Program aims to bring WV products to export market

MORE agri-fishery products of Western Visayas will soon enter the export market with the launching of the Agribusiness Support for Promotion and Investments in Regional Expositions (ASPIRE) program on May 15 in Jordan, Guimaras. Department of Agriculture (DA) 6 Regional Executive Director Remelyn Recoter said ASPIRE is a new DA agribusiness and marketing program aimed […]

AGI netsP3.5B for Q1 2018

ALLIANCE Global Group, Inc. (AGI), the investment holding company of billionaire Dr. Andrew Tan, registered consolidated revenues of P35.3 billion in the first quarter this year, growing 5% from its year ago level of P33.7 billion. All of the group’s major subsidiaries delivered a good topline performance led by its real estate arm Megaworld Corporation, […]

Cebu Pacific opens Tokyo office

THE Philippines’ leading carrier, Cebu Pacific Air (PSE: CEB) formally opens its own office in Japan on May 16th 2018, as part of the airline’s expansion efforts in the Asia-Pacific region and bid to boost its presence in the Japanese market. Cebu Pacific Air is one of the largest and most successful Low Cost Carriers […]

Soaring data consumption bodes well for Globe

GIVEN the increasing appetite of Filipinos for on-demand video, electronic games, and multi-media content, soaring data consumption now serves as a key driver to the continuing strong growth of Globe Telecom. “People have started shifting their habits.  Lifestyles are getting more digital each day. From standard messaging, they are now spending more time on their devices […]

Megaworld makes another history in real estate industry

PROPERTY giant Megaworld made another history in this year’s Philippines Property Awards when it emerged as the country’s “Best Developer” for the third straight year during the Gala Night in Makati City Friday night. The Megaworld Group, which includes its subsidiaries Suntrust Properties, Inc., Empire East Land Holdings, Inc. and Global-Estate Resorts, Inc. received numerous […]

SEC warns of online scams

THE Securities and Exchange Commission (SEC) has warned the public against the so-called “Online Paluwagan” or “Onpal” that use social media accounts, pages, or groups:. In an advisory, the SEC said Onpal is nothing but a form of Ponzi scheme, a fraudulent investing scam promising high rates of return with little risk to investors. The […]

RENTAL REVENUES TRIPLED: Megaworld’s GERI Q1 earnings up 27%

GLOBAL Estate Resorts Inc. (GERI), Megaworld’s subsidiary that develops integrated tourism and leisure estates, has sustained its growth momentum this year as first quarter earnings soared 27% to P399‐million from P315‐million during the same period last year. Net income attributable to parent company ended at P407‐million, up 25% from P326‐million during the same period last […]

AboitizPower unit launches first rooftop solar project

THE new rooftop solar unit of AboitizPower’s recently inaugurated its first project, highlighting its entry into this small-scale market segment while expanding its already diverse Cleanergy portfolio. AboitizPower Distributed Energy Inc. (APX), began operating the 100-kilowatt installation on top of the Aboitiz and Co. office in Cebu City in March and has since been delivering […]