The Jollibee Group reported that four of its brands made it to the list of America’s Favorite Restaurant Chains for 2023. In a statement, Jollibee Foods Corporation said Newsweek, a premier news magazine and website, together with global data firm Statista, named Jollibee, Chowking, Smashburger,...
The local stock market overcame early weakness to end slightly higher while investors wait for market moving news. The main index added 13.06 points or 0.19 percent to close at 7,069.68 with sectoral indices evenly split. Volume was firm at 1.24 billion shares worth P8.35 billion as gainers edged...
Diversified engineering conglomerate DMCI Holdings and its energy subsidiary Semirara Mining and Power Corporation (SMPC) have been recognized for their corporate governance performance by the Institute of Corporate Directors (ICD). DMCI Holdings received the 2 Golden Arrow recognition while SMPC...
GMA Network and ABS-CBN Corporation, formerly stiff rivals in the broadcasting industry, have sealed a new historic partnership for the co-production of a groundbreaking television series. In a statement, the two multi-media giants said the romantic-drama series titled “Unbreak My Heart” will...
Philex Mining Corporation, one of the oldest and largest copper and gold producers in Southeast Asia, is looking at expanding its Padcal mine in Benguet by investing in Macawiwili Gold Mining and Development Co., Inc. In a disclosure to the Philippine Stock Exchange, Philex said it recently set...
Nickel Asia Corp. (NAC), the Philippines’ lone nickel mining company with processing plants in partnership with Sumitomo Metal Mining Co., Ltd., is weighing further opportunities in the electric vehicle industry as government is strongly pushing for the country’s participation in the...
After failing to stay above the 7,100 level, the local stock market is expected to start the Year of the Rabbit by consolidating and building its strength before trying to hop over its resistance level again if the anticipated fourth quarter economic growth report is favorable. “The local market...
Jollibee Foods Corporation has opened its first Jollibee restaurant in Orlando, Florida as it continues to expand overseas with the aim of having 500 stores in North America in five to seven years. In a statement, Jollibee said its Orlando branch is its first U.S. opening for the year and...
In photo (L-R): Lawrence Y. Ferrer – Bayad President and CEO, Dennis S. Gatuslao – Bayad Chief Commercial and Marketing Officer, Charles Benedict Mascenon – PitakaMo IT Solutions and Marketing Corporation VP for Operations, and Alexander Benedict Mascenon – PitakaMo IT Solutions and...
The local stock market continues to follow the lead of US bourses and ended the last trading day of the week just slightly in the red. The main index shed 5.39 points or 0.08 percent to close at 7,056.62 with sectoral indices evenly split. Volume was lower at 1.56 billion shares worth P6.86 billion...
SM Investment Corporation’s logistics unit 2GO Group announced that it is now the country’s first to have mixed temperature vans that will boost the safe and secure transport of perishable goods. In a statement, the pioneer in less than container load (LCL) reefers in the Philippines said the...
ABS-CBN Music, under ABS-CBN Film Productions, Inc. (AFPI), which has one of the largest music catalogues in the Philippines has signed a worldwide publishing agreement with Warner Chappell Music Philippines. In a statement, ABS-CBN Corporation said the deal grants Warner Chappell Music global...
