Skechers USA Expands, Sets Up Subsidiary Office in the Philippines
American footwear and apparel brand, Skechers, ended its distributorship agreement with its local partner in a bid to establish its own presence and directly operate its business in the Philippines under a new entity called Skechers USA Philippines, Inc. The...
Ayala’s Energy Arm Invests USD 274 million More in Wind and Solar Projects in the Philippines
AC Energy Corporation, the energy firm of the Ayala Group, inked subscription agreements totaling PHP 14 billion (USD 274 million) in late December 2021 for its two subsidiaries to support the development of the latter’s renewable energy projects in Luzon. In...
Water Quality Improvement in Manila Bay in 2021, Rehab to Continue in 2022
The Philippines Department of Environment and Natural Resources (DENR) has reported significant gains in the water quality of Manila Bay in 2021 as it vows to carry on its rehabilitation work in 2022, in compliance with the continuing mandamus of the Supreme Court....