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Private label grocery market seen generating sales of P52B in 2025

The private label grocery sector in the Philippines is projected to generate sales estimated at USD896 million, roughly P52 billion in local currency, this year, capturing 7 percent of total food and beverage (F&B) grocery sales.

Megawide to launch partial Cavite BRT operations by September

Megawide Construction Corp. announced plans to begin partial operations of the P1.87-billion Cavite Bus Rapid Transit (BRT) system by September this year, with construction set to begin in the second quarter.

CAB maintains fuel surcharges for February amid volatile fuel prices

The Civil Aeronautics Board (CAB) has confirmed that fuel surcharges on both domestic and international flights will remain unchanged for the fifth consecutive month in February 2025.

DOE boosts 16 offshore wind projects with 16,600 MW potential

The Department of Energy (DOE) is providing significant support to 16 pioneering offshore wind (OSW) projects, collectively set to generate a substantial 16,652 megawatts (MW) of electricity.

Wilcon Depot confident in retail sector rebound despite 2024 challenges

Wilcon Depot Inc., a leading home improvement and construction supplies retailer, remains optimistic about a retail sector rebound in 2025, despite navigating significant challenges in 2024, including rising commodity prices.

Just in

Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Business mood stays down in September, but firms see brighter quarters ahead

Business sentiment stayed pessimistic in September 2026, according to the latest Business Expectations Survey released by the Bangko Sentral ng Pilipinas, although confidence readings for the near‑term and year‑ahead outlook remained positive. The current‑month confidence index improved slightly to ‑8.4 percent from ‑10.9 percent in August, still signaling more firms were downbeat about present conditions.

EastWest posts ₱5‑billion nine‑month net income amid tougher macro backdrop

East West Banking Corporation (EastWest) turned in a ₱5.0‑billion net income for the first nine months of 2026, delivering solid profitability even as broader economic conditions grew more challenging, a performance that signals resilient core operations for investors and market watchers.

Medical center teams up with Singapore partners to boost geriatric care in Southern Luzon

The Mary Mediatrix Medical Center (MMMC) has forged a partnership with Inspire Healthcare Singapore and the Singapore Nurses Association (SNA) to advance its Geriatric Unit, as the hospital moves to address the rising healthcare demand from older adults across Southern Luzon.
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