Golden Donuts Inc., the exclusive Philippine franchisee of international fastfood restaurant chain Dunkin? Donuts, denied it was evading taxes, saying it was prepared to defend its case in the proper forum.
Conglomerate Ayala Corp. is still weighing options including buying out the Mercado family’s stake in healthcare brand QualiMed.
Italpinas Development Corp. said its chairman Romolo Nati has sold two million of his shares in the company.
Italpinas Development Corp. is looking to spend about P2 billion next year for its real estate projects.
“It’s a done deal,” said bilyonaryo Ramon S. Ang when asked about his planned purchase of the Philippine Daily Inquirer.
Laguna-based chipmaker Cirtek Holdings Philippines is looking to list its newly-acquired US subsidiary Quintel on the world?s second largest stock exchange, Nasdaq or the New York Stock Exchange.
PLDT’s broadcasting unit TV5 Network Inc.expects to halve its operating loss this year thanks to lower production and operating expenses.
The business community is shocked to hear of his passing, with the incident adding to discussions on mental health awareness.
Business magnate Salvador Zamora II?s bid to make Philippine Telegraph and Telephone Corp. (PT&T) a major player in the telecommunications sector may be a long shot.
Petron Corp. is open to negotiations to settle its dispute with the Philippine National Oil Co. but if all else fails both parties may have to turn to arbitration.