MANILA -- Logistics service provider LBC Express Holdings Inc. is acquiring four affiliate cargo and remittance companies based in the United States (US) for USD8.55 million, in a bid to boost its...
MANILA -- The Philippine peso remained firm against the greenback on Thursday amid the wait-and-see stance ahead of the release of US’ non-farm payrolls report on Friday but the Philippine Stock...
MANILA -- The Philippines is seen as one of the most attractive markets in Asia for household goods, with the market here projected to reach PHP249.7 billion, or around USD5.1 billion by...
MANILA -- Construction activity in the country rose 3.6 percent in the fourth quarter of 2017 on the back of higher building permits approved from non-residential construction and additions to existing structures,...
MANILA -- Homegrown fast food giant Jollibee Foods Corp. (JFC) has signed the agreement to acquire an additional 45-percent stake in the American burger chain for USD100 million.
JFC told the local bourse...
MANILA -- The Philippine Competition Commission (PCC) has approved the transaction between Ayala Land, Inc. and Central Azucarera de Tarlac.
PCC Chairman Arsenio Balisacan said that the planned acquisition by Ayala Land of...
