Mega Sardines, the flagship product of Mega Prime Foods Inc. (MPFI) and the country's top-selling sardine brand, has been officially endorsed as a “superfood” by the US-based Medical Wellness Association (MWA), an historic first for both the country and the global sardine industry.
Payoneer Global Inc. reported robust financial results for the first quarter of 2025, underscoring its growing influence in the global small and medium business (SMB) fintech sector.
Top Line Business Development Corp., the Cebu-based oil distributor, reported a 38 percent year-on-year increase in net income, reaching P37.9 million in the first quarter, buoyed by robust fuel sales and strategic network expansion.
Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.
Foreign investment approvals plunged 82 percent in the first quarter to a total P27.99 billion compared to P155.26 billion in the same period last year, according to the Philippine Statistics Authority (PSA).
The Bureau of Immigration (BI) is intensifying the campaign against human trafficking, warning of increasingly deceptive schemes targeting outbound Filipino travelers. Commissioner Joel Anthony Viado said that 2025 will mark a year of modernization for the agency, including upgraded screening technology, streamlined processes, and strengthened legal frameworks to enhance border security and protect Filipinos.
The Department of Transportation (DOTr) has terminated its contract with the BFC-FDSC Consortium—comprising BF Corp. and Foresight Development and Surveying Co.—due to excessive delays in the construction of the Unified Grand Central Station, also known as the Common Station.
Flag carrier Philippine Airlines (PAL) had been rated the most punctual airline in Asia-Pacific for April 2025, according to London-based aviation analytics firm Cirium. The airline posted an on-time performance (OTP) of 86.07 percent, outperforming the regional average of only 81.01 percent and outpacing all North American carriers in the same period.
Alleged continued inaction by port authorities in Eastern Visayas have sent transport and trade and commerce authorities in Region 8 looking for solutions to the chaos created by the closure of the San Juanico Bridge to vehicular traffic exceeding three tons.