Food giant Monde Nissin Corp. said Thursday it will acquire a 15 precent stake in Figaro Coffee Group Inc. for P820.3 million, equivalent to a price of P1 a share, a premium to the current market price of P0.89.
The Department of Agriculture is moving to roll out mobile solar irrigation systems to help Filipino farmers sustain crop production through the peak impacts of the El Niño weather pattern.
The Department of Agriculture (DA) is pushing to build on October’s slower food price increases, especially for the country’s poorest families, rolling out more market-focused actions to keep basic goods affordable while shielding local food production from rising costs.
Universal Robina Corporation (URC) posted ₱41.4 billion in sales for the third quarter of 2026, rising 7 percent from the same period last year and picking up pace from the first half of the year.
The nearly USD1-billion Malampaya expansion will extend by about six years the life of a gas field supplying roughly one-fifth of Luzon’s electricity requirements, giving the Philippines a crucial buffer against imported fuel dependence, volatile energy prices and potential supply disruptions.