Corporate
Casinos, integrated resorts drive Philippine tourism growth–PAGCOR exec
An executive of the Philippine Amusement and Gaming Corp. (PAGCOR), the state agency in charge of licensing casinos and other games of chance, highlighted the role of integrated resorts and casinos in driving local tourism and fostering economic growth across various sectors.
Emperador budgets P6.5 billion for capital spending in 2024
Emperador Inc., a leading player in the global brandy and whisky industry, said Monday it has budgeted P6.5 billion for capital expenditures for this year.
Jollibee reports cybersecurity breach, initiates protocols to protect data
Jollibee Foods Corp., the country’s largest restaurant chain, said it experienced during the weekend a cybersecurity incident resulting in a personal data breach affecting the company and several of its subsidiaries.
SM doubles SMAC membership to 10 million in 4 years; a boost to sales
SM Investments Corp., the listed investment holding company of the Sy Group, has solidified its position by establishing the largest retail rewards system in the Philippines, known as SMAC.
MPTC acquiring 35% of Jakarta toll operator
Metro Pacific Tollways Corp. is acquiring a 35-percent stake in a state-owned toll road operator in Jakarta in transactions seen completed this week.
