DoubleDragon Corporation’s (“DoubleDragon”) offshore subsidiary, Hotel 101 Worldwide Private Limited “(Hotel 101 Worldwide)”, completed the change of its principal activities on Singapore’s Regulatory Authority. The amendment in Singapore’s Accounting and Corporate Regulatory Authority (ACRA) is covered by Receipt # ACRA220211134043 dated February 11, 2022. The change and update of its primary and secondary activities now …
BUSINESS
GT FOUNDATION CELEBRATES OVER A DECADE OF GIVING BAGS OF BLESSING
GT Foundation, Inc. (GTFI) and Metrobank Foundation, Inc. (MBFI) virtually kicked off their sustained gift-giving tradition known as “Bags of Blessing” on February 1, 2022 as part of their Chinese New Year celebrations. This Year of the Water Tiger marks over a decade of the program which has touched the lives of 98,000 families …
PAG-IBIG MEMBERS SAVE RECORD-HIGH P26 B IN MP2, UP 95% IN 2021
Amid the ongoing health crisis, Pag-IBIG Fund members still showed preference for the MP2 savings program in 2021 as total savings reached nearly P26 billion, setting yet another record for the amount saved voluntarily by members in a year, agency officials said. In only 12 months, members’ savings under the Modified Pag-IBIG 2 (MP2) Savings …
Members save record-high P63.7-B in Pag-IBIG Fund in 2021, up 32%; MP2 jumps 95% to P26-B
Pag-IBIG Fund members saved more than P63 billion last year, attaining yet another record-high amid the pandemic, according to agency officials. In 2021, the amount collectively saved by members with Pag-IBIG totaled P63.67 billion – the highest amount in the agency’s history. The total savings collected last year jumped 32% from the P48.18 billion collected …
InLife, Insular Foundation extend assistance to Typhoon ‘Odette’-affected communities
To help Filipinos affected by super typhoon “Odette,” Insular Life (InLife) and its corporate social arm Insular Foundation carried out disaster response initiatives. InLife and Insular Foundation raised P2 million to help families in typhoon-affected communities in Palawan, Visayas and Mindanao, particularly in Cebu, Bohol, Dumaguete, and Surigao del Norte. Additionally, the Insular Foundation provided …
Pag-IBIG Fund finances 22,028 socialized homes in 2021, up 30%
Pag-IBIG Fund financed more homes for low-income earners in 2021 even during the pandemic, top executives said on Monday, January 24. In 2021, the number of socialized homes financed by Pag-IBIG Fund increased 30% to 22,028 compared to the 16,975 socialized units funded in 2020. The amount of socialized housing loans, meanwhile, surged 37% to …
Nissan develops photon upconversion solids with outstanding performance Reducing CO2 emissions by enhancing artificial photosynthesis efficiency
In collaboration with the Tokyo Institute of Technology, Nissan Motor Co., Ltd. has developed photon upconversion (UC) solid materials with outstanding performance that can improve the efficiency of artificial photosynthesis. By artificial photosynthesis, water is split into oxygen and hydrogen. The hydrogen is then reacted with CO2 to produce raw compounds, such as olefins, for …
Pag-IBIG home loan releases surpass P100-B in 2021
Pag-IBIG Fund has once again set a record-high as home loans breached P100 billion, even amid the ongoing pandemic, agency officials announced on Friday, January 21. For 2021, Pag-IBIG Fund released home loans worth P97.28 billion. And, with interim releases for loans for house construction and renovation amounting to P3.5 billion, total releases have reached …
NGCP WARNS OF THIN SUPPLIES DURING SUMMER SEASON, APPEALS FOR EFFICIENT ENERGY USE
Power transmission operator National Grid Corporation of the Philippines (NGCP) warns of thin power supply this summer due to higher demand in the new normal, and highlights the need for policies to supporting demand side management to ensure adequate power during the upcoming presidential elections in May. The Department of Energy (DOE) forecasted a total …