Jollibee to Bring South Korea's Compose Coffee to Philippines
Jollibee Foods Corp. is planning to introduce South Korea's Compose Coffee to the Philippines as part of its strategy to expand its global coffee portfolio after strong 2025 results.
Category : Business
Cebu Pacific Passenger Traffic Up 6.2% in Jan 2026
Cebu Air Inc., operator of Cebu Pacific, reported a 6.2% year-on-year increase in passenger traffic to 2.73 million in January 2026, driven by holiday demand and higher seat capacity.
Silent Erosion of Leadership in Family Enterprises
In family-owned businesses, succession often fails quietly as successors inherit authority without earning leadership. Entitlement and lack of challenge undermine capability, risking long-term viability. True leadership demands exposure to consequences an
Jollibee Opens Largest Multi-Brand Commissary in Danao, Cebu
Jollibee Group launches its first state-of-the-art, multi-brand commissary in Danao, Cebu, boosting supply chain efficiency and creating hundreds of jobs in Visayas and Mindanao.
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DOLE Releases Chinese New Year 2026 Holiday Pay Rules
The Department of Labor and Employment has mandated specific wage rules for February 17, 2026, a special non-working day for Chinese New Year, including 30% to 50% additional pay for employees who work.
San Fernando Water District Removes VAT on Bills Retroactively
The City of San Fernando Water District announces retroactive removal of 12% VAT on water bills starting November 18, 2025, with refunds applied as advance payments to customer accounts.
Business Group Calls for NLEX Connector Road Completion
The Pampanga Business Circle has urged authorities to finish a connector road to the North Luzon Expressway to alleviate severe traffic congestion near the Mexico Toll Plaza.
DOLE Pay Rules for Chinese New Year, Job Security Reminder
Private sector employees working on Chinese New Year are entitled to a 30% wage premium. DOLE also emphasizes that workers cannot be dismissed without valid legal grounds, outlining protections and dispute resolution options.
Fuel Price Hike: Gasoline Up P1.20, Diesel P0.60 per Liter
Major oil companies announce a new round of fuel price increases effective Tuesday, February 17, 2026, with gasoline rising by P1.20 per liter and diesel and kerosene by P0.60 per liter.
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Bacolod Job Fair Draws 3,653 Applicants, 46 Hired Immediately
The Valentine's Day Job Fair in Bacolod City saw 3,653 jobseekers participate, with 46 hired on the spot. Organized by Peso-Bacolod and DOLE, the event featured 70 companies offering diverse employment opportunities.
Sixth Straight Week of Fuel Price Increases Announced
Oil companies have announced another round of fuel price hikes, with gasoline rising by PHP1.20 per liter, diesel and kerosene by PHP0.60 per liter, marking the sixth consecutive weekly increase due to global supply concerns.
NFA Overhauls Rice Auction System for Faster Process
The National Food Authority is implementing adjustments to its rice auction system to accelerate bidding cycles, increase participation, and improve overall efficiency for 2026 operations.
Lapu-Lapu Job Fair Hires Over 300 On-the-Spot in 2026 Event
The Lapu-Lapu City government's Pre-Valentine's Day Job Fair 2026 resulted in over 300 applicants hired immediately, with 323 securing urgent jobs from 1,469 vacancies across 23 companies.
Cebu Transit Delays: CBRT Stalls, Subway Hopes Amid Funding Crisis
The Cebu Bus Rapid Transit project faces a 12-year delay and World Bank withdrawal, while a proposed Metro Cebu Subway offers hope but raises feasibility questions.
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FAST Logistics Advocates Forward Stocking for Supply Chain Resilience
FAST Logistics Group calls on Philippine businesses to implement a Forward Stocking Strategy, positioning inventory closer to customers to combat typhoon disruptions and infrastructure challenges.
Lapu-Lapu Job Fair: 323 Hired on the Spot in Pre-Valentine Event
A Pre-Valentine's Day job fair in Lapu-Lapu City resulted in 323 out of 744 applicants being hired immediately, with Mayor Cindi Chan praising its impact on families and Peso highlighting employer participation.
ASEAN Travel Exchange in Cebu Yields P1.44B Sales Leads
The ASEAN Travel Exchange 2026 in Cebu attracted nearly 300 international buyers, resulting in P1.44 billion in initial sales leads and reinforcing the Philippines' role as a key tourism hub in Southeast Asia.
Private Wealth Investors Shift to Selective Strategy for 2026
Metropolitan Bank & Trust Co. reports high-net-worth clients are focusing on specific markets and assets, moving away from broad bets, with equities leading growth and alternatives gaining traction.
Quanzhou-Cebu Direct Flights Resume March 29 via Xiamen Airlines
Xiamen Airlines will restart direct flights between Quanzhou and Cebu on March 29, 2026, operating twice weekly to boost China-Philippines travel and business links amid rising demand.
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Cebu Tourism Targets India, Australia After Chinese Decline
Cebu tourism operators are intensifying efforts to attract Indian and Australian travelers to offset the sharp drop in Chinese tourists, leveraging improved air connectivity and market-specific packages.
US Importers, Consumers Paid 90% of 2025 Tariff Costs
A Federal Reserve Bank of New York study shows that nearly 90% of tariffs imposed by the Trump administration in 2025 fell on US importers and consumers, not overseas exporters.
Davao Oriental to Reopen Aliwagwag Falls Eco Park
The Provincial Government of Davao Oriental is preparing to reopen Aliwagwag Falls Eco Park, focusing on tourism revival and economic recovery in Cateel after closures due to earthquakes and COVID-19.
Japanese Shrimp Farm in Davao Uses Nanobubble Tech
ABC FARM LLC, a Japanese-led venture in Governor Generoso, Davao Oriental, plans to expand vannamei shrimp production using nanobubble technology, potentially hiring more workers and exploring grouper fish farming.
Davao Wage Review Continues Amidst Labor and Management Talks
The Regional Tripartite Wages and Productivity Board-Davao is still reviewing proposals for a potential wage increase, with no final decision yet. Recent public hearings involved labor and management discussions, but domestic workers were absent, promptin
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Valentine's Day Spending Shifts with Inflation Impact
Rising costs reshaped Valentine's Day spending in 2026, with flower vendors in Cebu seeing higher earnings due to increased prices, while chocolate purchases in Japan declined as inflation and cocoa price surges led many women to cut back on gifts.
Palay Prices Rebound After Philippines Halts Rice Imports
Farmgate prices of palay in the Philippines have started to recover following a four-month government import halt, with dry palay rising to P21.52/kg and fresh palay to P18.42/kg as of January 30, 2026, after a decline in 2024-2025 due to excessive import
Manila Subway Right-of-Way 100% Complete by June
Acting Transportation Secretary Giovanni Lopez announced that the right-of-way acquisition for the Metro Manila Subway Project is 90.92% complete and on track for full completion by June, with construction already underway at key stations.
New DMW Rules Speed Up Justice for OFWs
The Department of Migrant Workers has introduced new adjudication rules to decentralize hearings, enable electronic filing, and ensure faster case resolutions for overseas Filipino workers nationwide.
Palay Prices Rebound After Rice Import Halt in Philippines
Farmgate prices of unhusked rice in the Philippines have increased after a four-month import suspension, with the Department of Agriculture citing excessive imports as a key factor in previous price declines.
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PDIC Supports Senate Bill to Strengthen Deposit Insurance
The Philippine Deposit Insurance Corporation endorses Senate Bill No. 1667, which aims to amend its charter to enhance depositor protection and financial stability through expanded coverage and faster claims processing.
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