Corporate
Angel’s Pizza adds 9 new branches
Angel’s Pizza, a unit of the popular Figaro Coffee Group Inc., on Thursday opened nine new branches over a two-month stretch in key areas in Luzon and the Visayas.
ICTSI secures $750 million loan from Metrobank
International Container Terminal Services Inc. said Thursday its board approved a plan to borrow $750 million from Metropolitan Bank & Trust Co.
ICTSI, the port...
Stiffer penalties await serial corporate offenders beginning October
The Securities and Exchange Commission (SEC), which has drawn up a punitive schedule of fines 90 percent more harsh than existing rules, has released an amnesty program extending the compliance period up to end-September this year.
Aboitiz Power moves to buy back shares; to use internal funds
Aboitiz Power Corp. said Wednesday its board approved a plan for the energy firm to buy back its own shares using internally-generated excess cash.
PAL fills executive posts to boost management
PAL Holdings Inc., which operates flag carrier Philippine Airlines, has filled key executive positions in a move to build a structure that strengthens the airline’s leadership team.
