Corporate

VSTECS named Fastly distributor in PH

VSTECS Phils., Inc. has been appointed as the official Philippine distributor of Fastly, Inc., a global edge cloud platform provider.

Prime Infra, not Lopez, pushed “key man” clause in hydro deal — First Gen

First Gen Corporation on Thursday stressed that it was Prime Infrastructure Capital, Inc. (Prime Infra)—not its chairman and CEO Federico “Piki” Lopez—that insisted on including “Key Man” or Change of Management Control (CMC) provisions in their hydro power agreements.

First Gen flags control clause in Prime Infra deal

First Gen Corp., the power generation arm of the Lopez Group, said its definitive agreements with Prime Infrastructure Capital, Inc. (Prime Infra) include change-of-management control provisions that could trigger discounted asset sales, worth a total P23.5 billion, if leadership conditions are not met during a defined period.

Shakey’s posts growth in 2025, braces for 2026 headwinds

Shakey’s Pizza Asia Ventures Inc. (SPAVI) reported audited 2025 results showing continued topline growth despite softer consumer demand in the second half. Systemwide sales reached P24.8 billion, up 14 percent year on year, while revenues rose 11 percent to P16.1 billion.

DigiPlus secures South Africa Gaming licenses expansion 

DigiPlus Interactive Corp., the operator behind online gaming platforms BingoPlus, ArenaPlus, and GameZone, has secured regulatory approval to enter South Africa, marking a major step in its international expansion strategy.

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