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 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.
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.
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.
Global Ferronickel Holdings, Inc. (FNI) said Joseph Sy has resigned as director, effective immediately, citing personal reasons and the “best interests” of the company.
Aboitiz Equity Ventures Inc. (AEV) and Global Infrastructure Partners (GIP), a unit of BlackRock, have sealed definitive agreements formalizing their strategic partnership in Aboitiz InfraCapital, Inc. (AIC), marking one of the largest recent foreign investments in Philippine infrastructure.