Sunday, January 19, 2020
(Source: Rappler | May 9, 2018) Filipino fast-food giant Jollibee Foods Corporation (JFC) will invest up to S$45 million (P1.74 billion) in private equity fund Titan Dining LP to buy the master franchise holder of the Tim Ho Wan brand...
By: Business World Fruitas Holdings, Inc. now has over over 1,000 kiosks, while landing as 10th most actively traded stock on its market debut on November 1. In a statement, the F&B company said it has 1,036 stores around the country...
(Source: ABS-CBNnews.com | June 8, 2015) Swedish fashion giant H&M is planning to open a store in Cebu City late this year as it continues with its expansion plan in the Philippines. A branch in Cebu will be H&M's first store outside...
(Source: ABS-CBN News | May 24, 2018) IKEA will price its products in the Philippines "so low," it will cater to the biggest possible market, an official of the Swedish furniture-maker said Thursday. IKEA earlier confirmed reports it would open its...
(Source: xinhuanet.com | October 25, 2017) A new offline e-payment system supported by China's mobile payment platform Alipay was rolled out recently in Manila, showing the country's desire to accelerate the digitization to help facilitate the lives of Filipinos. At the...
(Source: Business World | June 28, 2018) Most Filipinos expect to increase their online spending this year, a study by PayPal Holdings, Inc. and Ipsos said. Results of the PayPal Cross-Border Consumer Research 2018 showed the total online spend of Filipino...
(By: Charissa Luci-Atienza | Manila Bulletin) The House of Representatives has adopted a resolution hailing the “valuable contributions” of empire builder Henry Sy, Sr. to business and nation-building. House Resolution 177, principally authored by Speaker Gloria Macapagal Arroyo, hurdled the Lower...
(Source: Entrepreneur.com.ph | May 7, 2018) Lorraine Belo-Cincochan, the president and CEO of listed home improvement retailer Wilcon Depot, is one of the 25 women included in business magazine Forbes Asia’s inaugural Emergent 25 list. The only Filipina to make...
(Source: Business Mirror | February 19, 2018) SM Prime Holdings Inc. (SMPH) said it had a recurring net income growth of 16 percent in 2017 to P27.6 billion, from P23.8 billion of prior year on the back of the expansion...
By: Arra B. Francia, Business World Fashion e-commerce site Zalora Philippines (ZPH) recently broke ground for a new warehouse facility in Muntinlupa City, which will significantly boost its storage capacity in order to handle the anticipated growth of e-commerce sales...
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