One of the country’s leading jewelry retailers, Royal Gem, opened its 35th branch last Friday at the Ayala Capitol Central Mall in Bacolod City. According to Royal Gem marketing manager Carmina Agnes Racaza, the Bacolod City branch will showcase a wide array of jewelry collections. “We have a good mix of diamonds, south sea pearls, …
COMMUNITY
‘Year One in Iloilo City’
I was invited to the “Year One in Iloilo City” event last Labor Day and celebrated the Courtyard by Marriott Iloilo’s first year in the city. I was welcomed by Marketing Communication Manager Nico Ivan Velasquez, where guests donned different attire from around the world. Familiar faces spotted poolside included travel and tour operator Lorna …
Cebu Pacific opens applications for new batch of cadet pilots
Leading Philippine carrier Cebu Pacific is opening applications for a seventh batch of cadet pilots to be trained at the prestigious Flight Training Adelaide (FTA) in Australia through Cebu Pacific’s “study now, pay later, zero-interest” training program. The carrier will be selecting 16 cadet pilots to join six other batches currently undergoing pilot training in …
BDO Foundation, BSP and DepEd push financial education for pupils
BDO Foundation, the Bangko Sentral ng Pilipinas (BSP) and Department of Education (DepEd) are ramping up efforts to maximize the benefits of their financial education program for public school students through the K-12 curriculum. DepEd Secretary Leonor Magtolis Briones recently issued Memo no. 32, Series of 2019, announcing the dissemination of the financial literacy learning …
Megaworld’s profit up 18% to P4.1B in 1Q 2019
Net profit soars on the back of strong core revenues Property giant Megaworld, the country’s pioneer and largest developer of townships, saw its net income grow by 18% to P4.1 billion in the first quarter of 2019 from P3.5 billion during the same period last year. Excluding a non-recurring gain of about P189 million …
Isuzu and Wuerth enter into parts partnership
Stretching the full potential of its parts sales business, Isuzu Philippines Corporation (IPC) entered into a one-year partnership with the Philippine’s division of the Wuerth Group starting April 1, 2019. In the partnership, Wuerth will manufacture the Isuzu Silicone Spray (500 mL) which removes unusual squeaking sound on window glass run channel and provides good …
Local mall plans events for Mother’s Day
With Mother’s Day taking place this weekend, May 12, the Ayala Capitol Central Mall is planning an array of activities for shoppers to celebrate their mothers. In celebration of the holiday, the mall plans on giving away free roses to the first 100 customers. “We believe that all moms are special and they deserve to …
SSS releases over P30.5B salary loans in 2018
State-run Social Security System (SSS) yesterday said more than P30.5 billion in salary loans were released in 2018 to over 1.8 million member-borrowers. SSS President and Chief Executive Officer Aurora C. Ignacio said that salary loan acquisition rose to 5.3 percent last year compared with the preceding year. “We are glad that we are able …
BDO leasing revenues up 2% in 1Q
BDO Leasing and Finance, Inc. (BDOLF) posted a two percent growth in gross revenues to P795 million in the first quarter (1Q) of 2019. However, margin compression resulting from the company’s short-term liabilities adjusting faster to higher interest rates vis-a-vis its lease receivables (which carry rates fixed for three to five years, dragged the bottom …
Toyota owners, celeb drivers race at the Vios Autocross Challenge
Toyota Motor Philippines (TMP) brought back waku-doki this year with a bigger and better motorsports program, the Vios Racing Festival. The country’s number one automotive brand started the festival this summer with the Vios Autocross Challenge on April 28, 2019, 9:00 a.m., at Block 16, Mall of Asia open grounds. Admission was free and many …