Philippine Updates
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FDC Still Keen on PPP Projects
Filinvest Development Corp. is still setting its sights on infrastructure projects, all of which is under the public-private partnership program of the government. FDC Director…
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Seaoil Opening SCTEx Service Station by Q4
Seaoil Philippines is expecting its first ever “mega-station” to be operational by the fourth quarter of this year. The mega-station will be located along the…
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Facebook’s Manila Office Established
Facebook has officially opened its Manila office. The tech giant aims to connect its 49 million plus Filipino users, not only with friends and family,…
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Peso Gains Strength as Oil Prices Stabilize
The peso gained strength against the dollar yesterday, reversing previous slumps. Oil prices have recovered after failed talks among various oil producing countries, which drove…
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Century Pacific Food Acquires P500M Loan
Century Pacific Food, Inc. is entering into an agreement in order to secure a five-year fixed rate term loan, which will amount to P500 million.…
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Locals and Tourists Alike Get a Jolly Treat as Jollibee Opens at Mactan-Cebu International Airport
Locals and tourists visiting the queen city of the south got a jolly welcome and send-off as Jollibee opened two new stores, strategically located at…
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Cirtek Holdings Looking Forward to 35% Increase
Cirtek Holdings Philippines Corp. is expecting accelerated sales growth for this year as it looks to expand its customer base with the introduction of new…
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ALI Launching New QC Condo Project
Property Giant Ayala Land, Inc. is set to launch a new middle-range project in Quezon City. Avida Land Corp. Manager Caren Rose Rosales stated that…
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SMC Global Power Raising P15B via Bonds
The San Miguel Corp. has yet another capital-raising exercise this year to help refinance existing debt. This time around, the sale of peso-denominated bonds by…
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DoubleDragon Capital Hike Approved by SEC
DoubleDragon Properties managed to secure the green light from the Securities and Exchange Commission for its capital hike. This move paves the way for preferred…




