DOST study finds promise in lemongrass, citronella oils for tilapia feed
LEMONGRASS and citronella essential oils could help improve tilapia growth and health while offering an alternative to antibiotic-based feed additives, according to research funded by the Department of Science and…
US markets are weighed down by an extended sell-off in the tech sector
A broad sell-off in technology companies pulled stocks lower on Wall Street Friday, capping off the market’s worst week since late June. The S&P 500 fell 1.1%. Its roughly 2% drop for the week wiped out its gains from…
BIR: Senior citizen discount burden to be shared among drugstores, pharmas, supermarkets
The Bureau of Internal Revenue has released new rules to make it fairer for drugstores, supermarkets, and pharmaceutical companies when they give discounts to senior citizens.
[Vantage Point] When a paycheck runs out before payday
True economic recovery means that families can reliably meet ordinary expenses, systematically repay their debts, and still retain something for unforeseen emergencies
BANGKOK, Thailand — World Bank President Ajay Banga laid out a vision on Friday for how his multilateral development giant should operate, focusing primarily on creating jobs, expanding economic opportunity and…
Gokongwei, Salazar named MAP’s top managers for 2026
JG Summit Holdings Inc. President and CEO Lance Gokongwei, and Phinma Corp. President and COO Chito Salazar have been named the 2026 Management Association of the Philippines’ (MAP) Management Persons of the Year…
Forensic accounting is an accounting approach that utilizes accounting techniques, auditing processes and investigative skills to search for evidence of financial crimes.
Amazon unveils 2 new portable AI listening devices
SAN FRANCISCO, California — Amazon unveiled two new devices on Thursday for listening to and recording people’s information throughout the day to offer calendar reminders and other artificial intelligence (AI)-driven…
UniCredit wins ECB approval to control Commerzbank
MILAN ─ UniCredit, Italy's second-largest bank, said on Thursday that the European Central Bank had authorized it to take control of Commerzbank, after a hostile takeover offer completed in July lifted its stake in the…
SUNTOWARD Tech Philippine Inc., an affiliate of Taiwanese manufacturing firm Sun Toward Tech Enterprise Co. Ltd., will begin production in the Philippines in the first quarter of 2027 after securing warehouse and…
Converge developing affordable home internet service
CONVERGE ICT Solutions is developing a household internet service priced at around P500 monthly that customers can buy off the shelf and use at home without the usual installation process, CEO Dennis Uy said. The…
Rivals by day, partners by night: JAZA on competition and collaboration
While they may be fierce rivals in their respective industries, businesses joining forces when it matters most is what makes being part of an organization like the Makati Business Club (MBC) truly special for tycoon…
PHILWEB Corp. on Friday said its investee JKS Tech Solutions has secured an exclusive partnership with international gaming content provider MegaWin, expanding the listed company's technology-enabled services for…
PARIS — Pernod Ricard on Thursday reported a smaller-than-expected 0.9-percent drop in sales for the first quarter (Q1) of its 2027 fiscal year, impacted by weak demand and destocking in China and the United States…
President Marcos has appointed finance and investment veteran Victor Alfonso Limlingan as the new president and chief executive officer of the Social Security System (SSS), with priorities including expanding member…
NEW YORK/SEOUL — South Korea’s SK Hynix is seeking approval from Washington to export US chipmaking equipment to China to increase production there as a condition for building a factory in the US, two people familiar…
FINANCE Secretary Frederick Go is seeking lower remittance costs for overseas Filipino workers (OFWs), as the government explores ways to make international money transfers more affordable and transparent. Go met with…
THE Philippines’ rice imports reached 4.07 million metric tons (MT) ahead of El Niño, data from the Bureau of Plant Industry showed on Friday. As of Oct. 1, rice imports totaled 4.07 million MT, a 20.06-percent jump…
THE Philippine peso recovered against the US dollar on Friday after hitting a record low during the session, while local stocks rallied on bargain hunting and easing global bond yields. The peso closed at P62.985 per…
Gokongwei, Salazar named Management Persons of the Year
Tycoon Lance Gokongwei and Phinma Corp. president and COO Chito Salazar have been selected as recipients of the prestigious MAP Management Persons of the Year 2026 award.
DA bucks auction, says seized rice should go to DSWD
AGRICULTURE Secretary Francisco Tiu Laurel Jr. opposed the move to auction off the seized Vietnamese rice shipment from MV Tay Son 2, adding that it should instead be donated to the Department of Social Welfare and…
World economy’s ‘resilience’ surprising, says Fed’s Warsh
BANGKOK, Thailand — US Federal Reserve boss Kevin Warsh said Friday the global economy had shown unexpected resilience against strong economic shocks, as central banks battle surging inflation, while rich countries…
The Department of Finance (DOF) and the World Bank have agreed to work together to speed up the processing of financing for development projects in the Philippines.
TODAY’s guest columnist is Naomi Soriano, the new convenor for Commuters 4 Change. She bridges research and design to advance public transportation reforms. Local government units (LGUs) know their commuting environment…
THE Bangko Sentral ng Pilipinas (BSP) has warned against scammers posing as its officials and employees to solicit money, supposedly to release or recover funds or support charitable activities. In an advisory, the…
IN Mindanao, business often begins with a simple question: “Makasaligan ba?” Can this person be trusted? For many entrepreneurs, trust is built through everyday dealings: a supplier who delivers on time, a customer who…
CONCREAT Holdings Philippines (CHP) said in a media release that it recovers and reuses about 50 million liters of water a year at its two cement plants, reducing freshwater use and wastewater from manufacturing. The…
AboitizPower unit to power Breadwinners commissary
ABOITIZ Power Corp. (AboitizPower) said on Friday that its retail electricity supply unit, AdventEnergy, had signed a supply contract with Breadwinners Foods Corp., the company behind homegrown neighborhood bakery chain…
ACEN Corp. said on Friday that it had injected P2 billion in fresh funding to wholly owned subsidiary Giga Ace 8 Inc. to help it finance the construction of an integrated solar project in Zambales. ACEN previously…
GLOBAL demand for electric vehicles (EVs) fell 2 percent in September, ending six consecutive months of growth, as record sales in Europe were not enough to offset sharp declines in North America and China, data from…
SKYDANCE’S CNN, the Financial Times, Axios and other publishers joined Google’s artificial intelligence (AI) news program to license their content for generative AI features and explore ways to drive audience…
THE world’s coastal landscapes are at a critical turning point. As highlighted in The State of the World’s Mangroves 2026 report, decades of mangrove decline are showing signs of reversal in some regions. While global…
STOCKHOLM — Volvo Cars is expanding its partnership with Nvidia to develop a new generation of driver-assistance and automated-driving technology, the companies said on Thursday, as carmakers race to bring increasingly…
Livelihood programs that protect the Sierra Madre forests
AT Sitio Ilas, Barangay Puray in Montalban, Rizal, an area within the Angat Watershed Forest Reserve (AWFR), up to 50 trees are cut each day. The families in the area engage in pangkakahoy because of pressing income…
THE Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) is updating its agricultural biotechnology training module to help local government officials make informed decisions and…
FAST-FOOD chain KFC on Thursday signed Coca-Cola as its beverage partner for US stores, bringing to a close a relationship with PepsiCo that dates back about four decades. The loss of the beverage partnership with KFC…
KFC ditches Pepsi, picks Coke as US soda supplierFAST-FOOD chain KFC on Thursday signed Coca-Cola as its beverage partner for US stores, bringing to a close a relationship with PepsiCo that dates back about four decades. The loss of the beverage partnership with KFC, which has 3,718 US locations, could be a setback for PepsiCo as it works to improve soda sales in the country, while its snacks business grapples with high prices and a shift to healthier options. Higher costs have also added to concerns for PepsiCo CEO Ramon Laguarta, who said earlier this month that growth and margin recovery was taking longer than planned. The partnership began when PepsiCo acquired KFC in a bid to expand into food and snacks. While PepsiCo later spun off KFC in 1997, it continued to be a beverage partner for its parent Yum Brands. “It is just a bad look for PepsiCo ... when you lose a big-name brand partner like that. This could be the optical straw that breaks the camel’s back,” said Jay Woods, chief market strategist at Freedom Capital Markets. “It is very rare that you have two giants in the same industry take such a different turn,” he said. Freedom Capital Markets holds shares in Coca-Cola. PepsiCo is also under scrutiny from activist investor Elliott Investment Management, which disclosed a stake in the company last year, and has asked it to sell underperforming assets and improve its performance in North America. Yum Brands and PepsiCo just renewed agreements across Taco Bell and KFC International stores, a spokesman for PepsiCo told Reuters. Taco Bell is a 10-year agreement, they said. PepsiCo has beverage partner agreements at sandwich chains Subway and Jersey Mike’s Subs. It also runs the soda fountain at Pizza Hut, which left the Yum Brands umbrella only this year and switched to PepsiCo from Coca-Cola in 2011. In 2012, PepsiCo lost Dunkin to Coca-Cola after a five-year run at the donut chain. Coca-Cola products will be available at KFC US restaurants by spring 2027, the company said. Financial details of the partnership were not disclosed. Coca-Cola is a long-standing beverage partner at burger chains McDonald’s and Wendy’s. The Wall Street Journal first reported the news on Thursday, citing people familiar with the matter. reuters
FAST-FOOD chain KFC on Thursday signed Coca-Cola as its beverage partner for US stores, bringing to a close a relationship with PepsiCo that dates back about four decades. The loss of the beverage partnership with KFC…