Alfamart to Open 200 New Stores in the Philippines

Mar 1, 2019

Indonesian mini-mart chain company, Alfamart, is planning to open 200 new stores in the Philippines in 2019, according to a report by Fitch Ratings. Alfamart has partnered with Philippine conglomerate, SM Group, to aggressively expand its footprints in the...

First Gen Receives Notice to Proceed with LNG Terminal Project

Mar 1, 2019

FGEN LNG Corporation (FGEN LNG), a wholly-owned subsidiary of Philippine Energy company, First Gen Corporation (First Gen), has learned of the approval of its application for a Notice to Proceed (NTP) from the Department of Energy (DOE) as required by the Philippine...

Metrojet Begins Construction of FBO/MRO Complex in the Philippines

Mar 1, 2019

Hong Kong based business jet operator, Metrojet, commenced the construction of a 26,000 square meter aviation parking and maintenance facility in the Philippines. The USD 25 million facility is located in Clark, Pampanga and is expected to be operational by 2020. It...

New PHP 1 Billion Bread-Making Factory Opened in Mindanao

Mar 1, 2019

Gardenia Bakeries Philippines Inc. announced the inauguration of its new 2.5 hectare plant in Mindanao. The PHP 1 billion (USD 19 million) production facility is located in PHIVIDEC Industrial Estate in Misamis Oriental with the capacity of producing 130,000 loaves...