Jollibee Foods Corporation is preparing for a major milestone in its global growth journey, announcing plans to create a standalone international business that it intends to list on a U.S. securities exchange, while keeping its Philippine operations listed on the Philippine Stock Exchange. Under the proposed structure, Jollibee’s domestic and international businesses will operate as…
Senate Finance Committee Chair Senator Sherwin Gatchalian said Tuesday that the 2026 national budget will provide support to address the shortage of teaching personnel in public schools. He noted that a record P1.35-trillion allocation for education aims to tackle long-standing challenges while continuing reforms, including the expansion of student feeding programs. The Department of Education…
A commanding early surge was not enough to carry the Meralco Bolts through Game 1 of their PBA Philippine Cup semifinal series, as head coach Luigi Trillo pointed to defensive lapses and mounting foul trouble that allowed the TNT Tropang 5G to claw their way back into contention. Meralco burst out of the gates with…
Authorities have imposed a temporary ban on harvesting and consuming shellfish in Leyte town, Leyte province, after samples from the area tested positive for paralytic shellfish toxin. The Bureau of Fisheries and Aquatic Resources (BFAR) 8 advised the public to avoid gathering, selling, or eating all types of shellfish and Acetes sp., locally known as…
ICCP President Manny Ocampo Proposed amendments by the Securities and Exchange Commission to the rules governing Real Estate Investment Trusts (REITs), which would allow infrastructure assets to be included in the REIT framework, could unlock a fresh wave of public listings—especially as interest rates move lower—according to Investment & Capital Corporation of the Philippines (ICCP)….
Inflation quickened to 1.8 percent in December, largely driven by higher food prices, the Philippine Statistics Authority (PSA) reported on Tuesday. The December rate was faster than November’s 1.5 percent but stayed within the Bangko Sentral ng Pilipinas’ (BSP) forecast range of 1.2 to 2 percent. For the full year of 2025, average inflation slowed…
Socioeconomic planning secretary Arsenio Balisacan. Despite the positive outlook in the country’s economy and finances, which was based on last year’s developments, the government has decided to lower its economic growth targets due to continued global uncertainties and the lingering impact of a massive corruption scandal. According to socioeconomic planning secretary Arsenio Balisacan, this year’s…
GSIS president and general manager ‘Wick’ Veloso. As a fitting welcome for the Year of the Horse, the Government Service Insurance System (GSIS) will provide grants to 1,000 college freshmen for Academic Year (AY) 2026–2027 through the GSIS Subsidy for Science, Technology, Engineering and Mathematics (STEM) Program (GSSP). The initiative directly supports the government’s strategy…
LIPA CITY, Batangas — Batangas Province will soon become a major player in the country’s coconut industry through a P108.32-million coconut oil processing enterprise funded by the Department of Agriculture’s Philippine Rural Development Project (DA-PRDP). The project is the first enterprise subproject in CALABARZON to be funded under the DA-PRDP Scale-Up project, which provides targeted infrastructure,…
The Philippine government on Tuesday expressed relief and support for the Australian Federal Police (AFP) findings that the father-and-son duo behind the Bondi Beach shooting were “lone actors” who did not receive terrorist training during their recent stay in Mindanao. National Security Adviser Eduardo Año confirmed that the Australian report aligns with the Philippine government’s…