`business`

Vito’s BBQ Plans Expansion After 5-Star Eats Win

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Vito’s BBQ, a Filipino restaurant recognized at Grab’s inaugural 5-Star Eats Awards, is planning to expand its reach to more customers. The award ceremony took place in Makati City, and the recognition was based on millions of customer ratings. For Quezon City residents who enjoy affordable, quality Filipino barbecue, this expansion could bring Vito’s BBQ closer to their neighborhoods. It also highlights how local food MSMEs are being recognized and supported through customer-driven awards. Specific expansion locations and dates have not yet been announced, so interested diners should follow Vito’s BBQ’s official social media pages for updates. The 5-Star Eats Awards recognized restaurants across categories from microenterprises to medium-sized establishments.

Villar’s 6 Firms Suspended, P320B Frozen

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Six of seven publicly listed companies owned by tycoon Manuel Villar Jr. remain suspended from trading on the Philippine Stock Exchange due to overdue financial filings, affecting shares worth about P320 billion. The suspensions have lasted nearly three months, impacting thousands of investors including government pension funds SSS and GSIS. This matters to Quezon City residents because many local investors and pension fund members may be directly affected by the frozen shares, limiting their ability to trade or access funds. It also highlights broader governance and transparency issues in the Philippine stock market that could impact public confidence. The six suspended companies span real estate and retail sectors, and trading has been halted for nearly three months. Investors holding these shares cannot sell or buy until the companies submit their overdue financial statements and the PSE lifts the suspension.