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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 ...
The group in May 2018 announced its plan for a further shift to the franchising model within the next five years in a bid to boost the company's growth. At that time 69 of the Max's Group shares are owned by the company while the rest are largely owned by its franchise stores. [4] In November 2024, the Group's third-quarter net income dropped ...
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 .
This is a list of notable restaurant chains in the Philippines. A restaurant chain is a set of related restaurants with the same name in many different locations that are either under shared corporate ownership (e.g., McDonald's in the United States) or franchising agreements. Typically, the restaurants within a chain are built to a standard ...
The unemployment rate decreased from 5.2 to 0.9 percent from 1978 to 1983, while employment was a problem, the latter tripling, in the same time period, from 10.2 to 29.0 percent. Concurrently, the labor force of the Philippines grew at an average 10.47 percent in 1970–1983. [61]
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Between 1985 and 1989, Pepsi-Cola Distributors of the Philippines, Inc., a group identified with Filipino businessmen Ernest Escaler and Eduardo Cojuangco Jr., took over the Philippine franchise. Pepsi-Cola Products Philippines, Inc. (PCPPI) was established in 1989 as Premier Beverages by Luis Lorenzo, Sr. to acquire the bottling and ...
Philippines, Manila, 1899– U.S. soldiers and insurrecto prisoners. An outbreak of gunfire between an insurgent patrol and an American outpost on February 4 set off open hostilities between the two forces. [66] [67] On June 2, 1899, the First Philippine Republic issued a declaration of war on the United States. [68]