
Cebu Shipping Firm Denies Involvement in P13 Billion Cigarette Smuggling
Cebu-based shipping firm Gothong Southern has denied involvement in the P13 billion cigarette smuggling case. The company stated it is not under investigation and emphasized its commitment to lawful trade. The National Bureau of Investigation (NBI) has filed charges against 13 individuals.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Philippines eyes $250-M World Bank loan to boost skilled worker employability
The Philippines' Department of Finance is seeking a $250 million loan from the World Bank to enhance the employability of skilled workers. The funds will support improvements in vocational training programs across key sectors like IT, manufacturing, construction, and agri-fisheries.
- Jollibee Foods Corp. posts 9.7% drop in 9-month net income to P8.14B
Jollibee Foods Corp. (JFC), the Philippines' largest fast-food chain, reported a 9.7 percent year-on-year decline in net income to P8.14 billion for the January-to-September period. Despite robust sales, higher costs and interest expenses impacted profitability.
- GCash Parent Mynt Posts 17% Profit Growth, Driving Fintech Market Expansion
GCash's parent company, Mynt Inc., reported a 17.4% surge in net income to P16.5 billion in the first nine months of 2026, marking a robust performance in its first earnings report since going public.
- OceanaGold Deploys Philippines' First Wireless Blasting System
OceanaGold Philippines Inc. (OGP) has introduced the country's first wireless blasting system at its Didipio mine in Nueva Vizcaya. This move aims to unlock further mineral resources while prioritizing worker safety, marking a significant technological advancement for the local subsidiary of OceanaGold Corporation.