Jollibee Group to infuse more capital into Titan Dining for Tim Ho Wan expansion
Titan Dining, a private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan restaurants, will be increasing its current fund size to SGD450 million from SGD350 million to support the expansion of Tim How Wan, other brands, and other future food and beverages concepts that may be included in the portfolio in the future.
Vista Land unit sets up $2B medium-term debt note
Vista Land & Lifescapes Inc. said Tuesday its unit, VLL International Inc., has established a USD2 billion medium-term note program to raise funds for the various real estate projects of former Senate President Manuel Villar.
Bank-related text scams fall 85 percent over nine months in 2023
Globe Telecom Inc. said the number of blocked spam and scam text messages related to banks fell more than 85 percent, based on data covering the first three quarters of 2023.
Power generation charge does not reflect falling global coal prices over year-long ERC study
The Energy Regulatory Commission (ERC) has established a sharp divergence between the price of imported coal that trended lower during a year long study and the actual generation charge levied on consumers during the period. The charge is collected by distribution utilities (DUs) like Meralco on behalf of the various power generation companies (gencos) the country.
DOE bidding for micro-grid services attracts proposals from lone consortium
The Department of Energy (DOE) has completed the opening of bids under the first Micro Grid Service Provider–Competitive Selection Process (MGSP-CSP).
