Corporate
Maynilad expands AI use after successful pilot test
Maynilad Water Services Inc. is expanding the use of artificial intelligence (AI) in identifying areas in its water distribution system with high likelihood for leaks.
Okada drops bid to acquire Dennis Uy’s Emerald Bay Project in Cebu
PH Resorts Group Holdings Inc., the listed gaming unit of Davao businessman Dennis Uy, on Tuesday announced the termination of the sale of its Cebu gaming operations by the business that operates Okada Manila.
Jollibee takes control of South Korea’s Compose Coffee for USD340 million
Jollibee Foods Corp., the Philippines' food service company, said Tuesday its subsidiary, Jollibee Worldwide Pte. Ltd., has finalized a deal to acquire a majority stake of 70 percent in Compose Coffee Co., Ltd. and JMCF Co. Ltd., collectively known as Compose Coffee.
Meralco launches nuclear engineering scholarship; 5 engineers sent to US, China
Manila Electric Co. has launched FISSION program—short forFilipino Scholars and Interns on Nuclear Engineering—as the country’s largest power distributor prepares for an expected Philippine adoption of nuclear technology to address growing demand for electricity and shift away from carbon-emitting technology.
Jollibee aims to triple net income in 5 years primarily through overseas expansion
Ernesto Tanmantiong, president and chief executive officer of Jollibee Foods Corp., aims to triple the net income of the Philippines’ largest restaurant group within the next five years.
