Corporate

Filinvest REIT expands lease agreement with NZ’s Building Engineering 

Filinvest REIT Corp., the real estate investment trust of the Gotianun Group, has extended its lease agreement with Building Engineering and Design Co., a prominent New Zealand-based engineering and architectural firm.

Figaro unit Angel’s Pizza sales driven by partnership with Grab

Figaro Coffee Group Inc. said Monday that its fast-growing pizza chain, Angel’s Pizza, posted P1.2 billion in sales on GrabFood in the first half of 2024 on the back of over 925,000 transactions, a 63 percent increase year-on-year.

Balai in exclusive deal to distribute Polland Hopia in Cebu, Zamboanga

Balai ni Fruitas Inc., a unit of food and beverage kiosk operator Fruitas Holdings Inc., on Monday reported sealing an agreement with D’ Famous Red Box Corp. to exclusively distribute Polland Hopia brand in Cebu and Zamboanga. 

Still fluid debt market rates compel JFC to reevaluate preferred share sale

Jollibee Foods Corp. is re-evaluating earlier plans to sell preferred shares to raise capital funds for expansion purposes owing to its domestic business growing faster than expected.

TUGS engaged to salvage M/T Terranova off Bataan coast

Harbor Star Shipping Services Inc., a company that trades on the stock exchange under the symbols TUGS, said it has been hired to salvage M/T Terranova, a tanker that sank off the coast of Bataan.

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