Converge ICT Solutions Inc. is securing crucial internet capacity via an upcoming international submarine cable system that is being built by global technology giants. In a stock exchange filing on Wednesday, Converge announced plans to invest over in the project known as the Bifrost Cable System, a 15,000-kilometer undersea cable project from Singapore to the…
The Board of Investments (BOI) saw a 66-percent increase in investment commitments from January to March to P138 billion from P83 billion in the same period last year, a top official said in a recent online briefing with Chinese companies, as he encouraged firms that were already in the Philippines to expand and diversify their…
Agriculture is the mother of all professions. It is the undisputed foundation of all economies because no economy will survive without food. PAA is pleased to support the Inquirer’s Project Rebound to emphasize the critical role of the agriculture sector in achieving food security in the Philippines during this pandemic period and beyond. Roberto Ranola,…
Taking over the helm of a multi-billion-peso company is challenging enough in the best of times, certainly even more so at the beginning of a raging pandemic that would cause an unprecedented public health and economic crises. Such a prospect would have daunted other candidates from immediately embracing their new role of chief executive…
The COVID-19 pandemic still has the Philippines and other parts of Southeast Asia firmly in its grip. But even then, enterprises in the region have begun preparing themselves for postcrisis growth. According to SAP’s regional study “Digital, resilient, and experience-driven: How enterprises in Southeast Asia can prepare for the new economy”, Southeast Asian firms are…
With the country still under some form of lockdown a year into the pandemic, people have had to find ways to celebrate or, at the very least, mark birthdays and milestones at home. By now, many are familiar with takeout, delivery and meal kits, but one company has gone beyond the expected and came up…
Given the restrictions and consequences imposed by the pandemic, it’s so easy to feel defeated. But Marvin Agustin’s successful food venture proves that with hard work and an ounce of hope, there’s no reason to be. Bored from being locked down at home, the actor-restaurateur took to baking, something he admitted to being initially intimidated…
Demand for local office and residential property continued to rebound from the bottom levels seen in 2020 despite the lull seen within the Philippine offshore gaming operator (Pogo) industry that used to invigorate the sector. This is according to Leechiu Property Consultants (LPC), which estimated that Pogos vacated a total of from the second quarter…
As the Philippines deals with a new surge of Covid-19 cases, creating an atmosphere of uncertainty reminiscent of early 2020, three businesses share their tips on how local enterprises can fully recover from this pandemic: be aware of fundamental changes in consumer behaviors, leverage technology to cater to these behaviors, and, above all, always put…
Over a year into the devastating COVID-19 pandemic, the Aboitiz Group is ready to march toward recovery with renewed —yet prudent—optimism. Like most other organizations, the Aboitiz Group encountered setbacks last year given quarantine restrictions that have dampened consumer demand and investor appetite. And yet the group’s strategic business units (SBUs) that operate in various…