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Makro reentering Philippine market, backed by Ayala

MANILA, Philippines — Grocery chain Makro is making a Philippine comeback with the help of the Ayala conglomerate, which has recently regained appetite for the retailing business. ACX Holdings Corp., a wholly-owned subsidiary of Ayala Corp., signed on Sept. 24 a partnership deal with Thai company, Makro ROH Company Limited (MROH) for the operation of Makro

general

Letran all set for NCAA Season 101 format

Only a few weeks remain before the opening of the NCAA Season 101 men’s basketball tournament, where the league moves on from the traditional format and implements a new one. Letran, however, isn’t taking the format lightly. Especially since it can bite the Knights in the back if they aren’t careful. Just ask Rain or

general

PAL A321ceo retrofit takes off

MANILA, Philippines – International flyers of Philippine Airlines (PAL) will soon experience a “standardized” in-flight experience, with upgraded interior complete with in-seat screens, as the flag carrier pursues the retrofitting of its Airbus A321ceo fleet. PAL’s first refurbished Airbus A321ceo aircraft will return to commercial operations on Wednesday, debuting the flag carrier’s “comprehensive” cabin upgrades

general

Philippines found most dishonest in region on money matters

MANILA, Philippines – Financial education gaps, economic stress and “face-saving” cultural norms have forced Filipinos to misrepresent their finances, making the Philippines the most dishonest country in Southeast Asia when it comes to money, according to a study. ROSHI, a Singapore-based fintech firm, said in its Financial Honesty Study: Southeast Asia report that the Philippines

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