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Petron reports 51 percent jump in 2023 earnings

The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Petron bags top taxpayer award from Navotas LGU

Oil giant Petron Corp. has been recognized by the city government of Navotas for its notable contributions as a taxpayer in 2023......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Batangas sugar refinery stops operations

Listed sugar and ethanol producer Roxas Holdings Inc. yesterday said it permanently ceased the operations of its wholly owned subsidiary Central Azucarera Don Pedro Inc. Sugar in Batangas to slash its losses......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

MOU on crude coconut oil export to Europe

The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Interview: ISU chief hails next generation stars rising at Gangwon 2024

GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»

Category: newsSource:  manilanewsRelated NewsJan 28th, 2024

Wilcon ramps up expansion to hit 100-store goal this year

Home improvement and construction supplies retailer Wilcon Depot Inc. is ramping up its expansion this year to hit its 100-store target......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

LPG price up; mixed adjustments for gasoline, diesel

Solane and Petron have increased their liquefied petroleum gas (LPG) prices by P0.27 per kilogram and P0.30 per kg VAT-inclusive, respectively. .....»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

LPG price: P3.30 more for every 11-kg tank

MANILA, Philippines — The price of cooking gas has gone up again and this is the third month in a row that this happened. An increase of P0.30 per kilogram in liquefied petroleum gas (LPG) prices effective Friday, March 1 was announced by Petron Corp. in an advisory. READ: Gasoline prices to be slashed by.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

SMC to start Bulacan airport development in 2025

Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Alfamart accelerates growth with more aggressive expansion

Alfamart, the minimart chain of the SM Group, is embarking on a more aggressive growth as it ramps up store expansion starting this year......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

ICTSI on expansion mode; raises capex to $450 million

International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

ICTSI remains on expansion mode even as risks abound

Ports tycoon Enrique Razon Jr. is keeping an eye out for expansion opportunities in four regions as the billionaire indicated he has no plans of standing idle even in the face of emerging risks......»»

Category: financeSource:  philstarRelated News19 hr. 14 min. ago

Lawmaker backs calls vs motorcycle taxi expansion

An official of the House of Representatives committee on Metro Manila development has joined calls against the expansion of the pilot testing of motorcycle taxis in the National Capital Region......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Japan firm starts P2.3 billion Subic expansion

Japanese company Sanyo Denki Philippines, Inc. has started its P2.3-billion expansion project at the Subic Techno Park......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Sanyo Denki opens P2.3-B expansion project in Subic

Sanyo Denki opens P2.3-B expansion project in Subic.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Stop motorcycle taxi expansion, Marcos urged

Various transport groups yesterday appealed to President Marcos to stop the expansion of motorcycle taxis in Metro Manila amid the impending decision of the Land Transportation Franchising and Regulatory Board o authorize several companies as players in the pilot study......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Envi group raises concern over Aboitiz coal expansion in Cebu

Envi group raises concern over Aboitiz coal expansion in Cebu.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

DBP lends P116 million for swine farm expansion

State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DALI gears up for expansion

The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024