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MerryMart hikes 2030 sales target to P150 billion

MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia II is raising its sales revenue target for 2030 by 25 percent as it ramps up its expansion......»»

Category: financeSource: philstar philstarFeb 24th, 2024

Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

3M bagong botante target ng Comelec

Malapit nang makamit ng Commission on Elections (Comelec) ang target na tatlong milyong bagong botante para sa 2025 elections. The post 3M bagong botante target ng Comelec first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 29th, 2024

Villar pushes extension, higher budget for RCEF

Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Meralco sets aside P100 billion for sustainability program

Manila Electric Co. has set aside significant capital through 2030 for programs under its long-term sustainability strategy......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

President Marcos inaugurates JG Summit’s petrochem plant

President Marcos inaugurated yesterday the P150-billion expanded petrochemical facility of JG Summit Olefins Corp. (JGSOC) in Batangas City, a development that is seen to create thousands of local jobs......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

NFA hikes local palay procurement

State-run National Food Authority purchased over 2,000 metric tons of palay or unmilled rice in March, more than triple than what it bought in February, but remained below its procurement target......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Nomura hikes Philippines growth target for 2024

Nomura Global Markets Research has upgraded its economic growth forecast for the Philippines to six percent from 5.8 percent for this year after a better-than-expected expansion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

IMF hikes Philippines 2024 growth target

The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Petron earnings grow 16 percent to P3.9 billion in Q1

The net income of Petron Corp. went up by 16 percent to P3.93 billion in the first quarter from P3.4 billion in the same quarter last year on the back of higher sales volume......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

PAL hikes capital to P30 billion

Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

DMCI hikes capex to P59 billion this year

The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

AEV hikes capex to P153 billion

Aboitiz Equity Ventures Inc. is hiking its capital expenditures by 135 percent to P153 billion this year as it gears up for another phase of growth and innovation......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Axelum turns around in Q1 on higher sales

Higher sales helped Axelum Resources Corp. post a positive turnaround in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit

Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»

Category: newsSource:  sunstarRelated NewsMay 11th, 2024

Alveo reservation sales reach record high in Q1

Alveo Land, the brand for upscale properties of real estate developer Ayala Land, is off to a good start this year with record high reservation sales in the first quarte.....»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Lower March sales pull down Wilcon earnings in Q1

Lower sales due to the long Easter holidays falling in March this year pulled down earnings of home improvement and construction supplies retailer Wilcon Depot Inc. in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Meralco expects higher sales in Q2

Manila Electric Co. (Meralco) expects its sales to grow by six to eight percent from April to June, according to chief commercial officer Ferdinand Geluz......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Panaad 2024: Cadiz City sales drop by 46%

Panaad 2024: Cadiz City sales drop by 46%.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024