Metro Manila commuters, rejoice!
The Beep card used in all elevated railways (Metro Rail Transit System and Light Rail Transit System 1 and 2) will soon be accepted in selected buses in Metro Manila.
The AF Payments Inc. announced on April 29 the partnership among Froehlich Tours, HM Transport, and Citylink Coach Service. Froelich has serviced routes from Trinoma, Quezon City to Glorietta 5, Makati City, and SM City North EDSA to SM Megamall; Airport Loop for HM Transport; and Eastwood City, Uptown Bonifacio, San Lorenzo Place, McKinley Hill, and Newport City for Citylink Coach Services.
The agreement marks the Metro Pacific Investments Corporation. and Ayala Corporation-led consortium’s first venture in commuter buses.
Bloomberg selected as local bond provider
Bloomberg Philippine Local Sovereign Index (BPHILR Index) has been selected as the “benchmark indices for the domestic bond market,” the Fund Managers Association of Philippines (“FMAP”) announced on April 29.
The new index will feature government bonds with a minimum outstanding issuance of P3 billion ($63.78 million).
Aboitiz Group donated 246 classrooms in last 6 years
The Aboitiz Foundation, the corporate social responsibility arm of the Aboitiz Group has donated 30 more AGAPP (Aklat, Gabay, Aruga Tungo sa Pag-angat at Pag-asa) Silid Pangarap kindergarten classrooms to the Department of Education (DepEd), Foundation, a total of 246 in the last six years.
The Silid Pangarap classrooms will benefit 1,800 kindergarten pupils in 15 regions nationwide.
Merisant introduces innovative sugar product
Merisant, the company known for Equal and Naturals Stevia sweeteners, taps anew the already crowded sugar market with the introduction of "same sweetness, less sugar" Sugar Blend, introduced via a media launch at Summit Media office on April 28. (Editor's note: Entrepreneur.com.ph is under Summit Media.)
Sugar Blend is packaged for multi-use and multi-purpose for homes and industrial kitchens and is already available in major supermarkets and Mercury drugstores in the country. - Elyssa Christine Lopez