Friday, 12 September 2025, 7:38 am

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    Pandemic a boon to pet food makers with 2023 sales seen pushing past the roof

    Pet food sales in the Philippines is estimated to grow 9 percent this year to $434 million, more or less P23 billion in local currency, from last year’s $397 million, according to the United States Department of Agriculture (USDA).

    Ref and aircon maker income slipped 5% in 2022

    Concepcion Industrial Corp. (CIC), lead refrigeration and air-conditioning enterprise in the country, doubled its earnings in the three months ended December 2022 to P60 million from the year before. 
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    Gov’t earmarks P151B for social protection programs

    The government has allotted more than P151 billion to sustain the major social protection service programs of the Department of Social Welfare and Development (DSWD).

    Citi remains bullish on Philippines, sees 6.2% GDP growth

    Citi, a leading global bank and the largest foreign bank in the country, retains a positive outlook on the Philippines amid a challenging year ahead for the global economy.

    UnionBank declares cash dividend worth P4.28B; record date Feb 15

    Union Bank of the Philippines said Wednesday its board approved a cash dividend of P2 a share, or a total P4.28 billion.

    Just in

    Home Credit builds P100 billion loan portfolio in 12 years

    The consumer financing firm Home Credit has built up a loan portfolio worth P100 billion in the 12 years since its founding as industry disruptor in 2013.

    FPIP named major economic driver in Batangas

    The Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators have been recognized as top contributors to local taxes and employment in 2024, underscoring their key role in driving economic growth in Santo Tomas City.

    DA again declares Camarines Sur as bird flu-free

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has declared Camarines Sur free from avian influenza, five months after the province’s last recorded case of the highly pathogenic H5N9 bird flu virus.

    DPWH suspends uniform policy amid agency probe to protect employees

    The Department of Public Works and Highways (DPWH) has temporarily suspended its uniform policy for all personnel, citing security concerns amid ongoing investigations into alleged irregularities in flood control projects.
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