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    Tag: Jollibee

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    Jollibee Worldwide plans U.S. dollar bond offering

    Jollibee Worldwide Pte. Ltd. (JWPL), a subsidiary of Jollibee Foods Corp., has appointed J.P. Morgan and Morgan Stanley as joint global coordinators and bookrunners for a potential U.S. dollar-denominated bond offering. 

    Jollibee global expansion boosts earnings, profits up 18%

    Jollibee Foods Corp. continued its steady expansion both locally and abroad, driving an 18 percent rise in net income to P10.32 billion last year. The growth keeps the company on track to meet its five-year goal of tripling net profit to P26 billion by 2028.

    Four of 17 Jollibee food brands adjudged ‘America’s favorite’

    The influential Newsweek magazine has named four of Jollibee Foods Corp.’s brands as America’s favorite. 

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    BOP seen shifting to deficit due to external pressures

    The country’s balance of payments (BOP)—which shows how much foreign currency the country earns and spends with the rest of the world—is expected to move from a small surplus in 2024 to deficits in 2025 and 2026.

    President Marcos’ trust rating down to -3 in November

    A late-November Social Weather Survey (SWS) commissioned by Stratbase Consultancy shows a sharp regional divide in public trust between President Ferdinand Marcos Jr. and Vice President Sara Duterte.

    China expo sales dip as durian tightens

    Philippine export sales at the 8th China International Import Expo (CIIE) cooled to USD269 million, reflecting softer headline numbers but steady underlying demand from Chinese buyers for Filipino food and agricultural products.

    Joseph Sy quits Global Ferronickel board amid citizeship issue

    Global Ferronickel Holdings, Inc. (FNI) said Joseph Sy has resigned as director, effective immediately, citing personal reasons and the “best interests” of the company.

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