Corporate
Cityland, LAND merger approved to form P3.8B firm
Cityland Development Corp. (CDC) said Tuesday that its board has approved a proposed merger with its subsidiary, City & Land Developers Inc. (LAND), with CDC as the surviving entity, subject to shareholder and regulatory approvals.
LBC Express announces major leadership changes
LBC Express Holdings Inc., a listed money remittance and delivery and logistics services company, announced a major executive transition, with long-time chairman, president, and chief executive officer Miguel Angel A. Camahort set to retire effective October 1.
San Miguel finalizes long-delayed Meralco deal
San Miguel Corp., one of the country’s largest conglomerates, has completed a long-delayed transaction to acquire 1.03 million shares of Manila Electric Co. from the Land Bank of the Philippines.
Jollibee, DepEd roll out industry-based senior high curriculum
The Jollibee Group has formalized an agreement with the Department of Education (DepEd) to co-develop a specialized Quick Service Restaurant (QSR) curriculum for senior high school (SHS) students under the Technical-Vocational-Livelihood (TVL) track.
Peninsula Manila Goes Green with MPower Deal
MPower, the retail electricity arm of Manuel V. Pangilinan-led Meralco, has signed a new renewable energy supply contract with The Peninsula Manila, marking a major step in the five-star hotel’s decarbonization strategy.
