Komfie Manalo

Enhancing US-Philippines economic ties through trade database

The Center for Strategic and International Studies (CSIS) suggested the creation of a comprehensive database of Philippine-U.S. trade, particularly investments, to further boost the economic ties of both nations. CSIS Southeast Asia Program research associate Japhet Quitzon said there is a need to develop a comprehensive database on the US investments resulting in employment advantages…

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Philippines employment rate: Seasonal boost expected

Rizal Commercial Banking Corporation chief economist Michael Ricafort said the country’s employment date is expected to improve further from seasonal demands during the Christmas holidays. “The pick up in manufacturing and other production activities in preparation for the seasonal increase in demand for the Christmas season could have improved the latest employment data,” Ricafort said….

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Web3 gaming evolution: From P2E to play-and-earn

Mench Dizon, Country Head, YGG Pilipinas, delivers her opening remarks. Gaming in the Web3 era saw significant evolution since its inception from mainly driven by play-to-earn (P2E) models to a dramatic shift towards more balanced “play-and-earn” approaches that prioritize engaging gameplay with earning opportunities. The shift addresses the sustainability challenges of pure P2E models, especially…

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MSpectrum and Emperador partner for solar energy solution

MSpectrum Inc. and Emperador Distillers, Inc. have teamed up to provide the solar power requirement in the latter’s Laguna manufacturing plants. In photo are (L-R) Anglo Watsons Glass, Inc. President Alec M. Tempongko, MSpectrum President and CEO Ma. Cecilia M. Domingo, Emperador Distillers President and CEO Winston S. Co and MSpectrum COO Patrick Henry T….

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BSP records over P1-B FDI inflows in September

The Philippines registered nearly P1.03 billion in foreign direct investment inflows in September, data from the Bangko Sentral ng Pilipinas (BSP) showed. The BSP said net inflows in September were 92% higher ($491.82 million) than the net inflows posted in August 2024 (US$533.95 million). “Transactions on foreign investments registered with the BSP, through authorized agent…

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MPower to supply power for Pepsi-Cola plants

MPower, the local retail electricity supplier of the Manuel V. Pangilinan-led Manila Electric Company (Meralco), has signed a retail supply agreement with Pepsi-Cola Products Philippines Inc. (PCPPI) for two beverage manufacturing plants located in Muntinlupa City and Sto. Tomas, Batangas. As part of the partnership, PCPPI was also invited to participate in other MPower programs…

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