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.
SM Investments Corporation, parent of the SM Group, along with its banking units BDO Unibank and China Bank, have been named to the Fortune Southeast Asia 500 list for the third year running.
Lufthansa Technik Philippines (LTP), a fully owned unit of MacroAsia Corp., plans to finish and launch its new base maintenance facility at Clark International Airport by 2028.
Globe recorded 216 theft incidents involving cables, batteries, generators, fuel, and other equipment across Laguna, Cavite, Oriental Mindoro, and Albay in just one year ended April this year. Laguna, the telecommunications company said, had the most cases at 67, followed by Cavite with 46; Albay saw a more than fourfold jump in incidents in 2026.
The arrival of Maersk's PH6 service at the Visayas Container Terminal (VCT) in Iloilo marks more than the addition of another shipping route. It signals the growing importance of Western Visayas in the country's evolving logistics landscape and strengthens Iloilo's role as a regional trade gateway.