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Alliance Select sales rise, margins feel global pressure

Alliance Select Foods International Inc. posted a third straight year of revenue growth in 2025, but profitability remained under strain as cost pressures and shifting market dynamics weighed on margins.

Fuel prices drop as companies announce rollbacks

Fuel companies implemented price rollbacks on Tuesday, driven by lower global crude oil prices following a two-week ceasefire between the United States and Iran.

Lender adds stock trading feature to app

GoTyme Bank has launched a new feature called PH Stocks, allowing users to trade shares directly within its mobile app.

Marcos cuts LPG, kerosene excise to ease costs

President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.

Balisacan sees growth slowdown, downplays recession risk

Economic Planning Secretary Arsenio Balisacan said the Philippine economy is unlikely to slip into contraction this year despite mounting pressures from a fuel crisis, although growth is expected to fall short of earlier government targets.

Just in

DA backs calamity declaration to mobilize El Niño response 

Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.

Prime Midstream sees sustained gas demand as power needs rise

Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.

Japanese diplomat reaffirms bilateral ties at 82nd Leyte Gulf landings commemoration

Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.

San Miguel earns USDA recognition for $370 million in imports

San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.
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