International news
News from wire services and other publishers.
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SRA allocates all sugar output for domestic us
The Sugar Regulatory Administration mandated that all sugar production for the 2026 to 2027 crop year will be for domestic use only due to the anticipated shortfall in sugarcane harvests.
Farm output likely contracted in Q3, decline to persist until Q1 2027
Agricultural output is expected to have contracted in the third quarter, with the decline likely to persist until the first quarter next year amid the El Niño, according to the Department of Agriculture.
Regulatory failure
The power crisis in the Visayas is the consequence of regulatory failure on the part of the Department of Energy and the Energy Regulatory Commission.
Malaysia seeks bigger share in Philippines palm oil market
Malaysia’s palm oil industry is looking to diversify its product offerings in the Philippines as it seeks to expand beyond traditional palm oil use by tapping opportunities in other sectors.
PLDT, Smart partner with Capillary for loyalty platform
PLDT Inc. and its wireless subsidiary Smart Communications Inc. (Smart) have partnered with Capillary Technologies to transform and unify their loyalty ecosystem across mobile, broadband and partner engagement platforms.
SSC appoints nominee to FPH board
The Social Security Commission has named commissioner Victor Limlingan as its nominee for election to the board of the Lopez Group’s First Philippine Holdings Corp. (FPH).
Figaro heads for PSE exit via delisting
Figaro heads for PSE exit via delisting Food and beverage company Figaro Culinary Group Inc., formerly Figaro Coffee Group Inc., is heading toward the exit as it seeks to voluntarily delist from the Philippine Stock…
Chinabank names Dee chairman emeritus, revamps leadership
China Banking Corp. has named longtime director Gilbert Dee as chairman emeritus following his resignation as vice chairman and executive director, while also implementing changes to its board committees and wealth…
Stocks plunge amid weak peso, rate hike expectations
The local stock market plunged to a fresh low in nearly 11 months amid concerns over monetary tightening and the weak peso.
Tycoons join race for 1st gas auction
Tycoons Manuel V. Pangilinan, Enrique Razon Jr., Sabin Aboitiz and Ramon Ang are throwing their energy firms into the race for the country’s first mid-merit natural gas auction.