Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, continues to perk up its coffee business with the planned acquisition of a majority stake in “most loved South Korean value coffee brand” Compose Coffee Co. Ltd. for $340 million. In a disclosure to the...
BancNet Inc., an electronic banking consortium, has strengthened its cybersecurity protocols in response to the growing reliance of the banking industry on technology to elevate operational efficiency, combat fraud, and enhance customer satisfaction. In a statement, Fabian S. Dee, President of...
The Philippines has welcomed its latest—and biggest to date—gem as property giant Megaworld finally opened Grand Westside Hotel, ushering in a new era of tourism in Metro Manila. President Ferdinand Marcos Jr. delivered his speech during the launch of Grand Westside Hotel President Ferdinand...
AVANT GARDENER News of farmers dumping tons of unsellable tomatoes by the roadside due to oversupply has been an unfortunate reality for many years. Now, a canning company is doing something about it. Tosen Foods Inc. (TFI) is a canned goods manufacturer whose products are household...
MREIT Inc., the real estate investment trust of Megaworld Corporation is seeking to diversify its portfolio to include retail spaces as part of its aim to expand its assets to one million square meters of gross leasable area by 2030. MREIT President and CEO Kevin L. Tan “We will begin to...
Tycoon Dr. Andrew Tan has handed over the reins of Megaworld Corporation, which he founded more than 30 years ago, to Lourdes T. Gutierrez-Alfonso who will serve as the company’s new president effective immediately. Megaworld's new President Lourdes T. Gutierrez-Alfonso In a disclosure to...
AVANT GARDENER I’ve always maintained that farming is the Filipino dream, and that growing your own food is a path to freedom. Malaya Farms is proof of this. Malaya Farms is a permaculture farm in Calauan, Laguna. It was founded by Rishi Mandhyan, a tech worker currently based in the US. “This...
DoubleDragon Corp.’s planned and outstanding bond issuances worth P25 billion have been assigned the highest issue credit rating of PRS Aaa by Philippine Rating Services Corp. (PhilRatings). The ratings agency said this is for DoubleDragon’s proposed bond issue of up to P10 billion and its...
AVANT GARDENER Farmers and fishers, despite being in professions that quite literally feed the nation, continue to be one of the most marginalized sectors of society, with many practitioners not even making minimum wage. No wonder many see farming and fishing as traps to escape instead of the noble...
CREC eyes Green Bond offering in 2025 By James A. Loyola After raising P5.3 billion from its initial public offering (IPO), Citicore Renewable Energy Corporation (CREC) is considering the issuance of Green Bonds to help fund its aggressive $3-billion five-year expansion program. During the press...
The UK government’s MOBILIST Programme has invested P731 million in Citicore Renewable Energy Corporation (CREC) which is equivalent to 13.77 percent of its P5.3-billion initial public offering (IPO). CREC has successfully completed its IPO and listing on the Philippine Stock Exchange (PSE) on...
AVANT GARDENER The Department of Agriculture-Cordillera Administrative Region (DA-CAR) celebrated the closing of Farmers’ and Fisher Folk's month last May 30 with Paella a la Cordillera held at the Melvin Jones Grandstand. Twenty-six chefs from popular restaurants in Baguio, Manila, and Davao...
