Top Line Business Development Corp., the Cebu-based oil distributor, reported a 38 percent year-on-year increase in net income, reaching P37.9 million in the first quarter, buoyed by robust fuel sales and strategic network expansion.
Top Line Business Development Corp. said Friday net income last year surged 49 percent to P115 million, underscoring the strong growth trajectory of the Cebu-based oil and fuel distributor.
Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.
The United Kingdom’s move to ease trade rules under its Developing Countries Trading Scheme (DCTS) is set to boost Philippine export competitiveness while strengthening the country’s push to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to British Ambassador Sarah Hulton.
President Ferdinand Marcos Jr. has approved a one-month extension for the filing of 2025 Annual Income Tax Returns (AITRs), moving the deadline from April 15 to May 15, 2026, in a bid to ease compliance and give taxpayers more preparation time.
In a first-time clash at the Porsche Tennis Grand Prix, a WTA 500 event, Canada’s Leylah Fernandez showcased experience and firepower to outplay Philippine rising star Alex Eala, 6-1, 6-4, in a match that doubled as a crash course on clay-court tennis.
The Maynilad Water Services Inc. is stepping up efforts to expand its “New Water” program to ensure a more reliable and climate-resilient water supply.