SM Prime to expand MICE footprint with P1.7B SMXCITE
SM Prime Holdings, Inc., one of Southeast Asia’s leading integrated property developers, is expanding its Meetings, Incentives, Conferences, and Exhibitions (MICE) footprint with the launch of the SMX Center for International Trade and Exhibitions (SMXCITE)—a P1.7 billion investment that is expected to elevate Manila’s status as a regional trade event hub.
Becton Dickinson targets onboarding 10 PH hospitals by year-end
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.
EDSA rebuild to start mid-June after 45-year wait
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.
DA rejects USDA’s ‘exaggerated’ 5.4M MT rice import forecast
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 sees profit slump despite sales growth
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.
