Accelerating digital transformation: ePLDT partners with Newgen to provide content management solutions for businesses
The ICT arm of telco giant PLDT has teamed up Newgen Software to introduce an enterprise content management solution that helps companies efficiently manage their business documents and assets.
Starbucks boss Schultz pushes departure to March 2023
Longtime Starbucks boss Howard Schultz is delaying his second departure from the coffeehouse chain until late March 2023 rather than this fall as originally announced, the company said in a statement Monday. Having stepped down four years earlier, in 2018, Schultz returned in April to serve as interim CEO during the search for a new […]
Sexism in business world getting worse, says Aviva boss
Amanda Blanc, one of the few women to head a FTSE 100-listed company as boss of British insurer Aviva, has said misogyny against women in business is getting worse. Her comments, in a message posted Wednesday on the social network Linkedin, came after shareholders made sexist remarks at the firm’s annual general meeting (AGM) earlier […]
Credit Suisse shareholders rebuke management
Angered by a string of scandals and crises that have tarnished the reputation of Swiss banking giant Credit Suisse, shareholders dealt directors and executives a rare rebuke Friday. Gathered virtually for the bank’s general assembly, a full 59.95 percent of shareholders refused to release the management from personal liability for the year 2020. The so-called […]
Dennis Uy to let Phoenix Petroleum employees work at home ’til July
Employees of Phoenix Petroleum Philippines Inc. will continue working from home, at least until July, as announced by its management. Despite easing pandemic restrictions, Phoenix decided to maintain the alternative work set-ups that are currently in place nationwide for its knowledge-based employees who do not need to be in the office, and will reassess the […]
Apollo buys another water vessel for offshore mining prospect… but it’s just a speed boat
Apollo Global Capital (APL) continued to frustrate its investors who have been waiting since March 2021 for management to finally start its offshore mining operations. APL reported that it spent P9 million from its follow on offering funds in the fourth quarter of 2021, the bulk of which was spent for a P5.7 million emergency […]
Hanjin workers strike after refusing to sign voluntary retrenchment
SUBIC, Zambales — For the fifth day, some 100 workers of the financially troubled Heavy Industries and Construction-Philippines or Hanjin continued to stage a protest rally at the Korean shipbuilding company’s facility here Tuesday.
COA flags ex-general Luga?s hiring of redundant, undocumented consultants in GSIS
The Commission on Audit has zeroed in on a member of the Government Service Insurance System (GSIS) trustee for hiring redundant and undocumented consultants to his office.
House creates P90B railway superbody
A measure seeking the creation of a Philippine National Railway System that would be responsible for the regulation of the country’s train systems hurdled committee level at the House of Representatives.
Tugade has finally something to crow about: MRT gets through 1 week without any hitches
No unloading incidents were recorded for the past week in the Metro Rail Transit Line 3 (MRT-3) as spare parts procured by its management had started arriving last month.
