Out of the fire: Joey de Castro — From photography to pottery

1 of 2 ARTIST Joey de Castro FROM pots and vases, to bowls and mugs, Joey de Castro has ideas for pottery swirling in his head. These ideas are made material, one kiln-load at a time, and as those cool…

AyalaLand Logistics reports 10% income growth

AYALALAND Logistics Holdings Corp. posted a 10% profit growth last year to P702 million, the listed holding firm said on Tuesday, despite a double-digit fall in revenues. “The performance is driven by sale of industrial lots, stable warehouse and office…

Vivant to invest P433.8 million in Zubiri’s power firms

CEBU-BASED Vivant Corp. announced on Tuesday that it would be infusing around P433.83 million in equity shares in Senator Juan Miguel F. Zubiri’s two power firms in Mindanao, as the listed firm plans to continue its expansion in the region.…

DITO available in Mindanao, Visayas starting March 8

DITO Telecommunity Corp. is set to start commercial operations in 17 cities and municipalities in Mindanao and the Visayas on March 8. Adel A. Tamano, DITO’s chief administrative officer, said at an online briefing on Tuesday that the telco startup’s…

Coca-Cola to invest P3 billion to boost production in Luzon

By Jenina P. Ibañez, Reporter THE Coca-Cola Company plans to invest an initial $63 million (around P3 billion) in its Philippine operations this year to expand Luzon-based production. Coca-Cola Beverages Philippines, Inc. (CCBPI), the local bottling partner of the beverage…

Yamaha allots nearly P3 billion for manufacturing expansion

YAMAHA MOTOR Philippines, Inc. has launched a P2.7-billion factory expansion at the Lima Technology Center in Batangas to increase its Philippine manufacturing operations. The Japanese motorcycle manufacturer noted an increase in demand for its automatic models as fewer people used…

PSALM plans to cut debt by P25 billion this year

THE POWER SECTOR Assets and Liabilities Management Corp. (PSALM) is aiming to further bring down its debt by 6.45% this year, the Finance department said. In a statement on Tuesday, the Finance department quoted PSALM President Irene Joy Besido-Garcia as…

Gov’t eyes insurance subsidy for hog raisers

THE GOVERNMENT is considering giving an insurance subsidy for commercial hog raisers, who have been affected by the prolonged outbreak of African Swine Fever (ASF) in the country. In a briefing on Tuesday, Cabinet Secretary Karlo Alexei B. Nograles said…

House open to ‘safe harbor’ provision in Bank Secrecy Law amendments

By Luz Wendy T. Noble, Reporter THE HOUSE of Representatives is open to the banking industry’s request for a “safe harbor” clause in the proposed amendments to the Bank Secrecy Law. Quirino Rep. Junie E. Cua, chair of the House…

Top 5 trends that will reform cloud computing in 2021

Cloud technology is not just growing quickly, it’s evolving! Pandemic has nudged many budding startups and big companies to adopt cloud services to ensure business continuity. Top cloud players like AWS, Azure, google cloud are expected to grow bigger…

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