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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Beverage group warns P20 tax could raise drink prices

A proposed P20 increase in the excise tax on sweetened beverages could push up drink prices and put further pressure on consumers and small retailers, the Beverage Industry Association of the Philippines (BIAP) warned.

Taiwan firms target PH energy, healthcare, farm gaps

Taiwanese companies are looking to expand in the Philippines by targeting gaps in energy, healthcare, agriculture, and digital infrastructure, with 125 firms showcasing technologies at Taiwan Expo 2026 in Manila.

ED Council approves key amendments to NSCR, MCIA PPP projects

The Economy and Development (ED) Council, which operates under the Department of Economy, Planning and Development (DEPDev) has given the green light to amendments covering the North-South Commuter Railway (NSCR) Operations and Maintenance (O&M) deal and the Mactan-Cebu International Airport (MCIA) public-private partnership (PPP) project, alongside adjustments to three major development programs and a review of class suspension rules.

Creative economy still has room to grow 

The Philippines is capturing only a fraction of the value of its creative economy despite the sector already accounting for about 7.6 percent of gross domestic product, according to Isla Lipana & Co./PwC Philippines.

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