Coca-Cola weighs sugar tax hike amid pricing, demand concerns
Coca-Cola Europacific Aboitiz Philippines (CCEAP) is assessing the impact of a proposed sharp increase in excise taxes on sugar-sweetened beverages, as the industry braces for a measure that could reshape pricing, consumer demand, and product strategies across the beverage market.
BIR expands VAT-free medicines to lower healthcare costs
The Bureau of Internal Revenue (BIR) has expanded the list of value-added tax (VAT)-exempt medicines to 2,277 products, broadening tax relief for patients with chronic and life-threatening illnesses as the government seeks to make essential healthcare more affordable.
Boracay Water bolsters El Niño response to secure island’s water supply
Boracay Water has ramped up measures to keep water services steady across Boracay Island as El Niño brings prolonged dry conditions. The utility is boosting river monitoring, cutting water losses, and protecting watersheds to ensure reliable supply for residents, businesses, and tourism.
DNL net income climbs 8% in first half on strong 2Q recovery
D and L Industries Inc. reported an 8 percent rise in first-half 2026 net income, with a 10 percent jump in second-quarter earnings, and expects better results ahead. President and CEO Alvin D. Lao cited recovering consumer spending and stabilizing coconut oil prices as key drivers.
Metro Retail earns DTI recognition for 11 Cebu stores
Metro Retail Stores Group Inc. (MRSGI) has strengthened its consumer credentials after 11 of its Cebu stores received the 2025 Bagwis Award from the Department of Trade and Industry (DTI), reinforcing the retailer's focus on service quality, fair trade practices, and customer trust as competition in the retail sector intensifies.
