Tag: food prices

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Slower November inflation bolsters case for BSP rate cut

Economy Context.ph Context.ph -
Inflation cooled to 1.5 percent in November, its slowest pace in three months, as rice and corn prices stayed down and cost pressures across several key consumer items eased, the Philippine Statistics Authority reported Friday. 

February inflation offers relief to lower-income households

Banking & Insurance Context.ph Context.ph -
Finance Secretary Ralph G. Recto hailed the significant drop in inflation to 2.1 percent in February, marking the lowest rate since October 2024. He said the reduction provides vital relief to lower-income families, particularly on food prices. The bottom 30 percent income group's inflation rate fell to 1.5 percent, further easing the financial strain on vulnerable sectors.

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D&L earnings climb 15% as food ingredients’ margins recover

Corporate 0
A strong recovery in food ingredients margins and a shift toward higher-margin specialty products lifted D&L Industries Inc.'s net income by 15 percent to P2.2 billion in the first nine months of 2026, helping the manufacturer weather higher financing costs, peso weakness, and geopolitical uncertainty.

DMCI Holdings profit jumps 28% on stronger unit earnings

Corporate 0
Record earnings from its power generation and nickel mining businesses, stronger real estate and construction contributions, and sharply reduced cement losses lifted DMCI Holdings Inc.'s net income by 28 percent to P15 billion in the first nine months of 2026.

Toyota promotes TMP’s Hashimoto to lead Asia operations

Mobility 0
Masando Hashimoto’s Philippine assignment is taking him to a bigger regional stage, with Toyota Motor Corp. naming the Toyota Motor Philippines Corp. (TMP) president chief executive officer of its Asia Region effective January 1, 2027.

Philippine agricultural trade deficit widens as exports slump

Agriculture 0
The Philippines’ agricultural trade deficit widened by nearly a quarter in September 2026 as a sharp decline in export earnings outweighed higher import spending, underscoring the country’s persistent dependence on foreign food and farm products.

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