Business

The top executive of the Yanson Group of Bus Companies, one of the largest transport conglomerates in the country, received the prestigious “Bagani sa Paglilingkod” 2022 award from the Land Transportation Franchising and Regulatory Board.Department of Transportation Secretary Arthur Tugade led the presentation of the Transport Service Award to Leo Rey Yanson, president and CEO of the Yanson Group of Bus Companies, during the LTFRB’s 35th founding anniversary on Friday, June 17, in Quezon City.The citation reads: “A stakeholder who has shown initiative during times of adversity. Displayed concrete and immediate acts of service to the riding public through the Bayanihan spirit with no regard for compensation and reward other.”The LTFRB bestows the Bagani Award on road transport s...

The P156 million Sagay City Public Bus Terminal*The Sagay City government will inaugurate its P156 million Sagay City Public Bus Terminal, in time with its 26th Charter Anniversary celebration and oath-taking of elected officials, Saturday, June 11.The new bus terminal at Brgy. Poblacion II fronting the Sagay National High School, features a two-storey architectural glass building and a parking space that can accommodate 18 buses at the same time.The P156,684,000 terminal was constructed in January this year.The budget came from the city’s development fund worth P25,684,000 and the P131,000,000 from city government’s term loan from Land Bank of the Philippines, a press release from Sagay City said.It is one of the remaining landmark projects that will be inaugurated by ...

Gov. Eugenio Jose Lacson (3rd from left) in a meeting with Edward Camacho (right), Business and Economic Development Manager of the Guam Economic Development Authority, that was also attended by Public Information Officer Charina Magallanes-Tan, Consul General Patrick John Hilado, Provincial Administrator Rayfrando Diaz and Provincial Tourism Officer Cheryl Decena (l-r).*Possible economic development collaboration between Negros Occidental and Guam to provide more opportunities for Negrenses is being eyed.The possible collaboration was discussed by Negros Occidental Gov. Eugenio Jose Lacson in a meeting with Edward Camacho, Business and Economic Development Manager of the Guam Economic Development Authority (GEDA), while in Guam on Wednesday, June 8.GEDA is a public corporation...

Carmina Romero, CEB corporate communications director, announces the JUNEdependence sale at a press conference in Bacolod City on Thursday.*Cebu Pacific (CEB) on Thursday, June 9, launched its special JUNEdependence sale that will enable travelers to avail of its P12 one-way base fare to any of its destinations in the Philippines.The JUNEdependence sale will enable travelers to book P12 one-way base fare tickets from Friday to Sunday, June 10 to 12, with a travel period from February 1 to May 31, 2023, Carmina Romero, CEB corporate communications director, said at a press conference in Bacolod City.CEB’s newest sale encourages every Juan to keep looking ahead and enjoy the freedom of travel as it gives super low rates to all Philippine destinations in its network – both iconic ...

As the Most Consistent Mobile Network in the Philippines, Globe improved customer experience across its services in the first quarter of the year, logging faster broadband and mobile connectivity through its constantly improving #1stWorldNetwork.Globe’s aggressive network expansion to enhance service to customers led to recognition from two international firms covering the first three months of the year: both global analytics firm Ookla® and independent global standard Opensignal* cited Globe’s network consistency.“This is how we define a “win”, that in the hearts of our customers, Globe’s service is the most consistent, always there for their connectivity needs,” said Globe President and CEO Ernest Cu.“And we have gone way beyond telco. With the customers in our hearts, Globe ...

Expect fuel prices to have a mixed movement starting Tuesday, Unioil Petroleum Philippines announced Saturday, May 28.Diesel prices are expected to increase by P1 to P1.20 per liter from May 31 to June 6, Unioil said.Gasoline prices should go down by P1.50 to P1.60 per liter, it added.On May 24, fuel firms hiked gasoline prices by P3.95 per liter, and reduced diesel prices by P2.30.*

The 68th Annual National Convention of the Philippine Sugar Technologists Association (Philsutech) with the theme “Adaptability for a Sustainable Philippine Sugar Industry in the Changing World”, will be conducted via “face-to-face” format in Park Inn Hotel at SM City Bacolod on August 23 to 27.“In view of the much-improved Covid-related health status of the city and the province, the Philsutech Board of Directors and Officers have decided to hold this year’s convention via face-to-face mode”, Haydee V. Rivera, Philsutech corporate secretary and administrative officer, said.At the height of the COVID-19 pandemic in 2020, Philsutech was compelled to cancel the convention, which is one of the most awaited events among sugar industry stakeholders, a press release from the association ...

Cebu Pacific (CEB), continues to expand its regional footprint as it announces the resumption of its international flights from Cebu, beginning with Cebu to South Korea.On July 3, CEB intends to operate twice weekly flights from Cebu to Seoul (Incheon), every Thursday and Sunday. Flight 5J 128 is estimated to depart the Mactan Cebu International Airport at 12:25 p.m., and is set to arrive at Seoul International Airport at 6:10 p.m. Its return flight, 5J 129, is scheduled to leave Seoul at 6:55 p.m., and will arrive in Cebu at 10:50 p.m., a CEB press release said Tuesday, May 24.This is the first international destination that the airline is restarting from its Cebu hub, following the reopening of South Korea for tourists.“We are very happy to restart this flight as we know pass...