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.
Manila Electric Company (Meralco) reminded the public to observe electrical safety as New Year celebrations draw near, warning that careless use of fireworks and overloaded electrical connections could lead to accidents and power interruptions.
Public Works Secretary Vince Dizon on Tuesday rejected what he called baseless and malicious claims by Rep. Leandro Leviste that he approved budget “insertions” or “allocable” funds for flood control projects.
The Department of Transportation (DOTr) said the construction of three new EDSA Busway stations will start in 2026 to improve the speed and accessibility of the bus system.
The Philippine Ports Authority (PPA) said Tuesday that traffic and cargo movement in Eastern Visayas have returned to normal following the easing of weight restrictions on the San Juanico Bridge.