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Police: No truth to bomb threat at PI’s prayer rally
The Davao City Police Office (DCPO) has debunked a text message claiming a bomb threat at the People's Initiative (PI) “Unity for One Nation, One Prayer” rally in San Pedro Square. The message warned of possible explosions at Rizal Park, one of the rally venues. Despite the lack of credible threats, the police urged vigilance and cooperation from the public for safety. Approximately 300 police personnel were deployed to secure various rally points, with additional support from volunteers and security clusters. Task Force Davao also activated a high alert status as part of the city's security measures. Captain John Louie Dema-ala confirmed that the circulating threat was unfounded and aimed at intimidating rallyists. Despite this, nearly 17,000 Dabawenyos joined the rally to oppose the proposed Charter change (Cha-cha) movement. The police and security forces remain vigilant and are conducting ongoing investigations into the social media threat......»»
Philippine stocks rise after Wall Street gains
Philippine stocks rose yesterday, mirroring gains in the US market......»»
Jollibee buys 10% stake in Botrista for $28-M
Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»
Stocks extend losing streak
Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»
Stocks eke out gains, back at 6,900
The stock market eked out gains to move back up to the 6,900 level as investors continued to hunt for bargains......»»
Stocks rebound as Wall Street bounces back
Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»
Philippine stocks advance following Wall Street rally
Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»
Jollibee eyes P8 billion share sale this year
Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»
Jollibee eyes P8 billion share sale this year
Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»
Jollibee invests more in Titan Dining
Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»
Jollibee ramps up shift to renewable energy
The Jollibee Group is ramping up its sustainability efforts this year with plans to bolster further the shift of its stores and manufacturing facilities to renewable energy......»»
Jollibee beefs up alliance with Unilever
The Jollibee Group is beefing up its partnership with Unilever Food Solutions Philippines to serve the evolving needs of consumers in a sustainable manner......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Bretman Rock subtly calls out Benny Blanco s negative Jollibee review
Filipino-American content creator and model Bretman Rock subtly clapped back at American record producer Benny Blanco by posting a Jollibee-related video of his own, minus the negativity......»»
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%)......»»
Jollibee spending P23 billion for capex
Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»
Jollibee plans to sell up to P8-B in preferred shares
Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»
Benny Blanco makes new Filipino food review after Jollibee online backlash
After earning the ire of many Filipinos who had seen his initial negative review of Jollibee, American record producer Benny Blanco uploaded another food review video, this time giving a more favorable review of Filipino food. .....»»
Jollibee named world’s 2nd fastest-growing restaurant brand
Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»