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Inquirer Business

@InquirerBiz

5 years

LOOK: BSP Gov. Benjamin Diokno releases the new P20 coin with the portrait of former President Manuel Quezon and the enhanced P5 coin with nine sides and bearing the image of Andres Bonifacio on Tuesday, Dec. 17. 📸 | Marianne Bermudez/PDI

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4 years

Globe Telecom gets K-pop sensation BLACKPINK as brand endorser. | @miguelrcamusINQ

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4 years

The CEO of an Ayala company said the government should not depend everything on the private sector in trying to survive the health crisis. It wouldn’t be sustainable, said Arthur Tan, CEO of Integrated Micro-Electronics Inc., who called this overdependence “false hope.”

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4 years

Asia Brewery and Tanduay Distillers of the Lucio Tan Group have produced disinfectant alcohol to help stem the spread of Covid-19. An initial 5,000 4-liter bottles will be donated to the Department of Health with another 5,000 to be donated to other groups under the first phase.

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2 years

JUST IN: The benchmark Philippine Stock Exchange Index opens 1.89% lower at 6,632.35 a day after the elections indicating a landslide win for dictator's son, Ferdinand Marcos Jr. & weakening US markets overnight. PSEi continues to drop, now at -3.14%. | @miguelrcamusINQ

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5 years

Shopee Philippines is under DTI investigation for possibly violating the consumer act, after alleged changes in its mechanics left over a hundred fans of South Korean girl group @ygofficialblink spending a lot without the promised meet and greet. Read:

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4 years

Coca-Cola Philippines was supposed to use P150 million for its ads. But instead, it’s using the money to help relief efforts, such as providing personal protective equipments and beverages to frontliners, as well as delivering food packs to vulnerable communities| @roycanivel_inq

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4 years

Green Cross is going out of its way to help protect the frontliners of the health crisis, even when it’s been making nearly four times more alcohol bottles than it used to before. | @roycanivel_inq

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2 years

JUST IN: Shopee PH, in response to the online flak it is getting from choosing Toni Gonzaga as brand ambassador, told the Inquirer that popular female celebrity was chosen for her "mass appeal" & not her political leanings. | @AldenMonzonINQ /PDI

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4 years

Century Pacific Food, Inc., the country’s biggest canned food maker, has announced it will be providing aid and one million food packs to Filipinos amid the COVID-19 outbreak. | @tinaarceodumlao

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4 years

Can an employee refuse to go to work in MECQ areas if the employer does not provide a company shuttle? DTI Secretary Ramon Lopez said that this is an issue that has to be internally settled. But if the worker refuses, then the worker might lose his or her job. @roycanivel_inq

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3 years

ABS-CBN Corp.'s movies are going to Bollywood, 5 films featuring stars Kathryn Bernardo & Daniel Padilla will be adapted for the Indian market. | @miguelrcamusINQ

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4 years

Jollibee donates P100M. | @tinaarceodumlao

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4 years

McDonald’s has transformed its party rooms to give teachers a sanitized, quiet working space where they can prepare distance learning lessons — complete with free McCafé coffee! In branches with WiFi, they will also get free WiFi access.

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4 years

The Makati Business Club urged lawmakers to renew the franchise of ABS-CBN Corp., a move which would signal to potential investors that the rule of law prevails over politics. | @roycanivel_inq

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5 years

Lack of reliable supply forces Good Shepherd to switch to white ube from the traditional purple. The culprit? Climate change that has made it difficult for farmers to grow the purple ube. | @tinaarceodumlao

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4 years

Canned food producer Ligo reallocates ad budget to COVID-19 relief and response efforts. | @tinaarceodumlao

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4 years

PLDT-SMART gets 2nd Korean star: Son Ye Jin of Crash Landing on You. | @miguelrcamusINQ

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9 years

Doyle tells Filipino reporters: "I hope my city (Melbourne) is as clean as yours" *reporters laugh* #APECPH2015 | @BenArnolddeVera

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4 years

READ: All Ayala Malls will be closed starting tomorrow until further notice, the company announced on Sunday. Tenants deemed part of the “essentials” like supermarkets will remain open. | @roycanivel_inq

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5 years

Property tycoon Manuel Villar Jr. Villar topped the list of billionaires from the Philippines for the first time. Read:

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4 years

Here is the presidential adviser for entrepreneurship talking about why we should isolate the sick, not the healthy — which, in a way, sounds like why we should isolate the rich, but let the poor go to work. | @roycanivel_inq

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3 years

READ: RestoPH condemns irresponsible behavior of “influencers” Chuck and Joe. | @tinaarceodumlao

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5 years

@inquirerdotnet @miguelrcamusINQ ABS-CBN talents Liza Soberano and Enrique Gil here to perform, perhaps lighten the mood after some pointed questions from shareholders. | @miguelrcamusINQ

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4 years

Days before the Anti-Terrorism bill lapses into law, more than 250 organizations from different sectors have appealed to President Rodrigo Duterte to veto the measure, which raised fears of human rights violations at a time when the country is struggling with a pandemic.

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4 years

Manuel Villar, a self-made businessman and former politician, has an estimated net worth of $5.7 billion. The founder of Vista Land group ranked 298th out of 2,095 billionaires counted by Forbes. Read:

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3 years

Olympic gold medalist Hidilyn Diaz gets lifetime free flights from AirAsia. | @miguelrcamusINQ

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4 years

@inquirerdotnet The Lucio Tan group has also deployed the PNB Bank on Wheels to help Filipinos who need cash but can’t go to a bank or ATM. | @tinaarceodumlao

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6 years

BREAKING: The Philippine Competition Commission (PCC) has ordered Uber to continue its services beyond April 8, delaying Grab’s takeover deal for weeks, or even months. | @roycanivel_inq Story soon on

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4 years

SMC almost at P1-B mark. | @tinaarceodumlao

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4 years

Employees hail Jollibee Foods Corp. for providing P1B to pay for the 1-mo salary and 13th month pay to employees unable to work for a month following a gov’t implementation of a work stoppage as part of its enhanced community quarantine measure to curb the spread of COVID19.

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5 years

LOOK: This is one of Gardenia’s largest bread manufacturing plants in the country. This P2 billion automated plant in Pampanga could produce 200,000 loaves and buns per day. | @roycanivel_inq

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4 years

The Makati Business Club said the shutdown of ABS-CBN Corp. will not only deal a blow to press freedom, but will also be a setback at a time when it’s the pandemic we should be up against, not the press. | @roycanivel_inq

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3 years

LOOK: Jollibee opened its first store in Spain right at the heart of Madrid at Puerta del Sol, Calle Arenal no4 last Sept. 23. | via @tinaarceodumlao

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4 years

@inquirerdotnet @roycanivel_inq “I mean, we all want to help. But if the idea is that we’re going to help to the level that there will no longer be an economy to come back to, I think that’s false hope,” he said. | @roycanivel_inq

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4 years

Senator Imee Marcos, who chairs the Senate Committee on Economic Affairs, then said that perhaps Masagana 99 was successful in rice exportation. However, Finance Secretary Dominguez disputed her statement again: “Ma’am, no, we never exported rice.” Read:

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6 years

Newly crowned Miss Universe Catriona Gray featured Philippine culture in her attire, using an intellectual property-protected cloth by a group of T’boli women weavers, says the Intellectual Property Office of the Philippines. | @tinaarceodumlao

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4 years

Procter & Gamble (P&G) Philippines has announced that its manufacturing plant in Cabuyao City, Laguna will be one of the P&G manufacturing sites globally that will produce critically needed face masks to help reduce the spread of COVID-19. | @tinaarceodumlao

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4 years

@inquirerdotnet @roycanivel_inq On April 12, the Department of Labor and Employment even asked businesses to keep paying their workers during the lockdown. But if big companies are already struggling, what more the MSMEs which do not have any means to earn, therefore have nothing to pay their workers with?

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4 years

The Asian Development Bank’s (ADB) $3-million grant for the Philippines will be used by the Department of Health (DOH) to buy additional emergency medical supplies needed in the fight against the COVID-19 disease. | @bendeveraINQ

DOH to buy emergency medical supplies vs. COVID-19 using ADB grant | Inquirer Business

The ADB's $3-M grant for the Philippines will be used by the DOH to buy medical supplies needed in the fight against the COVID-19 disease.

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3 years

UPDATE: SM Mall of Asia announced that the iconic wordmark is up. The country’s first #IKEAPhilippines store at the SM Mall of Asia Complex will open soon. | @tinaarceodumlao

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4 years

San Miguel Corporation (SMC) is reviving Nutribun, the vitamin-packed bread, for distribution to charitable groups and critical Metro Manila communities where families have either no access to, or unable to afford, food amid the Covid-19 outbreak. | @tinaarceodumlao

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4 years

ABS-CBN CEO Carlo Katigbak says the network will go off the air after NTC denied them provisional license to operate | @miguelrcamusINQ

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4 years

@inquirerdotnet “But constantly just giving away everything, or asking private industry to support everything, is not gonna be sustainable,” he said. He said this during the first online general membership meeting of the Management Association of the Philippines on Tuesday. | @roycanivel_inq

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4 years

San Miguel Corp. is set to buy fresh carabao’s milk from farmer-cooperatives struggling to cope with the ongoing Covid-19 pandemic, to be donated to poor communities and food banks in and around Metro Manila. | @tinaarceodumlao

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6 years

LOOK: The Filipino crew of Jollibee’s first store in the UK. The fast-food giant will open its doors tomorrow, October 20.

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4 years

@inquirerdotnet @roycanivel_inq During the lockdown, the government has been reliant on what the private sector could do, especially in the beginning. All of a sudden, many companies in essential businesses were expected to provide free lodging and free transportation for their workers. | @roycanivel_inq

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3 years

ABS-CBN: Assets under collateral include properties & equipment in Mega Manila to cover P14.56B worth of debt. | @miguelrcamusINQ READ:

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4 years

LOOK: Filipino fast food chain Binalot has kept 5 of its outlets open during the lockdown to deliver free meals to hospitals in Metro Manila. We’ve been making 900 meals a day, said Company President and CEO @RommelJuan . | @roycanivel_inq

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5 years

The Henry Sy Playbook: 9 lessons from PH’s richest man | @Philbizwatcher [Note: This news feature was originally posted on March 19, 2018. Today, January 19, 2019, Henry Sy Sr.passed away peacefully in his sleep.]

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4 years

@inquirerdotnet @miguelrcamusINQ Also, it looks like rival PLDT-Smart’s earlier move to get the stars of the Korean hit TV series Crash Landing on You (Hyun Bin & Son Ye Jin) is paying off. | @miguelrcamusINQ

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4 years

The country’s IT-BPM industry group has distanced itself from POGOs, after Malacanang suddenly considered POGOs as BPOs and allowed them to resume operations. In a statement, IT and Business Process Association of the Philippines (IBPAP) listed reasons why POGOs are not BPOs.

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3 years

JUST IN: ABS-CBN 2020 results: Losses +400% to P13.53B, revenues -50% to P21.42B due to Duterte admin shutdown of free-to-air broadcasts. ABS paid P1.1B in separation benefits to employees. Company cut over 4,500 jobs, including 2,674 regular employees. | @miguelrcamusINQ

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4 years

Converge ICT says it’s working to resolve major outage in Metro Manila, nearby provinces. Downdetector shows the problem started earlier this morning. | @miguelrcamusINQ

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2 years

Rustan Coffee Corporation, the authorized licensee of Starbucks stores in the Philippines, said they implemented today a P5-increase in the prices of all their beverages. | @AldenMonzonINQ /PDI

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4 years

@inquirerdotnet “Is that something I expect out of the Philippines? Probably not. We have our own set of problems,” he said. He said should look at the issue not just from a health perspective, but from an economic one as well, because the economy supports people. “I think that is important.”

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5 years

San Miguel Corp., the country’s largest conglomerate, is set to become the first Filipino company to utilize fully certified biodegradable plastic packaging.

In major green thrust, SMC to shift to biodegradable plastic packaging | Inquirer Business

San Miguel Corp. (SMC)—the country’s largest conglomerate—is set to become the first Filipino company to utilize fully certified biodegradable plastic packaging.

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3 years

LOOK: Cebu Pacific pays tribute to former president Benigno Aquino III. | @tinaarceodumlao

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3 years

READ: Makati Business Club lauded @mariaressa for her Nobel Peace Prize. | @roycanivel_inq

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5 years

Bittersweet history of iconic brand speaks of Filipinos’ resilience and deep bonds.

Beloved Serg’s stages a comeback | Inquirer Business

The ditty goes: “Darating na, darating na, si Mama at si Papa. Sana maalala, lambing natin sa kanila. Isang balot ng ‘I love you,’ isang balot ng Serg’s.”

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4 years

@inquirerdotnet In the company’s experience, the Philippines may be the only one which had banned public transporation during the lockdown. Moreover, China subsidized IMI nearly $2M to keep paying its workers in one of its factories, after its operations were closed because of the lockdown.

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4 years

Tycoon Ricky Razon-led Bloomberry to donate P60M worth of personal protective equipment, N95 masks, 100,000 #COVID19PH testing kits. | @Philbizwatcher

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4 years

@inquirerdotnet The company has manufacturing operations in other parts of the world, producing electronics for the automotive, the industrial, and the aerospace market. This has shown Tan how other countries responded to the crisis, doing more in areas where the PH may have stopped short. |

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4 years

LOOK: Abaca’s unique, porous fibers are ideal for making medical fabric. The crop has rapidly become a prized commodity as countries all over the world try to stop the spread of COVID-19 w/o a vaccine, armed only with masks & PPE to save lives. (📷: PhilFIDA) | @kocampoINQ

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8 years

6.2M viewers in Oct. to 2.65M in Dec: Is the #Aldub phenom losing its appeal? Read @josiahgo tomorrow on #Inquirer !

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4 years

“I would like to assure our kababayans (countrymen) that San Miguel Corporation’s food and beverage facilities continue to operate and that San Miguel will have enough food stocks for everyone throughout this crisis,” SMC president said. | @Philbizwatcher

'We will have food to eat,' SMC chief assures, amid Luzon lockdown | Inquirer Business

Conglomerate San Miguel Corp., a leading local food and beverage producer, gave public assurance on Saturday that there would be no shortfall in food

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4 years

San Miguel Corp. is donating 560,000 kilos of rice to various communities throughout Metro Manila as part of its ongoing initiative to help mitigate the impact of Covid-19 on the hardest-hit Filipino families. | @tinaarceodumlao

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9 years

LOOK: BDO officials' version of #Aldub kalyeserye | @Philbizwatcher

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4 years

@miguelrcamusINQ PLDT-SMART holds virtual launch of Son Ye Jin as the new face of Smart Signature. | @miguelrcamusINQ

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4 years

“Please tell the people. Don’t panic. There will be food and [basic] necessities. More than enough. There is no need to panic,” said DTI Secretary Ramon Lopez in a viber message to reporters, as the community quarantine extends to the rest of Luzon. | @roycanivel_inq

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4 years

@miguelrcamusINQ SMART Head of Consumer Wireless Jane Basas on talks with Son Ye Jin: “She knew of SMART because her friend Hyun Bin is an endorser.... I guess she trusted the brand because Hyun Bin trusted the brand.” | @miguelrcamusINQ

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4 years

READ: Makati Medical Center thanks the public for its support. | @tinaarceodumlao

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6 years

LOOK: Panda Express is coming to the Philippines. | @miguelrcamusINQ

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4 years

The donation of San Miguel Corporation (SMC) in the fight against the COVID-19 epidemic in the Philippines is nearing P1 billion. | @BLozadaINQ

SMC donation for COVID-19 efforts nears P1 billion; help extends to Iloilo, Leyte | Inquirer...

The donation of San Miguel Corporation (SMC) in the fight against the COVID-19 epidemic in the Philippines is nearing P1 billion.

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4 years

BREAKING: ABS-CBN Corp. offers Duterte admin the use its nationwide transmission assets for public education. It’s also offering the use of its library of educational content produced over the past 20 years. | @miguelrcamusINQ

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5 years

The UP Maroons are calling on Filipinos to buy rice from beleaguered local farmers. Atin ito! | @tinaarceodumlao

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6 years

DOF: PH ranks no. 1 among ‘best countries to invest in’ Read:

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3 years

LOOK: The National Quincentennial Committee shares photos of the P5000 Lapulapu commemorative banknote on May 1. | 📷National Quincentennial Committee

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4 years

Meet the Department of Agriculture's newest poster boy. The agency tapped actor-singer James Reid to be its ambassador on food security. This is part of the agency's efforts to promote the industry to the youth. 📷 Alan Jay Jacalan/DA | @kocampoINQ

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4 years

“It’s like they removed 50 percent of the advertisers’ reach. This is a big impact for us.” | @miguelrcamusINQ

Blank TV screens: ABS-CBN's fall spells losses for billion-peso ad industry | Inquirer Business

The day ABS-CBN Corp. was forced by the government to stop airing, advertising executives watched in horror as half their market vanished...

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4 years

San Miguel Corp. has donated over 8,400 sacks of flour to LGUs, bakers around Metro Manila to help keep small businesses afloat while ensuring that affordable, nutritious breads are available to their communities. A 25-kg bag of flour can make about 1,600 pieces of pandesal.

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11 months

The net inflows of foreign direct investments (FDI) into the Philippines fell by 34% to $488 million in May from $739 million in the same month of 2022, according to the Bangko Sentral ng Pilipinas. | @RonWDomingoINQ /PDI

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3 years

READ: San Miguel Corp likewise mourns passing of former president Aquino. | @tinaarceodumlao

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3 years

@inquirerdotnet @miguelrcamusINQ ABS-CBN’s online channel Kapamilya Channel, Ch. 11 A2Z blocktime helped bring P1B in revenues mainly in Q4 2020. International content distribution added $5.67M (P120M) in revenues. | @miguelrcamusINQ

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6 years

JUST IN: Only the China Telecom-backed bidder, Davao businessman Dennis Uy's Udenna Group, passes the first qualification round in the bidding to break the PLDT-Globe duopoly blamed for poor internet services in the country. | @VinceNonatoINQ

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4 years

Malls will be closed, except for drug stores, banks, and other basic services. This will start tomorrow until the end of the community quarantine, said DTI Secretary Ramon Lopez | @roycanivel_inq

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4 years

Coca-Cola has partnered with one of the world’s largest producers of plastic bottles to put a P1 billion recycling facility, which will be the largest of its kind here in the Philippines. | @roycanivel_inq

Coca Cola PH, partner putting up P1-B recycling facility | Inquirer Business

Coca-Cola has partnered with one of the world’s largest producers of plastic bottles to put a P1 billion recycling facility, which will be the largest of its kind here in the Philippines.

business.inquirer.net

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4 years

“No need to panic or worry that supply might run out,” says Century Pacific Food Inc. president Ted Po. #COVID19PH | @tinaarceodumlao

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4 years

Pres. Duterte will leave to his successor “an impressive P1.4 trillion worth of projects ready to be implemented” compared to just P50 billion at the end of Benigno Aquino III’s term, according to Finance Secretary Carlos Dominguez III. | @RonWDomingoINQ

P1.4T worth of projects to be passed on to Duterte successor | Inquirer Business

President Duterte will leave to his successor “an impressive P1.4 trillion worth of projects ready to be implemented” compared to just P50 billion at the

business.inquirer.net

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4 years

BASAHIN: Tiniyak ng Mercury Drug na maibabalik ang supply ng mga face masks matapos itong magkaubusan dahil sa ashfall na dulot ng pagsabog ng Bulkang Taal.

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4 years

Here are some guidelines for contactless delivery:

Annelle Tayao-Juego

@neltayaojuego

4 years

To help prevent further contamination of CoViD-19, Grab Food has released these guidelines for contactless delivery:

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5 years

SMB’s newest flavored beer: San Miguel Lychee (3% alcohol content) | @Philbizwatcher

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4 years

The Meralco team puts finishing touches on the Rizal Memorial Stadium. The Rizal Memorial Stadium is being converted into a government COVID19 medical facility. | @tinaarceodumlao

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4 years

Teresita Herbosa, former chair of the Securities and Exchange Commission (SEC), said owners are allowed to decide what to do with their corporations but not the NTC or members of Congress. | @miguelrcamusINQ

Ex-SEC chair reminder on bid to seize ABS-CBN from Lopezes: There are laws | Inquirer Business

As President Rodrigo Duterte’s allies in the House of Representatives seek ways to pressure the influential Lopez family to exit ABS-CBN Corp., they

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JUST IN: Jollibee chairman Tony Tan Caktiong: "The acquisition of The Coffee Bean & Tea Leaf® brand will be JFC’s largest and most multinational so far with business presence in 27 countries." Read:

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ABS-CBN makes big digital push with launch of Kapamilya Online Live | @miguelrcamusINQ

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4 years

This is not just a health crisis anymore. It’s an economic issue too, one that millions of suddenly displaced workers will understand as hunger. And even business groups are worried. This, 32 groups said, “may trigger violence and longer term social tensions.” | @roycanivel_inq

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4 years

Phinma joins the entire country in celebrating Ninoy Aquino Day, a national non-working holiday commemorating the assassination of former Senator Benigno "Ninoy" Aquino, Jr. at the tarmac of Manila International Airport. | @tinaarceodumlao

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3 years

AirAsia Philippines awards Olympic silver medalist Nesthy Petecio w/ free unlimited flights for 5 years. AirAsia PH adds 14 other Filipino Olympians to get 3 free round trip tickets to any domestic destination. | @miguelrcamusINQ

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5 years

If Apple has Siri and Google has Alexa, BPI has Bea, digital banking assistant who can help user view balance, transfer money, pay BPI credit card. | @Philbizwatcher

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