Corporate
Tanduay pours premium play, eyes globe
Tanduay is doubling down on premium spirits while sharpening its global ambitions, as Spanish brandy house Torres officially enters the Philippine market through a new distribution partnership with the local liquor giant.
BPI Foundation, Mapúa Malayan Colleges Laguna launch financial literacy partnership
The Bank of the Philippine Islands, through the BPI Foundation (BPIF), has partnered with Mapúa Malayan Colleges Laguna (MMCL) to expand financial literacy efforts for underserved Filipinos through the FinEd Unboxed Program.
Toyota brings hospitals on wheels
The Toyota Mobility Foundation (TMF), together with Toyota Motor Philippines Foundation and the University of the Philippines–Philippine General Hospital (UP-PGH), has rolled out the HEAL Mobile Clinic, a healthcare initiative that brings hospital-grade diagnostic services directly to underserved communities through mobility-driven solutions.
Xurpas cashes out, sharpens focus
Xurpas Inc. is paring back its regional footprint, approving the sale of its 49 percent equity stake in PT Sembilan Digital Investama (PT SDI)—an investment it has held since 2015—as it looks to free up cash and refocus resources.
Manila Water locks in P27B loan for Wawa acquisition
Manila Water Co. Inc., the east zone water concessionaire controlled by tycoon Enrique Razon, has secured a 15-year, P27-billion loan from BDO Unibank Inc. to fund its acquisition of WawaJVCo. Inc., strengthening its grip on a critical water source for Metro Manila.
