December 22, 2014 LISTED food giant Universal Robina Corp. (URC) has started taking orders for ethanol fuel it produces from molasses from its sugar mills in Negros and that could be blended with gasoline. EASTERN Petroleum Corp. plans to spend P1.5 billion in the next three years for its maiden venture into real estate development, the company’s chief executive said. THE PHILIPPINE Stock Exchange (PSE) wants more small and medium enterprises (SME) to list on the local bourse, following the successful initial public offerings (IPO) of DoubleDragon Properties Corp. and Xurpas, Inc. this year. JOLLIBEE FOODS Corp., the country’s largest fast food chain, on Friday said it will pour an initial investment of $18 million to own and operate Dunkin’ Donuts stores in China, through a joint venture with Asian investment firm RRJ Capital. BLOOMBERRY Resorts Corp. yesterday said it would issue shares to its controlling shareholder, Prime Metroline Holdings, Inc. (PMHI), to replace the stocks it borrowed from the latter in October for the stock incentive plan (SIP) of its officers and employees. Philippine carriers want the Civil Aeronautics Board (CAB) to junk the request of Emirates Airlines to extend for a month its third daily flight between Manila and Dubai. This request is a direct insult to CAB and the Filipino people since it is in effect asking for authority to legitimize its sales practice that was shut down and for which it was fined P1.8 million by CAB last week precisely because it was illegal, Cebu Pacific and Philippine Airlines (PAL) said in a joint statement. Gokongwei-led Robinsons Retail Holdings Inc is expanding its retail portfolio next year. We are looking at other formats that will complement our existing formats, Robinsons Retail investors relations officer Gina Roa-Dipaling said last week.
Posted on: Sun, 21 Dec 2014 20:33:43 +0000
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