Signal No. 5 up in Catanduanes, nearby areas as Super Typhoon Uwan further strengthens
The state weather bureau on Sunday morning raised tropical cyclone wind signal No. 5 over Catanduanes and nearby areas as Super Typhoon Fung Wong,...
Philippine growth slows sharply in Q3 as ‘shocking’ corruption scandal dents confidence
MANILA — The Philippines' economic growth slowed sharply in the third quarter, missing market expectations, as a "shocking" corruption scandal linked to government infrastructure...
Agriculture output growth slows to 2.8% as livestock, fisheries drag
Agricultural output growth slowed to 2.8% year-on-year by value in the third quarter, with strong crop production helping offset significant drops in livestock and...
Philippine jobless rate creeps up as disasters hit hiring
The Philippines’ unemployment rate rose to 3.8% in September from a year earlier, signaling a fragile labor recovery as natural disasters disrupted hiring ahead...
Philippine annual inflation at 1.7% in October
MANILA - Philippine annual inflation stood at 1.7% in October, unchanged from the previous month, the statistics agency said on Wednesday.
Last month's inflation was...
Zobel de Ayala, Aragon-GoBio among Forbes Asia’s 2025 Power Businesswomen
Two Filipinas have been named to Forbes Asia’s 2025 Power Businesswomen list, which recognizes 20 female leaders reshaping the region’s corporate landscape.
Ayala Corp. Managing...
Metrobank posts record nine-month net profit
METROPOLITAN Bank & Trust Co. (Metrobank) booked a record nine-month net income, backed by strong loan growth that drove its net interest earnings.
The bank's...
Philippine factory activity rebounds in October despite drop in new orders, output
Philippine factory activity bounced back in October, despite a drop in new orders and production, S&P Global said.
The S&P Global Philippines Manufacturing Purchasing Managers’...
Marcos extends rice import ban through year-end to support farmers
Philippine President Ferdinand R. Marcos, Jr. has approved an extension of the country’s rice import ban until year-end to help stabilize farmgate prices for...
AboitizPower to acquire 25% stake in Vietnam power plant
Aboitiz Power Corp. (AboitizPower) said on Thursday that it will acquire a 25% equity stake in Vietnam’s Van Phong Power Co. Ltd. (VPCL) from...
Ayala Land raises P15 billion from sustainability-linked bonds
Ayala Land, Inc. (ALI) has raised P15 billion from the issuance of sustainability-linked bonds (SLBs), the fourth tranche under its P50-billion debt securities program.
The...
Marcos signs bill banning POGOs
President Ferdinand R. Marcos, Jr. has signed a measure banning all Philippine Offshore Gaming Operators (POGOs), citing links to money laundering and human rights...