Wednesday, 13 August 2025, 4:25 pm

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    Four of 17 Jollibee food brands adjudged ‘America’s favorite’

    The influential Newsweek magazine has named four of Jollibee Foods Corp.’s brands as America’s favorite. 

    Philex seeks to acquire stake in gold-copper miner Macawiwili 

    Philex Mining Corp., one of the largest copper and gold producers in Southeast Asia, has taken the initial steps to acquire a stake in Macawiwili Gold Mining and Development Co. Inc., a gold and copper miner in Benguet.

    Credit card issuers welcome higher cap in finance charges

    The 17-member Credit Card Association of the Philippines (CCAP) believes the 100-basis point hike in the ceiling on interest rates or finance charges delivered by the central bank’s Monetary Board would boost competition.

    USDA projects greater use of sustainable aviation fuel

    The United States Department of Agriculture (USDA) is encouraging local businesses to make more use of sustainable aviation fuel (SAF). The SAF is an environmentally...

    Ad hoc chicken, turkey tariffs fuel industry debates no end

    The various agricultural stakeholders remain at odds over the government decision keeping low the tariff on mechanically deboned meat (MDM) of chicken and turkey at 5 percent till the end of 2024.

    Just in

    CLI 1H profit rises 13% on real estate, hotel gains

    Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.

    ADB OKs USD400M loan for Philippine food program

    The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.

    Better interest margin, trading gains lift Security Bank 1H profit

    Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.

    Ilijan Plant cleared by PEMC, undercuts ERC order’s basis

    San Miguel Global Power (SMGP) emphasized the regulatory primacy of the Philippine Electricity Market Corp. (PEMC) after its market surveillance committee (MSC) and board cleared the Ilijan Gas Power Plant of any violation over its June 2022 outage — directly challenging a recent show cause order issued by the Energy Regulatory Commission (ERC).
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