Del Monte Pacific Ltd., led by the Campos group, saw its net income nearly triple in the first quarter of its fiscal year ending July, reaching $16.11 million (roughly P1 billion) from just $5.5 million a year earlier.
Visa and Maya have expanded their partnership to let users add Maya wallet cards to Google Wallet and use Google Pay across all Maya Visa cards—credit and wallet versions, both physical and virtual.
Cerberus Capital Management is looking to expand its Philippine investments after turning around the former Hanjin shipyard in Subic, where investments by the US firm and its tenants have reached USD500 million and created about 6,000 jobs.
The European Union and Spain have joined the Luzon Economic Corridor, expanding its international partnership to 13 countries as the Philippines seeks to bring more financing, investment, and technical expertise into major infrastructure projects.