Mindanao Daily Business (September 11, 2014)

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Mindanao Daily NEWS BUSINESS . ECONOMY . CORPORATE . BANKING Your Mindanao-wide Business Newspaper

Volume III, No. 092

Pepsi board OKs venture in nonbeverage project The Board of Directors of Pepsi-Cola Products Philippines, Inc. (PCPPI) has approved the company’s investment in snack food project. In a disclosure to the Philippine Stock Exchange (PSE) Wednesday, PCPPI said its Board of Directors held a special meeting in which they approved the company’s move in expanding to snack food from its business of manufacturing beverage products. PCPPI cited that its investment in snack food project will involve manufacturing, sale, and distribution in the local market. In a previous interview with PCPPI president Furqan Ahmed Syed during See pepsi, page B2

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Veterans Bank opens Valencia City branch Editor : Cheng Ordoñez

Thursday

See2014 story on Page B1 12 September 11,

By Allan M. Mediante, Editor In Chief, MDN

V

ALENCIA City - The Philippine Veterans Bank has opened one of its newest branches in Mindanao – the PVB Valencia City Branch. Business has commenced on September 2, 2014 in this city, according to PVB Vice President for Corporate Affairs, Miguel VillaReal, although its formal inauguration is slated in October, this year. Aside from being a commercial bank, the war veterans and pensioners are serviced by this bank. Pensioners in the province of Bukidnon are very grateful. They said they will not experience rigorous travel anymore if they need the services of PVB. The nearest

branch is Cagayan de Oro which now is a 3-hour travel from Malaybalay City due to road repairs. PVB Valencia Bukidnon is a big respite for oldaged pensioners who live in Bukidnon, says Branch Manager Lino Gacus. See veterans, page B2

Editorial: e-mail: mindanaodailynews@gmail.com • Advertising: e-mail: mindanaodaily.ads@gmail.com Contact: 0917-7121424, 0947-8935776


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