Food manufacturer Monde Nissin Corporation is acquiring a 15 percent stake in restaurant chains owner Figaro Coffee Group Inc. (FCG) for P820.3 million or P1.00 per share. In a similar disclosures to the Philippine Stock Exchange, the two firms said the transaction shall consist in the subscription...
A committee in the House of Representatives has approved a measure seeking to designate certain areas in the Kalayaan Island Group (KIG) in the West Philippine Sea (WPS) as marine protected areas. An aerial view of the Pag-asa Island in the Kalayaan Group of Islands in the West Philippine Sea....
Strong Group is banking on its sixth man – the Overseas Filipino Workers in Dubai –to provide the much-needed boost as it takes on an expected tough field in the 32nd Dubai International Championship beginning Friday, Jan. 27. All bags are packed and ready to go as the Jacob Lao-owned...
The United States Agency for International Development (USAID), through UNILAB Foundation, has signed a memorandum of agreement with the ICCP Group Foundation, Inc. (IGFI) as one of the core partners for the USAID’s Advanced Manufacturing Workforce Development (AMDev) Program. According to a...
Amid the recent harassment of Filipino fishermen by the Chinese Coast Guard, Palawan 3rd District Rep. Edward Hagedorn’s proposed measure on the protection and preservation of the hotly-contested West Philippine Sea (WPS) gained steam among key government offices. Personnel of the Philippine...
FORT MAGSAYSAY, Nueva Ecija – The Diteki Indigenous People’s (IP) Association in San Luis, Aurora received P50,000 livelihood assistance from the local government unit (LGU) and the military recently. The IP group will use the cash aid as starting capital for a rice store in their community....
SM Investment Corporation’s logistics unit 2GO Group announced that it is now the country’s first to have mixed temperature vans that will boost the safe and secure transport of perishable goods. In a statement, the pioneer in less than container load (LCL) reefers in the Philippines said the...
An Inchcape-operated Toyota dealership in Manchester, UK. Two top distributors unite The CATS Group of Companies, a distributor of luxury auto brands like Mercedes-Benz, Jaguar, Land Rover, Chrysler, Jeep, Dodge, and Ram, now has a new partner to move forward with. Inchcape Plc (“Inchcape”) the...
The newly-forged joint venture of the Ang family-owned CATS Group of Companies and leading global multi-brand luxury car distributor Inchcape Plc expects to regain market leadership in the luxury car segment in the Philippines in 2024 when global supply chain finally normalizes. Francis Jonathan C....
Inchcape Plc (Inchcape), an independent multi-brand global automotive distributor, has acquired a controlling stake in CATS Group of Companies (CATS), the leading distributor of luxury vehicles in the Philippines. The acquisition also paved the way for a joint venture with Inchcape and CATS....
A stranded dolphin was rescued by the 3rd Special Operations Unit of the Maritime Police Tagkawayan Detachment and Bantay Dagat in Ragay Gulf in Barangay Rizal, Tagkawayan, Quezon on Sunday, Jan. 15. The Philippine National Police-Maritime Group in Tagkawayan said the dolphin was spotted by the...
Lay down your security plan to protect the West Philippine Sea against foreign aggressors, particularly China, a fishers' group challenged the newly appointed National Security Adviser (NSA) Eduardo Año on Sunday, Jan. 15. West Philippine Sea (FILE PHOTO FROM AFP) In a statement sent to the press,...
