Zobel backs extended lockdown | Inquirer Business

Zobel backs extended lockdown | Inquirer Business

Jaime Augusto Zobel de Ayala Business tycoon Jaime Augusto Zobel de Ayala, chair and chief executive officer of the country’s oldest business house Ayala Corp., expressed full support to the government’s decision to extend the lockdown of Luzon till end-April. “We are...
Shakey’s PH nets P862M | Inquirer Business

Shakey’s PH nets P862M | Inquirer Business

Shakey’s president Vicente Gregorio Po family-led restaurant chain operator Shakey’s Pizza Asia Ventures Inc. grew its 2019 net profit by 2 percent to P862 million, driven by a double-digit growth in system-wide sales. The company’s bottomline growth was tempered by...
IMI suspends Mexico operations | Inquirer Business

IMI suspends Mexico operations | Inquirer Business

Ayala-led electronics manufacturing service provider Integrated Micro-Electronics Inc. (IMI) has suspended operations in Mexico in line with measures adopted by the government to curb the coronavirus disease (COVID-19) pandemic. Mexico—which contributes about 13...
P100M for PPE, front-liners | Inquirer Business

P100M for PPE, front-liners | Inquirer Business

The Zuellig Family Foundation (ZFF) has allocated P100 million to help the Philippine government respond to the coronavirus disease (COVID-19) pandemic. According to a ZFF statement, P40 million will be used to buy ventilators and personal protective equipment (PPE)...