Tag: Jollibee

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Jollibee global expansion boosts earnings, profits up 18%

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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’

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The influential Newsweek magazine has named four of Jollibee Foods Corp.’s brands as America’s favorite. 
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SEC approves San Miguel’s P30 billion preferred share offering

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The Securities and Exchange Commission (SEC) has given the green light to San Miguel Corporation’s follow-on offering of preferred shares, valued at up to P30 billion.

SEC lifts ban on new online lending platforms starting August 1 

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The Securities and Exchange Commission (SEC) will lift the moratorium on new online lending platforms on August 1, 2026, bringing an end to the restriction first imposed on November 5, 2021, after over four years. Alongside this, the SEC is implementing strict new standards safeguarding consumers and curbing unfair lending practices. The guidelines are outlined in Memorandum Circular No. 20, Series of 2026, and apply to all existing, newly registered, and prospective financing and lending companies that use mobile apps, websites, or other digital systems to extend credit to the public.

Pag-IBIG cuts housing loan rates, raises borrowing cap 

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The government is making homeownership more affordable after the...

DBCC cuts medium-term growth goals, keeps long-term targets

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The government has lowered its medium-term economic and fiscal targets, adopting a more cautious outlook as global uncertainty, persistent inflation, and climate risks weigh on the Philippine economy, while reaffirming its commitment to long-term growth and fiscal stability.

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