Jollibee Foods Corporation is investing in an industrial property developer by infusing P3.97 billion worth of land used by its commissaries to get a foot into the real estate investment trust space. Based on a disclosure to the Philippine Stock Exchange, Jollibee will infuse 16.4 hectares of...
The Department of Social Welfare and Development (DSWD) “is preparing now” to activate Task Group Taal to ensure that all-out assistance will be given to the areas in the Calabarzon (Cavite, Laguna, Batangas, Rizal, Quezon) region badly affected by Taal Volcano’s unrest. White smoke was seen...
More than P10 billion worth of smuggled goods have been seized in various ports and warehouses in the country over the last six months of 2021, the Bureau of Customs (BOC) bared Wednesday, July 7. (Photo courtesy of the BOC) The confiscated contrabands were a combination of counterfeit cigarettes,...
GrowSari, a Philippine B2B E-commerce player, has raised US$30 million in funding to date from global marquee investors including China’s Tencent, International Finance Corporation, and the Gokongwei Group. 17716 Founded in 2016, GrowSari is a tech-enabled B2B platform that outfits Philippine...
British life insurer Pru Life UK has entered into a partnership with pharmaceutical firm AstraZeneca and two local healthcare providers to offer a group insurance package for companies and their employees. In a statement, Pru Life UK announced on Wednesday, July 7, that it partnered with British...
Bria Homes, a subsidiary of the Villar Group, has been recognized for developing affordable and sustainable housing projects. The 2021 Real Estate Asia Awards gave BRIA Homes recognition in two categories: "Affordable Housing Developer of the Year" and "Open Space Development of the Year". The 2021...
Lilystars Records’ Clem Castro (left) and ADA Asia’s Chee Meng Tan ADA Asia, part of Warner Music Group’s independent artist and label services division, has formed an alliance with Lilystars Records, a Philippine independent record label. Under the agreement, ADA Asia will support...
President Duterte is taking the lead in efforts to streamline the permitting process for power infrastructure projects in a bid to ensure their timely completion. President Duterte delivers his remarks during the inauguration of LRT-2 East Extension Project in Antipolo City on July 1, 2021...
2021 Annual Stockholders' Meeting of Max's Group, Inc. will be held via remote communication on August 10, 2021 at 8:00 in the morning.
The 'father of luxury retail' in the Philippines was 100 years old Bienvenido R. Tantoco Sr. has passed away, a member of the family confirmed on the morning of July 6, 2021. The former ambassador to the Vatican, known to many simply as Lolo Benny, was 100 years old. 'RETAIL THERAPIST' Lolo Benny,...
Ayala Corporation announced that employees from its business units have started to receive their first dose of the COVID-19 vaccine on Monday. The vaccines are part of the first tranche of the 1 million doses secured by the group via tripartite agreements with the government. AGC Logo On July 5,...
Max's Group, Inc. will be holding its 2021 Annual Stockholders' Meeting on August 10, 2021 at 8:00 a.m. via virtual meeting.