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Steady expansion drives Jollibee profit in 2023

Jollibee Foods Corp., one of the largest Asian food service companies, said Tuesday its net income in 2023 increased 16 percent year-on-year to P8.77 billion on strong sales and improve operating margins.

Sun Life Grepa aims to provide insurance for every Filipino family on its 70th year

The country’s life insurance industry is investing heavily on new technologies while nurturing partnerships to stay in the game.

Reinvested earnings, debt note investments push 2023 FDI 30% higher

Foreign direct investment (FDI) net inflows sustained its growth momentum in December 2023, increasing by 29.9 percent year-on-year to reach USD826 million from the USD636 million net inflows in December 2022.

Retailers implement a rollback of petroleum prices

Fuel retailers have cut the price of petroleum products this week after last week’s mixed adjustments.

Mining firm to spend P400M to test additional prospects

The multinational OceanaGold Corp. has budgeted USD7 million or P388 million prospecting for mine sites in the Philippines.

Just in

Meat imports surge, led by pork and chicken

Meat imports jumped 22.9 percent in the first two months this year, reaching 292.1 million kilograms, up from 237.7 million kg during the same period in 2025, the Bureau of Animal Industry (BAI) reported Tuesday.

Government budget deficit narrows in February as revenue surge

The National Government’s fiscal position improved in February, with the budget deficit slightly narrowing to P171.2 billion from P171.4 billion a year ago, as a sharp rise in revenues helped offset faster spending growth.

DA rolls out measures to shield farmers, fisherfolk from soaring food costs

The Department of Agriculture (DA) has rolled out measures to protect farmers, fisherfolk, and consumers from rising food costs caused by higher fuel prices, Agriculture Secretary Francisco Tiu Laurel Jr. said Tuesday.

SEC set to upgrade corporate filings with paperless amendments

In a major move to modernize corporate compliance, the Securities and Exchange Commission (SEC) is set to allow paperless filing of key corporate amendments through its eAMEND system. The draft rules, now open for public comment until April 15, aim to make the process faster, more convenient, and fully digital.
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