Corporate
Jollibee expands to Oregon amid surging U.S. demand
Jollibee has officially entered the Oregon market with the opening of its first store in the state, located at Tanasbourne Village Shopping Center in Hillsboro. The launch, held on 30 May, represents a milestone in the Filipino fast-food giant’s continued North American expansion, marking its 105th store in the region.
Areit block sale backs ALI’s capital recycling push
Ayala Land Inc. (ALI) said Thursday that it has raised approximately P489 million from a block sale of 12 million common shares in Areit Inc., its real estate investment trust (REIT), to institutional investors. The shares were priced at P40.78 apiece, representing a slight discount from Areit’s last traded price of P41.50.
Potato Corner expands to Taiwan, Laos by year-end
Shakey’s Pizza Asia Ventures Inc. is set to introduce its Potato Corner brand in Taiwan and Laos by year-end. The move underscores the company's commitment to scale its iconic snack brand in new high-growth markets.
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.
