Jollibee earnings stay buoyant despite challenges; 3Q net up 14%
Jollibee Foods Corp., one of the largest of Asian food service companies, on Monday reported a 14 percent growth in third-quarter net income to P2.43 billion on strong growth in both domestic and international businesses despite a volatile and challenging economic environment.
Cebu Pacific 3Q net income hits P1.3B, reversing loss
Cebu Air Inc., operator of Philippine budget carrier Cebu Pacific, said Monday it booked a net income of P1.3 billion in the third quarter, a sharp reversal from a net loss of P2.5 billion in the year-earlier period on strong recovery of the travel industry. It is also higher than pre-pandemic profits.
Mindanao thieves steal the most number of back up telco tower batteries
Globe Telecom Inc. on Monday reported a sharp rise in battery theft at its network facilities in the first six months this year.
Rafael D. Consing Jr. named MIC head
Malacanang has appointed former infrastructure and port executive and current presidential adviser Rafael D. Consing Jr. as president and chief executive of the Maharlika Investment Corp. (MIC).
Angkas bares income-boosting program for biker families
Angkas, the pioneering motorcycle ride-hailing service in the country, has rolled out initiatives aimed at augmenting their driver partners' supplemental income.
