Shares of General Mills tumbled 7 percent Tuesday after the Cheerios maker slashed its full-year sales and profit outlook, blaming stubborn inflation and a “challenging” consumer backdrop for squeezing volumes.
Food prices are beginning to stir, hinting at fresh inflationary pressure, according to the latest price situationer released by the Philippine Statistics Authority (PSA).
Inflation in the Philippines has a familiar villain. Every few years, prices surge, household budgets snap, and policymakers reach for the same lever that raises interest rates. But new research suggests they may be shadowboxing the wrong enemy.
Headline inflation accelerated to 1.8 percent in December 2025, its fastest pace since March last year, as higher food prices and quicker increases in clothing and footwear pushed overall prices up, government data showed. The latest figure marked a rebound from November’s slower pace but remained well below December 2024’s 2.9 percent, highlighting easing price pressures over the year.
President Ferdinand Marcos Jr. highlighted at the close of the 48th Association of Southeast Asian Nations Summit on Friday in Cebu the bloc’s new focus on energy security, food resilience, and protection of nationals amid ongoing global crises.
Under the stone-cold gaze of the marble statues surrounding Pietrangeli Court, Alex Eala authored another chapter in her increasingly fearless European clay campaign—this time with a side of revenge.
Bank of the Philippine Islands (BPI) subsidiary BanKo highlighted the role of Filipino mothers in improving their families’ lives through small businesses and entrepreneurship.
Top Line Business Development Corp. is moving beyond traditional fuel retailing as it prepares to roll out electric vehicle charging and battery-swapping stations across parts of Cebu, signaling how fuel retailers are beginning to adapt to the Philippines’ slowly expanding EV market.