Shadow

Business

OVY leads Southern Star Bus annual stockholders’ meeting

OVY leads Southern Star Bus annual stockholders’ meeting

Business
Yanson matriarch Olivia V. Yanson (OVY) led the annual election of another of the family's bus companies on Monday, January 17. The stockholders of Southern Star Bus Transport Inc. (SSBTI) re-elected as directors OVY, Leo Rey Yanson, Ginnette Y. Dumancas, Charles M. Dumancas and Arvin John V. Villaruel, a press release from the firm said. Following the election of the directors, the board held an organizational meeting wherein Leo Rey was re-appointed as chairman of the board and president of SSBTI, while OVY was re-appointed as SSBTI’s corporate secretary and treasurer, the statement said. On January 15 and 16, OVY and Leo Rey also led the election of directors and officers in sister companies Mindanao Star Bus Transport Inc. (MSBTI) and Bachelor Express Inc. (BEI). On De...
Yanson matriarch, son lead two Mindanao bus firms

Yanson matriarch, son lead two Mindanao bus firms

Business
Bachelor Express Inc. (BEI) held its annual stockholders’ meeting with family matriarch Olivia V. Yanson (OVY) heading the board election Sunday, January 16. During the meeting OVY, Leo Rey V. Yanson, Ginnette Y. Dumancas, Charles M. Dumancas, Rey C. Ardo, Arvin John V. Villaruel, Anita G. Chua, Daniel Nicolas P. Golez, Hernan B. Omecillo, Danny O. Lorenton, and Alfredo O. Ligo, Jr. were re-elected as members of BEI’s Board of Directors, a press release said. BEI is a public transport firm plying the routes of Mindanao. Following the election of the directors, the Board held an organizational meeting wherein Leo Rey was re-appointed as chairman of the board and president of BEI, while OVY was re-appointed as BEI’s corporate secretary and treasurer. OVY was appointed last y...
Kiko says lower tax rate boost to private schools

Kiko says lower tax rate boost to private schools

Business, Top Stories
Rep. Francisco "Kiko” Benitez (Negros Occidental, 3rd District) said Friday, January 7, that Republic Act 11635 will enable all private schools to avail of a 1 percent income tax rate until June 2023. President Rodrigo Duterte signed RA 11635 reducing the preferential tax rate of 10 percent to 1 percent imposed on proprietary educational institutions. Benitez, principal author of the measure in the Lower House, said that RA No. 11635 provides a clearer tax regime for private schools. The new law will reduce the operational costs of private schools during these challenging times, and hopefully will provide fiscal space for new investments to transition to digital learning, he said. The Coordinating Councilor of Private Educational Associations (COCOPEA) thanked the presiden...
SM Holiday Market ‘helps connect local producers to eager buyers’

SM Holiday Market ‘helps connect local producers to eager buyers’

Business
A new year has ushered in but the holiday season is not quite over yet. The Christmas Bazaar at SM City Bacolod is still going strong, albeit the slight drop in customers and sales as the year 2022 ushered in. For local entrepreneurs like Cata Ereñeta-Manaloto, proprietor at Ereñeta Manaloto Chorizo de Bacolod, the bazaar that SM City Bacolod set up inside the mall helped producers in selling to a wide and diverse market. “This Christmas market helped connect our local producers to very eager customers,” said Manaloto, an officer of the Association of Negros Producers (ANP). The ANP has been actively assisting micro, mall and medium enterprises (MSMEs) for over 30 years, partnering with government and private institutions in seeking growth opportunities for local producers...
Globe restores services in more towns in Bohol, Cebu, Leyte

Globe restores services in more towns in Bohol, Cebu, Leyte

Business
Globe has restored network services in more towns in Bohol, Cebu and Leyte bringing Visayas closer to completion. The municipalities of Anda, Dauis, Loon and Panglao in Bohol, San Fernando in Cebu, and Baybay, Albuera in Leyte, and Limasawa in Southern Leyte have completed repairs. Globe, through the help of local government units, has made it possible to hasten restoration efforts across different provinces hit by Typhoon Odette. In Mindanao, network services have also been restored in Tagana-an, Surigao del Norte. Communication assistance Globe equipped local government units in areas hit by Typhoon Odette with the M360 platform, providing a one-time package with free SMS blast services for 30 days. This initiative aims to aid LGUs in their ongoing community disaster rel...
Globe restoration efforts in VisMin continue to see significant progress

Globe restoration efforts in VisMin continue to see significant progress

Business
Globe is nearing the completion of needed repairs in Visayas and Mindanao to provide mobile network services to our affected customers. Globe’s field teams are working round the clock to bring communications facilities back up following the devastation caused by Typhoon Odette. More towns are seeing significant progress in repairs. Globe, with the help of local government units, made it possible to hasten restoration efforts across different provinces hit by the typhoon. #GlobeOfGood Globe and TM customers can still donate their Globe Rewards points through the New GlobeOne app, and support Ayala Foundation, GMA Kapuso Foundation, and Rise Against Hunger Philippines in their on-ground relief operations. Customers can also donate through GCash. To access the #GCashGivesB...
Yanson matriarch leads Ceres stockholders meet

Yanson matriarch leads Ceres stockholders meet

Business
After leading the annual stockholders meeting and board election of Vallacar Transit Inc. on December 4, Olivia V. Yanson (OVY) once again led the annual stockholders meeting and board election of sister company Ceres Liner Travel and Tours Inc. (CLTTI )in her dual capacity as conjugal co-owner and court-appointed special administrator of the estate of her late husband Ricardo B. Yanson. In an order dated Oct. 21, 2021, a Bacolod court appointed OVY as special administrator of the estate of Ricardo, a press release from CLTTI said. During the meeting held at CLTTI's principal office at Brgy. Mansilingan, Bacolod City, on Monday, January 3, OVY, Leo Rey V. Yanson, Ginnette Y. Dumancas, Charles M. Dumancas, Anita G. Chua, Arvin John V. Villaruel and Daniel Nicolas Golez were re-el...
Globe network services back in Negros Island

Globe network services back in Negros Island

Business
Globe’s mobile services are back in Negros Island enabling call, text and data for its customers. Negros Occidental is now fully restored, while 21 municipalities in Negros Oriental are back up, a press release from the firm said Thursday, December 30. In Cebu, mobile network services in most cities and municipalities have also been restored. Tower on Wheels were deployed to provide back-up connectivity while restoration efforts are ongoing. And in Palawan, three new municipalities namely Araceli, Dumaran and San Vicente were added to the restored list. Globe’s field teams are working round the clock to bring communications facilities back up following the devastation caused by Typhoon Odette. More towns are seeing significant progress in repairs, the press release said.* ...
Globe restores services in Leyte, Southern Leyte

Globe restores services in Leyte, Southern Leyte

Business
Globe’s efforts to restore mobile network services in Leyte and Southern Leyte are 50% complete. This includes 41 municipalities and cities in Leyte, and 5 towns in Southern Leyte. Globe’s field teams are working 24/7 to bring communications facilities back following the devastation caused by Typhoon Odette. More towns are seeing significant progress in repairs. In Cebu, 20 areas are now restored. GoWiFi facility is also up and running in Mactan Airport with open access to all users. Earlier, Globe restored services in the whole of Samar, Antique, Biliran, Capiz, Guimaras, Iloilo and Siquijor. Globe, through the help of local government units have made it possible to hasten restoration efforts across different provinces hit by typhoon Odette. GlobeOfGood Customers can n...
McDonald’s Forbes Hill launches ‘Smile-Thru’

McDonald’s Forbes Hill launches ‘Smile-Thru’

Business
The McDonald’s Forbes Hill NXTGen outlet officially lighted up its “Smile-Thru” with a dazzling display of colorful lights to celebrate Christmas and the New Year, Wednesday night, December 29. The store’s drive-thru facility has been transformed into a 145 feet-long glittering tunnel of lights where customers can take selfies and groufies as they move from one station to another without having to step out of their vehicles as they wait for their orders. The “Smile-Thru” will be a permanent feature at McDonald’s Forbes Hill, with the lights and design concept changing periodically based on the holidays celebrated throughout the year, Harold Geronimo Megaworld senior assistant vice president and head of public relations and media affairs, said. In January the tunnel’s design w...
Secured By miniOrangeSecured By miniOrange