US appeals court lets Trump cut billions in foreign aid
WASHINGTON — A federal appeals court on Wednesday lifted an injunction that required the US State department to continue making foreign aid payments, handing...
Chinese hotels turn to hawking food as guests tighten belts
SINGAPORE/BEIJING — Every evening, staff at Beiyuan Grand Hotel in Beijing set up street stalls selling freshly-cooked gourmet dishes trying to make up for...
WhatsApp says Russia is trying to block it
MOSCOW — WhatsApp said Russia was trying to block its services because the social media messaging app owned by Meta Platforms offered people’s right...
NG debt to breach P19 trillion in 2026
THE NATIONAL Government’s (NG) outstanding debt is projected to balloon to a record P19.06 trillion by the end of 2026, a Department of Budget and Management (DBM) document showed on Wednesday.
Double-digit funding boost proposed for education, health in 2026
THE DEPARTMENT of Budget and Management (DBM) proposed double-digit increases for the Education, Health and Transportation departments under the 2026 national budget, but reduced the allocation for the Public Works department by 12%.
USDA cuts Philippine rice import forecast due to two-month ban
PHILIPPINE RICE IMPORTS are projected to decline by 500,000 metric tons (MT) this year compared to initial projections due to the two-month import ban set to take effect in September, according to the United States Department of Agriculture (USDA).
Ayala Q2 profit rises 17% to P10.8B on banking, property
AYALA CORP. reported a 17% increase in second-quarter (Q2) attributable net income to P10.76 billion from P9.21 billion a year ago, supported by higher...
GT Capital Q2 profit surges 39% to P9.28B on banking, auto gains
TY-LED conglomerate GT Capital Holdings, Inc. saw a 39% increase in its second-quarter (Q2) attributable net income to P9.28 billion from P6.67 billion last...
Yuchengco-led HI sets P22-B capex for 2025-2026 expansion
YUCHENGCO-LED holding company House of Investments, Inc. (HI) has allocated P22 billion in capital expenditures (capex) for 2025 and 2026 to fund expansion across...
Term deposit yields slip on bets of more BSP cuts
YIELDS on term deposits went down on Wednesday on expectations of further policy easing by the Bangko Sentral ng Pilipinas (BSP) amid benign inflation.
The...
From screen to stomach: Food content creator opens restaurant
MARTIN NARISMA, best known for his work as food editor with The Fat Kid Inside Studio’s Featr channel, opened a restaurant earlier this year....
Security Bank Q2 profit climbs to P3.04 billion
SECURITY Bank Corp.’s net income rose by 7.85% year on year in the second quarter on the back of double-digit revenue growth.
The bank’s net...