What’s the real reason behind the temporary closure of several Jollibee Foods Corp. (JFC) stores and the unavailability of chicken and other products in their menu?
Analysis of URC’s acquisition of New Zealand’s no. 1 snack company
On Monday last week, Universal Robina Corp. (URC) announced it is acquiring a New Zealand-based company as part of URC’s bid to become an international snack food player.
URC said it is spending NZ $700 million, roughly equivalent to P26.4 billion, in exchange for a 100% stake in the holding company of Griffin’s Foods Ltd., the number one snack food company in New Zealand.
Lemon Law of the Philippines now approved
Have you experienced buying a brand new car and, in just a matter of weeks or months, you’re back in the casa to complain about the defective unit you just purchased?
Did the car maker simply tried doing repairs over and over again, annoying you to the point that you demanded a refund or a replacement for the “lemon” car, but to no avail?
Largest Philippine companies, by Market Capitalization
Which publicly traded company is the largest in the Philippines in terms of market capitalization?
If you answered PLDT (TEL) — don’t be surprised, but you’re wrong.
PLDT is not the largest company in the country right now, well, at least not as of the end of June 2014. Before we reveal the answer to you, let’s first discuss: what is market capitalization?
Moody’s credit ratings by country (2014)
Earlier this week we posted the sovereign bond ratings of 130 countries, as assessed by credit rating agency Standard & Poor’s (S&P). We continue this time with the country ratings as rated by Moody’s, another credit rating firm.
What a credit ratings upgrade means for the Philippines
Imagine your parents paying P10,000 monthly amortization to a lender for a housing loan. Let’s assume that they have been paying religiously and on time during the entire duration of the loan. On the final year of payment, the lender decided to give them a bonus, reducing the amortization to P8,000 per month as a form of goodwill.
The extra cash can now be used by your parents to put more food on the table, to pay for housing repairs and maintenance, or even to increase your weekly allowance. Regardless of where it will be put to use, the savings from the loan reduction will surely benefit your family.
Standard & Poor’s (S&P) credit ratings by country (2014)
A credit rating is a measure of the credit worthiness of a government, a public entity, or a private corporation. The credit rating is also used as an assessment of the quality of debt instruments issued by any of these organizations.
Max’s acquires Pancake House, eyes backdoor listing?
The Max’s Group of Companies is now the owner of Pancake House Holdings Inc. (PCKH), a publicly listed company in the Philippine Stock Exchange, after Max’s paid PCKH owners close to P3.9 billion, in a transaction described by market analysts as Max’s prelude to backdoor listing.