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Rice tariff stays at 15% as DA cautions vs inflation risks

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) is holding off on any rice tariff increases, saying it is not the right time, particularly with the summer harvest nearly concluded. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that any move to adjust tariffs must be carefully timed and coordinated with other economic managers.

Manulife points to policy tailwinds for PH stocks

Banking & Insurance Context.ph Context.ph -
Manulife Investment Management is cautiously optimistic of the Philippine equities market, underpinned by stabilizing macroeconomic indicators and signs of a post-election economic rebound. The investment firm points to aligned first-quarter corporate earnings, falling inflation, and anticipated interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) as key market drivers.

AirAsia PH names new chief amid expansion push

Transport & Logistics Context.ph Context.ph -
AirAsia Aviation Group Limited (AAAGL) has named Captain Suresh Bangah as president and general manager of AirAsia Philippines, marking a pivotal leadership shift as the low-cost carrier prepares for a new phase of sustainable and profitable expansion.

Mixed Fuel Price Adjustments Set for Tuesday: Gasoline Up, Diesel and Kerosene Down

Energy & Mining Context.ph Context.ph -
The various fuel retailers are rolling out mixed price adjustments for petroleum products starting Tuesday, with a modest increase in gasoline prices offset by cuts for diesel and kerosene.

Common Station completion targeted for 2027

Transport & Logistics Context.ph Context.ph -
Transportation Secretary Vince Dizon announced Monday that the long-delayed Unified Grand Central Station—also known as the Common Station—is now slated for completion by 2027. The transport hub, in development since 2009, aims to interconnect LRT-1, MRT-3, MRT-7, and the upcoming Metro Manila Subway.
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Shell Pilipinas narrows Jan-Sep net loss to P929M on Q3 profit

Corporate 0
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.

El Niño agricultural damage hits nearly P10B, threatening food security and farm incomes

Agriculture 0
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.

Alliance Select posts $11.37M loss as revenues slide 

Corporate 0
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 nine-month net income drops 26% on weaker real estate sales

Corporate 0
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.
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