DFNN shareholders OK capital hike, preferred share issuance
DFNN Inc. shareholders have approved a substantial increase in authorized capital stock, alongside plans to issue preferred shares and list them on the Philippine Stock Exchange, in a move that signals a potential expansion phase for the firm.
Philippines backs balanced WTO reform push
The Philippines is pressing for a calibrated overhaul of global trade rules as the 14th WTO Ministerial Conference opened on March 26 in Yaoundé, with Manila advocating reforms that preserve the core principles of the multilateral trading system.
TAFT pours P3.6B into LISP IV expansion
Singapore-based Total Advanced Future Technology Pte. Ltd. (TAFT) is set to invest P3.6 billion in a new manufacturing facility at the Light Industry and Science Park IV (LISP IV), a move expected to accelerate the Philippines’ push to attract high-value, export-oriented industries.
Petron faces crude gap despite Russian supply
Petron Corp., the oil company of San Miguel Corp., is grappling with a crude supply deficit despite emergency imports from Russia, highlighting the fragility of the Philippines’ fuel security amid escalating geopolitical tensions in the Middle East.
Avocadoria expands abroad, enters Thailand market
Filipino dessert brand Avocadoria has stepped up its international push, opening its first outlet in Thailand and marking its third overseas market after Singapore and the United Arab Emirates. The expansion signals growing traction for homegrown food concepts abroad.
