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Fruitas opens three restaurants in January

Food and beverage kiosk operator Fruitas Holdings Inc. has opened three new Ling Nam restaurants in Quezon City, Caloocan and Makati City in January. 

Industrial production gains back some of the strength lost in recent months

Industrial production in the Philippines, which measures the performance of the various industrial units such as manufacturing, mining and others, rose 2 percent in volume terms in December. In value terms, industrial production grew 2.6 percent.

Mitsubishi plug-in hybrid EV on loan to DOE as demo unit

Mitsubishi Motors Philippines Corp. (MMPC) has agreed to lend its plug-in hybrid electric vehicle (PHEVs) to the Department of Energy (DOE) for purposes of promoting such vehicles in the Philippines. PHEVs run on both battery power and traditional internal combustion engines. 

Twice as much depositors use Maya Bank app in 2023

Maya Bank Inc., the fintech arm of PLDT Inc., on Tuesday reported doubling its depositors to 3 million last year, its deposits totaling P25 billion or 69 percent more than previous. 

PSALM receives initial payment for its Sucat properties

The Power Sector Assets and Liabilities Management Corp. (PSALM) on Tuesday bared receipt of P5.176 billion from the Department of Transportation (DOTr) as payment for the purchase of properties in Sucat, Paranaque. 

Just in

AboitizPower earns ASEAN recognition for energy sector contributions

Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.

Lifesaver on Wheels: LG turns over ₱1.6-M ambulance to Laguna upland village

Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.

DA in talks with DALI Grocery to open bigger, direct markets for Filipino farmers

The Department of Agriculture is exploring a partnership with DALI Everyday Grocery that would give local farmers steady, expanding direct sales channels and boost contract farming opportunities for cooperatives and producer groups.

Mynt IPO draws surge of local demand, boosting market and financial inclusion 

Mynt Inc., operator of GCash, has drawn exceptionally strong domestic interest for its upcoming initial public offering, with state-run pension funds GSIS and SSS among those seeking shares, and lead arranger BDO Capital urging that more stock be set aside for local investors.
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