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Century Pacific Food posts 15% revenue growth in first half 2026

Century Pacific Food, Inc. (PSE:CNPF), one of the Philippines’ leading food companies, has reported unaudited financial results for the first six months of 2026, sustaining growth despite challenging market conditions.

Growth slows to 2.3% in second quarter, marking weakest pace in 17 years

The economy recorded a 2.3 percent expansion in the second quarter this year, according to data released by the Philippine Statistics Authority (PSA). The performance fell short of market expectations, slowing from the 2.8 percent growth recorded in the first quarter of the year. Excluding the severe disruptions caused by the COVID-19 pandemic, this represents the softest quarterly growth since the fourth quarter of 2009.

Sun Life keeps quarterly dividend unchanged

Canada-based insurance firm Sun Life Financial Inc. declared an unchanged quarterly dividend of CAD0.96 per common share, payable on Sept. 29 to shareholders of record as of Aug. 26.

DMCI profit jumps as mining, power offset Maynilad drag

DMCI Holdings Inc. posted stronger second-quarter earnings as record contributions from its nickel mining business and resilient results from its power, real estate and construction units more than offset a weaker contribution from Maynilad Water Services following the utility's initial public offering.

Marcos grants PEZA status to Aboitiz Batangas IT hub

President Ferdinand R. Marcos Jr. has declared the Aboitiz Group's Biz Hub at Lima Estate in Lipa City, Batangas as a special economic zone, paving the way for the mixed-use development to attract more information technology and business process management (IT-BPM) investments outside Metro Manila.

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PH-Malaysia tobacco link exposes ASEAN enforcement gaps

The growing illicit tobacco corridor between the Philippines and Malaysia is highlighting enforcement gaps across Southeast Asia, as criminal networks increasingly exploit differences between national tax, customs, and regulatory systems.

NTC widens mobile service crackdown nationwide

The National Telecommunications Commission (NTC) is expanding its crackdown on poor mobile broadband service nationwide, putting greater pressure on network operators to address coverage and performance gaps as the regulator prepares additional show-cause orders and daily penalties.

Poro Point locks in fuel firms, boosts Northern Luzon logistics

Poro Point is reinforcing its role as a strategic fuel logistics hub for Northern Luzon after Chevron, Shell and Petron renewed their leases at the San Fernando International Seaport in La Union.

Philippines puts World Bank fiscal reforms to test

The Philippine government is moving to translate the World Bank’s Public Finance Review into concrete fiscal reforms, with economic officials stressing that better tax collection and spending will matter only if recommendations result in measurable improvements for citizens.
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