By Ben O. de Vera
More companies are seen relocating to the Philippines as well as neighboring Indonesia and Malaysia to tap these countries’ young and educated talent base amid rising labor costs in China, according to global workforce solutions provider ManpowerGroup.
Perfect Food Manufacturing Sdn Bhd, manufacturer of Malaysia’s Julie’s biscuits, is bullish of a double-digit growth in the Philippines this year, buoyed largely by plans to further expand its distribution network in the country and introduce more products in the domestic market.
Deeply troubled Malaysia Airlines suspended trading in its shares Friday amid expectations of a corporate restructuring following the twin disasters of MH370 and MH17.
By Doris C. Dumlao
Jollibee Foods Corp., now a leading Asian restaurant chain, plans to enter Malaysia and Indonesia within the next two years and grow its Southeast Asian presence through the franchising mode.
By Miguel R. Camus
The Philippines has scheduled a series of air rights negotiations with South Africa, Malaysia and Hong Kong over the next two months while lining up discussions with three other jurisdictions, including Australia, as part of efforts to boost tourism and trade, a government official said on Monday.