Tag: Top Line

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Top Line acquires 38 fuel stations, depot, tanker fleet for P925M 

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Top Line Business Development Corp. said on Tuesday it acquired 38 retail fuel stations, a 2-million-liter depot, and 15 fuel tanker trucks from Total Oil & Gas Resources Inc. and Ballston Metro Corp. 

Surge in fuel sales drive Top Line 1Q earnings

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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. 

Fuel sales drive Top Line earnings to record levels

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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 starts IPO, aims to raise P624.6M for expansion

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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.
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Marcos pushes EPIRA overhaul to lower electricity costs

Energy & Mining 0
President Ferdinand Marcos Jr. on Monday called for an immediate overhaul of the Electric Power Industry Reform Act (EPIRA), making lower electricity prices a centerpiece of his energy agenda while betting on natural gas, hydrogen and nuclear power to strengthen the country's long-term energy security.

Marcos says Philippines ‘will not yield’ on West Philippine Sea

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President Ferdinand Marcos Jr. delivered one of the strongest foreign policy messages of his administration on Monday, declaring that the Philippines "will not yield" in defending its sovereignty and reaffirming the country's commitment to the landmark 2016 Arbitral Award on the West Philippine Sea.

PCCI urges customs reforms to ease NAIA cargo bottlenecks 

Transport & Logistics 0
The Philippine Chamber of Commerce and Industry (PCCI) is pushing a series of customs reforms to unclog cargo operations at Ninoy Aquino International Airport (NAIA), warning that persistent delays threaten one of the country's biggest export engines—the semiconductor and electronics industry.

Marcos seeks tax cuts for workers, middle class, MSMEs

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President Ferdinand Marcos Jr. on Monday asked Congress to approve a sweeping package of tax relief measures for middle-income earners, workers and small businesses, signaling a shift toward policies aimed at boosting household spending and encouraging business expansion.

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