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Improved infra, eased regulations to boost trade, investments in ASEAN

MANILA — Member countries of Association of Southeast Asian Nations (ASEAN) need to improve physical infrastructures and streamline regulatory processes in …

Phoenix eyes 60 more stations

MANILA— Phoenix Petroleum Philippines Inc. foresees a rosy prospect for this year as it targets to put up 50 to 60 …

Jollibee hikes stake in Smashburger to 85% in USD100-M deal

MANILA— Homegrown fast food giant Jollibee Foods Corp. (JFC) on Tuesday announced a deal to pay USD100 million to acquire an …

Jollibee nets P7.1-B in 2017

MANILA— Homegrown fast-food giant Jollibee Foods Corp. (JFC) posted a 15-percent increase in profit in 2017 to PHP7.1 billion after opening …

Del Monte PH readies IPO

MANILA— Food and beverage conglomerate Del Monte Pacific Limited (DMPL) aims to list its wholly-owned Philippine subsidiary, Del Monte Philippines Inc. …

January inflation hits 4% due to 2017 typhoons; TRAIN effect minimal

MANILA— The country’s inflation rate accelerated to 4 percent in January 2018 from 3.3 percent the previous month, on the back …

Fisheries output down 1.04% in 2017

MANILA— Total fisheries production went down by 1.04 percent in 2017 compared to the previous year’s level, the Philippine Statistics …

Philab invests P500-M in collaboration deal with global genomics firm

MANILA— Philab Holdings Corp., a listed healthcare holding company backing genomics in the country, is investing PHP500 million (USD 10 million) …

PH biggest ‘greenergized’ hotel to rise in Boracay

MANILA — A joint venture between DoubleDragon Properties Corp. and Newcoast South Beach Inc. has launched its 1,001-room hotel project …

Metrobank nets P18.2-B in 2017

MANILA — Net income of Metropolitan Bank & Trust Company (Metrobank) rose 10-percent to PHP18.2 billion in 2017, Metrobank President …

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