DoubleDragon Corp.’s hospitality arm, Hotel101 Global Holdings Corp., opened its Madrid flagship, the first time a homegrown Filipino hotel brand has expanded operations into the European market. In a statement , DoubleDragon said the 680-room Hotel101-Madrid, located in the Valdebebas district,...
LAOAG CITY – Thousands of spectators witnessed pride, unity, and greatness through the 13th Tan-ok ni Ilocano Festival, the mother of all cultural festivals in Ilocos Norte province, at Ferdinand Marcos Stadium here on Saturday night. A total of 22 contingents showcased their culture and talents,...
LAOAG CITY – Around 700 security and safety personnel have been deployed to ensure a peaceful, orderly, and joyful celebration for the Tan-ok ni Ilocano Festival at the Ferdinand E. Marcos Memorial Stadium here on Feb. 28, police bared Thursday. Police Major Kristian Lee Badua, acting chief of...
The Securities and Exchange Commission (SEC) has issued the final version of its tiered minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move expected to entice major corporations such as GCash and Maya to list their shares locally rather than seek overseas bourses....
Jollibee Foods Corp., the Philippine dining giant that has aggressively expanded its international footprint, has agreed to acquire South Korea’s Shabu All Day for 125.86 billion won (₱5.1 billion) as it seeks to capitalize on the rapid growth of the global hot pot market. JFC announced on...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
Sulu Vice Gov. Abdusakur Tan wants vessels of Aleson Shipping Lines banned in Sulu province and the license of the shipping firm revoked following the tragic sinking of the MV Trisha Kerstin 3 in the sea of Baluk Baluk Island in Basilan province last Jan. 26. Tan, during a hearing at the House of...
AVANT GARDENER (Part II) Last week I introduced you to “Amy,” an urban beekeeper who, because of stories of uninformed people unfairly complaining about urban beekeepers, has chosen to keep her identity a secret. Here is part two: Amy characterizes her first season of beekeeping as filled with...
The antitrust watchdog Philippine Competition Commission (PCC) has greenlighted the joint venture (JV) between the Yuchengco and Aboitiz families to develop a 184-hectare (ha) industrial park in Tarlac province as an expansion of Lima Land Inc.’s TARI Estate. With PCC clearance, Yuchengco...
Competition in the Philippine brandy market is intensifying as Tanduay Distillers Inc. enters a distribution agreement with Spanish spirits producer Miguel Torres SA, aiming to chip away at the dominance of local giants and established imports. Tanduay President and Chief Executive Officer Lucio...
Fifty Philippine native tree species, including endangered and critically endangered varieties, will soon cover the Eco Forest in Parklinks estate owing to the tree planting activity, spearheaded by Ayala Land, Inc. and Eton Properties Philippines, and participated by the students of Multiple...
With competition heating up among townships strung along the C-5 corridor from Quezon City to Pasig CIty, the Ayala-Lucio Tan Group (LTG) joint venture (JV) Parklinks estate is stepping into the fray with the opening of its own mall, envisioned to set it apart from rivals. In an interview on...
