San Miguel’s NNIC gets US support to upgrade NAIA security
San Miguel Corp.-led New NAIA Infra Corp. (NNIC) has secured US government support to upgrade security screening systems at Ninoy Aquino International Airport, as the operator prepares the country’s main gateway for sharply higher passenger volumes.
Del Monte Pacific net income nearly tripples in Q1 on strong global sales growth
Del Monte Pacific Ltd., led by the Campos group, saw its net income nearly triple in the first quarter of its fiscal year ending July, reaching $16.11 million (roughly P1 billion) from just $5.5 million a year earlier.
Maya Visa cards now work with Google Wallet and Google Pay
Visa and Maya have expanded their partnership to let users add Maya wallet cards to Google Wallet and use Google Pay across all Maya Visa cards—credit and wallet versions, both physical and virtual.
Cerberus eyes more PH investments after $500-M Agila turnaround
Cerberus Capital Management is looking to expand its Philippine investments after turning around the former Hanjin shipyard in Subic, where investments by the US firm and its tenants have reached USD500 million and created about 6,000 jobs.
EU, Spain join Luzon Economic Corridor with financing support
The European Union and Spain have joined the Luzon Economic Corridor, expanding its international partnership to 13 countries as the Philippines seeks to bring more financing, investment, and technical expertise into major infrastructure projects.
