Filinvest Development Corporation (FDC), the flagship of the Gotianun family, posted a 35 percent drop in attributable net income to P2.0 billion in the first quarter of 2021 from P3.0 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said revenues and...
Jollibee Food Corporation announced that it is set to open on May 20 the Jollibee flagship store in Europe at the historic London West End, the U.K. capital’s main commercial and entertainment center and one of the world’s most prime locations. “Bringing Jollibee to London’s West End is...
Gotianun family-led Filinvest Development Corporation (FDC) is allotting P21.2 billion for capital expenditures this year as it aims to continue expanding organically and through partnerships despite uncertainties faced by the economy. During the firm’s annual stockholders’ meeting,...
Philippine businessmen Wednesday, (April 14) took a pause from their busy schedules to make a stand against China’s aggression in the country's territory. With that business groups rallied behind Defense Secretary Delfin Lorenzana, other government officials and various groups...
Robinsons Retail Holdings Inc. has expanded its e-commerce site gorobinsons.ph to include DIY format Handyman Do it Best and No Brand, a franchise from EMart of Korea. In a disclosure to the Philippine Stock Exchange, RRHI said that, with the inclusion of Handyman Do it Best on the platform,...
Filinvest Development Corporation (FDC), the Gotianun family’s holding firm, reported a three percent improvement in attributable net income to P8.9 billion in the first nine months of 2020 from the P8.6 billion earned in the same period last year. In a disclosure to the Philippine Stock...
Internet speed in the Philippines has improved by more than 80 percent in the past two and a half years, while the cost of prepaid mobile Internet in the country is now one of the most affordable in Southeast Asia, according to a telecom executive. Globe Telecom Inc. presented the data to refute a...
Robinsons Retail Holdings, Inc. reported a 13.9 percent drop in attributable net income to P2.4 billion in the first nine months of 2020 due to the impact of quarantine restrictions imposed to stem the spread of COVID-19. In a disclosure to the Philippine Stock Exchange, RRHI noted though...
State-run Philippine National Oil Company (PNOC) has inked a deal with American firm New Fortress Energy LLC (NFE) for the setting up of liquefied natural gas (LNG) installation in the country. In a statement to the media, the Department of Energy (DOE) qualified that the memorandum of...
San Miguel Corporation (SMC) president and chief operating officer Ramon S. Ang San Miguel Corporation (SMC) president and chief operating officer Ramon S. Ang was given the prestigious Lifetime Contributor Award for the private sector at the 2020 Asia CEO Awards, touted to be the largest business...
Jollibee Foods Corporation continues to expand its footprint overseas despite the ongoing pandemic, this time opening its first Jollibee store in Rome, Italy. In a statement, Jollibee said its new Rome branch is along Via Ottaviano, which is only a stone’s throw away from St. Peter’s...
The Filinvest group sees the need for government stimulus, continued private sector investments, and renewed consumer confidence to jumpstart the economy that has been derailed by the pandemic. Filinvest Development Corporation President and CEO Josephine Gotianun Yap (Photo credit:...
