Aug 062017
 

Globe Telecom is advocating bike commuting among its employees to help reduce carbon foot print.

Globe employees join Bike2Globe launch.

Globe employees join Bike2Globe launch [via Globe]

Called Bike2Globe, the program encourages Globe employees to use bicycles as alternative transportation to cars to help reduce fossil fuel emissions in the environment and combat climate change.

“It is Globe Telecom’s advocacy to reduce our impact to the environment and support a low carbon future to address climate change.  We want to extend that to our stakeholders, primarily our employees, and one of the easiest and most effective ways to do it is by promoting the use of bikes,” said Raymond Martin S. Aguilar, Globe Head for Operational Risk Management and Business Protection in a media release.

Bike2Globe also supports the UN SDG 11 on making cities inclusive, safe, resilient and sustainable through access to affordable and sustainable transport.

Globe employees without their own bikes can avail of the company-provided e-bikes for work-related errands around the Globe offices. The e-bikes use electric motor but can be pedaled manually when the battery runs out.

A launch event and motorcade for Bike2Globe was held in Bonifacio Global City to help bring up public awareness on the benefits of riding the bike. The same event had the National Bike Organization discussed bike and road safety in a forum.

 

The post Globe promotes reducing carbon footprint through bike commuting appeared first on Good News Pilipinas.

Nov 202013
 

A CONSORTIUM of construction firms may bag within the month the contract to develop a 5,225-square-meter commercial lot in Bonifacio Global City that is being auctioned off by the government, provided the companies hurdle post-qualification procedures, a Bases Conversion and Development Authority (BCDA) official yesterday said.

Nov 082013
 
SM Prime spending P70 B next year

MANILA, Philippines – SM Prime Holdings Inc., which will hold most of the property-related assets of tycoon Henry Sy, has set a capital expenditure budget of more than P70 billion next year as it seeks to spur faster growth amid an expanding economy. In an interview, SM Prime Holdings Inc. chief finance officer Jeffrey Lim said the bulk of the capital outlays for next year would go to shopping malls (P38.9 billion) and residential development (P18.8 billion). The total budget for malls includes the P18 billion allocated for the expansion of the group’s operations in China. The group has earmarked P7.2 billion for commercial development (business process outsourcing buildings) and another P4.6 billion for hotels. It has also set aside P797 million for resorts/leisure. SM Prime is opening two new malls next year – SM Cauayan and SM Angonon and the expansion phase of SM Bacolod and SM Lipa. By the end of 2014, SM Prime will have a total of 50 malls with a total estimated gross floor area of 6.6 million square meters. In China, SM Prime SM Prime plans to open one mall per year in second and third tier cities. Slated for opening next year is Zibo, which will provide an additional 154,000 sqm of gross floor area (GFA).  Also under construction is SM Tianjin, which will be SM Prime’s largest shopping center when it opens in 2015. It will have a total GFA of 540,000 sqm. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Read More …

Jun 192013
 
LT Group banks on tobacco, liquor to drive growth

STOCKHOLDERS’ MEETING: LT Group president Michael G. Tan (left) addresses stockholders during the conglomerate’s annual shareholders’ meeting yesterday at Seda Hotel in Bonifacio Global City. Looking on is LT Group vice chairman Harry C. Tan. MIKE AMOROSO MANILA, Philippines – Conglomerate LT Group Inc. is capitalizing on the market leadership of its core businesses of tobacco and liquor for further growth, its top executive said yesterday. “We will focus on our core business and fully capitalize on our market leadership position to benefit from the strong demand in growth in consumer-focused businesses,” LT Group president Michael G. Tan told reporters. Non-core businesses like Philippines Airlines (PAL) will end up on the selling block as the company focuses on the consumer sector, he said. LT Group will also take advantage of synergies in its operating units through cross selling while improving the distribution network, Tan said. LT Group of tycoon Lucio Tan is into beer (Asia Brewery Inc.), distillery (Tanduay Distillers Inc.), real estate (Eton Properties Philippines Inc.), banking (Philippine National Bank) and tobacco (PMFTC Inc.). Tan said the group is heavily exposed to the consumer sector, which accounts for two-thirds of the local economy. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “We are right where we want to be as we aim for stronger growth and higher profitability,” Tan said. In April, LT Group raised P37.72 billion in the largest follow-on share sale of a Philippine company that will allow the conglomerate to support the organic expansion of Read More …