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News from Philippines
Metrobank foundations give P75 million to social groups
Metrobank Foundation Inc. (MBFI) and GT Foundation Inc. (GTFI) have provided a total of P75 million in grants …
Peso hits fifth record low in six sessions
The peso fell to a fresh record-low close of P62.590 per US dollar on Friday, down 7 centavos, or 0.11 percent…
SM Supermalls evolves for the next generation of customers
SM Supermalls delivered record revenues in the first half the year, expanding eight percent to P41.8 billion f…
Peso closes at new record low of P62.59 vs dollar
MANILA, Philippines — The Philippine peso closed at a new record low of P62.59 against the US dollar on Friday…
Stage set for GCash’s record P92.3B IPO, October 20 listing eyed
The shares will be offered from October 6 to 12, with Mynt targeting an October 20 debut on the Philippine Sto…
ALI mall makeover pushes occupancy to 90%
Ayala Land Inc. boosts its flagship mall performance as a major makeover pushes occupancy to 90% in the first …
Inflation eases for 4th straight month, but stays above BSP target
Headline inflation eased for a fourth consecutive month to 6.1 percent in August, falling within the Bangko Se…
GCash’s P92-B blockbuster IPO gets SEC nod
GCash operator Mynt Inc. has secured SEC approval for its P92.32-billion IPO, paving the way for the blockbust…
Taiwan tech eyes Philippine island power market
Taiwanese tech firms are targeting the Philippines’ off-grid island power market with battery energy storage a…
DMCI Mining vows above compliance in mine rehab
DMCI Mining says it is going beyond compliance in rehabilitating its former Berong nickel mine in Palawan, wit…
Primelectric eyes PEZA power expansion
Primelectric Holdings Inc. partners with the Philippine Economic Zone Authority (PEZA) to explore expanding po…
Fuel prices seen surging by up to P5/L
Fuel prices in the Philippines are projected to surge next week, with diesel seen rising by up to P5 per liter…
30 Samsung suppliers eye Philippine expansion
Around 30 Tier 1 suppliers of Samsung Electro-Mechanics are expected to visit the Philippines in October to as…
BCDA updates Capas census ahead of Clark manufacturing park
BCDA and NCIP are updating the community census in Capas, Tarlac as preparations advance for the proposed Clar…
Inflation eases to 6.1% as rice prices surge
Philippine inflation eased to 6.1 percent in August, but rice prices accelerated and flooding could affect veg…
[In This Economy] Should Filipinos’ ‘consumption culture’ be blamed for the weak peso?
BSP Governor Eli Remolona did not say that consumption is the enemy. Instead, the underlying message is that o…
Inflation slightly cools to 6.1% in August 2026
(1st UPDATE) Though inflation remains on a downward trend, price pressures persist as rice and fuel prices rem…
DENR steps up tech use to protect forests, watersheds
THE Department of Environment and Natural Resources (DENR) has ordered its field offices and enforcement units…
Campbell's forecasts annual sales below estimates
CAMPBELL'S issued annual forecasts below estimates on Thursday, grappling with weak demand for its pricier sna…
Megawide seen shifting to housing-led earnings
MEGAWIDE Construction Corp. is poised to shift toward a more predictable, housing-led earnings model as its pa…
Aboitiz, GCash to plant 1M trees in Cebu
ABOITIZ Foundation and GCash have partnered to restore 1,200 hectares of degraded land and plant 1 million tre…
American Airlines boosts premium seating on 777 jets
CHICAGO — American Airlines is adding more premium seats to its Boeing 777-300ER planes used on long-haul rout…
Thomson Reuters detects cybersecurity incident
A UNIT of Thomson Reuters detected a cybersecurity incident in 11 US states, the US Virgin Islands and Canada …
AI firm Moonshot files for Hong Kong IPO
HONG KONG ─ Chinese AI startup Moonshot has confidentially filed for a Hong Kong initial public offering, join…
7-Eleven PH operator to open 5,000th store
PHILIPPINE Seven Corp. (PSC), the exclusive license holder of the 7-Eleven convenience store chain in the coun…
OpenAI begins rollout of new powerful AI model GPT-6 Astra
ChatGPT maker OpenAI said Thursday it would begin rolling out its newest and most powerful artificial intellig…
PH tax collections weak compared to peers
TAX collections in the Philippines have remained weaker than in most other economies in the region as slower e…
Fed: Outlook ‘positive’ but uncertainty higher
WASHINGTON, United States — The US Federal Reserve on Wednesday flagged that while the country’s general econo…
Peso gains but stays in P62 to $1 territory
THE peso regained some ground on Thursday, ending a run of four straight record lows, and the stock market als…
Agri-industrialization
A CRITICAL issue confronting the Philippine economy today is identifying future drivers of expansion to sustai…
COL Financial Group, Inc. Notice of Special Stockholders' Meeting
COL Financial Group, Inc. Notice of Special Stockholders' Meeting — Daily Tribune
What makes a good leader?
Students across NCR gather at SM MOA Music Hall for Global Youth Summit with SM Cares Global Peace Foundation …
DA eyeing use of Chinese smart farming techniques
THE Department of Agriculture (DA) is looking to adopt China’s smart farming technologies, as the Philippines …
Rising interest rates and floodwaters
IN the past week, we experienced two kinds of rising pressure: interest rates and floodwaters. The Bangko Sent…
$60B needed to tap geothermal resources
LIPA, Batangas — The Philippines may need about $60 billion in investments to explore and fully tap its estima…
Supplemental rules set for 60,000 MT fish imports
THE Department of Agriculture (DA) has issued supplemental guidelines for the allocation and distribution of 6…
DoF begins progress on ProGRESS bill
DOF starts nationwide consultations on ProGRESS bill — promotes Growth Revenue Equity toward Socioeconomic Sus…
PAL adds capacity for global push
Philippine Airlines (PAL) is adding capacity for its international expansion with the arrival of another Airbu…
ACEN streamlines, shuts down non-operating units
ACEN Corp. on Thursday said that it had approved the dissolution of 12 subsidiaries as well as the sale of thr…
NG debt hits record P19.4T
CONTINUED borrowings and a weaker peso drove the national government’s (NG) outstanding debt to a new record h…