Displaying all posts for Business

Transport strike shuts Philippine financial markets

By Chrisee Dela Paz/rappler.com – There will be no clearing and settlement operations by the Bangko Sentral ng Pilipinas (BSP) and the Securities Clearing Corporation of the Philippines on Monday, October 16, following an order from Malacañang to suspend government work due to a two-day nationwide transport strike. The Philippine Read more »

Filipino Cult Favorite Jollibee Plans Global Expansion

The fast-food chain may be looking to acquire Pret A Manger By Monica Burton/eater.com – Filipino-style sweet spaghetti and fried chicken could one day be as ubiquitous as a McDonald’s burger and fries. Jollibee, often called the “McDonald’s of the Philippines,” is planning for global expansion, and as Read more »

PH eyes setting up bank in Bahrain

By Mayvelin U. Caraballo/manilatimes.net – TMTThe Department of Finance (DoF) on Wednesday said it is exploring the possibility of opening a subsidiary of the Land Bank of the Philippines (LandBank) in Bahrain for overseas Filipino workers (OFWs) and to facilitate trade and investment with Manama. In a statement, Finance Read more »

Henry Sy Tops Forbes Philippines Rich List for Nine Years in a Row

via forbes.com – Henry Sy, takes the top spot on the Forbes Philippines Rich List for nine years in a row, with a net worth of US$13.7 billion. The complete Forbes Philippines Rich List is available here as well as in the latest issues of Forbes Asia and Forbes Read more »

Tim Hortons plans Philippines expansion

via cbc.ca – People craving a jolt of caffeine in the Philippines may soon be able to order a double-double at their local Tim Hortons. Restaurant Brands International, the multinational owner and operator of Tim Hortons and Burger King, said Thursday that it has partnered with a group of investors Read more »

Facebook opens office in PH

via CNN Philippines – Facebook Vice President for Asia Pacific Dan Neary announced on Wednesday (April 20) that the social network has opened its first office in Manila, Philippines. The new Manila office aims to strengthen Facebook’s investment in the Philippines and commitment to help connect people with the Read more »

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