Covid-19 closes KidZania
ABS-CBN Corp. has decided to cease the operations of its edutainment facility KidZania Manila, operated by Play Innovations Inc., due to the Covid-19 pandemic. It will be permanently closed on August 31.
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ABS-CBN Corp. has decided to cease the operations of its edutainment facility KidZania Manila, operated by Play Innovations Inc., due to the Covid-19 pandemic. It will be permanently closed on August 31.
The Energy Regulatory Commission (ERC) has moved to September the public hearings on the applications of Solar Philippines Tanauan Corp. (SPTANC) to develop transmission facilities to connect its solar power facilities to the substations of the Manila Electric Co. (Meralco).
The Power Sector Assets and Liabilities Management Corp. (PSALM) said it is selling its property in Paco, Manila, for P513 million.
Agrinurture Inc. (ANI), the agribusiness arm of businessman Antonio Tiu, said it has signed a deal with a unit of DFNN Inc., for the acquisition of shares in one of its financial platforms via a share-swap transaction.
The owners of 55 lots in Makati have accepted the purchase offer of the private consortium undertaking the construction of the Makati Subway to date, according to lawyer Claro Certeza, City Administrator.
BDO Leasing and Finance Inc. swung to profitability in the first semester, a turnaround from the net loss it incurred in the same period last year.
BDO Leasing and Finance Inc. swung to profitability in the first semester, a turnaround from the net loss it incurred in the same period last year.
The Land Bank of the Philippines (LandBank) said its total loan to the agriculture sector in the first half rose by 3.57 percent to P227.47 billion, from P219.62 billion last year.
Phoenix Petroleum Philippines Inc. was assigned by local debt watcher Philippine Rating Services Corp. (PhilRatings) a PRS Aa minus (corp.) rating for the issuance of its three-year P10-billion commercial papers (CPs) program.
KonsultaMD, the telehealth service of Globe Telecom Inc., recorded a 450-percent surge in consultations in April versus January this year, as more and more Filipinos seek remote medical help due to the Covid-19 pandemic.
Megaworld Corp., the property development arm of businessman Andrew Tan, on Tuesday said it has booked P38 billion in reservation sales for various residential projects during the first half of the year.
Sun Life Asset Management Company Inc. (SLAMCI) breached the P94-billion mark in assets under management (AUM) in the first half of the year, as it rose above current market challenges due to the Covid-19 pandemic.
Aboitiz InfraCapital Inc.-subsidiary Apo Agua Infrastructura Inc. is fast-tracking the construction of the bulk water supply facility in Davao City and is looking at adding 3,000 more workers by November.
THE entrepreneurial spirit among Southeast Asian women is high compared to their counterparts elsewhere in the world, revealed the second annual Global Entrepreneurship Survey 2020 of Herbalife Nutrition.
Agricultural exporters and local food entrepreneurs are being urged to conform with the international safety guidelines for reducing the chances of contracting the coronavirus disease 2019 (Covid-19) from food or food packaging, and spreading the pandemic.
The health pandemic has affected the lives of millions of workers worldwide, its impact far reaching and devastating to a multitude of industries. Once lucrative enterprises in tourism, hospitality, or events management are reeling from the losses and lost income opportunities, and it may take them a few years to fully recover. If there are lessons learned during the pandemic, it is that any business—whether it is a large-scale manufacturer, a back office with 50 workers, or a microenterprise with a home-based operation—must be ready to face any crisis, without the need to sacrifice workers’ welfare.
Passion and the innate desire to be a major player in the business field are normally the major driving factors that motivate entrepreneurs to put up their brands.
Coca-Cola Philippines has partnered with the Department of Trade and Industry (DTI) and two of the country’s leading micro-financial institutions, to allocate and distribute P157 million in funds to more than 15,000 retailers whose enterprises were affected by the COVID-19 pandemic and community quarantine.
Following the approval for commercial release of Philippine-made Covid-19 test kits, the chairman of the House Committee on Ways and Means said the lower chamber will ensure that tax incentives for local health innovations will be included in the proposed Corporate Recovery and Tax Incentives for
Enterprises (Create) law.
The damage done by the Covid-19 pandemic to the economy continues to unfold.
Broker Philstocks Financial Inc. said the Philippine Stock Exchange index (PSEi) could reach between 6,500 points and 7,050 points by the end of 2020, but corporate earnings will be depressed for the rest of the year.
Money continues to flow into government coffers rather than into consumption as the Bureau of the Treasury raked in P20 billion after fully awarding Treasury Bills (T-bills) in Monday’s auction. The auction was met with robust investor demand even with the ongoing sale of Retail Treasury Bonds (RTBs) and rates remain low.
Cebu Pacific reminded passengers flying to Davao City that they will be required to submit a negative Covid-19 RT-PCR (real-time polymerase chain reaction) test taken within 48 hours before departure starting July 20.
Sales of Renault SA’s all-electric Zoe car jumped 38 percent in the first half, a rare bright spot amid the grim fallout of the coronavirus pandemic
Conglomerate San Miguel Corp. (SMC) has asked its underwriters to start a series of investors’ calls in Asia and in Europe for the launch of its own dollar-denominated senior perpetual securities.
The government has so far marked over P10 billion liters in its bid to recover lost revenue from oil smuggling in the country.
Sy-led BDO Unibank Inc. announced it is not closing any of its branches despite the adverse effects of lockdown measures against the coronavirus pandemic.
Globe Telecom Inc. has partnered with Google for Education to capture the growing demand for e-learning service bundles amid the Covid-19 pandemic.
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