The Development Budget Coordination Committee (DBCC) said suspending excise taxes on diesel and gasoline would likely deliver only modest and short-lived relief at the pump, as global oil prices remain driven by external forces, including ongoing tensions in the Middle East.
Jollibee Foods Corp. is seeing a turnaround in its US-based brand Smashburger, with improving sales trends signaling that a refreshed value strategy and tighter execution are gaining traction in a crowded fast-casual market.
Average farmgate prices of dry palay across the Philippines climbed to P23.91 per kilo, up 28 percent from a year earlier, according to data from the Philippine Statistics Authority, signaling firmer earnings for farmers amid shifting supply conditions.
Alliance Select Foods International Inc. posted a third straight year of revenue growth in 2025, but profitability remained under strain as cost pressures and shifting market dynamics weighed on margins.