Corporate
PLDT buys new shares maintain Kayana stake
PLDT Inc., the country’s largest integrated telecommunications firm, has subscribed to 594 million additional shares in Kayana Solutions Inc. to maintain its 45 percent equity interest in the digital experience company formerly known as DigiCo.
Suntrust acquires 20% stake in Entertainment City Resorts
Suntrust Resort Holdings Inc. announced on Monday the acquisition of an indirect 20 percent ownership stake in Entertainment City Resorts Corp. (ECRC) as part of a collaboration aimed at accelerating the development of the Westside Integrated Resort Project in Parañaque City.
Jollibee and Canada explore stronger trade, sourcing cooperation
The Jollibee Group has announced deeper collaboration with the Government of Canada following a high-level visit by Canadian Agriculture and Agri-Food Minister Honourable Heath MacDonald to the company's Manila headquarters.
Microenterprises get big boost from BPI, DTI partnership
The Bank of the Philippine Islands's (BPI) social development arm BPI Foundation (BPIF) has rolled out its Small Enterprise Acceleration Lab – Business Expansion through Training and Application (SEAL-BETA) in Rizal and five other provinces, in hopes of boosting microenterprise growth and economic inclusion.
UBx names Dan Marogy as CEO
The board of UBx Philippines, the fintech subsidiary of Union Bank of the Philippines, has appointed Dan Marogy as its new chief executive officer, effective Monday, September 1.
