Philippine Seven net income gets boost from expansion, improved customer traffic
Philippine Seven Corp., the listed company that holds the local franchise of convenience store chain 7-11, posted a 21 percent growth in first-quarter net income to P639.3 million, driven by the continued expansion of the store network and improving customer traffic.
Jollibee 1Q net profit rise 27% on robust sales, efficiency gains
Jollibee Foods Corp., one of the largest Asian food service companies, saw a 27 percent increase in first-quarter net income to P2.62 billion, pushed higher by robust sales and gains from operational efficiencies.
LT Group earnings lifted by bank, beverage businesses in 1Q
LT Group, Inc., the listed investment holding company of the Lucio Tan Group, eked out a slight gain in first-quarter net income to P6.42 billion this year from P6.38 billion in the year-earlier period, buoyed by earnings improvement in its banking and beverage businesses.
Treasury upsizes T-bill, awards P17 billion amid strong demand, lower rates
The Bureau of the Treasury accepted a total P17 billion of bids at the auction of treasury bills Monday, taking advantage of lower rates and strong demand from the market.
Retail fuel at the pumps cut some more this week
Retail fuel at the pumps are rolling back another time this week beginning Tuesday at past midnight.
