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Banking boom
Banks’ profits keep hitting record highs During January to March this year, banks made more money than in any first quarter, in fact, in any quarter or three-month period in the history of Philippine banking. […]
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Philippines, Asia, global tourism back with a vengeance
By Antonio S. Lopez In the first quarter of 2023, aviation jet fuel sales of Petron Corp., the Philippines’ largest oil company, nearly doubled, because of the travel boom. For the whole of 2023, Cebu […]
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America: The Philippines’ oldest and only treaty ally
Something new: An armed attack on the Philippines in the South China Sea will now trigger a US attack. By ANTONIO S. LOPEZ It’s been a while since you’ve been here,” US President Joseph Biden […]
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Aboitiz InfraCapital offers smart, sustainable economic estates to the world’s major factories
(Speech at the Philippine Business Forum in Tokyo, Japan, Nov. 14, 2022) By Rafael Fernandez de Mesa Head, Aboitiz InfraCapital Economic Estates President, LIMA Land, Inc and Cebu Industrial Park Developers, Inc. Aboitiz InfraCapital is […]
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World faces 3 major challenges:
Ukraine war, US-China tension, siege on the multilateral trading system—PM Lee In his speech before the parliament on April 19, 2023, Singapore PM Lee Hsien Loong highlighted the three major challenges facing the world today: 1) the […]
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The MOPC Grand Tourism Awards
By TONY LOPEZ MOPC will honor the outstanding individuals, families and enterprises whose work of excellence and service in the hospitality industry have made the Philippines an exciting tourism destination in Asia with unmatched appeal […]
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Land Bank: A mission failure
By ANTONIO S. LOPEZ Land Bank has failed miserably in its original mission to finance and develop Philippine agriculture. Because of that failure, we have a severe food shortage, an unstable society, and the longest […]
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The P1.5-Trillion COMPANY
SMC’s 6.8% share of GDP is a breathtaking 39% increase from its previous contribution of 4.9%. In previous years, San Miguel revenues had contributed an average of 5% of GDP. The sharp expansion of SMC’s […]