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SC affirms jail sentence for fake money seller

The Supreme Court (SC) upheld lower court rulings that sentenced a man to prison for illegal possession and use of fake banknotes. In a decision penned by Associate Justice Jhosep Y. Lopez, the SC’s Second Division denied the petition by Allan Gacasan that challenged the rulings of the Court of Appeals (CA) and the Regional Trial Court (RTC).

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.

Just in

DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.
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