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    Tag: Jollibee

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    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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    DA dismisses fertilizer fraud claims as “fake news”

    Agriculture Secretary Francisco Tiu Laurel Jr. has firmly rejected claims by the Samahang Industriya ng Agrikultura (Sinag) of alleged “ghost deliveries” in the Department of Agriculture’s fertilizer distribution program, labeling the accusations as “fake news” and lacking evidence.

    Meralco champions audit innovation at ASEAN Power Summit

    At the 2025 Heads of ASEAN Power Utilities/Authorities (HAPUA) Internal Audit Summit, the Manuel V. Pangilinan-led Manila Electric Company (Meralco) highlighted the growing strategic and commercial significance of internal audit in driving innovation and operational transformation in the power sector.

    BSP extends VASP licensing moratorium, issues advisory amid heightened crypto risks

    The Bangko Sentral ng Pilipinas (BSP) has extended its moratorium on the issuance of new licenses for virtual asset service providers (VASPs) indefinitely, while simultaneously warning the public against engaging with unregistered or unauthorized VASPs.

    Moody’s affirms PH credit strength, BSP welcomes positive outlook

    The Bangko Sentral ng Pilipinas (BSP) welcomed Moody’s recent positive assessment of the Philippines’ external sector, underscoring the country’s robust credit profile and economic resilience.

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