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PRCI, Sta. Lucia team up for Cebu property project

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sta.lucia

Horse-racing operator Philippine Racing Club Inc. has teamed up with property developer Sta. Lucia Inc. on a 53.7-hectare residential subdivision project in Cebu.

Posted: April 3rd, 2014 in Headlines | Read More »

URC, Calbee sign joint venture to set up snacks factory in Pasig City

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Screengrab from http://www2.urc.com.ph/

Gokongwei-led Universal Robina Corp. has teamed up with Japan’s largest snack food company Calbee Inc. to establish a local manufacturing joint venture which is expected to grow into a P2-billion company in terms of annual net sales by 2020.

Posted: March 31st, 2014 in Latest Business Stories | Read More »

Concepcion buys into Otis

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The Concepcion group is breaking into the elevator and escalator business with the acquisition of a majority stake in Otis E&M Co. Philippines, coming in as joint venture partner of American multinational conglomerate United Technologies Corp. (UTC).

Posted: March 21st, 2014 in Headlines | Read More »

Jollibee putting up shop in UAE

FILE PHOTO

Homegrown fast-food chain Jollibee Food Corp. (JFC) is expanding its footprint in the Middle East with a new joint-venture deal that will bring flagship brand Jollibee to oil-rich United Arab Emirates.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

URC eyes venture with Japan’s largest snack food company

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Screengrab from http://www2.urc.com.ph/

Gokongwei-led Universal Robina Corp. is in talks to set up a local manufacturing joint venture with Japan’s largest snack food company Calbee Inc.

Posted: February 3rd, 2014 in Latest Business Stories | Read More »

Taiwan firm in JV for electric vehicles

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Teco Electric and Machinery Co. Ltd., one of Taiwan’s biggest conglomerates and the leading industrial motor manufacturer globally, is poised to expand its existing manufacturing facility in Subic Bay, Zambales, to produce and sell electric vehicles and components to the local market.

Posted: November 4th, 2013 in Headlines | Read More »

ALI transfers stake in Mactan project to affiliate

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Property giant Ayala Land Inc. has agreed to transfer its 55-percent interest in a Cebu-based joint venture with the Gaisano family to an affiliate based in the province.

Posted: September 18th, 2013 in Headlines | Read More »

SL Agritech, Brunei firm forge farming deal

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SL AGRITECH Corp. and a Brunei firm have signed an agreement to jointly develop 2,000 hectares of rice plantations, in a bid to help uplift the lives of more Filipinos.

Posted: August 23rd, 2013 in Headlines | Read More »

Ayala unit in JV for Lanao del Norte power project

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A wholly owned subsidiary of Ayala Corp. is embarking on a joint venture to build and operate a thermal power plant in Lanao del Norte.

Posted: August 1st, 2013 in Headlines | Read More »

Ayala, Puregold to set up new supermarket chain

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Ayala Land president and CEO Antonino Aquino. FILE PHOTO

Ayala Land Inc. has entered into a joint venture with Puregold Price Club Inc. to develop and operate a new brand of mid-market supermarket chain that will complement Ayala’s new integrated and mixed-use developments.

Posted: July 9th, 2013 in Latest Business Stories | Read More »

Phinma-Ayala joint venture to secure P7-B loan

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Trans-Asia Oil and Energy Development Corp. of the Phinma group on Tuesday reported that its joint venture company with AC Energy Holdings Inc. is set to secure a P7-billion loan from a group of local banks to fund the expansion of a 135-megawatt (MW) coal power plant in Batangas province.

Posted: July 3rd, 2013 in Headlines | Read More »

PH, Malaysia JV close to unlocking Indon resources

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Grandway Group Ltd., the joint venture company of listed Basic Energy Corp. and Petrosolve Sdn Bhd of Malaysia, recently secured another regulatory approval, firming up its investment in Indonesia.

Posted: June 18th, 2013 in Headlines | Read More »

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