Officers of TeaM (Philippines) Energy Corporation (TPEC), a subsidiary of TeaM Energy Corporation, and Kratos RES, Inc. (KRI) signed a two-year energy supply deal at the TeaM Energy corporate office in Bonifacio Global City, Taguig. Under the agreement, TPEC will provide the power requirements of...
At the ACEN RES Recharge Partners Gala, ACEN President and CEO Eric Francia affirmed the company's commitment to build more renewable capacity to help meet the growing demand for electricity in the Philippines and urged businesses to shift to renewable energy. (Photo from ACEN RES) The...
Featured image: DAUM BEST CEO Benjamin Brami will bring the luxury French brand to the Philippines this year It’s not an exaggeration to say that French crystal maker Daum is one of a kind. All companies tell you their products are unique, unmatched, special. But Daum, literally, is sui generis....
Fiber Infrastructure and Network Services Inc. (FINSI), a subsidiary of the Asticom Group, has stepped up its fiber rollout, deploying more than 133,400 lines in 15 months, the company announced Thursday, February 2. As of year-end 2022, the rollout has brought high-speed internet access in Metro...
An Inchcape-operated Toyota dealership in Manchester, UK. Two top distributors unite The CATS Group of Companies, a distributor of luxury auto brands like Mercedes-Benz, Jaguar, Land Rover, Chrysler, Jeep, Dodge, and Ram, now has a new partner to move forward with. Inchcape Plc (“Inchcape”) the...
The newly-forged joint venture of the Ang family-owned CATS Group of Companies and leading global multi-brand luxury car distributor Inchcape Plc expects to regain market leadership in the luxury car segment in the Philippines in 2024 when global supply chain finally normalizes. Francis Jonathan C....
Inchcape Plc (Inchcape), an independent multi-brand global automotive distributor, has acquired a controlling stake in CATS Group of Companies (CATS), the leading distributor of luxury vehicles in the Philippines. The acquisition also paved the way for a joint venture with Inchcape and CATS....
The Aboitiz Group was recognized by Corporate Governance Asia at the 12th Asian Excellence Awards for its achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices, and investor relations. The theme for the ceremony was...
R.M. Lim's Chinese Buffet of the Lancaster Group of Companies opened last Nov, 18 in Mandaluyong City. Photo from R.M. Lim's Chinese Buffet The new Chinese restaurant is a part of the Lancaster Group of Companies located at the Lancaster Hotel along Shaw Boulevard, Mandaluyong City. R.M. Lim’s...
Mercedes T. Gotianun, the wife of the late taipan Andrew Gotianun and Chairperson Emerita of the Filinvest Group of Companies, has passed away on Dec. 11, 2022 at the age of 94. In a statement, the conglomerate said it deeply mourns the loss of Mrs. Gotianun who passed away on surrounded by her...
The Ayala Group of Companies accounted for a quarter of the 32 Philippine publicly listed companies (PLCs) recognized during the recently held 2021 ASEAN Corporate Governance Scorecard (ACGS) awards. These firms are Ayala Corporation, Ayala Land, Inc., Bank of the Philippine Islands, Globe Telecom,...
Mr. Richard Lim, President / CEO of Sun Group of Companies / Sunland Development Corporation. The Red Hotel can be found in different locations within Metro Manila such as Cubao and Pasay. Now, they find roots in the Queen City of the South. Sunland Development Corporation (SDC), one of the...