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MORE Power was founded in 2018 under the parent company of Prime Strategic Holdings, Inc. of Enrique K. Razon.On February 14, 2019, it was granted a 25-year power distribution franchise in Iloilo City signed by President Rodrigo Duterte, after Panay Electric Company (PECO)'s 97-year-long service franchise in the city expired earlier on January 18, 2019.
The first iteration of the LTFRB was established on November 17, 1902, through the passing of Act No. 520. [2] The commission is in charge of classifying vessels, merchandise, and passengers in with reference to transportation under the coastwise trade, and fixing the maximum rates to be imposed on the vessels and merchandise of different classes, and people that are being moved from one point ...
In 2018, RRHI acquired Mitsubishi's stakes in the Ministop Philippines franchise to increase its stakes to 59.1 percent from 51 percent. [ 6 ] In January 2022, AEON , the Japanese parent company behind Ministop, announced that it would pull out Ministop out of the Philippines and South Korea to focus developing the brand in its home market. [ 7 ]
Franchise. Fees. Initial Investment. Liquid Capital Requirement. Dunkin’ Franchise Fee: $40,000 to $90,000 Royalty Fee: 4% to 5% $121,400 to $1.6 million. $125,000 to $250,000. McDonald’s
McDonald's Philippines, known locally and colloquially and shortened as McDo [3] (), is the master franchise of the multinational fast food chain McDonald's in the Philippines. The master franchise is held by the Golden Arches Development Corporation , a subsidiary of Alliance Global Group .
The law grants SSMC a franchise to construct, install, operate, and maintain, for commmercial purposes, radio broadcasting stations and television stations, including digital television system, with the corresponding facilities such as relay stations, throughout the Philippines. [8] [9] On 26 January 2022, the National Telecommunications ...
Multinational chain of fried chicken fast food restaurants founded by Al Copeland. Closed its Philippine branches in 2007 due to a conflict with its local franchise holder, but later returned in 2019 to re-open seven stores. [16] [17] Peri-Peri Chicken: Casual dining: 2005: Kuya J Restaurant Casual dining: 2013 Kuya J Group Holdings Inc ...
The House Committee on Legislative Franchises votes 70-11 to deny the 25-year franchise application of ABS-CBN, citing several issues. [56] [57] July 11, 2020: Calida says "the end has come. Justice has been served." [58] August 25, 2020: The Supreme Court junks ABS-CBN's TRO petition against the NTC's closure order. [59] September 10, 2020