Gracing the momentous milestone were (from left) 7-Eleven's Operation's Special Project Specialist Mr. Leody Arsenio; Visayas 2 District Manager Mr. Ramon Almira; Tax Section Manager Mr. Arianne Ulep; Regional Operations Planning & Support Section Manager Mr. Andrew Bravo; Regional Operations Manager-Visayas Mr. Francisco Gayanilo; Pito AxM Platform, Inc. (PAPI) President Mr. Masanori Sakaguchi; ATM Operations Head Ms. Ricci Pagkalinawan; and IT Project Manager Mr. Mat Tacolod.

7-Eleven PH marks new milestone with 2,500th ATM

SOLIDIFYING its position as a retail convenience store chain leader, 7-Eleven constantly innovates to meet the evolving needs of its customers. Philippine Seven Corporation (PSC),...
Tourism Undersecretary Myra Paz Valderrosa-Abubakar. PNA PHOTO BY JOYCE ROCAMORA

PH positioned as Asia’s next Muslim-friendly destination

THE Philippines, a predominantly Catholic country, continues to embrace inclusivity and is positioning itself to become Asia’s next top Muslim-friendly destination. Tourism Undersecretary Myra Paz...
Boracay tourists are drawn to sand castles – one of the main attractions in the island. MALAY-BORACAY TOURISM OFFICE PHOTO

Tourism share to economy stands at P1.38T – PSA

THE contribution of tourism to the Philippine’s economic output grew larger in 2022 amid the reopening of both domestic and international borders as the...
Cash remittances from overseas Filipinos hit 14.6 billion dollars in the first six months of 2019. REUTERS

Cash remittances at $2.48-B in April: BSP

CASH remittances from overseas Filipinos that are coursed through banks reached $2.48 billion in April, up 3.7 percent compared to the same period...
MARONILLA

BOC eyes to surpass target collections to boost gov’t funding

THE Bureau of Customs (BOC) is aiming to consistently surpass its collection targets to help fund the economic goals of the administration of President...
DIOKNO. DOF PHOTO

Maharlika fund pitched to Singaporean investors

THE administration's economic managers headed by Finance Secretary Benjamin Diokno yesterday encouraged foreign investors in Singapore to support the Philippines' proposed Maharlika Fund. During the...
The achievement of upper middle-income status would "render the country ineligible to avail of the low-interest loans and grants that are offered to low-income and lower-middle-income economies," the administration's economic managers said in a joint statement on Tuesday. TED CORDERO/ FILE PHOTO

Maharlika Fund touted as alternative financing option

THE Marcos administration’s economic managers reaffirmed their support for the Maharlika Investment Fund (MIF), saying it could serve as an alternative financing option for...
Philippine banks were among those included in Forbes’ “World’s Best Banks.” These lenders were rated on general satisfaction. PHOTO COURTESY OF ABS-CBN NEWS

Senate probe sought vs ‘abusive’ online lenders

A SENATOR filed on Tuesday, June 13, a resolution seeking an investigation into the rise of "unauthorized and unregistered" online lending platforms in the...
The Philippines' First Sustainable Recovery Development Policy Loan aims to boost government reforms such as renewable energy, plastic waste management, promotion of green transport, and reduced climate-related fiscal risks from the agriculture sector. PHOTO COURTESY OF ABS-CBN NEWS

World Bank lends $750M to PH for clean energy, climate

THE World Bank has approved a $750 million (P41.9 billion) financing to boost the Philippines' environmental protection and climate resiliency reforms. In a statement, the...
Passenger car and commercial vehicle segments posted a growth of 40.6 percent and 46.3 percent in May 2023, with sales of 9,792 and 28,385 units, respectively. PHOTO COURTESY OF PNA

May auto sales jump 44.8%

THE Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported on Tuesday, June 13, that year-on-year automotive...