Corporate
Jollibee acquires South Korea’s leading hot pot chain “Shabu All Day”
Jollibee Foods Corp. (JFC) announced Monday that subsidiary Jolli-K Co. Ltd. has acquired South Korea’s All Day Fresh Co. Ltd., the operator of the popular hot pot and all-you-can-eat brand Shabu All Day, for approximately ₱5.09 billion (KRW126.85 billion).
Globe delivers consistency, not just coverage in PH internet race
Globe has claimed the top spot in Ookla®’s 2025 Speedtest Verified rankings, earning recognition as the Most Consistent Mobile Network, Most Consistent Fixed Network, and the provider with the Widest 5G Coverage in the Philippines.
AUB profit soars on lending, digital expansion
Asia United Bank posted a record 12 percent rise in net income to P12.7 billion in 2025, driven by a stronger commercial lending portfolio and improved operational efficiency.
First Gen buys into Prime Infrastructure hydropower projects in P75B deal
First Gen Corp., controlled by the Lopez family, is acquiring a 40 percent equity stake in pumped storage hydropower portfolio Prime Infrastructure Capital Inc., part of billionaire Enrique Razon Jr.’s infrastructure venture, for P75 billion.
Semirara contract to go under the hammer as DOJ rejects renewal
The Department of Energy (DOE) is starting preparations this year for the public bidding of the coal mining rights on Semirara Island, as the contract held by Semirara Mining and Power Corp. (SMPC) expires in July next year.
