Asia Digest: Jollibee closes Smashburger deal; Singapore family fund backs LimFlow


Philippine fast-food giant Jollibee has completed its acquisition of additional 45 per cent stake in American burger chain Smashburger.

Philippines: Boxing icon Manny Pacquiao invests in car rental startup Graventure

Pacquiao’s latest investment comes barely a month after he invested in Singaporean blockchain startup Global Crypto Offering Exchange.

San Miguel seeks up to $3.6b in share sale at merged F&B unit

San Miguel Food and Beverage Inc., which combined three businesses of the group, is now worth $12 billion.

Grab Philippines says can keep Uber app running only until April 15

Grab has clarified that although the Uber app continues to operate, it has limited functionality and little or no support

Datamatics unit acquires Philippine BPO firm RJ Globus Solutions

Datamatics will acquire the remaining 25 per cent shares in 2019 and 2020 based on the financial performance of RJ Globus.

Philippine regulator orders pushback in Uber’s shutdown amid ongoing review

The Philippine business of Uber was supposed to shut down on April 8.

Philippines: Despite antitrust probe, Grab says Uber takeover to push through

Grab Philippines said the company will cooperate with the review conducted by the Competition Commission.

Philippine antitrust body starts Grab-Uber deal review while Malaysia okays merger

PCC said it has begun a review on the acquisition by Grab Holdings Inc of the assets of Uber.

PH Digest: AboitizPower in roof top solar venture; BPI prices $960m rights offer

AboitizPower has launched AboitizPower Distributed Energy (APX) that will focus on the rooftop solar sector.

Malaysia, Philippines put Grab on anti-competition watchlist post Uber deal

Malaysia’s Competition Commission would keep tabs on Grab, especially if the company imposed unfair practices or sudden fare increases.