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.
The Philippines' unemployment rate rose to 4.7 percent in April as the economy failed to keep up with the increase in the number of Filipinos joining the workforce.
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.
Alliance Select Foods International Inc. has temporarily suspended operations at its General Santos facility after strong 7.8 magnitude earthquake struck the city and nearby areas on Monday, June 8, forcing the company to assess damage and ensure employee safety before resuming production.