Corporate

Jollibee rules out taking Vietnam coffee business public for now

Fast food giant Jollibee Foods Corp. said listing its Vietnam operations, mainly coffee shops, may take longer than expected as it works to boost its operations in the country. 

China carmaker BYD buys US firm Jabil’s mobility business for $2.2B

Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean division to buy its mobility business in China for 15.8 billion yuan ($2.17 billion).

CIP signals shift to investment holding business with units merger

The board of Chemical Industries of the Philippines Inc. has approved the company’s merger with seven companies, with CIP as the surviving entity. 

Shein, Forever 21 owner sign deal as fast-fashion majors look to widen reach

Shein said on Thursday it has partnered with SPARC Group, a joint venture between Forever 21 owner Authentic Brands and mall operator Simon Property, as the online fashion retailer and its rivals look to expand their market reach.

Filinvest Land plans raising P12B via fixed-rate bond sale

Filinvest Land Inc. said Friday its executive committee has approved the sale of fixed-rate bonds that could raise as much as P12 billion.

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