News

Antitrust body OKs key deal in Dennis Uy's bid to takeover 2GO

ABS-CBN News
Posted at May 07 07:31 PM

The Philippine Competition Commission on Monday said it has cleared a key deal in Davao-based businessman Dennis Uy's push to secure a majority stake in shipping company 2GO.  Read more »

Dennis Uy's Chelsea offers to develop Davao, Panglao airports

ABS-CBN News
Updated as of Mar 09 10:08 AM

Chelsea Logistics said Friday it submitted to the government an unsolicited P67 billion proposal to develop and manage the Davao and Panglao airports.  Read more »

Phoenix purchase of Family Mart gets regulatory approval

ABS-CBN News
Posted at Jan 04 06:48 PM

Phoenix Petroleum's purchase of convenience store chain FamilyMart has been approved, anti-trust regulators said Thursday.    Read more »

Dennis Uy's Chelsea Logistics acquires another cargo firm

ABS-CBN News
Posted at Nov 09 10:02 AM

Businessman Dennis Uy's Chelsea Logistics said Thursday it acquired cargo forwarder Worklink Services Inc to boost its business. Read more »

Why FamilyMart acquisition makes 'perfect sense' for Dennis Uy

ABS-CBN News
Posted at Oct 31 09:53 AM

Davao-based tycoon Dennis Uy's planned acquisition of convenience store chain FamilyMart makes "perfect sense" when combined with the 500-store network of his Phoenix Petroleum, a fund manager said Tuesday. Read more »

Chelsea Logistics to acquire Batangas' Starlite Ferries

ABS-CBN News
Posted at Sep 04 12:43 PM

Chelsea Logistics on Monday said it would acquire Batangas-based Starlite Ferries, as its chairman, Dennis Uy, expands his shipping and logistics businesses. Read more »

Dennis Uy's Chelsea Logistics rises in stock market debut

ABS-CBN News
Updated as of Aug 08 03:20 PM

Davao businessman Dennis Uy's Chelsea Logistics debuted on the stock exchange on Tuesday, in a bet on the growing logistics sector. Read more »

Davao businessman's Chelsea cleared to list shares

ABS-CBN News
Posted at Jul 19 07:23 PM

The Philippine Stock Exchange has approved the initial public offering of Chelsea Logistics Holdings Corp., a firm owned by Davao businessman Dennis Uy.  Read more »

Duterte graces Phoenix Petroleum’s anniversary

Mark Demayo, ABS-CBN News
Posted at Jul 11 09:21 PM

President Rodrigo Duterte rings the ceremonial bell during his first visit at the Philippine Stock Exchange in Makati, Tuesday. Duterte graced Phoenix Petroleum's 10th Listing Anniversary, whose owner Dennis Uy contributed to his 2016 presidential campaign. Read more »

Phoenix, nag-sorry dahil sa trapik na idinulot ng promo

ABS-CBN News
Posted at Jul 11 08:51 PM

Humingi ng paumanhin ang pamunuan ng Phoenix Petroleum dahil sa matinding trapiko na idinulot ng kanilang P10.00 kada litro ng gasolina na promo kanina.  Read more »

Phoenix Petroleum sets up P100-M fund for Marawi troops

ABS-CBN News
Posted at Jul 11 05:17 PM

Phoenix Petroleum is setting up a P100-million fund for soldiers battling Islamic State-inspired militants in Marawi City, its president, Dennis Uy, said Tuesday. Read more »

Philippines' new tycoon rises from Duterte's Davao

ABS-CBN News
Updated as of Jul 11 01:51 PM

One of the country's most prolific dealmakers since President Rodrigo Duterte assumed power last year is Davao businessman Dennis Uy, emboldened by the plans of the first head of state from Mindanao to grow the economy from the countryside. Read more »

Phoenix Petroleum secures board approval for LPG acquisitions

ABS-CBN News
Posted at Jul 06 09:43 AM

Phoenix Petroleum said Thursday its board of directors has approved two planned acquisitions that will boost its liquefied petroleum gas business. Read more »

IN PHOTOS: F1 Hotel serves gastronomic fusion in annual LuzViMinda buffet

Jeeves de Veyra
Posted at Jun 20 04:49 PM

F1 Hotel Manila is currently holding its annual LuzViMinda Filipino Buffet in celebration of Independence Day month and as with previous iterations, it has invited three well known chefs to cook up their unique vision of “gastronomic fusion” for Luzon, Visayas, and Mindanao food.  Read more »