P55 Billion Capex Allocated by Megaworld for the Year
The planned capital expenditure budget will be kept steady this year, according to Andrew L. Tan. With P55 billion set, at least 75% will be allocated for the development of …
BSP Approves of Rural Bank Mergers
The consolidation of two rural banks received the approval of the Bangko Sentral ng Pilipinas. Both banks are in Mindanao. The merger takes place in the midst of efforts to …
Scribble Pen Allows for Writing and Drawing in Any Color
To be able to write or draw with any color in existence is something many thought would be impossible with just a single pen. That all changes with the Scribble …
SBMA Reports Profit of P1.1 Billion Pre-Tax
The Subic Bay Metropolitan Authority (SBMA) posted the previous year’s pre-tax earnings. It amounted to a total of Php 1.1 Billion. This was after it incurred an increase in foreign …
Denny’s and Texas Roadhouse to Open in Manila
The Bistro Group is set to bring three more dining brands into the Philippines. These brands include Denny’s and Texas Roadhouse. The entry of such American establishments will give the …
Need a Personal Assistant for Travel? Let ‘Hello Scout’ Be Your Guide!
In June 2014, David Temple co-founded Hello Scout, which “reimagines the hotel concierge for the on-demand era.” Through them, a potential guest may connect with local assistants to help find …
BDO Nets Record Php25.1 Billion
BDO Unibank, Inc. grew its net income last year by a tenth. It has reached an all-time high of Php 25.055 billion in the midst of robust growth in all …
US Top Court Rules for Liberty Mutual
On Tuesday, the U.S. Supreme Court ruled that health insurers in Vermont cannot be compelled to hand over data on medical expenses. In doing so, they’ve backed the Liberty Mutual …
SM to Consolidate Retail Businesses
Henry Sy, Sr. plans on merging his retail assets under SM Retail, Inc. that will form a larger business with almost 2,000 stores in total. The move is aimed at …
Election Lift Expected for the Peso
It is expected that the upcoming national elections will be good news for the peso. This expectation partially comes from history, since previous elections in 1998, 2004, and 2010 had …