Tag: bworldonline
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Philippine growth seen running ‘below potential’
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THE PHILIPPINES is expected to be the second-fastest growing economy in the Asia-Pacific (APAC) region this year, although expansion is “below potential,” Moody’s Analytics said. In a report, Moody’s Analytics said the Philippines’ gross domestic product (GDP) growth is expected to average 5.9% this year, just behind India (6.8%) but…
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PPA to hike cargo fees by 16%, says Philexport
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THE PHILIPPINE PORTS Authority (PPA) will be increasing cargo handling fees by 16% at the Manila ports by August, the Philippine Exporters Confederation, Inc. (Philexport) said in a bulletin.
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MPTC eyes P30 billion in yearly revenue from Indonesia toll road
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PANGILINAN-LED Metro Pacific Tollways Corp. (MPTC) expects to generate P30 billion in yearly revenue from its toll road contract in Indonesia, which is expected to be signed this week, according to its chairman. “It is likely to be signed next week in Jakarta,” MPTC Chairman Manuel V. Pangilinan told reporters…
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Shakey’s Pizza says it’s open to acquisitions but ‘not actively looking’
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LISTED restaurant chain Shakey’s Pizza Asia Ventures, Inc. remains open but is “not actively looking” for possible acquisitions, as the company is focused on the growth of its current brand portfolio. “We’re not actively in search, but we will always remain open, and we’ll listen,” Shakey’s President and Chief Executive…
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Redefining customer interaction and business efficiency with AI
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In the current business landscape, companies are increasingly focused on innovative strategies to enhance customer experience while improving operational efficiency. In the telecommunications industry, the integration of automation and artificial intelligence (AI) technologies has become a catalyst for personalized customer interactions, especially when it comes to providing real-time engagement, addressing…
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DigiPlus joins DICT ‘Bayang Digital, Bagong Pilipinas’ NICT Month Celebration
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DigiPlus Interactive Corp., through its social development arm BingoPlus Foundation, supports the Department of Information and Communications Technology’s (DICT) vision of creating a digitally advanced and resilient Philippines. Further reinforcing its commitment to responsible digitalization, the company recently supported the DICT Expo: Bayang Digital, Bagong Pilipinas held last June 3…
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Building permit approvals pick up by 12.8% in April
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By Karis Kasarinlan Paolo D. Mendoza APPROVED building permits rose by 12.8% in April, a reversal from a 12.2% drop a year ago, the Philippine Statistics Authority (PSA) said in a report on Wednesday. Preliminary data showed that building projects covered by the permits totaled 13,332 in April from 11,822…
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Honoring Apostle Arsenio Ferriol: Commemorating a spiritual leader
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PMCC 4th Watch bids farewell to its father in faith The Pentecostal Missionary Church of Christ (PMCC 4th Watch) bids a solemn farewell to Apostle Arsenio T. Ferriol, who passed away on May 19, 2024. His final resting place will be in the mausoleum built inside the Apostle Arsenio T.…
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EDSA busway ridership at 23.3M from January to May
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The Special Action and Intelligence Committee for Transportation of the Department of Transportation (DOTr-SAICT) reported that 23,323,657 passengers have been transported through the EDSA busway from January 1 to May 31, 2024. In a social media post yesterday, the committee said commuters using the EDSA busway ridership program in January…
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Jasser June Cruz participates in Go Negosyo Tourism Summit 2024: Promoting economic empowerment and local development
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Jasser June Cruz, a key advocate for livelihood program, attended the Go Negosyo Tourism Summit 2024. This summit brought together industry leaders, policy makers, and entrepreneurs to discuss tourism’s future and its impact on community development and economic growth. Cruz participated in various sessions, gaining insights into sustainable tourism practices…