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DBM allots P8.39B for Comelec office
The Commission on Elections said it has received from the Department of Budget and Management P8.39 billion allocation for its proposed building complex through a ‘multi-year contractual authority’. In a 29 March document sent to the media by Comelec spokesperson John Rex Laudiangco on Thursday, the DBM will provide the said amount throughout the target three-year construction of the Comelec complex. In three tranches, the poll body will receive P1.2 billion for this year, P3.7 billion for next year, and P3.4 billion for 2025. “We wholeheartedly thank the Office of the President, the Senate of the Philippines, the House of Representatives, the Department of Budget and the Department of Public Works and Highways for helping us, the Comelec, the remaining constitutional institution which doesn’t have its own building, to finally realize our dream of having a permanent home in 83 years of existence,” Laudiangco said in a Viber message. The proposed location of the complex is at the Bay City Central Business Park in Pasay City. It will consist of the Main and Metro Manila regional office, multi-purpose rooms and warehouses. During Wednesday’s Kapihan sa Manila Bay, Laudiangco said that the move will allow the Comelec to have a more streamlined process of operations and functions, and that will prevent dependency from the government and private entities, ensuring their independence as a constitutional commission The post DBM allots P8.39B for Comelec office appeared first on Daily Tribune......»»
Mega Global allots P500 million for expansion
Mega Global Corp., maker of the country’s top sardines brand, has earmarked P500 million to expand its business through increased canning capacity and acquisitions as it looks to take advantage of increased demand for its products amid the pandemic......»»
CCLEX safety enhancements pushed after US bridge tragedy
Cebu City, Philippines — In light of recent events, a call for increased CCLEX safety measures has been made to the Cebu Cordova Link Expressway Corporation (CCLEC) by a Cebu City legislator. Councilor Rey Gealon penned a resolution urging CCLEC to implement precautionary measures at the Cebu-Cordova Link Expressway to prevent disasters, considering the high.....»»
Belmonte, Binay call for climate action funding from development banks
The C40 coalition of cities, a network of nearly 100 mayors, asked MDBs to increase urban climate investment, integrate urban climate action into their strategies, and implement tailored programs to support city projects. .....»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
House leaves Quiboloy’s fate to Senate
The House of Representatives will no longer pursue and implement the warrant of arrest it issued against pastor Apollo Quiboloy after it approved on final reading the bill revoking the franchise of the evangelist’s alleged TV network......»»
EDITORIAL - Finally, plastic license cards
It says a lot about the quality of governance and ease of doing business in this country that it takes forever just to obtain a plastic driver’s license card......»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»
RCBC to surrender trust license
Rizal Commercial Banking Corp. (RCBC) is looking to surrender its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
Lalamove empowers aspiring women entrepreneurs to start their small businesses in PangNegosyo program
Lalamove, a leading on-demand delivery platform, has launched the Panalong PangNegosyo program for its thousands of women partner drivers to give out a business-starter package to three lady riders or drivers......»»
Ministry helping improve BARMM’s business climate names 10 new officials
The Bangsamoro chief minister has filled out ten regional positions in one of the ministries under him to boost its operation as requested by business blocs enticing foreign investors to venture into viable businesses in the region......»»
Villarreal Football Academy opens in Philippines
Villarreal Philippines Academy will provide unrivalled opportunities for football players all over the Philippines by working hand in hand with Villarreal CF to implement the Yellows’ innovative methodology for the development of its players and coaches......»»
Philippines FDI ‘bound to improve’ in coming years – HSBC
The Philippines would be able to attract more foreign direct investments (FDI) in the coming years amid reforms that improved the country’s business climate, HSBC Global Research said......»»
RCBC surrenders trust license
Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
Philippines braces for La Nina, continues to deal with El Nino
MANILA, March 26 (Xinhua) -- The Philippines will continue to implement measures to lessen the impact of the El Nino weather phenomenon, as it braces for the opposite La Nina weather pattern, Philippine Science and Technology Secretary Renato Solidum said Tuesday. Solidum said in a news conference that the Department of Science and Technology's record showed that as of Sunday, 37 provinces across the country hav.....»»
Reflecting on Your Business Wins
We’ve taken a look at moments of setbacks before, now let’s have a look at moments of triumph that have served as beacons of further hope that your business will be successful and personal validation, reminding us that our efforts and sacrifices are not in vain. These hard-earned victories, whether they manifest as surpassed sales […].....»»
TikTok Shop Launches TikTok Shop Business School to Help Digitize Filipino Entrepreneurs
TikTok Shop launched TikTok Shop Business School, a comprehensive one-day program for Filipino entrepreneurs that aims to equip them with the skills to grow their businesses in the digital sphere. The full-day program, which 50 TikTok Shop entrepreneurs attended, was comprised of master classes on Corporate Strategy and Business Model with Kim Lato, Founder and […].....»»
Davao Media-Citizen Council elects officers
DAVAO CITY (MindaNews / 24 March) – The Davao Media-Citizen Council (DMCC) on Saturday elected its officers from representatives of various fields — media, business, law and academe. MindaNews’ Special Reports Editor Carolyn O. Arguillas was elected chair while Antonio Peralta representing the business sector was elected vice chair. Peralta chairs the Southern Mindanao Business […].....»»