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Jollibee takes control of South Korea’s Compose Coffee for USD340 million

Jollibee Foods Corp., the Philippines' food service company, said Tuesday its subsidiary, Jollibee Worldwide Pte. Ltd., has finalized a deal to acquire a majority stake of 70 percent in Compose Coffee Co., Ltd. and JMCF Co. Ltd., collectively known as Compose Coffee.

Meralco launches nuclear engineering scholarship; 5 engineers sent to US, China

Manila Electric Co. has launched FISSION program—short forFilipino Scholars and Interns on Nuclear Engineering—as the country’s largest power distributor prepares for an expected Philippine adoption of nuclear technology to address growing demand for electricity and shift away from carbon-emitting technology.

Solar developer seeks connection to the Visayas grid via the Tabango substation

The San Isidro Solar Power Corp. (SISPC) is seeking Energy Regulatory Commission (ERC) approval to connect to the Visayas grid via the 230 kiloVolt Tabango substation in Leyte.

Metro Manila daily minimum wage increases by P35 on July 17

The daily minimum wage in Metro Manila for private sector workers will increase by P35 starting July 17, a salary adjustment that will directly impact 988,243 minimum wage earners and may also affect around 1.7 million employees paid higher salaries.

Garin’s crusade to unmask fear mongers in health sector lauded

Former Health Secretary and now Congresswoman Janette Garin on Monday cited the need for the Department of Health to have a dedicated team of experts authorized to speak on public health issues, ensuring the information released is based on facts. This is crucial given the prevalence of fake news and misinformation.

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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