Philippines: Alsons invests in new $72.7m hydro power firm


The 15.1-MW Siguil Hydro Power Corp will be controlled by ACR’s power arm Alsons Renewable Energy Corp.

Philippines: ASEAN startup challenge on disaster resilience, recovery launched

The goal is to help develop startups that promote awareness on the different crises faced by ASEAN countries.

Philippines: San Miguel suspends plans to list energy unit

The dispute arises from the IPPAs between San Miguel and PSALM, a government entity.

Fried chicken to crayfish wraps: Philippines’ Jollibee eyes deals to grow

Primary targets include the United States and China, where it already has joint ventures, including Dunkin’ Donuts .

Filipino retail billionaire gets a taste for e-commerce as Alibaba nears

Robinsons Retail Holdings Inc., one of three retail giants in the Philippines, has begun moving more of its $2.7 billion empire online.

Philippines: ICTSI gets Petron stake in Manila North Harbor for $34.3m

Petron’s shares represent 34.83 per cent of MHPI’s outstanding shares which were sold at P167.48 apiece.

Philippines: MRC Allied buys stake in solar power firm Sepalco for $5m

The listed property developer ventured into renewable energy business in 2015

Filipino fast food group Jollibee eyes bid for Britain’s sandwich chain Pret A Manger

A successful bid by Jollibee would mark the biggest overseas deals to date by the Filipino company.

Philippines: Cocoon Capital makes seed funding in ecommerce startup Poundit

Poundit is Cocoon’s first investment in the Philippines recognizing dramatic improvement in the local ecommerce industry.

Philippines: Prime Metroline sells stake in Bloomberry Resorts for $74.6m

Post transaction, Prime Metroline remains Bloomberry’s largest shareholder with 65.58 per cent.