DEUTSCHE Post DHL will prop up back office operations in the country as it sees the Philippines as an important part to the company’s regional operations, even if cargo volume in the country is one of the lowest in the region.

DHL said it will expand back office operations in Manila and will capitalize on the “knowledge competencies” of the Filipinos as the logistics company prepared to diversify regional operations aside from just moving letters and parcels.

IT turns out that Philippine Business for Social Progress (PBSP) has realigned its social projects and has come up with at least P300 million for the country’s reconstruction of Luzon after four destructive typhoons since September.

Now, this is nowhere near the $1 billion to $2 billion that the country hopes to raise in an international pledging session next month in Tokyo but, hey, every million counts.

LISTED conglomerate Metro Pacific Investments Corp. (MPIC) said on Thursday it is buying another 11 percent in Skyway operator Citra Metro Manila Tollways Corp. as part of its plan to own a “seamless” network of roads connecting the north and south.

In a briefing following MPIC’s special stockholders meeting yesterday, president and chief executive officer Jose Maria K. Lim said the company already owns “2 [percent] or 3 percent.”