Tag: Jollibee Foods Corp.

Average yields on Treasury bills declined at Monday’s auction, as strong demand for short-term government debt reflected expectations of at least one more policy rate cut this year.

Philcement Corp., a subsidiary of listed PHINMA Corp. (PHN), confirmed it has received the investment of Sumitomo Osaka Cement Co. Ltd. for the Japanese company's acquisition of a 15 percent stake in the cement manufacturer through the issuance of primary shares.

Phile Mining Corp. said operations at its Padcal Mine were disrupted following a structural failure at the mill plant over the weekend, dealing a setback to daily production at one of the country’s longest-running mining operations.

Philippine Airlines (PAL) said Monday that it will receive eight Airbus A350-1000 aircraft through 2027 as part of its fleet expansion and efforts to support the country’s tourism industry.