ACEN net income surges 411% to P3.9B in H1 2026
ACEN Corp. posted a 411 percent jump in consolidated net income to P3.9 billion in the first half of 2026, from P763 million a year earlier, the Ayala Group energy firm said Tuesday.
Special safeguard duty imposed to protect local producers from import surges
To shield domestic livestock producers from market disruption caused by foreign supply spikes, the Department of Agriculture has activated special safeguard duties on select imported meat products. Issued under Department Order No. 24, series of 2026, by Agriculture Secretary Francisco Tiu Laurel Jr., the directive establishes temporary protective tariffs after government monitoring confirmed that incoming import volumes crossed official safety thresholds.
Jollibee first-half net income drops 17% despite strong 2Q rebound
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.
PhilWeb returns to profitability in first half 2026
PhilWeb Corp. announced Tuesday it has returned to profitability in the first half of the year, posting net income of P60.96 million — a turnaround from the P41.76 million loss recorded in the same period last year.
Converge backs DTI push to accelerate MSME digitalization
Converge ICT Solutions Inc. is strengthening its push to help micro, small, and medium enterprises (MSMEs) adopt digital technologies as it partners with the Department of Trade and Industry (DTI) to expand access to connectivity, digital tools, and artificial intelligence.
