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Christine Murray and Alexandra Alper, Reuters Posted at Feb 09 2017 11:06 AM http://news.abs-cbn.com/business/02/09/17/high-spirits-as-mexicos-jose-cuervo-prices-ipo-at-top-of-range-sources MEXICO CITY – The initial public offering for tequila maker Jose Cuervo priced at the top of the expected range at 34 pesos per share, two people said on Wednesday, marking the first Mexican IPO since Donald Trump won the US […]
By Louise Maureen Simeon (The Philippine Star) Updated February 10, 2017 – 12:00am http://www.philstar.com/business/2017/02/10/1670676/sl-agritech-defers-p8-b-public-offer MANILA, Philippines – Hybrid rice and seeds producer SL Agritech Corp. has pushed back its planned initial public offering to early next year to raise as much as P8 billion, its top official said. SL Agritech chairman and CEO Henry Lim […]
By the staff 12:32 AM February 10, 2017 https://business.inquirer.net/224317/biz-buzz-fake-infra-news Infrastructure firm Citra recently announced that it was expanding its toll assets and other infrastructure-related businesses here and in Indonesia. In the Philippines, it has submitted an unsolicited proposal for the P50-billion, 17.7-kilometer Manila-Taguig Expressway. In Indonesia, it said it would raise as much as $3.8 […]
By Danessa Rivera (The Philippine Star) Updated February 9, 2017 – 12:00am http://www.philstar.com/business/2017/02/09/1670299/pnoc-keen-lng-hub-batangas MANILA, Philippines – State-run Philippine National Oil Co. (PNOC) is keen on pursuing plans to develop liquefied natural gas (LNG) facilities in its property in Mabini, Batangas, its top official said. The Mabini property is the most practical and pragmatic location to […]
By Louella Desiderio (The Philippine Star) Updated February 10, 2017 – 12:00am http://www.philstar.com/business/2017/02/10/1670672/globe-paypal-tie MANILA, Philippines – Globe Telecom Inc. and digital payments provider PayPal have forged a partnership to enable freelancers and businesses to easily withdraw funds. With this partnership, micro, small and medium enterprises (MSMEs) and freelancers in the country now have a platform […]
By: Doris Dumlao-Abadilla Philippine Daily Inquirer 02:21 PM February 09, 2017 https://business.inquirer.net/224282/ayala-invests-medgrocer The Ayala group has expanded its footprint in the healthcare space by investing in MedGrocer, a local start-up ePharmacy service provider. In a disclosure to the Philippine Stock Exchange on Thursday, Ayala Corp. said its wholly-owned unit Ayala Healthcare Holdings Inc. (AC Health) […]
ABS-CBN News Posted at Feb 09 2017 02:19 PM http://news.abs-cbn.com/business/02/09/17/maxs-group-to-open-12-yellow-cab-stores-in-vietnam MANILA – Max’s Group said Thursday it was bringing its Yellow Cab Pizza chain ti Vietnam, as it expands its overseas footprint. The restaurant operator said it signed a development agreement with Vietnam’s Blue Star Food Corp. to open at least 12 Yellow Cab stores […]
(The Philippine Star) Updated February 10, 2017 – 12:00am http://www.philstar.com/real-estate/2017/02/10/1670685/berjaya-backs-gk-building-communities MANILA, Philippines – Berjaya Group founder and Malaysian philanthropist Tan Sri Dato Seri Vincent Tan returned to the Philippines recently to fulfill another commitment to the Gawad Kalinga cause. Tan Sri and his children led the unveiling of the Berjaya Garden Restaurant and Culinary Center […]
(The Philippine Star) Updated February 10, 2017 – 12:00am http://www.philstar.com/real-estate/2017/02/10/1670687/cebus-parkmall-keeps-big-city-competition MANILA, Philippines – Despite the presence of big city malls, Parkmall located at the Mandaue Reclamation Area in Cebu continues to keep its competitive edge and has addressed this further with the launch of a three-year redevelopment agenda, the first phase of which involves the […]
By: Miguel R. Camus Philippine Daily Inquirer 12:18 AM February 10, 2017 https://business.inquirer.net/224307/next-ppp-reinventing-nayong-pilipino The Philippines on Thursday unveiled its latest public private partnership project to a packed audience raring for a unique opportunity: reinventing the Nayong Pilipino cultural theme park for the future. Spearheaded by the Department of Tourism, an investor briefing was held before […]
