Corporate
Famed Kyoto coffee brand reopens Philippine operations
Japan's Khoffee Group Corp. has reopened Arabica Philippines whose local operations ceased in 2022 due to the pandemic.
Figaro Group unit gains access to $46B coffee export market
Figaro Coffee Group Inc. said Monday that one of its indirect units has been accredited by the Department of Trade and Industry as a coffee exporter, a certification it needed to gain access to global export market for coffee whose size in 2022 was estimated at $46 billion.
GoTyme bank partners with Uncle John’s
The digital lender GoTyme Bank has partnered with the Go family-led convenience store chain Uncle John’s. This expands the bank’s deposit and withdrawal footprint just as it hits the one million customer mark in less than a year from the start of its operations.
Corporate infraction penalty schedule 900 percent more expensive
The Securities and Exchange Commission (SEC) has made it more compelling for corporations to heed its admonitions by raising its penalty schedule for corporate infractions a hefty 900 percent.
US judge says Universal Entertainment does not have to close SPAC deal
A Delaware judge ruled on Thursday that an affiliate of Japan’s Universal Entertainment Corp does not have to complete a special purpose acquisition company merger deal with 26 Capital Acquisition Corp that related to Okada Manila, the largest casino in the Philippines, a Reuters report said.
