By Tomas S. Noda III
The deal marks San Miguel’s sixth acquisition in the packaging industry in the Australia and New Zealand region.
Three Philippine startups bagged top awards at a startup competition in Taiwan, while the local science and technology department has partnered the Philippines’ first unicorn, Revolution Precrafted, to showcase R&D in the development of construction materials for prefabricated homes. 3 Philippine startups sweep STSP Taiwan tourney Three Philippine startups bagged top… Read more »
The conglomerate is combining its core food and beverage assets valued at $6.6 billion.
Investment and financial holdings firm Vantage Equities Inc is investing up to $4.8 million in the pre-incorporation of a new funding company, while private universal bank Chinabank has named William Whang as its new president. Vantage Equities putting $4.8m in new investment firm Vantage Equities Inc, an investment and financial… Read more »
PT MPTI will now hold a total of about 47.08 per cent of the total issued capital stock of PT Nusantara on a fully-diluted basis.
Big Australian banks are shedding capital-intensive assets amid stiffer bank capital rules.
Jollibee Foods Corp aims to focus on building its larger and fast-growing businesses in China and other parts of the world.
AsiaKredit seeks to spread out to other countries across Southeast Asia with plans to expand into Indonesia in 2018.
In the Philippines, FamilyMart has a network of 67 company-owned and franchisee convenience stores.
There are two equity investments in Japan – 10 per cent each in Solmax Power Limited and in an undisclosed local investor of a 25 MW biomass power plant project.