AGP Executive Report
Last update: 11 hours agoPhilippines Food & Beverage Finance: RFM Corp. lifted H1 2026 consolidated net income 5% to ₱809M on 7% higher revenues of ₱10.49B, with gross profit up 11% to ₱3.87B, while higher overheads included one-time charges tied to its ice cream business separation. Public-Private Health Infrastructure: The UP-PGH Cancer Center Project (a 300-bed PPP hospital) failed to attract bidders, delaying a ₱6.05B plan meant to ease pressure on the national cancer referral hub. Restaurant Labor & Tech: Thailand’s restaurant sector says the worker shortage persists, but operators are leaning on tech like QR ordering as demographics push the country further into an “aged society.” Consumer Spending Pressure: Analysts warn proposed higher excise taxes on sugary drinks, e-cigarettes and alcohol could further dampen already subdued household spending. Food & Beverage Operations: URC opened a ₱2.75B manufacturing facility in Batangas to expand export capacity while supporting domestic demand. Beverage Policy: The U.S. Senate delayed a hemp THC ban until December, buying time for regulation rather than an outright prohibition.
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