DFNN Hike and Tree Nurturing Activity 2019

DFNN Hike and Tree Nurturing Activity 2019 DFNN, Inc., in coordination with the Balagbag Environmental Society, Inc. (B.E.S.I.) recently held its first day hike and tree nurturing activity in Mt. Balagbag last November 16, 2019. In line with DFNN’s ongoing sustainability program, the activity was led by the Sustainability Vanguards together with the Human Resources…

Safeguarding the integrity of contracts

The principles of due process and non-impairment of contractual obligations are enshrined in the Philippine Constitution, particularly under the Bill of Rights or Article III Section 10 of the country’s fundamental charter. According to a ruling of the Supreme Court, the purpose of this non-impairment clause is to safeguard the integrity of contracts against unwarranted…

DFNN Blood Donation Drive 2.0

DFNN, Inc., in partnership with the Philippine Red Cross, conducted a building-wide blood donation drive on November 6, 2019 organized by DFNN’s Human Resources and Administration Department (HRAD) and Sustainability Vanguards. Employees from DFNN, its subsidiaries and affiliates donated blood as well as those from HatchAsia, Inc., Pay8, Inc. and Asian Merger and Acquisition Links.…

Court upholds DFNN award ruling against PCSO

The Court of Appeals has again affirmed a claim by DFNN for damages from the Philippine Charity Sweepstake Office (PCSO) for unilaterally pulling out of an equipment lease agreement. In a ruling dated Sept. 27, but provided by DFNN on Thursday, the court said PCSO had failed to raise “new and substantial matters” to warrant…

DFNN expands offshore gaming business

Philippines-listed DFNN Inc. has incorporated a new entity to expand its offshore gaming operations, according to a filing from DFNN to the stock exchange on Wednesday. The company in question, Nico Bayan, will have an authorized capital stock of P15 million (US$293,437). Out of the subscription of DFNN, it will own 100 percent of the…