7-Eleven targets 5,000 stores, shrugs off discounters
Philippine Seven Corp., operator of 7-Eleven convenience stores, is pressing ahead with aggressive expansion despite the rapid growth of hard-discounters, confident that its convenience-store format remains sufficiently differentiated to withstand the new competition.
New Manila International Airport engineered for flood resilience, built to protect commuters and communities
San Miguel Aerocity Inc. (SMAI), developer of the New Manila International Airport (NMIA), on Thursday confirmed the project incorporates robust, long-term flood mitigation engineering designed to protect both the airport and surrounding towns from Bulacan’s well-documented flooding risks—while clarifying the airport is not the cause of recent floods.
McDonald’s, COREnergy expand power deal in VisMin
McDonald’s Philippines is expanding its electricity supply partnership with COREnergy to 23 more restaurants in the Visayas and Mindanao, seeking to lower power costs and make a major operating expense more predictable as it grows its nationwide network.
BPI first PH universal bank to bag dual global data security, privacy certifications
The Bank of the Philippine Islands (BPI) has become the country’s first universal bank to earn both ISO/IEC 27001:2022 (information security) and ISO/IEC 27701:2019 (data privacy) certifications, underscoring its commitment to protecting customer information amid growing digital transactions.
DOF consultations to shape ProGRESS tax reform bill
The Department of Finance (DOF) has opened nationwide consultations on the proposed ProGRESS Bill, putting its next tax reform package before businesses, taxpayers, and other stakeholders as the government refines the measure ahead of its legislative push.
