Megaworld dominates Iloilo office market with 70% market share

Posted by watchmen
May 11, 2021
Posted in BUSINESS

Company achieves 100% occupancy in its 100,000-sq.m. PEZA-accredited  office spaces in Iloilo Business Park even during the pandemic Megaworld, the largest office lessor in the country, reports that it is now dominating the office leasing market in Iloilo City, with a remarkable 70% market share based on an internal study conducted in April. As of end-April …

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For sustainability and financial inclusion: GCash, GerWeiss partner for sustainable travel in Boracay

Posted by watchmen
May 11, 2021
Posted in BUSINESS

GCash continues to deliver on being a sustainable payment solution for the travel industry by forging a partnership with GerWeiss, a homegrown sustainable transport provider with a nationwide presence.  The partnership, which started in Boracay, focuses on cashless payments for GerWeiss’ fleet of electric tricycles or e-trikes as they’re more popularly known. GCash users can …

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GERI SELLS MORE RESIDENTIAL PROJECTS IN THE PROVINCES

Posted by watchmen
April 28, 2021
Posted in BUSINESS

Company’s net income reached P1.3B despite the effects of the pandemic Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates and a subsidiary of Megaworld, sold residential projects worth almost P12-billion in its various developments in the provinces, particularly in Boracay, Antipolo, Cavite, Laguna, and Batangas. In Boracay Newcoast alone, the …

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Pag-IBIG Fund grants 5,074 socialized home loans to low-wage earners in Q1 2021, up by 25%

Posted by watchmen
April 23, 2021
Posted in BUSINESS

Pag-IBIG Fund granted socialized home loans to 5,074 members from the minimum wage and low-income sectors totaling P2.2 billion in the first three months of 2021 despite the continuing pandemic, according to the top executives of the agency.  Socialized home loans make up about 25% of the 20,712 total number of loans financed by the …

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Amidst virus spike, InLife continues to offer free COVID-19 insurance for essential workers

Posted by watchmen
April 20, 2021
Posted in BUSINESS

As coronavirus infections escalate in the country, Insular Life (InLife) is strongly driving the push to offer free COVID-19 insurance to help essential workers cope with the disease.  The free insurance cover is under a program called “Chain of Protection” (CHoP), to provide financial protection to 110,000 people who work in vital, non-medical industries. Launched …

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COCA-COLA SHARES THE STORIES OF WOMEN BEHIND EVERY BOTTLE

Posted by watchmen
April 19, 2021
Posted in BUSINESS

Coca-Cola has been bringing refreshing moments to Filipinos for 108 years—with 20 manufacturing plants, over 70 distribution centers and sales offices, and 10,000 associates across the country, via its manufacturing arm Coca-Cola Beverages Philippines, Inc. (CCBPI). The key to the success of the world’s most loved beverage lies in how each bottle is made through …

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DBP grants P1.275B to boost healthcare in Tuguegarao and Bulacan

Posted by watchmen
April 16, 2021
Posted in BUSINESS

State-owned Development Bank of the Philippines (DBP) has signed two term loan agreements amounting to P1.275-billion with Allied Care Experts (ACE) Medical Group for the enhancement of its two health facilities located in Northeast and Central Luzon, a top official said. DBP President and Chief Executive Officer Emmanuel G. Herbosa said that P655 billion will …

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