Corporate

A deepening corporate power struggle inside one of the Philippines’ most influential business families has escalated into a regulatory flashpoint, with the controlling shareholders of Lopez Inc. calling for an official probe into alleged disclosure lapses tied to major energy transactions and so-called "poison pill" provisions.

Lenovo has appointed Sumir Bhatia as its first chief commercial officer for the Asia Pacific region.

Jollibee Foods Corporation said Wednesday its coffee brand Highlands Coffee continues to perform strongly, boosting the group’s Coffee & Tea business.

Cebu-based Vivant Infracore Holdings, Inc., operating as Vivant Water, has completed its acquisition of Bantayan Resource Management and Development Corp., securing full ownership and operational control of the water distribution provider serving the Municipality of Bantayan in Cebu.

Globe Telecom Inc. has named Cezar P. Consing as chairman of its board, marking a leadership transition as Jaime Augusto Zobel de Ayala steps down after nearly three decades at the helm.