Corporate
OPMC eyes bigger, longer Linapacan play
Oriental Petroleum and Minerals Corp. is gearing up for the next chapter of the West Linapacan project as its joint venture moves to secure a new petroleum service contract ahead of the current concession’s expiration.
PCC clears Metro Pacific takeover of coconut firm
The Philippine Competition Commission (PCC) has cleared Metro Pacific Agro Ventures Inc.’s takeover of Franklin Baker Company of the Philippines, paving the way for a major consolidation in the country’s coconut industry.
Tanduay taps Denmark to fuel Europe expansion
Tanduay, one of the Philippines’ most awarded rum brands, is expanding its European footprint with a new distribution partnership in Denmark, strengthening its push into premium spirits markets across the region.
Figaro builds export-ready food platform
Figaro Culinary Group is deepening its long-term growth play as it ramps up operations of Figaro Innovation and Development Inc. (FIDI), a wholly owned subsidiary designed to expand the Group’s food product pipeline, strengthen manufacturing capabilities, and lay the groundwork for future export markets.
MREIT bulked up with prime offices
MREIT, Inc., the real estate investment trust of Megaworld Corp., is expanding its footprint after its board approved the infusion of nine Grade A office buildings through a property-for-share swap valued at P16.22 billion.
