Nvidia opens probe into Huang amid reports China spied on him
AI chip behemoth Nvidia was plunged into turmoil Monday after its high-profile CEO Jensen Huang acknowledged having an affair, with reports saying US officials believe the woman was spying for China. Beijing denied the…
DA eyes approval of Korean, US ASF vaccines by 2027
The Department of Agriculture (DA) is hopeful that two more vaccines against African swine fever (ASF), developed by South Korea and the United States, will secure approval in the first half of 2027.
SEC confirms data security incident, says database intact
The Securities and Exchange Commission (SEC) on Monday said it was investigating a data security incident detected on Friday, November 6, which may have exposed individual profile information, but maintained that its…
Philippine financial markets ended Monday lower, with the benchmark stock index declining and the peso weakening as investors digested slower-than-expected economic growth data.
BPI, Globe partner to offer data-free access to banking app
The Bank of the Philippine Islands (BPI) on Monday announced a partnership with Globe Telecom Inc. and Touch Mobile (TM), both part of the Ayala Group, to allow subscribers to open the BPI app without data charges.
Cebu Pacific, PAL launch seat sales for holiday, 2027 travel
Local carriers Cebu Pacific and Philippine Airlines (PAL) have launched promotional seat sales offering discounted domestic and international fares for travelers planning holiday trips and vacations in 2027.
Sy-led property developer and mall operator SM Prime Holdings Inc. saw a 5% drop in its net income for the first nine months of the year, dragged by weaker real estate gains during the period.
DTI says no need to hoard basic necessities, prime commodities
The Department of Trade and Industry (DTI) on Monday assured the public that there is no need to panic buy basic necessities and prime commodities, as there are enough supplies to meet demand.
Telco subscribers get free access to AI tools this Christmas
One of the country’s major telecommunications companies said it is offering millions of its mobile and broadband customers free access to artificial intelligence (AI) tools this holiday season.
Globe offers subscribers free access to AI tools this Christmas 2026
Telecommunications firm Globe is offering millions of its mobile and broadband customers free access to artificial intelligence (AI) tools this holiday season through its AI Fiesta platform, as the company seeks to…
BSP eyes in-house production of polymer banknotes in 2027
The Bangko Sentral ng Pilipinas (BSP) is eyeing the production of polymer banknotes in-house by next year, in a bid to ease dependence on outsourcing amid the high demand, a top official said Monday.
No 'unusual' hike in pork prices expected for holiday season - DA
The Department of Agriculture (DA) said on Monday that there will be no “unusual” hike in prices of pork this coming Christmas season, reiterating the pork supply is more than sufficient.
SSS death benefits disbursed rise to P63.74B as of September 2026
The Social Security System (SSS) released P63.74 billion in death benefits during the first nine months of 2026, marking a 10.4% increase from the P57.74 billion in the same period last year.
Mega fuel price rollback set on Tuesday, November 10
Motorists will experience a slight sigh of relief as fuel companies will implement a price rollback on pump products starting Tuesday, November 10, the Department of Energy said Monday.
DA imposes 60-day quantitative restriction on pork imports
The Department of Agriculture (DA) has authorized a 60-day quantitative restriction on the importation selected pork cuts as the influx of imported meat has damaged the local hog industry.
The Philippine economy grew by 2.1% in the third quarter of 2026, slower than the revised 2.4% expansion recorded in the previous quarter, the Philippine Statistics Authority (PSA) said Monday.
Safeguards sought to keep homeownership within reach amid rising borrowing costs
The Bangko Sentral ng Pilipinas’ recent 50-basis-point interest rate hike to 5.50% could further push homeownership out of reach for Filipino families, especially as credit terms tighten amid growing risks of…
Democrats plan probes of Musk, Miller, corporate America after midterm rout
Investigations will focus on Elon Musk’s involvement in the Department of Government Efficiency's firing of federal workers in 2025, and Stephen Miller’s role in US President Donald Trump’s immigration crackdown
THE Philippine stock market's recovery faces a crucial test this week as investors await third-quarter economic growth figures, with elevated inflation and interest rate concerns threatening to temper improving…
THE country’s gross international reserves (GIR) further dropped to below $100 billion in October amid efforts to smoothen peso volatility. Bangko Sentral ng Pilipinas (BSP) data showed reserves were at $97.35 billion…
PEZA, IT-BPM industry partner to attract investments
The Philippine Economic Zone Authority (PEZA) has teamed up with the Information Technology and Business Process Association of the Philippines (IBPAP) to strengthen efforts to attract investments in the information…
JAPANESE investment bank Nomura said the Bangko Sentral ng Pilipinas (BSP) could deliver another jumbo rate hike next month as worsening inflation pressures raise the need for more aggressive monetary tightening. “The…
NFA raises buying price, procurement limit for palay
THE National Food Authority ( NFA) has raised the palay buying price to P30 per kilogram and has doubled the volume it can buy from farmers to 500 bags per cropping season, the Department of Agriculture said on Sunday…
Maynilad exploring further partnerships with K-Water
Maynilad Water Services Inc. is looking to deepen its partnership with Korea Water Resources Corp. (K-Water) on future water service projects in the country.
SEC steps up investor education as digital investing expands
THE Securities and Exchange Commission (SEC) is stepping up efforts to educate Filipino investors on legitimate investment opportunities and financial scams as digital platforms make investing more accessible. The…
FOOD, aerospace, defense, energy and finance companies attended briefings staged by an Aurora Pacific Economic Zone and Freeport Authority’s (Apeco) investment mission to Canada, which drew some 120 participants to…
D&L Industries Inc., the country’s largest producer of oleochemicals and specialty plastics and food products, is seeing brighter prospects next year after the results of the recent US midterm elections.
TWENTY business, industry, labor and civil society groups backed the Department of Foreign Affairs (DFA) and its Secretary Ma. Theresa Lazaro for pursuing dialogue and cooperation with China amid disputes over the West…
THE Department of Agriculture (DA) on Sunday said it has granted the Food Terminal Inc. (FTI) a 25-year permit to use 30 hectares of government land in Tiaong, Quezon to develop and operate a mega food hub. FTI — a…
Kalinga irrigation project to ready farmers for El Niño
A NEWLY completed P30-million water impounding project in Tabuk City, Kalinga will provide irrigation for 85 hectares of farmland ahead of an expected strong El Niño, the Department of Agriculture (DA) said Saturday…
GLOBE Telecom Inc. could see its market valuation improve as it expands beyond traditional telecommunications into enterprise technology, with a joint venture with Singapore-based NCS seen offering another avenue for…