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Philippines
Wednesday, September 25, 2024

Jenniffer B. Austria

Jollibee buying Compose Coffee for $340m

Home-grown fast-food chain operator Jollibee Foods Corp. (JFC) is acquiring a 70-percent stake in South Korean coffee brand Compose Coffee for $340 million as...

Okada ends talks to acquire Dennis Uy’s Cebu casino

Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the Japanese operator of Okada Manila, has terminated its agreement to acquire Dennis Uy's hotel and casino...

DoubeDragon gets SEC nod for its P10-b bond program

The Securities and Exchange Commission (SEC) approved the P10-billion bond shelf registration program of DoubleDragon Corp., the company said in a disclosure to the...

PH stocks drop on profit-taking after market rally

Philippine stocks started the trading week in the red largely as investors took profits after previous week’s rally. The 30-company Philippine Stock Exchange index declined by...

Century Pacific allocates up to P5b for 2024 capex

Canned food manufacturer Century Pacific Food Inc. (CNPF) of the Po family said Monday it allotted between P4 billion and P5 billion for 2024...

SEC supports gov’t efforts to exit FATF gray list

The Philippines is moving closer to exiting the Financial Action Task Force (FATF) gray list, according to Securities and Exchange Commission (SEC) chairperson Emilio...

GT Capital Holdings appoints Uy-Tioco as new CFO

GT Capital Holdings Inc., the listed holding company of the Ty family, appointed investment banker George Uy-Tioco Jr. as its new chief financial officer...

35 years of building communities, a lasting vision of Megaworld

Megaworld Corporation, a name synonymous with innovation and integrated townships in the Philippines, boasts a remarkable journey spanning over three decades. From its humble...

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