Corporate
Pepsi Philippines earns DOLE recognition for over 8 million accident-free hours
Pepsi-Cola Products Philippines, Inc. (PCPPI) North Luzon operations has received an award from the Department of Labor and Employment (DOLE) Region I for recording more than eight million hours without a work-related accident.
Armscor eyes new Luzon site for expansion
Local firearms and ammunition maker Armscor Global Defense Inc. is scouting locations across Luzon to expand its manufacturing operations, as its 7-hectare facility in Marikina has run out of space.
NEXTASIA raises ₱300M for southern expansion
NEXTASIA Land, Inc. has tapped the debt capital market for the first time, raising P300 million through an unsecured corporate note facility to fund residential projects and strategic land acquisitions in Southern Luzon.
Indonesian retailer MAP takes over Marks & Spencer operations
Indonesian lifestyle retail leader PT Mitra Adiperkasa Tbk (MAP) has secured the franchise rights to run Marks & Spencer (M&S) stores in the Philippines, taking over from local firm SSI Group Inc.
Former PAL chief joins DOT leadership team
The Department of Tourism (DOT) has bolstered its leadership ranks with the appointment of three new undersecretaries, including former Philippine Airlines (PAL) president Stanley K. Ng, as the agency intensifies efforts to strengthen the country’s tourism competitiveness and accelerate industry growth.
