Business News Archives - Page 11 of 14

SMC’s 2023 net income soars 67% to ₱44.7 billion

Marked by a healthy operating income and EBITDA This was driven by significant volume growth across its key businesses, including San Miguel Brewery, Inc., Ginebra San Miguel, Inc., Petron, and SMC Infrastructure, together with the integration of Eagle Cement Corporation's financial results. San Miguel Corporation (SMC) reported strong full-year profits for 2023, with…

PRESIDENTIAL TRADE AND INVESTMENT MISSION AIMS TO DEEPEN US INVESTMENT IN PH

Strengthening Economic Ties The mission aims to boost US investment in the country by providing opportunities for U.S. and Philippine business leaders to forge connections, explore collaborations, and share insights. Top US companies and organizations visited the country during the first Presidential Trade and Investment Mission (PTIM) to the Philippines from March 11-12.…

Unleashed! 800,000 units of Geely Coolray Sold Globally

Geely Coolray: Reigning Supreme in the Subcompact SUV Market The Coolray is the subcompact SUV built on Geely’s new B-Segment Modular Architecture (BMA). It stands out for its sporty design and aggressive lines. The Geely Coolray, also known as Binyue in China, is one of the best products sold by Geely Auto. Since…

Kung Fu Panda x Jollibee Kiddie Meal

Get ready for an action-packed playtime with Po, Master Shifu, Zhen, and the rest of the Kung Fu Panda 4 gang as they team up with Jollibee for the newest Kids Meal collectibles. Starting March 4, Jollikids can get their own Kung Fu Panda 4 figures and relive the most exciting scenes from the movie,…

SMFB delivers record profit of P38.1 billion in 2023

2023 reflects team's dedication and drive for excellence Consolidated sales reached P379.8 billion, a 6% increase from the previous year, with all business units reporting growth in sales compared to 2022. San Miguel Food and Beverage Inc. (SMFB) ended 2023 with outstanding financial results, despite the challenges of an unpredictable macroeconomic landscape. Consolidated…

Panasonic Notice to the Public Regarding a Reported Scam

NOTICE TO THE PUBLIC Panasonic Philippines does not support or participate in any way in such type of marketing approach where individual customers may earn commissions through the reported scam activities. To our Dear Customers, We received reports that a recent scam has been circulating in a multiplatform messaging application, WhatsApp, and pretending…

Petron caps 2023 with P10.1 billion net income

51% higher than the P6.7 billion reported in 2022! The Group’s strong volume performance was driven by the significant growth in its Jet Fuel and LPG sales backed by higher production at its Bataan and Port Dickson refineries. Industry leader Petron Corporation had a robust end to 2023, posting a consolidated net income…

Starbucks Corporation Response to SOC Withdrawal

A Positive Response to SOC's Recent Announcement Starbucks has always been committed to doing the right thing – importantly, for our partners who are the heart of our business. We respect and value the input and support of all of our shareholders and partners. We appreciate the decision announced by SOC today. Our…

Sun Life Opens More New Business Offices to Reach More Clients

Country’s longest standing life insurance company Opening of Nine New Business Offices (NBO) to welcome clients, with five located within Metro Manila, two in Central Luzon, one in Visayas, and one in Mindanao to address the growing needs of Filipinos seeking out solutions to help them achieve a brighter and more financially secured…

Home Credit x SM Appliance Grand Pay Hulugan Promo

Home Credit Philippines (HCPH), one of the country’s leading consumer finance companies, is once again in partnership with SM Appliance Center bring you exciting deals on a diverse selection of home appliances and electronics through the Grand Pay Hulugan promo. Running from Feb 1 to Mar 31, 2024, this limited-time offer empowers you…