Editor’s Pick

Manila Water, MWSS again push back date for new concession deal

Water concessionaire Manila Water Co., Inc. said on Monday that it would extend anew the effectivity period for its revised concessions agreement (RCA) with the government. Manila Water and Metropolitan Waterworks and Sewerage System (MWSS) signed a third amendment to extend the start of the effectivity of the RCA to …

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MMFF launches short films by creators on Facebook

FERRY boats served as the floats for the entries to this year’s Metro Manila Film Festival in the first-ever Fluvial Parade of Stars along the Pasig River. THE METRO Manila Film Festival (MMFF) has partnered with Meta, formerly the Facebook company, to showcase short films by Filipino creators on Facebook. …

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PSE reclassifies 11 firms to new sectors, subsectors

BW FILE PHOTO The Philippine Stock Exchange (PSE) will reclassify 11 listed firms to new sectors and subsectors by next week, Dec. 27. In a circular published on Monday, the local bourse said the reclassification “is in consideration of corporate developments disclosed to the exchange as well as the result …

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Figaro Coffee Group ‘cautiously optimistic’ on growth plans

https://figaro.ph/ By Keren Concepcion G. Valmonte, Reporter Figaro Coffee Group, Inc. is “cautiously optimistic” about its growth plans as it prepares for a P1.77-billion initial public offering (IPO) in January. “We’re targeting about 150 system-wide stores across all our brands by the end of next year — that’s the target, …

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The sound of Christmas

CHRISTMAS tunes are very popular in the Philippines according to Spotify’s 2021 Holiday Music Listening Trends list, taking the 6th spot among countries with most Christmas songs played across the globe. The Philippines had over 216 mil-lion plays of holiday songs. Using data gathered between Nov. 1 and Dec. 9, …

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Colliers expects real estate recovery next year

BW FILE PHOTO Colliers Philippines expects a rebound for the country’s property market next year on the back of the country’s coronavirus disease 2019 (COVID-19) vaccination rate and improved consumer and business confidence, the real estate services firm said in a report on Monday. “The Philippine property marketing is raring …

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Rebirth of Digitalization: A booster for taxpayers and the government

Christmas commemorates the birth of Jesus and is observed every Dec. 25. A few days more, and we will be officially celebrating the holiday most associated with giving. And despite the COVID-19 pandemic, it looks like the long-awaited recovery is taking hold. Many changes have transpired since COVID-19 upended our …

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Malaysian manufacturers fear heavy losses from floods

A man and his child stand in flood water in Shah Alam, Selangor state, Malaysia, December 19, 2021. REUTERS/Rozanna Latiff KUALA LUMPUR — Malaysia’s manufacturers association said on Monday that floods which cut off roads and led to mass evacuations over the weekend have likely resulted in heavy losses for firms in the affected areas. Soh …

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Vietnam cement importer calls dumping charges discriminatory

AN IMPORTER of cement from Vietnam said the industry is being treated unfairly because anti-dumping duties have been imposed on such imports even though the investigation into the actual harm done to domestic producers is only in its preliminary stages. “(The Department of Trade and Industry [DTI] has imposed) the …

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