Jollibee profits drop 14%
Jollibee Foods Corp. reported profits of P6.33 billion for 2019, a 14.4 percent drop from the P7.04 billion posted in 2018 mainly due to...
EXCEPTION FROM PEERS; Negative sentiments drag PH equities
A heightened regulatory and environmental risk is dragging the prospects of the Philippine equities market vis-a-vis its counterparts in the region, making it an...
Del Monte PH sale to yield $130M
Del Monte Pacific Ltd. said it is raising $130 million from the sale of a 13-percent stake in its Philippine operation, Del Monte Philippines...
DOF bullish of Q4 2019 growth
Finance Secretary Carlos Dominguez III said the government’s “catch-up spending plan” has enabled the country to recover from an early-2019 slump and would have...
Developer eyes P30B expansion
Century Properties Group Inc. intends to spend P30 billion for the next three years -- or about P10 billion a year -- for its...
Korean firm offers to buy softdrink bottler for P4B
A Korea-based company has offered to buy all the remaining shares of the local bottling company of an American softdrink brand.
Lotte Chilsung Beverage Co....
Conglomerate enters logistics business
One of the country’s conglomerates has entered the logistics business, bullish of the continued growth of the economy.
JG Summit Holdings Inc. has partnered with...
Property firm to raise P30B in bond offer
A property firm owned by the Villar family looks to raise P30 billion in a series of bond sales that will run for three...
PH retailing remains robust
Retailing in the Philippines remains upbeat despite regional challenges, according to Steven Tan, chief operating officer of SM Supermalls.
In a recent Nikkei Business Philippines-Japan...
Portion of Hacienda Luisita in P18B redevelopment
A portion of the estate known as Hacienda Luisita of Central Azucarera de Tarlac will undergo P18-billion redevelopment.
Ayala Land Inc. (ALI) will transform a...
