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Jollibee Group rallies suppliers to drive ambitious global growth

The Jollibee Group convened over 270 international and domestic suppliers for its 2025 Global Supplier Summit, reinforcing its commitment to long-term, value-driven partnerships as it pursues aggressive global expansion and sustainability goals.

Mining groups back amended mining legislation

Key industry associations have voiced strong support for the reconciled version of the mining fiscal reform bill recently finalized by the Bicameral Conference Committee, citing its balanced approach to taxation and investment incentives.

GEA 5 to deliver major offshore wind push

The Department of Energy (DOE) launched on Wednesday the fifth round of its Green Energy Auction (GEA 5), targeting the deployment of 3,300 megawatts (MW) of fixed-bottom offshore wind (OSW) capacity between 2028 and 2030.

Prime Infra commits to 2GW PSH completion under GEA3

Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.

Gov’t considers delaying biodiesel blend hike

The government is considering suspending the scheduled increase in coco methyl ester (CME) biodiesel blend from 3 percent to 4 percent by 1 October this year as scheduled, the Philippine Coconut Authority (PCA) revealed Wednesday.

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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.
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