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Sunday, July 21, 2019
Blog
STI Holdings (PSE: STI) today said it is ready for the coming school year (SY) 2019-2020. The company, which owns one of the largest networks of private schools in the Philippines, said that it completed 4 new campuses in SY 2018-2019 – STI Lipa, STI San Jose Del Monte, STI Sta. Mesa and STI Pasay-EDSA, which are already accepting tertiary...
Open Access BPO, a Philippine-based global multilingual call center, has launched a new office in Makati City, Philippines. Located at the Glorietta 2 Corporate Center, the 1,000-seat facility was established to meet the growing demands of its clients and expanding workforce. "Open Access BPO is the go-to provider for complex business process management work," said CEO Benjamin Davidowitz. "Our clients...
Leading cement maker Holcim Philippines, Inc. (PSE: HLCM) has completed the project to raise the production capacity of its Davao plant in June, further improving the company’s ability to support the strong construction activity in Mindanao. The expansion involved the activation of a finish mill and installation of a new pipe for loading cement to the silos from the pier,...
Cebu Pacific has renewed its agreement with Navitaire, an Amadeus company. Under the terms of the contract, Cebu Pacific will use Navitaire’s advanced reservations, ancillary and revenue accounting platforms, including its diverse digital, merchandising and distribution The contract renewal between Navitaire and Cebu Pacific builds on a decade-long partnership. During this period, Cebu Pacific has grown dramatically, carrying over...
ChemoTech has signed a distribution agreement with BASEMED KARE Inc. (BASEMED), and thereby increased its efforts to establish a stronger market presence in the Public Healthcare of the Philippines. BASEMED is a company specialised in distribution and clinical development of Interventional cancer care, an expertise that is very suitable for ChemoTech's IQwave™ business. The management of BASEMED has more than...
Engineering and infrastructure conglomerate Megawide’s (PSE: MWIDE) net income attributable to shareholders is expected to improve in 2019, as construction rebounds and increases its share to net income. Higher construction share Last year, the wholly-owned construction business contributed 45% to consolidated net income with 55% coming from the combined airport operations and merchandising segments. With an expected recovery this year...
Latest fashion tech equips the industry for market expansion The 26th HKTDC Hong Kong Fashion Week for Spring/Summer, organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. Over 10,000 buyers from 73 countries and regions attended the four-day fair (8-11 July), with buyer attendance from ASEAN countries including Indonesia, the Philippines, Thailand, Vietnam as...
China Banking Corporation (PSE: CHIB) successfully raised PhP30 billion as investors gobbled up its maiden issue of peso fixed rate bonds. The bonds were listed on the Philippine Dealing & Exchange Corp. (PDEx) on July 10, 2019. We are very grateful for the overwhelming market response which reflects our clients’ confidence in China Bank’s fundamental strength and future prospects,‖ said...
IDC believes that the recent passing of the Alternative Work Arrangement bill through the Senate of the Philippines is an important incremental step for the welfare of Filipino workers and for the development of the country’s digital economy. The adoption of new technologies such as 5G, Artificial Intelligence (AI), Augmented Reality/Virtual Reality (AR/VR) and Cloud will have a direct impact...
Xiamen Air
GMR Megawide Cebu Airport Corporation (GMCAC), the private company managing the terminal operations and other related areas of the Mactan-Cebu International Airport, welcomes the newest service of Xiamen Air (MF) to Chengdu, China. Beginning June 27, Xiamen Air is set to commence operation of its direct service to Chengdu from Mactan-Cebu International Airport (MCIA). “We are glad to welcome Xiamen Air’s...