Amazon Announces Layoffs to Continue Into 2023

Amazon CEO Andy Jassy said in a newly released memo last Thursday that the company will continue layoffs until 2023. Image Source: NDTV In the memo, Jassy admitted, “This year’s review is more difficult due to the fact that the economy remains in a challenging spot, and we’ve hired rapidly the last several years.” Multiple [...]

During the meeting with the Philippine Stock Exchange on October 4, 2022, San Miguel Corporation’s board of directors expressed their interest in acquiring 88.5% of Eagle Cement. Will the offer of 97 Billion pesos make the acquisition possible? Eagle Cement Courtesy of Eagle Cement’s Official Website Eagle Cement was founded on June 21, 1995. Over [...]

As of Thursday, Robinsons Bank (RBank) and Bank of the Philippine Islands (BPI) were in discussions on a “possible collaboration.” When the BPI Card is made available nationwide in June, RBank is planning to give a 0.67% interest rate on its credit cards. The program run by RBank may or may not be connected to [...]

Phoenix’s Unpaid Debt to Absolut Distillers Inc.

The unpaid debt is due to the inability of Phoenix Petroleum Philippines to pay for the bioethanol products they ordered from Absolut Distillers Inc. The Decision of the Court These two giant companies settled this matter in the Regional Trial Court of Nasugbu, Batangas. During the trial, Absolut Distillers Inc. Chairman Lucio Tan represented his [...]

Where to shop for Unique Christmas Gifts this 2022?

Christmas is just around the corner, and by now you should already have that “list”- and by list I mean names of your loved ones, godchildren, nieces and nephews, close friends, bosses, and even your friendly neighborhood helper and village guard. Also put in extra’s for unexpected people and relatives whom you might need to [...]

PH: Top 100 Graduate Employers list

This year’s list of the finest firms in the Philippines for fresh graduates has been released! MANILA, Philippines – GradPhilippines is a tool that connects students, recent graduates, and early-career professionals in the Philippines with job openings, employers, internships, and other opportunities. GradPhilippines Top 100 Graduate Employers list honors the country’s best and most popular graduate [...]