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Soybean meal imports to rise on strong feed demand — USDA

The Philippines is expected to import 3.35 million metric tons (MT) of soybean meal (SBM) in marketing year (MY) 2025-2026, a 3.1 percent increase from the previous year’s 3.25 million MT, according to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) in Manila.

Regulators probe PAL flight diversion, demand passenger compensation

Transportation secretary Vince Dizon has ordered an investigation into the emergency diversion of Philippine Airlines (PAL) flight PR102 to Tokyo’s Haneda Airport, directing aviation regulators to hold the flag carrier accountable and ensure full compensation for affected passengers.

RFM Corp. reports double-digit profit growth

RFM Corp., the Concepcion family-led food and beverage conglomerate, reported a 12 percent rise in net income to P1.4 billion in 2024, up from P1.26 billion the previous year, on the back of steady revenue growth and strong performance in key product segments.

Undersecretary’s services terminated effective immediately

Malacañang on Thursday abruptly terminated the services of Jeffrey Ian G. Dy as undersecretary of the Department of Information and Communications Technology (DICT), in a move signaling a swift policy reset under the department’s new leadership.

Pru Life UK scales Islamic education program, advance takaful strategy

Pru Life UK is significantly expanding its Adopt-a-Madrasah initiative in Mindanao, strengthening its market position and commercial strategy as the country's first licensed takaful operator.

Just in

Eala’s HK Open final ends in heartbreak, but ranking soars

The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Fuel prices set for big drop this week 

Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.
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