Global medical technology company Becton, Dickinson and Co. (BD) is ramping up its Philippin presence, identifying the country as a key growth market in Southeast Asia amid rising demand for more efficient healthcare solutions.
The Department of Transportation (DOTr) announced Tuesday that the long-awaited rehabilitation of EDSA—now rebranded as the “EDSA Rebuild Program”—is set to begin in mid-June. Transportation Secretary Vince Dizon emphasized the significance of the project, noting that it marks the first major overhaul of the country’s busiest thoroughfare in 45 years.
The Department of Agriculture (DA) on Tuesday rejected U.S. Department of Agriculture (USDA) projections that the Philippines will likely require record rice imports of 5.4 million metric tons (MT) this year, calling the forecast “exaggerated.”
Metro Retail Stores Group Inc. (MRSGI) reported a sharp 73 percent decline in first-quarter net income to ₱13.4 million from ₱50.3 million year-on-year, as the company absorbed higher non-cash expenses tied to its ongoing expansion program.
Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), is advancing its shift toward technology-driven energy solutions as part of its strategy to optimize operations and scale renewable energy capacity.
Filinvest Land Inc. (FLI) has officially begun handing over completed units at its Futura Monte development in Naga City, a key milestone for the firm’s regional expansion. The ceremonial turnover for Building A was held recently at the project’s clubhouse, with qualified buyers now receiving their units. FLI officials said the handover reaffirms the company’s commitment to delivering quality homes in well-connected communities, with succeeding turnovers to follow as more units become ready for occupancy.
Tessie Sy-Coson was just eight when she became a shoe salesgirl during the Christmas rush. Her small frame may have made her an unlikely salesperson, but the experience taught her an early lesson about business: everyone has something to contribute.
Indonesia’s sovereign wealth fund, Indonesia Investment Authority (INA), has entered a strategic partnership with global renewable energy developer Vena Global Group Pte. Ltd. to invest in a 2,800-megawatt portfolio of renewable energy projects spanning Indonesia and the Philippines, the firms announced Wednesday.
For a small-business owner trying to restock shelves, pay suppliers or seize a sudden sales opportunity, waiting weeks for a loan decision can mean missing the moment. Ginbee Go, incoming president and chief executive officer of Bank of the Philippine Islands (BPI), wants to make getting credit less of an exercise in patience.