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Lexus holds annual Asia Pacific golf event

2018-02-04 philstar
Friendship, camaraderie, and good-natured competition went underway as the 6th Asia Lexus Cup recently took place at the Montgomerie Links Vietnam golf course in Da Nang, Vietnam. A total of thirty-five golfers representing seven Asian countries including Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam and India participated in this year’s event, one of them being Lexus Manila Inc. president Raymond Rodriguez.

Uy completes purchase of PH FamilyMart

Davao-based businessman Dennis Uy has completed a 100-percent buyout of Philippine FamilyMart CVS Inc. (PFM), operator of the chain of 67 Family Mart convenience stores in the Philippines, from the Ayala and Tantoco groups and their Japanese partners. (5-0)

Dennis Uy’s Phoenix completes FamilyMart acquisition

2018-01-11 bworldonline
PHOENIX PETROLEUM Philippines, Inc. has finalized its purchase of FamilyMart convenience stores in the country, allowing Davao-based businessman Dennis A. Uy’s company to take over the retail chain previously owned by the Ayalas and Tantocos. (15-0)

Dennis Uy completes FamilyMart PH buyout

Davao-based businessman Dennis Uy has completed his 100-percent buyout of Philippine FamilyMart CVS Inc. (PFM), which operates a chain of 67 convenience stores in the Philippines, from the Ayala and Tantoco groups and their Japanese partners. (10-0)

YEARENDER : As competition tightens, oil firms detour into non-fuel business

2018-01-08 beta.philstar
MANILA, Philippines — For oil companies, competition no longer stays in the arena of getting a bigger share in the Philippine retail fuel market. (31-0)

PCC clears Phoenix acquisition of local FamilyMart store chain

2018-01-05 beta.philstar
MANILA, Philippines — The Philippine Competition Commission (PCC) has cleared the acquisition of Phoenix Petroleum Philippines Inc. of the local operations of Japanese convenience store chain FamilyMart. (10-0)

The Tantocos: Keeping united while diverse—and out to woo millennials

Rustan’s chair and CEO Zenaida Tantoco (center) with, from left, Rustan Coffee Corp. president Noey Tantoco Lopez, Royal Duty Free merchandising manager Camille Tantoco, Sta. Elena Properties vice president for sales and marketing Katrina Tantoco Lobregat, Rustan’s Flower Shop VP for merchandising Maricar Lopez Tiangco, SSI Group Inc. president Anton Huang, and Rustan’s marketing communications manager Dina Arroyo Tantoco —JOHN PAUL R.

SSI’s Anton Huang conferred Italian honor

The Italian government has conferred the “Cavaliere” of the Order to the Merit of the Italian Republic to SSI Group’s Anton T. Huang.

Ayala Land mulls options for health care business

2017-12-10 bworldonline
AYALA LAND, Inc. (ALI) is studying options on how to move forward with its hospital business, following reports it is selling its health care brand QualiMed. (10-0)

Retailers post higher profits in 9 months

2017-11-16 philstar
In separate disclosures, SSI Group, the country’s largest specialty store retailer, said net income rose 12 percent to P342 million while core recurring income, which excludes one-time write-offs related to the group’s store rationalization program, increased 13 percent to P444 million. (0-1)

Leave the cash at home and shop with your smartphone

Mynt president and CEO Anthony Thomas, Globe president and CEO Ernest Cu, Ant Financial CEO Eric Jing, Alibaba Group founder and executive chair Jack Ma, Ayala Corp. president and COO Fernando Zobel de Ayala, Ayala Land president and CEO Bobby Dy, Ant Financial senior vice president Douglas Feagin (14-0)

A sheer delight of an Arts Council evening

The Arts Council needed cash, and fast. “What to do?” asked president Petite Garcia with optimistic exasperation.

Dennis Uy acquires FamilyMart

2017-10-30 philstar
MANILA, Philippines — The local operations of Japanese convenience store chain FamilyMart will soon be under the helm of businessman Dennis Uy after his retail fuel business, Phoenix Petroleum Philippines Inc., decided to acquire the convenience store chain’s entire stake from its current owners. (15-0)

Dennis Uy buys FamilyMart PH

The Ayala and Tantoco groups have signed a deal to sell the Philippine convenience store chain business under FamilyMart to Phoenix Petroleum Philippines Inc., the petroleum distribution arm of Davao-based businessman Dennis Uy. (10-1)

SSI still bullish on retail

2017-10-22 bworldonline
SSI GROUP, Inc. remains bullish on the country’s retail sector amid rising concerns the booming e-commerce industry would dampen the growth of traditional brick-and-mortar stores. (6-0)