Jollibee hikes stake in Tim Ho Wan in pandemic rebound strategy
The transaction worth SGD36.3 million or $26.7 million will be paid for “in cash” and is targeted completed by October 30. Once completed, Jollibee’s interest in Titan Dining will rise to 85% from the current 60%......»»
Opinion - South China Sea- Philippines must softly manage disputes or miss out economically
Manilas assertive transparency strategy is touted as a model for managing maritime disputes but it diminishes key economic opportunities. As Chinese investment pours into other Southeast Asian countries, the Philippines must reduce geopolitical risks without acquiescing to Beijing......»»
Angels rebound, Crossovers roll on
Petro Gazz and Chery Tiggo carved out contrasting wins over Capital1 Solar Energy and Nxled, respectively, and stayed in the thick of the fight for the semifinals of the Premier Volleyball League All-Filipino Conference at the PhilSports Arena last night......»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
TikTok Shop Launches TikTok Shop Business School to Help Digitize Filipino Entrepreneurs
TikTok Shop launched TikTok Shop Business School, a comprehensive one-day program for Filipino entrepreneurs that aims to equip them with the skills to grow their businesses in the digital sphere. The full-day program, which 50 TikTok Shop entrepreneurs attended, was comprised of master classes on Corporate Strategy and Business Model with Kim Lato, Founder and […].....»»
‘Serenade of the Seas’ arrival restarts Subic cruise tourism program
The arrival here of GTS Serenade of the Seas, a 12-decker cruise liner operated by Royal Caribbean International, is expected to resurrect Subic’s cruise tourism program, which had gained momentum before being halted by the COVID-19 pandemic three years ago......»»
Why Business Should Start Investing in the Mental Well-Being of Their Employees
The pandemic has triggered waves of anxiety, uncertainty, and financial strain, impacting the mental health of millions of employees. Poor mental health leads to decreased productivity, increased absenteeism, and strained work relationships. With that said, it is crucial to address employees’ mental health issues to have a thriving workspace. Encourage Open Communication and Supportive Culture […].....»»
Extreme Heat as a ‘New Pandemic’: Thousands in PH Cancel Classes During ‘Hottest Year’
(Part 1 of 2) CEBU CITY, Philippines — The decades-old Gabaldon building of Leyte National High School in Tacloban City has narrow hallways, high and dark ceilings, and overcrowded classrooms. On hot and humid days, the rooms can feel stuffy and suffocating, prompting students like Dwight Lebrea, a 17-year-old Grade 12 student, to find ways.....»»
Donald Trumps $3.5bn windfall at stake in Spac deal showdow
The Financial Times, known for its in-depth coverage of global business, economics, and politics, is now offering a special subscription deal for its print edition......»»
Hong Kong, Philippines work to enhance relations
Filipinos are slowly beginning to travel back to Hong Kong following continued efforts by the Hong Kong Economic and Trade Office to woo tourists from the Philippines, as well as renew and improve trade and economic ties between the two nations following the COVID-19 pandemic......»»
Former Starbucks exec named Smashburger CEO
The Jollibee Group has appointed a former Starbucks executive to lead its fast-casual better burger brands Smashburger......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»