President Ferdinand ''Bongbong'' Marcos Jr. has welcomed multinational firm Coca-Cola's plan to invest $1 billion in the next five years to increase its operations in the Philippines.
The Philippines failed to meet its target of exiting the FATF's “grey list” by January 2024, but the government welcomed the citation of local efforts to address the watchdog’s concerns.
Conglomerate Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) completed their acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI).
The GSIS reported a 70% increase in its net income for the past year amid a significant growth in its equity holdings and fixed income portfolio during the period.