The Manila Times · Business

Unemployment edges up

JOB creation failed to keep pace with the growing labor force in September, leaving 909,000 more Filipinos unemployed, thus pushing the jobless population to 2.86 million, the Philippine Statistics Authority (PSA) said…

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GMA News Online · Business

Palace admits AI may displace workers, but highlights new opportunities

While job loss is possible due to artificial intelligence (AI), the technology could also bring new opportunities for Filipinos, according to Malacañang on Friday.

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Rappler · Business

Solar for whom? What Philippines can learn from Pakistan’s rooftop boom

As rooftop solar begins to catch on in the Philippines, Pakistan shows why the country must make sure the boom reaches more Filipinos without leaving the power grid struggling to keep up

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Rappler · Business

A nuclear reactor inside Pax Silica? DOE says it’s an option

Beyond the nuclear question, critics warn that a Pax Silica deal should be studied well to prevent any exploitative arrangements reminiscent of the Philippines’ colonial past

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The Manila Times · Business

Peso weakens slightly to P63:$1

The peso weakened slightly against the US dollar on Friday, giving up some of its gains from the previous session to close at the P63:$1 level. The local currency depreciated by 8.5 centavos to close at P63.055 from…

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The Manila Times · Business

Wendy's rejects buyout bid and girds itself for a hostile takeover campaign

Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low and didn't take into account the company's long-term earnings potential under its new CEO. The Dublin…

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GMA News Online · Business

Peso retreats back to P63:$1; PSEi falls to 5,761.95

Philippine financial markets ended the trading week on a negative note, with the peso retreating back to the P63:$1 level, and local shares edging lower.

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The Manila Times · Business

Developing countries' debt hit record $9.4 trillion in 2025 – World Bank

WASHINGTON, D.C. — The external debt of developing countries in 2025 jumped at its fastest pace since the pandemic, the World Bank said on Thursday, hitting a record $9.4 trillion. Most of the increase was driven by…

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Philstar · Business

Melco Resorts Philippines Foundation donates P24.8M to equip new Philippine Red Cross Center

Melco Resorts (Philippines) Foundation donates P24.8 million worth of medical and non-medical equipment to the Philippine Red Cross (PRC) in Cavite.

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Philstar · Business

DOT, GCASH sign MOU to expand cashless payments among accredited tourism MSMEs

GCash tools and training to help local merchants welcome cashless payments from Filipino and foreign travelers

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GMA News Online · Business

From loans to equity stakes: Maharlika's investments so far

From providing loans to businesses to acquiring stakes in local companies, Maharlika Investment Corp. (MIC) -- which manages the Philippine sovereign wealth fund -- has deployed its capital across various sectors of the…

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Philstar · Business

Anthropic may need to cut $1.5-T IPO goal as investors balk: report

Investors are pushing back on the AI firm's planned valuation.

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GMA News Online · Business

DOLE bats for better job matching, youth employability

The Department of Labor and Employment (DOLE) said that while there were some gains in the job market, more opportunities are needed after unemployment rate uptick.

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Philstar · Business

Universal Robina in Q3: Earnings accelerate on margin recover

Universal Robina's quarterly core profit rose 21% as international and flour businesses supported improving margins.

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The Manila Times · Business

'Grand Theft Auto' set for blockbuster return after 13 years

PARIS — Fans of the violent "Grand Theft Auto" video game franchise are just two weeks away from getting their hands on the latest edition, which has taken almost a decade to make and has become the most expensive title…

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GMA News Online · Business

PH manufacturing growth accelerates to 9% in September 2026

Philippine manufacturing growth quickened for the second straight month in September, driven by faster output growth in petroleum products, basic metals, and transport equipment, government data released on Friday…

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Philstar · Business

Tech security startup gets top prize at AI pitch tilt

An Indonesian startup emerged to receive the first prize at the Korea-ASEAN AI Youth Festa 2026.

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Philstar · Business

Fuel price rollbacks seen after Democrat wave in US midterms

Rollbacks are expected for gasoline, diesel and kerosene next week as the price of fuel continues to drop in the world market.

Read on Philstar →Reports differ →
Rappler · Business

Unemployment edges up to 5.4% in September 2026

Part of the increase in unemployment is due to job creation lagging behind a growing pool of workers

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Philstar · Business

Fuel price rollbacks seen after Democratic sweep of US midterms

Rollbacks are expected for gasoline, diesel and kerosene next week as the price of fuel continues to drop in the world market.

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Philstar · Business

Alibaba brings Cloud and AI to the first Youth Olympic Games in Africa

Alibaba Group, in partnership with the International Olympic Committee (IOC) and the Dakar 2026 Organizing Committee, will power the Summer Youth Olympic Games Dakar 2026 (Dakar 2026).

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GMA News Online · Business

Pump price rollbacks of up to P14 per liter seen next week

Motorists may expect significant rollbacks in fuel prices next week, with gasoline prices projected to drop by as much as P14 per liter, the Department of Energy (DOE) said Friday.

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GMA News Online · Business

PH unemployment climbs to 5.4% in September 2026, jobless Filipinos at 2.86M

The number of jobless Filipinos rose to 2.86 million in September 2026, bringing the country"s unemployment rate to 5.4%, data released by the Philippine Statistics Authority (PSA) on Friday showed.

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Rappler · Business

[Puso at Diwa] Wanted: Integrity dividend

The Philippines does not need another political savior. It needs an integrity dividend.

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GMA News Online · Business

Ayala Land builds resilience as recurring income gains ground

Ayala Land Inc. is strengthening its recurring-income businesses as a growing source of stability amid economic headwinds and challenges in the property sector, with leasing and hospitality revenues rising 8% to P37.8…

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Rappler · Business

[Market Rider] Essential market insights on the recent GCash IPO

This newly proven playbook for market absorption could serve heavily as market strategies for upcoming mega-public offerings

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The Manila Times · Business

Chinabank profit grows to P22.6B as of end-Sept

CHINA Banking Corp. (Chinabank) recorded a 12-percent increase in consolidated net income to P22.6 billion in the first nine months of 2026 from P20.2 billion a year earlier, supported by stronger lending activity and…

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The Manila Times · Business

Metrobank nine-month net slightly lower at P36.3B

METROPOLITAN Bank & Trust Co. (Metrobank) on Thursday posted a 2.7-percent decline in net income to P36.3 billion in the first nine months of 2026, from P37.3 billion a year earlier, as higher expenses offset stronger…

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Philstar · Business

AI-powered noise cancellation for calls highlights pioneering 'PureVoice' service

Smart Infinity is enhancing the calling experience for its members with the launch of PureVoice, a pioneering service that uses artificial intelligence (AI) noise cancellation to filter out background noise during calls.

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The Manila Times · Business

DM Wenceslao 9-month income slips to P1.25B

D.M. Wenceslao and Associates Inc. (DMW) reported net income of P1.25 billion in the first nine months of 2026, down 10.7 percent from P1.4 billion a year earlier, with recurring leasing revenues continuing to support…

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The Manila Times · Business

BOI plans nationwide AI investment corridor

THE Board of Investments (BOI) is launching an initiative to connect investments in advanced technologies with critical infrastructure and international partners. Called the Super Intelligence, Knowledge, and Advanced…

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GMA News Online · Business

Nasdaq 100 eyes $1.8-trillion loss as Democratic win sparks AI delay fears

The Nasdaq 100 index was set to lose a whopping $1.8 trillion in stock value Thursday as investors feared that the Democrats' sweeping midterm victory could stall AI infrastructure expansion.

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The Manila Times · Business

DA plans mobile solar irrigation rollout ahead of El Niño peak

THE Department of Agriculture (DA) will deploy mobile solar-powered irrigation systems nationwide by December or early January next year to help protect farms from the peak of El Niño weather. Agriculture Assistant…

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The Manila Times · Business

McDonald's plans new value bundles next year

MCDONALD'S plans to introduce new value-oriented meal bundles early next year after a disappointing third quarter that saw lower traffic at US restaurants. McDonald's Chairman and CEO Chris Kempczinski said on Wednesday…

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GMA News Online · Business

Google, Meta, TikTok sue to block California youth social media law

Google, Meta Platforms and TikTok sued California to block enforcement of a new state law intended to limit the risk of addicting children under age 16 to online platforms.

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The Manila Times · Business

Prudential posts rise in Q3 new business profit

​ASIA-FOCUSED insurer Prudential reported a marginal increase in third-quarter (Q3) new business profit on Thursday, as repricing actions in Hong Kong lifted margins and helped offset a slowdown in its mainland China…

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The Manila Times · Business

Coty tops estimates on prestige brands boost

COTY beat first-quarter sales and profit estimates on Wednesday, driven by strength in key prestige brands including Marc Jacobs, Hugo Boss and Burberry, as the CoverGirl owner presses ahead with efforts to revitalize…

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Philstar · Business

MSD earns Great Place to Work certification

MSD Philippines has earned Great Place to Work® (GPTW) Certification for 2026–2027, with 90 percent of employees saying the company is a great place to work – well above the 65 percent required trust index benchmark to…

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The Manila Times · Business

Kraft Heinz to divest North America coffee unit

KRAFT Heinz said on Wednesday it would divest its North American coffee business in a deal that values the unit at $650 million, as CEO Steve Cahillane sharpens focus on its core packaged food and condiments. Consumer…

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