Philstar · Business
Price Tracker: Oil, fuel monitor for Nov. 10–16
Gasoline prices will drop by P16.80 per liter starting November 10, leading a major round of fuel price rollbacks.
The Manila Times · Business
Wilcon net income falls to P1.75B as of end-Sept
WILCON Depot Inc. saw net income drop 6.1 percent in the first nine months of 2026 as higher operating expenses and weaker third-quarter sales growth weighed on earnings despite continued store network expansion. The…
The Manila Times · Business
SM Prime looking to spend up to P100B next year
SM Prime Holdings Inc. plans to maintain its capital spending at around P60 billion to P80 billion in 2027, with President Jeffrey Lim saying the company could spend as much as P100 billion depending on investment…
GMA News Online · Business
Nvidia slides as CEO Huang faces board scrutiny over affair with alleged spy
Nvidia shares declined after an internal investigation into whether CEO Jensen Huang had been targeted by a foreign intelligence effort put his future at the AI chipmaker under scrutiny.
The Manila Times · Business
Apeco taps US firm to assess infra, investment needs
THE Aurora Pacific Economic Zone and Freeport Authority (Apeco), the government agency managing the Aurora ecozone, has signed an agreement with United States engineering and technical consulting firm Planate Management…
The Manila Times · Business
Megaworld touts 'strong' new office leases, renewal
MEGAWORLD Corp. said Monday that about 90 percent of its expiring office leases in the first nine months of 2026 were renewed, reflecting strong tenant retention as the property developer secured nearly 250,000 square…
Philstar · Business
Puerto Princesa showcases strategic investment prospects
The city government of Puerto Princesa presented investment opportunities in tourism, infrastructure, fisheries, real estate and commercial development at the 2026 Puerto Princesa City Investment Forum held recently at…
The Manila Times · Business
D&L: Prospects better but supply risks remain
D&L Industries Inc. is expecting a better business environment in 2027 as easing oil prices and a stronger peso offer relief from inflationary pressures, although lingering supply disruptions and a looming severe El…
The Manila Times · Business
Tech firm launches academy to train PH AI engineers
MAKATI-based technology firm Amihan Global Strategies has announced the launch of an academy to train engineers who will help Philippine businesses turn artificial intelligence (AI) projects into working systems. The…
Philstar · Business
DA lifts ban on German poultry
The Department of Agriculture has lifted its temporary ban on poultry imports from Germany after highly pathogenic avian influenza or bird flu has been resolved.
The Manila Times · Business
BP sells 49.9% stake in Indonesian petrol station venture
JAKARTA — BP has sold its entire 49.9-percent stake in an Indonesian petrol station joint venture to subsidiaries of its Indonesian partner AKR Corporindo, AKR said in a disclosure statement on Monday. Two AKR…
The Manila Times · Business
DEPDev warns ME conflict, El Niño to worsen economy
THE Department of Economy, Planning and Development (DEPDev) said the ongoing Middle East conflict, as well as the looming effect of El Niño, may further affect the country’s economy. This comes after the Philippine…
Philstar · Business
‘Low-income Pinoys scrimping on internet usage’
It is becoming harder for internet service providers to retain low-income subscribers, who are feeling the pain of the double whammy of rising prices and a weak peso.
The Manila Times · Business
NG debt-to-GDP ratio climbs to 66.9%
THE country’s debt-to-gross domestic product (GDP) ratio worsened following the disappointing third-quarter economic growth print. The national government (NG) debt-to-GDP ratio — a measure of debt sustainability…
The Manila Times · Business
DA issues 60-day ban on pork imports as farmgate prices fall
THE Department of Agriculture (DA) has issued a 60-day ban on pork imports due to falling farmgate prices that have injured the local hog industry, the agency said on Monday. The ban was made possible through the…
Philstar · Business
SM Prime profit slips as real estate sales slump
SM Prime Holdings Inc. of the Sy family plans to remain deliberate in its capital spending next year, as weaker real estate sales amid higher borrowing costs, elevated inflation and cautious consumer spending weighed on…
The Manila Times · Business
DTI says rural incomes up 41.5% due to VizMin project
THE Department of Trade and Industry (DTI) on Monday said its Rural Agro-enterprise Partnerships for Inclusive Development and Growth (Rapid Growth) Project has led to a 41.5-percent increase in annual average household…
The Manila Times · Business
BSP targets local polymer banknote production by 2027
THE Bangko Sentral ng Pilipinas (BSP) on Monday said it was targeting to begin producing polymer banknotes locally next year as it works to develop the technical expertise and operational capacity needed to reduce the…
Philstar · Business
‘Philippines bond yields to ease as BSP nears rate peak’
Government bond yields could decline over the next six to 12 months as inflation peaks and the Bangko Sentral ng Pilipinas approaches the end of its monetary tightening cycle, according to Manulife Investments…
The Manila Times · Business
EU sues IBM, two others over border system delays
THE European Union (EU) has sued IBM, French IT group Atos, and Italian defense contractor Leonardo over repeated delays in developing its new smart border system, the Financial Times (FT) reported on Monday, citing…
The Manila Times · Business
Mindanao consumers more willing to use credit - study
FILIPINOS in Mindanao are more willing to borrow or use credit for purchases than those in Luzon and the Visayas, even as confidence in financial products improves nationwide, according to credit information company…
Philstar · Business
Tech stocks crash as Blue wins
Blue has always been my favorite color.
The Manila Times · Business
Winning teams are built on trust
THIS week was unusually difficult. An illness that had struck many colleagues and friends finally caught up with me. The enforced pause gave me time to reflect on recent business dealings and the lessons that continue…
The Manila Times · Business
Converge still sees 4-6% revenue growth this year
CONVERGE ICT Solutions, Inc., on Monday, said it was keeping its revenue growth projection of around 4 to 6 percent despite inflationary pressures, as the economic environment could still improve. “We are cautiously…
Philstar · Business
Monde Nissin turns up heat amid growing international competition
Monde Nissin Corp., the publicly listed food giant behind iconic instant noodle brand Lucky Me!, is turning up the heat as Korean and Indonesian noodle brands are spicing up competition in the Philippine market.
The Manila Times · Business
Phinma nine-month profit surges to P1.16B
PHINMA Corp. saw consolidated net income surge to P1.16 billion in the first nine months of 2026 from P376.04 million a year earlier as stronger earnings from its education business helped cushion continued losses in…
The Manila Times · Business
PH economy slumps anew in Q3
THE country’s economy, as measured by the growth of gross domestic product (GDP), further slumped in the third quarter amid the lingering impact of the Middle East war and as investment sentiment remained subdued. The…
Philstar · Business
Yuchengcos, Chinese firm forge offshore wind tie-up
The Yuchengco Group has joined forces with China’s Ming Yang Smart Energy Group Ltd. to advance offshore wind developments in the Philippines, including a massive project in Luzon.
The Manila Times · Business
Nvidia probes Huang amid reports China spied on him
NEW YORK — Chip giant Nvidia’s board announced Sunday (Monday in Manila) it opened a probe into CEO and co-founder Jensen Huang after he acknowledged an affair with a woman US officials say was working for Chinese…
The Manila Times · Business
ANZ misses some expectations, sees higher rates
SYDNEY — ANZ fell short of expectations for net interest margin and net interest income on Monday, dragging on its share price, as its CEO warned that global competition for capital from AI and other sectors would keep…
Philstar · Business
Why Japan’s handrails refuse to be ordinary
If you have been to Tokyo and have seen this train station staircase, don’t think you are having a panic attack or a flashback to that modern art museum.
The Manila Times · Business
UK govt seen reducing 2030 EV sales target to 60%
THE British government is expected to cut its electric vehicle (EV) sales target for 2030 by about a quarter to around 60 percent, the Guardian reported on Sunday, citing government sources. The mandate, introduced in…
The Manila Times · Business
CTP reaches $500M deal for Vietnam firm’s assets
HANOI — CTP NV, one of Europe’s largest operators of logistics and industrial real estate, said on Monday it had agreed to acquire for $500 million all the assets in Vietnam of South-East Asia Logistics Partners, owned…
Philstar · Business
Exports seen to reach record $108 billion this year
The country’s exports of goods may hit a record-high of $108 billion this year, driven by the continued demand for electronic products, the Philippine Exporters Confederation Inc. (Philexport) said.
The Manila Times · Business
Flexible offices sustain property sector
THE flexible office sector kept the office property market afloat in the first nine months of 2026, recording a 48 percent year-on-year (YoY) increase in transactions even as demand for traditional office space…
The Manila Times · Business
China’s producer prices top forecasts in October
BEIJING — Chinese producer prices rose more than expected to hit a more than four-year high in October, official data showed on Monday, owing to surging energy costs, though consumer inflation remained below target…
Philstar · Business
Stocks plummet on slower economic growth
Share prices took a heavy beating yesterday as the country’s disappointing third quarter economic growth dampened sentiment.
The Manila Times · Business
Modernization project enhances RCBC Plaza’s mobility
A TOTAL of 51 elevators, six escalators, and the installation of the Schindler PORT Destination Control System are set to enhance mobility in the Makati-based RCBC Plaza, while further modernizing the complex. Jardine…
Philstar · Business
Ayala vows sustained investments in Philippines
Ayala Corp. has reaffirmed its commitment to continue pouring massive investments into the country as the Philippines’ oldest conglomerate marked 50 years of being publicly listed.
The Manila Times · Business
Kobelco to acquire CNH unit for $1 billion
FARM equipment manufacturer CNH Industrial said on Monday it is selling a 70-percent interest in its construction equipment business to Kobelco Construction Machinery, a unit of Japanese steel manufacturer Kobe Steel…
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