Shakey’s Pizza Asia Ventures, Inc. subsidiary Potato Corner (PC), a global leader in flavored fries from the Philippines, marked its expansion to Taiwan with the opening of its first Taipei store last month. Since its acquisition in 2022, PC has scaled its presence in key international markets,...
Andrew Tan’s Travellers International Hotel Group Inc. is taking majority control over the development of the Westside Integrated Resort, as its foreign-controlled partner Suntrust Resort Holdings Inc. has agreed to reduce its stake in the project to 20 percent due to financial challenges. In a...
Hard discount stores Dali and Robinsons Retail Holdings Inc. 's affiliate, O!Save, are giving stiff competition to traditional supermarket and convenience store chains by registering strong sales growth while expanding their reach in the retail market. Based on research by Abacus Securities...
Sy-led SM Investments Corporation, one of the Philippines’ largest conglomerates, sees new growth in its logistics and renewable energy units even as its core real estate, retail, and banking businesses continue to thrive with the country’s economy. “But, really, all of our businesses have...
The Department of Education (DepEd) has partnered with Jollibee Foods Corporation to enhance the Senior High School (SHS) curriculum and help address the country’s classroom shortage. The collaboration will introduce a quick-service restaurant (QSR) program to equip students with industry-ready...
Following the success of Media BAI 2024, where RMN Networks (RMN) and the Republic Group of Companies (RGC) mounted a fully immersive showcase of hyperlocal storytelling of Visayas and Mindanao, RMN Networks was invited to share true value and power of hyperlocal insights and strategies in the...
PHirst Park Homes, Century Properties Group’s (CPG) housing unit, is eyeing several key cities in Mindanao, starting with a ₱5.3-billion project in General Santos City, as it ramps up its nationwide expansion. PHirst Park Homes Gen San will be located in Brgy. Baluan, conveniently accessible...
The Philippine Competition Commission (PCC) has cleared the proposed acquisition by Aramco Asia Singapore Pte. Ltd. of a 25 percent interest each in Unioil Petroleum Philippines, Inc. and Unioil Energy Pte. Ltd. a move that is poised to enhance competition in the country’s petroleum market.
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Urging full transparency and greater investment in education and human capital, an advocacy group on Saturday, August 23, called on lawmakers to prioritize Filipinos over infrastructure as they tackle the 2026 budget. “We must allocate our resources where they matter most, because every peso...
Sumitomo Mitsui Financial Group Inc. (SMFG), through Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is acquiring a 30-percent equity stake in RCBC Leasing and Finance Corp. (RLFC) of Yuchengco-led Rizal Commercial Banking Corp. (RCBC). In a disclosure to the Philippine Stock Exchange (PSE),...
Malacañang has issued an administrative order reorganizing the composition of the Economy and Development Council (formerly known as the NEDA Board) and its committees to strengthen government coordination in implementing socioeconomic policies and programs. Administrative Order No. 37, signed by...
Tantoco-led retailer SSI Group, Inc. reported a 37.8 percent drop in net income for the first half of 2025 to ₱451.8 million from ₱726.3 million in the same period last year due to weaker consumer demand for mid to upscale goods. The company generated sales of ₱13.4 billion in January to...
