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Startup Tips

Financial Adviser: 5 Business Secrets from Phoenix Petroleum Founder

At 43 years old, Dennis Uy is one of the country's youngest billionaires

When the Oil Deregulation Law was implemented in 1998, there were only three major oil companies dominating the market. Dennis Uy, who was only 29 years old at that time, saw the opportunity to grab a piece of the market by opening ...

by Henry Ong  | March 21, 2017 11:00:00
Franchising

Phoenix says earnings up by nearly half

Phoenix Petroleum surpasses its 2009 revenues in the first nine months of 2010

Independent oil player Phoenix Petroleum Philippines, Inc. reported that its net income grew by nearly half in the January to September period of this year.The company told the Philippine Stock Exchange that its  earnings of P258.5 million, a 45-percent increase over last ...

November 15, 2010 01:00:00
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