Corporate

Shakey’s Pizza Asia Ventures Inc. plans to close more outlets this year, following the closure of 15 to 20 stores so far, primarily under its Peri-Peri brand. At the start of 2026, the company operated around 3,000 locations across its brands.

Liquor maker Emperador Inc. has lowered its capital expenditure budget for this year to P2.4 billion. This is a significant drop compared to previous years, as the company has finished most of its large-scale investment projects.

Globe Telecom has launched a new 5G network facility at Miriam College, marking another milestone in its effort to support modern education and empower the next generation of learners.

Globe Telecom has secured a P5-billion term loan facility from BDO Unibank, providing additional financial flexibility to support network investments, refinance existing obligations, and meet general corporate funding requirements as demand for digital services continues to rise.

Freelancing has become an increasingly popular career choice in the Philippines, with the sector recording a 208 percent growth in revenue between 2019 and 2020 – the highest rate across Asia.