Meat imports rise 13.5% as local production struggles to meet demand
Meat imports into the Philippines climbed 13.5 percent in the first nine months of 2025, reaching 1.18 billion kilograms, up from 1.04 billion kilograms in the same period last year, according to data from the Bureau of Animal Industry (BAI).
Philippine Airlines adds more flights to Los Angeles
Philippine Airlines (PAL) will increase its nonstop Manila–Los Angeles service from 14 to 18 flights a week starting June 2026, responding to growing travel demand between the Philippines and the U.S. West Coast.
Cebu Landmasters profit boosted by steady property market in VisMin
Steady demand for housing and a diversified portfolio kept Cebu Landmasters Inc. (PSE: CLI) on a growth path, with net income in the first nine months of 2025 rising 6 percent to up P3.1 billion from up P2.9 billion last year.
Mreit income rises 29% in nine months on new asset infusions
Mreit, Inc., the real estate investment trust of property developer Megaworld Corp., reported a 29 percent jump in income to P935 million in the third quarter of 2025, up from P719.58 million a year earlier. The growth was driven by six newly acquired office properties, higher occupancy, and sustained rental escalations.
UN climate fund launches $250M support call for vulnerable countries
At the 30th UN Climate Change Conference (COP30) today, the Fund for Responding to Loss and Damage (FRLD) opened its first call for funding under the Barbados Implementation Modalities (BIM). The move marks the Fund’s shift from planning to action, allowing developing countries to access aid for climate-related losses.
