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Figaro to spin off Angel’s Pizza unit to drive future growth

Figaro Culinary Group Inc. (FCG) is carving out its fast-growing Angel’s Pizza brand into a standalone company as part of a corporate restructuring approved by its board—an overhaul aimed at sharpening operational focus and positioning the chain for expansion.

San Miguel’s Ang nixes political “caretaker” rumor

San Miguel Corp. chairman and CEO Ramon S. Ang slammed the brakes on fast-spreading rumors that he is being eyed as a political “caretaker” amid intensifying national ructions, calling the chatter pure fiction.

eCommerce surge powers Walmart’s breakout quarter

Walmart Inc. shares jumped Thursday after the retail giant delivered a standout third quarter, fueled by double-digit global eCommerce growth and steady US demand.

Maynilad launches new facility, safeguards Laguna Lake

Maynilad Water Services Inc., the country’s largest water concessionaire by customer base, has expanded its wastewater footprint in southern Metro Manila with the inauguration of the 20-million-liter-per-day (MLD) Tunasan Water Reclamation Facility (WRF) in Muntinlupa City, boosting efforts to protect Laguna de Bay and improve sewerage coverage in the West Zone.

Valuation shock shatters an industry titan

November 13, 2025 will not fade easily from the memory of Manuel Villar. For the Filipino property magnate—ranked the country’s third wealthiest by Forbes—that date marked a reckoning. His flagship investment holding firm, Villar Land Holdings Corp., formerly Golden M.V. Holdings, finally submitted its long-delayed 2024 audited annual report to the Philippine Stock Exchange (PSE). The filing arrived seven months past deadline—and detonated like a financial depth charge.

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DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

GSIS opens new Dagupan branch

The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Rockwell joins expanded 4PH to widen homeownership access

Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
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