Google has partnered with IdeaSpace in a bid to boost the Philippines growing startup industry. Google Developers Launchpad is set to connect non-profit organization IdeaSpace, the Philippines’ largest private sector-supported organization for early-stage technology entrepreneurship, to top accelerators around the world to leverage their best practices and resources. IdeaSpace is also being given access to […]
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Good Business showcases outstanding business practices and industry progress
Philippine economy expands 6.2 percent, 2nd best in Asia
The Philippine economy has expanded by 6.2%, the second-best growth rate in Asia. The July-September economic performance of the country reported by the Philippine Statistics Authority (PSA) on Thursday indicated that the gross domestic product (GDP) grew by 6.2 percent in the third quarter of 2019. The Philippines ranks second to Vietnam’s 7.3% but ahead […]
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Halal coconuts lead FoodPhilippines showcase at SIAL Middle East in Dubai
The Philippines’ halal coconuts will lead the FoodPhilippines showcase at the 10th edition of SIAL Middle East to be held at the Abu Dhabi National Exhibition Centre in Dubai on December 9-11, 2019. Coconut products, one of the Philippines’ top halal export products, will be featured in SIAL Middle East 2019. The country’s participation in […]
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Philippines’ Sycwin is world’s 1st company with industrial brands certified lead-safe paint
Philippine paint manufacturer, Sycwin Coating & Wires, has been declared the world’s first company to have its industrial brand paints certified lead-safe. Sycwin’s entire portfolio of architectural paints of 10 brands and 590 paint products have been certified under the Lead Safe Paint® standard, an independent certification program that verifies paints with the strictest regulatory […]
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BPI opens biggest branch in Makati
Bank of the Philippine Islands (BPI) opened the new BPI Makati Main Branch, its biggest branch in the Makati Central Business District. The new BPI Makati Branch inaugurated on October 24 has a current area of 2,943 square meters and will be expanded come December 2020, adding another 179 sqm. The new branch is intended […]
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ASEAN Green Bonds, credit ratings, and 38.6% increase in net income mark BPI’s 3rd-Quarter milestones
The Bank of the Philippine Islands (BPI) posted Php 8.29 billion in Net Income in the third quarter of 2019, higher by 38.6% compared to the third quarter of 2018, during the period that was marked by several milestones for the Philippine bank, among them the S&P Global Ratings and the pioneering of ASEAN Green […]
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Philippines surges 29 notches in World Bank’s “Doing Business 2020” Report
The Philippines surged 29 notches to the 95th rank in World Bank’s (WB) “Doing Business 2020” Report released in October, indicating the regulatory environment in the country is more conducive to the starting and operation of a local firm. The Southeast Asian nation improved on its prior 124th ranking in 2018 for “ease of doing […]
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Global hotel chain Wyndham Destinations opens Asia-Pac headquarters in Clark
Global hotel chain Wyndham Destinations has opened its new regional headquarters in Clark, Pampanga to support its expanding Philippines-based team and its growth across Asia Pacific. The Florida-based Wyndham Destinations has expanded its personnel from five in 2016 to more than 300 team members in three years. The Wyndham Destinations Asia-Pacific headquarter which cost PhP150 […]
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Bohol’s Dalareich chocolate brand wins APEC Best Award in Chile
Dalareich Chocolate House is cementing its world reputation as a complementary stop when visiting the Chocolate Hills of Bohol after the Filipino chocolate brand won its third international recognition from the Asia-Pacific Economic Cooperation (APEC) Summit held in Chile in October. The house of chocolate in Tagbilaran established by the Polot family and bearing their […]
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BPI Capital clinches recognitions from 3 Asian award-giving bodies
BPI Capital Corporation, the investment banking arm of Bank of the Philippine Islands (BPI), has again clinched multiple recognitions from award-giving bodies in Asia. BPI Capital was cited by FinanceAsia, The Asset, and Asian Banking and Finance. TWO FINANCEASIA AWARDS The first bank in the Philippines was recognized during the 2019 FinanceAsia Country Awards as […]
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Top local bank says Philippines ripe for investment-led growth
Investments may now play a bigger role in the Philippines’ economy replacing consumer-led growth, says Bank of the Philippine Islands (BPI) President and Chief Executive Officer Cezar P. Consing. In a recent gathering of finance and treasury leaders, the leader of the country’s first and top bank said the contributors to economic growth are changing […]
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Global hotel chain Marriott triples expansion in the Philippines
Marriott International expects to more than triple its expansion in the Philippines within the next five years. The global hotel chain said it is working on having over 5,000 rooms in the country by the end of 2024. The international company based in Maryland, U.S.A. announced on September 24 that five new brands including The […]
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