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MANILA - Philippine Seven Corporation (PSC), the exclusive licensor of 7-Eleven stores in the country, is ramping up spending and opening more stores, bullish about continued growth as the government plans no another lockdown. "The President's (Ferdinand Marcos Jr.) announcement that no more lockdown gives the business certain(ty)," PSC president and chief executive officer Jose Victor Paterno said in a virtual press briefing on Thursday. Paterno said they are "very bullish" about the business as the coronavirus disease 2019 (Covid-19) lockdowns are over. Lawrence de Leon, PSC head of finance and investor relations, said the company is allotting up to PHP2 billion in capital expenditures this year to support the opening of up to 300 new stores. De Leon bared the company's investment plan for this year after its growth momentum slowed in terms of revenue generation and store expansion in 2020 and 2021 amid Covid-19 lockdown restrictions. "As mobility imp