San Miguel Corporation (SMC) has secured a prominent spot on Forbes Magazine's annual World's Best Employers list. SMC, led by President and CEO Ramon S. Ang, climbed 131 spots to reach number 43 on the global ranking. It is the only Philippine company to make it to the top 50. Other Filipino firms that made the list include Security Bank, Metropolitan Bank and Trust Company, Ayala Corporation, Alliance Global, Landbank, LT Group, and SM Investments. The rankings were determined through a survey conducted by market research firm Statista, which gathered feedback from over 170,000 employees across 50 countries. SMC's emphasis on nation-building, core values, and sustainability, as well as its commitment to employee development, have contributed to its success. This achievement follows SMC's high ranking on Time Magazine's list of the World's Best Companies for 2023. As the company continues to create new employment opportunities through major projects like
HIL Industries Bhd’s indirect wholly-owned subsidiary, Amverton Prop Sdn Bhd, has entered into a conditional sale and purchase agreement with A&M Modern Homes Sdn Bhd (AMMH) to acquire a three-acre parcel of land in Kuala Lumpur for RM47mil cash.
Toward advancing efficient, transparent, and swift government procurement, the Presidential Communications Office (PCO) has partnered with the Land Bank of the Philippines (LANDBANK) for the use of the Government Purchase Card (GPC) to pay for official goods and services. The GPC is similar to a credit card in function, designed to shorten and simplify the requisition process for government agencies and offices, as well as streamline the disbursement of payments to suppliers.
PCO Secretary Atty. Cheloy Velicaria-Garafil, MNSA, and LANDBANK Senior Vice President Marilou L. Villafranca led the signing of the Memorandum of Agreement (MOA) on 11 October 2023 at the Palacio de Maynila in Malate, Manila. They were joined by PCO Undersecretary Cherbett Karen L. Maralit and LANDBANK First Vice President Cielito H. Lunaria.
LANDBANK President and CEO Lynette V. Ortiz said that the GPC Program is designed to expedite the delivery of meaningful and responsive public service, helping government
State-owned Land Bank of the Philippines (LandBank) reported a record net income of P31.85 billion in the nine months to September, its highest since the P30-billion mark was breached at the end of 2022.