Jollibee, McDonald’s serve up vaccination model for PH

When the Group president of Jollibee Foods Corp. and managing director of McDonald’s Philippines set aside their companies’ fierce rivalry in the fast-food sector in favor of pooling their expertise and resources to pursue a common goal for the Philippines, good things will likely happen. Among these is the acceleration of the government’s COVID-19 vaccination…

Taking advantage of opportunities in manufacturing

Over half of the Philippine’s industrial sector is in manufacturing and the industry contributes to almost a quarter of the country’s gross domestic product. The industry also promotes stronger inter-industry and inter-sectoral linkages, productivity, technological development and innovation. Keeping all these factors in mind, the Philippines is fast-forwarding the manufacturing industry’s pace toward a more…

CLI builds 100-unit Cebu City condo for informal settlers

Property developer Cebu Landmasters Inc. (CLI) will donate to the government of Cebu City a 100-unit medium-rise socialized residential condominium complex to shelter informal settlers who need to be evacuated from calamity-prone areas. The five-story residential project, valued at , will serve as transition housing for informal settlers near rivers, creeks, seas and other danger…

PH recovery starts in Q2, says gov’t economic team

President Duterte’s economic team on Tuesday expressed confidence that the economy will rebound starting the second quarter with mass vaccination in full swing and government spending, especially on infrastructure, remaining strong. During the Economic Journalists’ Association of the Philippines’ (Ejap) midyear forum, Finance Secretary Carlos Dominguez III said “we might appear to be behind our…

building, construction, site

Megawide snaps losing streak; nets P2.9M in Q1

After being bludgeoned by the COVID-19 pandemic in 2020, Megawide Construction Corp. returned to profitability in the first quarter of this year as belt-tightening measures made up for slower revenues generated by the construction and infrastructure businesses. Megawide booked an attributable net profit of P2.9 million in the first three months, much smaller than the…

coffee, coffee beans, cup

Tesda and Nestlé to boost coffee production skills with joint training program

Technical Education and Skills Development Authority (Tesda) and Nestlé Philippines announced their partnership to upskill workers and trainers in the agriculture sector through the Tesda registered Coffee Production Level II Program and Scholarship. This progressive Robusta coffee production training program provides enterprise-based competency training in coffee farming to aspiring agripreneurs, particularly smallholder farmers and indigenous…