Figaro Coffee rebrands as Figaro Culinary Group to reflect broader vision
Figaro Coffee Group Inc. is rebranding to Figaro Culinary Group Inc. after its shareholders approved the change in a bid to align the company’s identity with its expanding product offerings. The move reflects a strategic shift to diversify beyond coffee into a broader range of culinary experiences.
Bay Mall topping off marks a milestone for Liloan’s economic growth
Vikingland Corp., a subsidiary of Cebu-based Top Line Business Development Corp., celebrated the topping-off of its flagship Bay Mall in Liloan, Cebu, marking a significant step in the municipality's growth.
Filinvest Land seeks SEC approval for P12B retail bond offer
Filinvest Land Inc., the listed property development arm of the Gotianun Group, has sought the approval of the Securities and Exchange Commission for its public offer of up to P9 billion worth of fixed-rate, peso-denominated retail bonds.
Philippines, Japan strengthen defense ties with Reciprocal Access Agreement
The Stratbase Institute has hailed the Senate’s unanimous approval of the Reciprocal Access Agreement (RAA) with Japan on 16 December 2024, calling it a significant milestone in strengthening bilateral relations and enhancing regional security. The RAA, which solidifies defense cooperation between the Armed Forces of the Philippines (AFP) and Japan's Self-Defense Forces (SDF), will facilitate joint military activities, improve interoperability, and contribute to the security architecture of the Indo-Pacific region. By fostering closer defense ties, the agreement aims to enhance maritime safety and stability at a time of rising geopolitical tensions.
11-month BOP reverts into surplus of $2.1 B
The country's balance of payments (BOP) position posted a surplus of USD2.1 billion in the first 11 months of 2024, a turnaround from last year when this stood as a deficit of USD2.3 billion, latest data from the Bangko Sentral ng Pilipinas (BSP) show.
