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Avian flu contained in CamSur; poultry supply remains

The Bureau of Animal Industry (BAI) has assured consumers that poultry products, including chicken meat and eggs, remain safe to eat despite a confirmed case of Avian Influenza (AI) in Camarines Sur earlier this month.

SRA ups sugar output forecast for 2024-25 by 5 percent

The Sugar Regulatory Administration (SRA) has revised its forecast sugar output for crop year 2024-2025, reflecting a nearly 5 percent increase to 1.837 million metric tons (MT) from an earlier estimate of only 1.782 million MT, SRA administrator Pablo Luis Azcona said Monday.

DoubleDragon 1Q net income triples to ₱2.04B on property gains

DoubleDragon Corp. reported a more than threefold increase in first-quarter net income to ₱2.04 billion, up from ₱592.91 million a year earlier, primarily driven by unrealized gains from revaluation of properties.

Plastic bottles to pave roads under new DPWH guidelines

The Department of Public Works and Highways (DPWH) has approved the use of polyethylene terephthalate (PET) plastic bottle waste in national road construction, aiming to cut costs and reduce plastic pollution.

SMC SLEX Q1 net income jumps 21% to ₱1.16B on rising traffic

SMC SLEX Inc., the tollway arm of San Miguel Corp. operating the South Luzon Expressway (SLEX), reported a 21 percent increase in net income to ₱1.16 billion for the first quarter of 2025, driven by higher daily vehicle traffic and sustained electronic toll collection.

Just in

ABI Pascual Foods is NDA’s first private partner in school milk feeding program

The National Dairy Authority (NDA) has named ABI Pascual Foods Inc. as its first private sector partner for the Private Sector-Funded Milk Feeding Program.

Globe Telecom keeps full-year revenue growth target despite economic headwinds

Globe Telecom Inc. is maintaining its full-year revenue growth guidance at low- to mid-single digits for 2026, even as the broader economy faces ongoing challenges.

RCBC pre-provision profit rises 13%, signaling strong core performance amid economic headwinds

Rizal Commercial Banking Corp., led by the Yuchengco group, reported Wednesday that its pre-provision operating profit climbed 13 percent year-on-year to P23.6 billion in the first nine months ending September, driven by healthier interest margins and steady core banking business. This key measure of underlying profitability shows how well the bank’s main operations are performing before setting aside funds to cover potential bad loans—a critical indicator for shareholders tracking long-term earning power.

Spot market electricity prices rise 18.4% in October

Wholesale electricity prices across the Philippines climbed 18.4 percent in October from September levels, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
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