‘Gawgaw budol-budol’ swindles P50M out of unwitting victims nationwide The Criminal Investigation and Detection Group (CIDG) in Bataan arrested in Metro Manila and Laguna on Wednesday two of seven suspected members of the “gawgaw budol-budol” gang who reportedly swindled about PHP50 million in cash from various victims around the...
‘Endo’ no more: Jollibee commissary ordered to regularize 830 workers, refund P1.2M med exam fees Jollibee Foods Corp. is not only promoting 'endo' in its restaurants, the country's number one fastfood chain is also applying the same contractual labor policies in its central commissary in...
Andrew Tan’s leisure unit grows profit to P1.5B Global-Estate Resorts Inc. (GERI) saw its its net income jump by 56 percent to P1.5 billion last year as it continued to develop tourism and leisure communities across the...
ABS-CBN on target to sell 6M TVplus boxes Broadcasting giant ABS-CBN Corp. said it is on track to meet its goal of selling six million TVplus boxes this...
Smart vows to deliver world-class internet service nationwide Smart Communications Inc. is ramping up the deployment of LTE-Advanced (LTE-A) and carrier aggregation technology to more areas this year to imrpove data coverage across the...
Anti-cartel body approves auto parts giant Joyson’s buyout of Takata assets in PH The Merger and Acquisition Office (MAO) of the Philippine Competition Commission (PCC) has approved the buyout of Takata Corporation’s assets by Ningbo Joyson Electronics...
PureFoods’ new ready-to-eat facility to come online by 2019 San Miguel Pure Foods Co. Inc. expects to complete its new manufacturing plant for ready-to-eat products in Santa Rosa, Laguna by the first quarter of next...
Gov’t raises number of TNVs to 66,750 The Land Transportation Franchising and Regulatory Board (LTFRB) has increased the number of transport network vehicle service (TNVs) units to 66,750 to serve the growing demand for ride sharing services in Metro Manila, Metro Cebu and Pampanga....
Trade chief, Hyundai execs face plunder, estafa complaint The Volunteers Against Crime and Corruption (VACC) has lodged before the Department of Justice a criminal complaint against Trade Secretary Ramon Lopez and officials of Hyundai Asia Resources Inc. and Hyundai Motor Co. due to the P1.1 billion in foregone revenue from tax breaks given to the Korean...
PDIC eyeing to sell P157M assets in Manila, Davao The state insurer will be holding three public buildings this February 2018....