Jollibee Foods Corp. clarified that its international business will operate as an entirely separate entity rather than a subsidiary following its planned spin-off, seeking to address investor concerns regarding the governance and liquidity of the new offshore vehicle. In a media briefing, Jollibee...
Jollibee Foods Corp.’s ambitious plan to spin off its international business and list it on a United States (US) stock exchange is facing pushback from Philippine market regulators and analysts, who warn that local investors may find themselves holding shares they cannot easily trade. The...
Mark your calendars as the 26th Philippine International Hot Air Balloon Fiesta takes flight from Feb. 13 to 15, 2026, bringing three days of color, energy, and sky-high excitement to New Clark City in Tarlac. This upcoming edition is set to be one of the biggest yet, featuring 22 new...
The Philippines will aim to deliver a strong performance in Indusfood 2026, presenting four capable enterprises with healthy, premium-quality products to the Indian market. With support from the Department of Trade and Industry-Center for International Trade Expositions and Missions (DTI-CITEM),...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI) reported that the formal management transition of Durban Container Terminal Pier Two (DCT2) at Port of Durban commenced on Jan. 1, 2026. In a disclosure to the Philippine Stock Exchange (PSE), ICTSI said it had signed an...
The Philippines faces an escalating economic threat from climate change that could wipe out as much as two percent of its annual output if the government fails to implement aggressive adaptation strategies, according to the International Monetary Fund (IMF). In a staff report released following its...
The Washington-based multilateral lender International Monetary Fund (IMF) sees the narrowing of Philippine debt relative to the size of the economy being delayed until it reaches 60 percent, with the proposed revenue-generating general tax amnesty (GTA) among the measures seen as offering limited...
Air France will suspend its direct flights between Paris and Manila for the summer 2026 season, shifting the route to seasonal operation just a year after its high-profile return to the Philippine market. The SkyTeam alliance carrier plans to halt its three-times-weekly flights between...
Enrique M. Aboitiz, chairman of Aboitiz Equity Ventures Inc., was appointed as an independent director to the board of International Container Terminal Services Inc., the port operator led by billionaire Enrique Razon. Aboitiz will join the board on Jan. 1, 2026, to serve the unexpired term of...
After a successful coastal cleanup in Calatagan earlier this year, Brother International Philippines Corporation once again reaffirmed its commitment to sustainability by participating in a Mangrove Tree Planting activity led by its affiliate company, Brother Industries (Philippines), Inc. Held on...
Razon-led International Container Terminal Services Inc. (ICTSI) is investing about ₱10.34 billion to expand and modernize the operations of the ICTSI Rio Brasil Terminal at the Port of Rio de Janeiro. Minister of Ports and Airports Silvio Costa Filho announced the new private investment, which...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI), the world’s largest independent terminal operator, has signed a 25-year partnership agreement with Transnet SOC Ltd. for the strategic Durban Container Terminal (DCT) Pier 2 in South Africa. “The landmark agreement...
