Scotch slowdown hits Emperador, brandy segment rebounds
Emperador Inc., the liquor unit of tycoon Andrew Tan’s Alliance Global Group, anticipates continued headwinds for its global Scotch whisky business in 2025, citing competitive markets in North America, China, and Europe. However, the company projects a market rebound by 2026, according to president and CEO Winston S. Co.
T-Bill yields ease as inflation continues to cool
Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
‘Doble Kayod’: Agri chief pushes for accelerated reforms
Agriculture Secretary Francisco Tiu Laurel Jr. on Monday rallied officials and staff of the Department of Agriculture to intensify their efforts and deliver swift, tangible results, following an effective endorsement from President Ferdinand Marcos Jr. of the programs and direction of the agency.
New alliance brings automated accounting to Security Bank clients
Security Bank has entered a strategic partnership with Juan Accounting Software, the country's only fully localized accounting and tax compliance platform, to provide enhanced financial tools to micro, small, and medium enterprises (MSMEs). The collaboration is designed to accelerate financial digitization among small businesses and boost operational efficiency.
PH faces trade headwinds as Japan’s economy contracts
Japan, the Philippines' third-largest trading partner, saw its economy contract by 0.2 percent year-on-year in the first quarter of 2025, according to revised government data released recently. While the updated figure marks an improvement from the earlier 0.7 percent decline estimate, it highlights a reversal from the 2.2 percent growth logged in 4Q 2024 and marks the first annual contraction in a year.
