Economy

Nickel mining, power bolster DMCI Holdings’ 9-mo result
Nov 7, 2026

Nickel mining, power bolster DMCI Holdings’ 9-mo result

MANILA, Philippines — DMCI Holdings Inc. posted a 28-percent rise in profit during the first nine months of 2026, with its businesses driving higher earnings, particularly power and nickel mining. The...

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D&L Industries posts stronger Jan-Sept bottom line
Nov 7, 2026

D&L Industries posts stronger Jan-Sept bottom line

MANILA, Philippines — D&L Industries Inc., a listed specialty food ingredients and oleochemicals producer, is well on track for double-digit income growth this year after its diversified business segm...

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California rejects billionaire tax proposal in win for executives, Newsom
Nov 7, 2026

California rejects billionaire tax proposal in win for executives, Newsom

California voters are rejecting a proposal to impose a wealth tax on billionaire residents, marking a major win for tech and business executives, who spent hundreds of millions against the measure, ac...

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Temu joins Philippine fight vs counterfeiting
Nov 7, 2026

Temu joins Philippine fight vs counterfeiting

MANILA, Philippines — Chinese e-commerce platform Temu has agreed to cooperate with the Philippines’ campaign to rid online marketplaces of counterfeit goods. Temu signed a memorandum of understanding...

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DOF seeks P724-m South Korean grant for healthcare
Nov 7, 2026

DOF seeks P724-m South Korean grant for healthcare

MANILA, Philippines — The Department of Finance (DOF) has requested a P724-million grant from the Korea International Cooperation Agency (KOICA) to fund an initiative under the broader Universal Healt...

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Fisheries slump extends to 4th year — PSA
Nov 7, 2026

Fisheries slump extends to 4th year — PSA

MANILA, Philippines — The country’s fisheries production has declined for four consecutive third quarters as various subsectors have decreased, according to data from the Philippine Statistics Authori...

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Strong Hiring Reinforces a Sturdy Job Market
Nov 6, 2026

Strong Hiring Reinforces a Sturdy Job Market

Unemployment fell in October, extending years of stability for a U.S. work force threatened by inflation and artificial intelligence....

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China–Lao PDR Launch Cross-Border e-CNY Payment Connect
Nov 6, 2026

China–Lao PDR Launch Cross-Border e-CNY Payment Connect

The People’s Bank of China and Bank of the Lao PDR launched a CBDC-enabled cross-border payment system, enhancing economic connectivity and transparent currency settlement between China and Lao PDR....

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Waters launches bid for House Financial Services chair
Nov 6, 2026

Waters launches bid for House Financial Services chair

Democratic Rep. Maxine Waters (Calif.) officially launched her bid for chair of the House Financial Services Committee on Friday, after Democrats won control of the lower chamber in the midterms.  In ...

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