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Prior year one-off gain continues to weigh down Jollibee earnings despite sales growth

Jollibee Foods Corp., the largest Philippine quick service restaurant group, on Wednesday reported a 14 percent decline in first half net income to P4.39...

Double-digit drop in sales undermine D&L earnings; prospects brighter with new Batangas factory

D&L Industries Inc. reported Wednesday a 28 percent fall in first half net income to P1.24 billion on account of a double-digit drop in...

LTO wants more time to complete the pandemic-interrupted motor taxi evaluation program

The Department of Transportation's Technical Working Group (DOTr-TWG) is pushing for the extension of the pilot study on motorcycle taxis to address its complex...

Weak coal, nickel, construction businesses weigh down DMCI Holdings income

DMCI Holdings Inc., a listed diversified engineering conglomerate, said Wednesday its second quarter net income declined 9 percent year-on-year to P8.2 billion due to...

Property, retail, banking ventures drive SM Investments’ earnings

SM Investments Corp., the investment holding company of the Sy Group, said Wednesday net income in the first half surged 32 percent year-on-year to...

Just in

DTI warns vs hoarding, profiteering amid crisis

The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.

DA rolls out P65M interventions for Albay farmers, fisherfolk

The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.
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