Jollibee Foods Corp. (JFC), one of the world’s fastest-growing restaurant companies, announced on Monday the divestment of its 30 percent stake in C-Joy Poultry Inc. for ₱33.88 million as part of the strategy to streamline its operations and improve capital efficiency.
Average rates on treasury bills declined at Monday’s auction as demand picked up, following signals from the Bangko Sentral ng Pilipinas (BSP) that interest rates may be cut further amid slowing inflation.
The Philippine Nickel Industry Association (PNIA) has expressed optimism over the upcoming leadership transition at the Department of Environment and Natural Resources (DENR), anticipating policy continuity and regulatory improvements under incoming Secretary Raphael Lotilla.
Lenovo™ has launched ThinkShield Solutions, a new suite of enterprise-grade cybersecurity offerings designed specifically for small and medium-sized businesses (SMBs), schools, and other organizations with limited IT resources. The release marks a significant expansion of Lenovo’s ThinkShield portfolio, targeting sectors increasingly victimized by cyberattacks.
The Securities and Exchange Commission (SEC) has taken decisive regulatory action against two online lending companies for violating key consumer protection and registration requirements, underscoring the agency’s heightened scrutiny of the fast-growing digital lending sector.
Shell Pilipinas Corporation narrowed its net loss to P929 million in the first nine months of 2026 from P2.7 billion at the end of the first half, as it returned to positive core earnings in the third quarter.
Damage to Philippine agriculture from the ongoing El Niño weather anomaly has climbed to P9.99 billion as of November 11, according to the Department of Agriculture (DA), rising more than 16 percent from the P8.57 billion reported just three weeks ago. This growing toll underscores serious risks to farm output, farmer livelihoods, and national food security at a time when authorities warn the dry spell could worsen into next year.
Tuna processor and exporter Alliance Select Foods International Inc. swung to a consolidated net loss of USD11.37 million in the first nine months of 2026 from a USD2.36-million profit a year earlier, as lower fish supplies, elevated raw material costs, and earthquake-related damage weighed on operations.
Empire East Land Inc. reported Wednesday that its net income for the first nine months of 2026 fell 26 percent to P452.89 million, down from P618.05 million in the same period a year earlier, dragged down by lower consolidated revenues.