Jollibee Foods Corp. (JFC) said its wholly owned dim sum brand Tim Ho Wan has reached definitive agreements to restructure its joint venture with Japan’s WDI across North America and Japan, giving Tim Ho Wan full control of its priority North American platform while WDI takes full charge of Japan operations.
Over 50 fisherfolk representing all six municipalities of Batanes have completed the Fish N' LEarn financial education program, acquiring practical skills in budgeting, savings, debt management, insurance, and financial planning through a joint initiative of BDO Foundation, the Bangko Sentral ng Pilipinas, and the Bureau of Fisheries and Aquatic Resources.
AREIT Inc. is moving toward an October regulatory filing for its P17.33-billion property-for-share swap with Ayala Land Inc. and four subsidiaries, a transaction that will bring six shopping mall and hotel assets into the real estate investment trust’s portfolio and potentially strengthen recurring cash flow and dividends.
Clark Freeport is emerging as a key anchor of the Luzon Economic Corridor, leveraging its connectivity, established business ecosystem, and logistics infrastructure to attract investments and strengthen supply chains across Luzon.
Topline Group of Companies is positioning for sustained energy demand growth as it expands its fuel retail network, quadruples storage capacity, and builds a more integrated supply platform across the Visayas.
COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.
Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.
Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.
Robinsons Retail Holdings Inc. (RRHI), part of the Gokongwei Group, is set to end its tenure as a publicly listed company at the end of August, after the Philippine Stock Exchange approved its petition for voluntary delisting.