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PHL food service sales seen rising 10% this year

January 02, 2026

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Business World Philippines

FOOD SERVICE sales in the Philippines are projected to increase 10% in 2026 to $15.4 billion, building on the sector’s recovery to pre-pandemic levels in 2025, according to the US Department of Agriculture (USDA).

- Vonn Andrei E. Villamiel

In a report, the USDA said food service revenue in 2025 was estimated to have risen 8% to $14 billion from $13 billion in 2024. If realized, this would bring industry sales back to the levels recorded in 2019, before the COVID-19 (coronavirus disease 2019) pandemic.

For 2026, sales of full-service restaurants are projected to increase 3.23% to $2.18 billion.

المزيد من القصص من Business World Philippines

Business World Philippines

FLI focuses on bigger Laguna projects after exit from CCPC

FEDERAL LAND, INC. (FLI) said it would concentrate on bigger developments in Laguna province after the divestment of Crown Central Properties Corp. (CCPC).

time to read

1 mins

January 02, 2026

Business World Philippines

Selective accountability threatens to undercut Philippine anti-graft push

PHILIPPINE anti-corruption efforts risk losing their deterrent effect unless investigations begin to reach senior political and business figures, a failure that could further erode public trust and shape behavior within the government in the years ahead, an analyst said.

time to read

1 min

January 02, 2026

Business World Philippines

PHL firms told to prepare for rise in AI-driven scams

PHILIPPINE ORGANIZATIONS face a higher risk of scams driven by artificial intelligence (AI) this year and should strengthen intelligence-led cybersecurity and employee awareness to limit exposure, according to Trend Micro.

time to read

1 mins

January 02, 2026

Business World Philippines

Easing bank secrecy law likely to boost Philippines' efforts vs financial crimes

THE PROPOSED AMENDMENTS to the country's decades-old bank secrecy law would be a sensible preemptive measure against illicit financial activities, despite being limited to bank officers and employees.

time to read

3 mins

January 02, 2026

Business World Philippines

Business World Philippines

White corn gives Cagayan farmers a lifeline after years of debt and flood losses

CAGAYAN — For decades, Crecencia B. Garan planted yellow corn in the river plains of Alcala, Cagayan — only to watch most of her earnings circle back to the middlemen who financed her inputs.

time to read

2 mins

January 02, 2026

Business World Philippines

Balance of CARS program funding worth P3.99 billion due for release this year – BoI

THE Board of Investments (BoI) said it expects to fulfill its remaining P3.99-billion obligation to fund the Comprehensive Automotive Resurgence Strategy (CARS) program within the year.

time to read

1 min

January 02, 2026

Business World Philippines

SEC warns investors against Adscent International

THE Securities and Exchange Commission (SEC) has warned the public against Adscent International, saying it is promoting investment schemes that promise unusually high returns over short periods.

time to read

1 min

January 02, 2026

Business World Philippines

PSEi rebound seen this year if governance issues resolved

THE PHILIPPINE Stock Exchange's (PSE) main index will most likely consolidate or move sideways this year amid continued uncertainty, according to analysts.

time to read

3 mins

January 02, 2026

Business World Philippines

Business World Philippines

Choco Mucho signs up Eya Laure

THE CHOCO MUCHO Flying Titans have caught one of the biggest, if not the biggest, fish in the Premier Volleyball League (PVL) pool — Eya Laure.

time to read

1 min

January 02, 2026

Business World Philippines

NG borrowings surge in November

THE NATIONAL Government's (NG) gross borrowings surged in November amid a sharp rise in domestic and foreign borrowings, the Bureau of the Treasury (BTr) said.

time to read

2 mins

January 02, 2026

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