Monde Nissin to buy 15% stake in Figaro Coffee
By Justine Irish D. Tabile, ReporterMONDE Nissin Corp. is acquiring a 15% stake in Figaro Coffee Group, Inc. (FCG) for around P820.27 million in a move analysts see as helping expand the companies’ business reach.“We are excited with the opportunity
Manila Water earmarks P37B for water treatment projects
MANILA WATER Co., Inc. announced on Thursday a P37.3-billion investment in its wastewater master plan, which covers the construction of treatment facilities and a sewer network across the Marikina River, San Juan River, Pasig River, and Laguna Lake.“These wastewater projects
SEC warns against six investment-taking entities
THE Securities and Exchange Commission (SEC) in separate advisories warned the public against the investment-taking activities of six entities that are not registered as a corporation or a partnership.The commission identified them as PPG Investment Group, Livewell Multi-Ventures, BlackRock, Perfx
ABS-CBN eyes Malaysian audience
PHILIPPINE STAR/ BOY SANTOSLISTED media company ABS-CBN Corp. said it hopes to expand its audience reach in Malaysia through a partnership with a local digital radio platform.The media company announced the launch of MYX Radio, MORe, and TeleRadyo on Malaysia’s
Megawide unit bags 3 more PHirst Park Homes projects
LISTED infrastructure company Megawide Construction Corp.’s precast unit has bagged three new supply-and-build contracts with residential developer PHirst Park Homes, Inc. (PPHI), a company official announced on Thursday.The precast business unit will supply precast materials for housing projects in three
SC partially grants Chevron Holdings’ refund claim
PHILSTARThe Supreme Court (SC) has partially granted Chevron Holdings, Inc.’s tax refund claim to the modified amount of P1.14 million representing its excess input value-added tax (VAT) traced to zero-rated sales for the fiscal year 2006.In a 30-page decision dated
ERC says court denies hold order vs its ruling In Sept.
The Energy Regulatory Commission (ERC) on Thursday said the appellate court denied the issuance of a hold order sought by a unit of San Miguel Corp. that was meant to suspend the agency’s order issued in September last year.In a