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News and Events

The Recently-Signed Maternity Leave Law Benefits Dads, Too

It's a win for both parents

President Rodrigo Duterte signed a law that will provide 105 days of paid maternity leave for employed women in the government and private sectors, seven days of which can be “donated” to fathers of the expectant mom’s child.Executive Secretary Salvador Medialdea confirmed ...

by Elyssa Christine Lopez for Esquire Philippines  | February 24, 2019 08:00:00
Business Ideas

Meet the Man Behind Arce Dairy Ice Cream

Ariel Arce belongs to the third generation of the famous family of ice cream makers

“For every older person who has the means to buy premium ice cream, if you open their refrigerators, I’m sure you’ll see a can of Arce Dairy. That’s how it has always been,” Ariel Arce, Arce Dairy’s vice president for operations, says. The ...

by Pauline Macaraeg for Esquiremag.ph  | February 23, 2019 08:00:00
News and Events

Planned PNR Train Will Cut Travel Time from Manila to Bulacan to Just 35 Minutes

The Tutuban to Malolos leg of the PNR North-South Commuter Railway has started construction

“If February, as they say, is the month of love and of hearts, for the Department of Transportation (DOTr), February is the month of launching projects.”So said DOTr Secretary Arthur Tugade, during his keynote speech for the groundbreaking ceremony of yet another ...

by Pauline Macaraeg for Esquiremag.ph  | February 22, 2019 04:00:00
News and Events

Dennis Uy's Hotel and Gaming Firm to Offer Follow-On Shares to Finance Two New Casino Projects

The rising business tycoon from Davao plans to raise P18.5 billion from the offering

PH Resorts Group Holdings Inc., the listed hotel and gaming firm of Davao businessman Dennis Uy, will offer follow-on primary shares worth P18.5 billion to the public by the third week of March.The firm disclosed on Friday, February 15, that it plans ...

by Pauline Macaraeg for Esquiremag.ph  | February 18, 2019 03:00:00
News and Events

Katrina Razon's VC Firm Leads $750K Investment in this Urban Farm Facility

NXTLVL Farms grows high-value crops inside container vans through hydroponic farming

There’s no stopping the investment train of Katrina Razon’s venture capitalist firm.Razon's KSR Ventures recently led a $750,000-group investment for agri-tech startup NXTLVL Farms, which brought the company’s total funding since its launch in 2017 to $1 million. This is the third ...

by Elyssa Christine Lopez for Esquire Philippines  | February 15, 2019 12:00:00
News and Events

First Phase of the MRT-LRT Central Station to be Completed By Year-End

DOTr Secretary Tugade: "If Area A isn't completed by the end of the year, let's run after the Ayalas"

After more than a decade since the Unified Grand Central Station was approved by former President Gloria Macapagal-Arroyo in 2006, the first portion of the project will finally be completed by the end of 2019.Department of Transportation (DOTr) Secretary Arthur Tugade said ...

by Pauline Macaraeg for Esquiremag.ph  | February 14, 2019 10:00:00
News and Events

Bench To Open Office Building in Clark Global City

It's the second most active property market in the Philippines, after Metro Manila

Suyen Corporation, the company behind Philippine retail brand Bench and many other fashion and lifestyle brands, is expanding its push into real estate.Headed by Ben Chan, its chairman and CEO, Suyen signed a memorandum of agreement (MOA) with Global Gateway Development Corp. ...

by Pauline Macaraeg for Esquiremag.ph  | February 13, 2019 08:00:00
News and Events

How Much Money Does the Typical Filipino Keep in His Bank Account?

The Philippines still has a low savings rate

The average bank balance of most Filipinos is less than P5,000.The Bangko Sentral ng Pilipinas (BSP)'s latest report (2017) on the State of Financial Inclusion shows 62 percent of all deposit account holders in the country only keep P5,000 and below in ...

by Pauline Macaraeg for Esquiremag.ph  | February 10, 2019 10:00:00
News and Events

Filipinos Spent (and Wasted) the Most Time Online in 2018

Filipinos spent 10 hours a day online last year

A recent report shows the glaring reality of how much time Filipinos spend (and waste) online.In 2018, Filipinos spent an average of 10 hours a day online in 2018, making the country the home of the world’s top Internet users. That’s an ...

by Elyssa Christine Lopez for Esquire Philippines  | February 05, 2019 06:00:00
Business Ideas

From Legos to Tomatoes: Unconventional Items You Can Invest Your Money In

The stock market isn't for everyone

By now, you’ve probably grown tired of every financially responsible adult’s most doled-out advice: invest while you’re still young. Most of the time, the lecture is followed by how to get into the stock market or how to your park your savings ...

by Elyssa Christine Lopez for Esquire Philippines  | February 03, 2019 08:00:00
News and Events

(Part 2) Who to Vote For? Get To Know the Political Parties in the Philippines

These are the six other national parties currently represented in the Philippine Congress

In our first story on the different political parties in the Philippines, we only included the nine major political parties recognized by the Comelec for the 2016 national elections.To provide more insight about the politicians we have today, as well as the ...

by Pauline Macaraeg for Esquiremag.ph  | February 02, 2019 08:00:00
News and Events

Philippine Corruption Is Still As Bad as It Was Six Years Ago

The country's score on the Corruption Perceptions Index is way below the world's average

While the Philippines improved its standing on the 2018 Corruption Perceptions Index (CPI), moving to 99th from 111th in the previous period, it does not mean our government has become a more honest one.With a score of 36 in 2018, the Philippines ...

by Elyssa Christine Lopez for Esquire Philippines  | February 01, 2019 08:00:00
News and Events

Get To Know the Political Parties in the Philippines

These are the 9 major political parties in the country, and the senatorial candidates they endorse

The midterm elections are fast approaching.In order to make an informed decision, it's important to take a good look at what the candidates are promising their constituents, as well as the principles they hold.Most of our candidates run under a political party, ...

by Pauline Macaraeg for Esquiremag.ph  | January 30, 2019 08:00:00
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