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Jollibee soars after stock exchange lifts foreign ownership limit

Shares of Jollibee Foods Corp. surged Thursday, pushing towards its 52-week high after the Philippine Stock Exchange (PSE) approved listed food group's request to amend its foreign ownership limit by removing the 40 percent cap and replacing it with “no limit.” 

Sta. Lucia to invest P3-5B in expansion and land banking

Sta. Lucia Land Inc. has committed P3 billion to P5 billion in capital expenditures for 2025, focusing on property development and land acquisitions across key regions including Laguna, Batangas, Bulacan, Davao, and South Cotabato.

Transportation Secretary Jaime J. Bautista resigns, cites health reasons

Transportation Secretary Jaime J. Bautista announced his resignation on Thursday, citing health concerns after more than two years of service under the Marcos administration. His resignation, effective at the end of office hours on February 21, 2025, marks the conclusion of a tenure where he described his role as both challenging and enriching.

Palay prices fall in January as global prices ease

Palay prices saw a sharp decline in January as global rice prices continued to ease, driven by increased supply and an expected boost in harvests this year due to improved weather conditions.

STI breaks ground on state-of-the-art Alabang Campus

STI Education Services Group, Inc. (STI ESG) on Tuesday, February 11, broke ground on the new STI Academic Center Alabang, another step in its expansion program.

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BCDA courts $50-M European aviation investment, US aerospace plant in Clark

The Bases Conversion and Development Authority (BCDA) is pursuing at least USD50 million in initial investment from a European aircraft maintenance company, alongside a separate US aerospace manufacturing proposal, as it seeks to expand Clark’s role in the aviation industry.

DA acts on FMR data error; launches review and reforms 

The Department of Agriculture (DA) is tightening checks on project details and rolling out system-wide improvements after discrepancies were found in coordinates submitted for farm-to-market road (FMR) projects.

Maynilad-K-Water’s P14.8-B New Clark City project goes uncontested, nears award

A P14.8-billion water supply and wastewater project proposed by Maynilad Water Services Inc. and South Korea’s K-Water for New Clark City has cleared a key hurdle after attracting no competing bid, putting the consortium closer to securing the contract.

BPI Foundation brings financial literacy, digital learning to more public schools

BPI Foundation, the social development arm of the Bank of the Philippine Islands, is broadening its nationwide push to boost financial literacy and digital learning, reaching thousands of students and teachers in underserved communities.
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