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.
Alfamart Trading Philippines, Inc., the SM Group’s minimart chain, is strengthening its nationwide retail operations through its long-running partnership with PLDT Enterprise and Smart Communications.
LG Electronics showcased its latest AI-powered home innovations at the LG InnoFest 2026 APAC event in Busan, Korea, highlighting smart and practical technologies designed for Asian households, including Filipino families.
Investment approvals at the Philippine Economic Zone Authority (PEZA) skyrocketed in April, jumping to P63.9 billion from just P4.6 billion in the same month last year. The surge was driven by 26 newly approved projects, signaling strong investor confidence in the country’s economic zones.