTI), Panga said PEZA eyes at an additional 30 ecozones that can be decided in 2025. He said many developers want to…
By Kris Crismundo Automotive vehicle sales in November 2024 rose by 8.5 percent year-on-year, reaching 40,898 units compared to 37,683 units in November 2023. The Chamber of Automotive Manufacturers, Inc. (CAMPI) and Truck Manufacturers Association attribute the growth figure primarily to hikes in commercial vehicle sales, which increased by 10.5 percent to 31,062 units from…
AF Payments, Inc. collaborates with GHL Systems Philippines to enable beep™ card acceptance at GHL-operated payment terminals nationwide. In photo from left: AF Payments, Inc. representatives: Sharon Fong (Chief Commercial Officer) and Jonathan Juan “JJ” Moreno (President & CEO) with GHL Systems Philippines Inc. representatives Jay Tirona (CEO), Michelle “Miru” Bulanhagui (VP – Corporate Sales…
From left: Dr. Kenji M. Asano, Jr., MOHS senior vice president and group chief financial officer; Remedios A. Rivera, Remed chairman and president; and Michael B. Hortaleza, MOHS chairman and chief executive officer and Jocelyn M. Aberin, Remed vice president for operations In pursuit of its strategy of vertical integration of its flagship healthcare and…
MANILA – Ayala Corporation (Ayala) has secured a senior long-term loan facility amounting to $200 million from Metropolitan Bank & Trust Company (Metrobank), marking another milestone in a relationship that has spanned more than three decades. The loan facility supports Ayala’s strategic financing initiatives for its ongoing commitments and investments in emerging portfolios, namely, technology…
beep™ operator AF Payments, Inc. (AFPI) and the Clark Development Corporation (CDC) launch the Clark Loop bus operations with a fully cashless Automated Fare Collection System. Gracing the event are Sharon Fong, COO – AFPI; Joshua “Jake” Bingcang, Pres. and CEO – Bases Conversion and Development Authority (BCDA); Jesus Ferdinand “Andy” Ortega, Undersecretary for Road…
In Photo: Candice Lee, Manager of Institutional Banking of BDO Singapore; and Sonny Marpuri, First Vice President and Head of Accounting & HR of BDO Singapore received BDO Capital’s awards from Nick Atkinson, Contributing Editor of Asian Banking & Finance magazine. BDO Capital won the Corporate and Investment Bank of the Year, Project Infrastructure Finance Deal of the…
BDO Unibank has introduced a new, easy-to-remember hotline number to streamline customer support across the Philippines. Clients can now reach banking assistance anytime via the updated 24/7 hotline at (+632) 8888-0000. For those using PLDT or Globe landlines, the domestic toll-free number is #8888-0000, while international clients can contact the bank at +800-8-CALLBDO (2255-236). The revamped hotline…
BDO Unibank, Inc. (BDO) manages its greenhouse gas emissions and energy consumption by retrofitting its old buildings, beginning with its historic Dasmariñas – Binondo building in Manila. This effort, designed to boost energy efficiency, has not only yielded substantial cost savings but also stands as a compelling illustration of the advantages that retrofitting older buildings can…
FIRST CABLE CAR. Department of Transportation (DOTr) Undersecretary Timothy John Batan presents the agency’s projects and programs during the Build Better More Infrastructure at the National Government Administrative Center at New Clark City in Capas, Tarlac on Thursday (July 11, 2024). Batan said the country’s first cable car service may operate in 2028. (PNA photo by…
