business economy hospitality tourism

Filinvest to merge hospitality units

MANILA, Philippines – Filinvest Development Corp. (FDC) will merge eight of its hospitality units into a single company to streamline its operations. This, amid expectations that domestic tourism will continue to improve and drive economic growth. The Gotianun-led conglomerate on Tuesday disclosed that its board of directors had approved the move. Filinvest Hospitality Corp. (FHC)

business economy Finance international legal

PSE lifts Globalinks suspension

MANILA, Philippines – The market regulation arm of Philippine Stock Exchange has lifted the involuntary suspension issued against Globalinks Securities and Stocks Inc. after three months, saying the stock brokerage house now had enough capital to continue operating. In a memorandum on Tuesday, Capital Markets Integrity Corp. (CMIC) said it had received documents from Globalinks showing