Tag: World Food Organization

A sharp contraction in palay and corn production dragged Philippine agriculture and fisheries output down 5 percent in the third quarter of 2026, outweighing gains in livestock and poultry and underscoring the uneven recovery across the country's food-producing sectors.

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.

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.

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.