Alsons Planning Capital Call for Sarangani Plant

Alsons Consolidated Resources, Inc. is asking its shareholders, along with its Japanese partner, to inject more capital. This is to help fund the company’s second phase of its Sarangani coal-fired …

Asia Brewery & Heineken Form a Joint Venture

Asia Brewery, Inc. partnered up with Heineken International B.V. in an attempt to add more premium beer brands to their diversified beverage portfolio. The agreement between the two was signed …

New Law Could Sanction Hezbollah Ministers

According to a US Treasury Department official, Lebanese officials who are part of Hezbollah, the resistance movement, may end up sanctioned under a new US law. The US Hezbollah International …

Coke FEMSA Expanding Production Lines in Mindanao

Coca-Cola FEMSA Philippines, Inc. is expanding its beverage line in Mindanao. The expansion includes additional non-carbonated drinks like juices being produced within its three factories in the region. The company’s …

Globe Supports DICT Bill Enactment

Globe Telecom, Inc. is pushing for the establishment of the Department of Information and Communications Technology in order to help improve the country’s internet. Globe General Counsel Froilan Castelo has …

Western Union Promoting TFC to Filipinos Overseas

ABS-CBN Corp and Western Union are forming a tie-up to help promote the group’s The Filipino Channel. The channel itself is targeted at overseas Filipino workers as their primary demographic. …