Tag: bworldonline
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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…
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PHL posts $2-B BoP surplus for May
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THE COUNTRY’S balance of payments (BoP) position swung to a surplus in May, data from the Bangko Sentral ng Pilipinas (BSP) showed.
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Employers seek delay in wage increase
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A GROUP of Philippine textile exporters on Thursday asked the local wage board to delay a proposed wage increase in the National Capital Region (NCR) by a year, saying they have yet to fully recover from losses caused by the pandemic.
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Philippines improved slightly in attaining SDGs — UN report
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THE PHILIPPINES jumped six spots to 92nd out of 167 countries in achieving 17 sustainable development goals (SDGs), but still grapples with significant challenges in addressing poverty, hunger and low-quality education, a United Nations (UN) body said in its latest report. In the UN Sustainable Development Solutions Network’s (SDSN) 2024…
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BoI says ‘green lane’ investments hit P2.3T
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ABOUT P2.32 trillion worth of projects, mostly in renewable energy (RE), have been approved to go through the “green lane” system as of June 20, the Board of Investments (BoI) said on Wednesday.
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SM Mega Tower: A premier headquarters for multinational firms
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The Philippines has become an important hub for multinational companies because of its favorable business environment, which offers cultural affinity, cost efficiency, skilled talents, and a well-established infrastructure. The rise of modern buildings and towers also meets the needs of these companies, providing high-speed internet, a redundant power supply that…
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Converge ICT partners with HPE Zerto to launch Disaster Recovery Service
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By Bjorn Biel Beltran Seeking to democratize business continuity solutions in the Philippines, Converge ICT has introduced its Disaster Recovery as a Service (DRaaS), in collaboration with Zerto, a subsidiary of Hewlett Packard Enterprise (HPE). The strategic partnership aims to bolster the Philippines’ efforts towards data security, protecting businesses from…
