MANILA, Philippines – Filinvest Development Corp. (FDC) will merge eight of its hospitality units into a single company to streamline its operations.
This move comes amid expectations that domestic tourism will continue to improve and drive economic growth.
The Gotianun-led conglomerate disclosed on Tuesday that its board of directors had approved the merger. The consolidated entity will operate under the name Filinvest Hospitality Corp. (FHC).
https://business.inquirer.net/552598/filinvest-to-merge-hospitality-units
