Posted inBusiness, Tech News

Fruitas acquires foodpanda PH’s cloud kitchen equipment

Fruitas Holdings Inc. revealed the acquisition of kitchen equipment previously owned by food and delivery service provider foodpanda. The acquisition was made by Fruitas’ subsidiary, Fly Kitchen. In a Philippine Stock Exchange (PSE) disclosure filed on Tuesday, the company described the equipment as “top-notch cloud kitchen equipment” and expressed its readiness to expand its operations […]

Posted inGovernment

Philippines climbs Global Innovation Index rankings, now 56th most innovative economy

The Philippines sees improvement in the Global Innovation Index rankings as it rises to 56th place this year from 59th place in 2022, according to the World Intellectual Property Organization (WIPO) report on Wednesday. The ranking involves 132 economies from across the globe. The country, however, saw a better ranking in 2021 when it was […]