Philippines

Fruitas completes $4m corporate notes placement

Proceeds will support working capital and general corporate needs.

Fruitas completes $4m corporate notes placement

Proceeds will support working capital and general corporate needs.

Ajinomoto Philippines switches to 100% renewables in manufacturing facility

It is achieved through the government’s Retail Competition and Open Access Programme.

Jollibee invests $28m in beverage firm Botrista

The investment aligns with its goal of tapping into the growing market for beverages globally.

Venturi Partners invests $25m in DALI Discount for Philippine expansion

It is Venturi Partners’ second Philippine investment after Pickup Coffee.

Art tops luxury investment index in 2023: Knight Frank

It is the only sector that posted double-digit growth with an 11% price increase.

Wilcon Depot's net income dips 9.5% YoY on rising expenses

This is despite a 3.1% growth due to sales from new stores.

Philippines' URC profit down 12% YoY to $230.1m in 2023

The company attributed the decline to higher comparables from a land sale. 

Jollibee Foods to raise up to $144m in additional preferred shares

JFC has over 6,885 stores worldwide with 18 brands in 33 countries.

Nitori to open its first store in the Philippines

It has also set to expand to Indonesia and India.

Philippine's 2GO holds business workshops for SMEs

The group created the 2GO Getters community to connect with small business owners.

Wildflour Hospitality Group secures equity investment from KV Asia

It currently has eight concept brands in 18 locations.

MR.DIY reaches 500-store milestone in the Philippines

The brand was first launched in the country with its inaugural store in Balagtas, Bulacan.

Jollibee Group sets up the largest solar panel installation

The installation in the Canlubang Baking Facility will consist of 6,300 solar panels.

Thailand's Jaspal Group expands to the Philippines

The first Jaspal store is in Mall of Asia, Metro Manila.