Corporate

Fruitas buys cloud kitchen equipment from Foodpanda

Fruitas Holdings Inc., a listed food and beverage company, said Tuesday it purchased from Foodpanda cloud kitchen equipment for its wholly-owned subsidiary Fly Kitchen...

ICTSI Australia subsidiary acquires large cargo handling equipment

Victoria International Container Terminal (VICT), a subsidiary of International Container Terminal Services, Inc. (ICTSI) has acquired two new ship-to-shore (STS) cranes in a bid to handle large vessels. 

Globe selling 77% ECPay stake to GCash parent for P2.31B

Globe Telecom Inc. said Monday it is unloading its controlling stake in Electronic Commerce Payments Inc., or ECPay, to Gcash’s parent company Globe Fintech Innovations Inc. (Mynt) for P2.31 billion.

SEC extends amnesty program by another month

The Securities and Exchange Commission (SEC) has granted a final one-month extension of the amnesty application of non-compliant and suspended or revoked corporations, before a new and more punitive scale of fines and penalties come into effect. 

Bloomberry raising P5.59B via two-step equity offering

Bloomberry Resorts Corp. said Friday its board approved a two-step capital-raising plan that would generate P5.59 billion for the listed resort and casino operations business of tycoon Enrique Razon.

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