Corporate

TIME, Statista Name Three SM companies Among World’s Best Companies 

TIME Magazine and Statista have recognized SM Investments Corporation, SM Prime Holdings, and China Banking Corporation as among the World’s Best Companies for 2024. This accolade underscores the group’s focus and exceptional performance in employee satisfaction, revenue growth, and sustainability.

Jollibee expands Milksha® brand into US market; offers franchising deal

Jollibee Foods Corp., a leading Asian food service conglomerate, said it will aggressively expand its Milksha® brand into the US market, with an offer to prospective investors to franchise the brand.

“Beware of homonyms and moderate your greed”

The Securities and Exchange Commission on Thursday advised the public against dealing with spurious companies posing as legitimate organizations, such as the Philippine Investment Funds Association and CT Loan Cash Loan and Credit Co.

Converge declares cash dividends a year ahead of schedule

Converge ICT Solutions Inc. on Wednesday announced a cash dividend payment for shareholders, its first since its debut at the stock market and ahead of the target 2025 schedule.

Del Monte incurs wider first-quarter net loss

Campos-led Del Monte Pacific Ltd. on Wednesday reported a net loss of $34.2 million in the quarter ending July, wider than the year ago loss of USD13.1 million on higher interest expense and cost of production in U.S. subsidiary Del Monte Foods Inc.

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