Corporate
New Smart deal brings e-load income to micro-entrepreneurs
Smart Communications, Inc. (Smart) has entered into a strategic partnership with D One Legacy PH Corp. to equip more Filipinos with tools to succeed in the digital economy while strengthening Smart’s market reach through grassroots retail distribution.
Pilmico, Iligan City launch corn post-harvest hub
Pilmico, the food and agribusiness arm of Aboitiz Foods, has partnered with the Iligan City Government to launch "Project Silk Iligan Post-Harvest Support," an initiative aimed at strengthening the yellow corn value chain through improved infrastructure and farmer support.
Grab PH donates e-bikes in support of active transport push
Grab Philippines has partnered with the Department of Transportation (DOTr) and donated pedal-assist bicycles and helmets to 20 individuals as part of the agency’s Active Transport Program, underscoring a joint commitment to sustainable mobility and road safety.
First Filipino Nasdaq listing stumbles out of the gate
Hotel101 Global Holdings Corp. (Nasdaq: HBNB), the first Filipino company to list on the Nasdaq, saw its shares tumble 70 percent on its first day of trading, closing at US$3.28. The steep decline followed its merger with JV SPAC Acquisition Corp., whose shares closed at a significantly higher level the previous trading day.
Del Monte Foods enters bankruptcy; Parent DMPL faces $748M exposure
Del Monte Pacific Ltd. (DMPL) of the Campos Group on Wednesday confirmed that its U.S. subsidiary, Del Monte Foods Holdings Ltd. (DMFHL), has filed for Chapter 11 bankruptcy protection as part of a comprehensive restructuring and asset sale process.
