Company Overview and News

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PFA wants to double local brands going overseas in next two years

2018-07-18 bworldonline
THE PHILIPPINE Franchise Association (PFA) looks to double the number of Filipino brands overseas in the next two years, initially focusing on countries with large Filipino populations.
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Probe sought on PLDT, Jollibee’s alleged violation of workers’ rights

2018-07-18 newsinfo.inquirer.net
Progressive lawmakers from the House Makabayan bloc filed on Wednesday a resolution seeking an investigation into the alleged mass lay-off of thousands of Philippine Long Distance Telephone Co. (PLDT) workers nationwide and urged telecommunications company to regularize its workers.
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Expansion of ASEAN food corporations

2018-07-16 bworldonline
Many Philippine companies expand overseas to reach more consumers and increase revenues. Also, companies can utilize global markets to introduce unique products and services (https://www.bizjournals.com/).
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10 Philippine firms in Nikkei’s Asia300 list

2018-07-11 bworldonline
TEN Philippine companies made it to the Nikkei Asian Review’s third annual list of Asia300 Power Performers Ranking, which ranks the most powerful and valuable listed companies in Asia.
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PSEi closes up 0.65%

2018-07-10 business.inquirer.net
The benchmark Philippine Stock Exchange Index (PSEi) closed above the 7,200 level yesterday, lifted by bargain hunters.
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Most fall as fears of more U.S. tariffs keep investors on edge

2018-07-04 theedgemarkets
(July 4): Most Southeast Asian stock markets fell on Wednesday, tracking Asian peers on caution ahead of the Friday deadline for further U.S. tariffs on China, with Philippine shares snapping a three-session gaining streak on profit-taking.
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South-east Asia stocks mostly down on fears of more US tariffs

2018-07-04 malaymail
SINGAPORE, July 4 — Most South-east Asian stock markets fell today tracking Asian peers on caution ahead of the Friday deadline for further US tariffs on China, with Philippine shares snapping a three-session gaining streak on profit-taking.
SMIVY JBFCF SVTMF JFC JBFCY SM

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Jollibee ramping up global store expansion

2018-06-29 bworldonline
JOLLIBEE Foods Corp. (JFC) is putting up 500 stores globally this year while scouting for new acquisitions, in a bid to have an equal contribution in sales from the local and international segments by 2023.
JBFCF JFC JBFCY

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Index slides 1.53%

2018-06-28 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) slid anew yesterday amid mixed sentiments in the region and the decline in Wall Street overnight.
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Labor dep’t expects more workers to be given regular status soon

2018-06-28 bworldonline
THE Labor department said it expects more workers to be given regular status soon after it inspects companies it earlier warned about employment practices that amount to illegal contractualization.
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Bargain hunters splurge as PSEi breaks 7,000 mark

2018-06-22 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) continued its descent on Friday, briefly dropping below the 7,000 level before bargain hunters entered the fray.
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Stock price index up slightly in thin trade

2018-06-06 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) managed to close with a small gain on Wednesday, a day after inflation fears eased with the release of data for May.
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Contractualization issue worries market

2018-05-29 business.inquirer.net
The local stock barometer yesterday sagged for the third trading session as foreign funds continued to flow out of the local bourse while labor woes further dampened sentiment.
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PHL shares extend decline on inflation, weak peso

2018-05-29 bworldonline
SHARES fell anew as investors remained cautious against inflationary pressures and the weakening peso amid a lack of positive leads.
JBFCF PSKXF JFC JBFCY PHSXY PSE

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DOLE explains why some companies are not in list of labor-only contracting firms

2018-05-29 newsinfo.inquirer.net
After netizens pressed the Department of Labor and Employment (DOLE) to explain why certain companies were obviously missing in the list of top 20 labor-only contracting companies, the department said there is an explanation behind it.
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CUSIP: 479830101