Economy

Strong lending supports Chinabank’s profit growth to P22.6B
Nov 5, 2026

Strong lending supports Chinabank’s profit growth to P22.6B

MANILA, Philippines — China Banking Corp.’s (Chinabank) profit for January to September climbed 12 percent as the group continued to enjoy stronger lending activity. The Sy family-led bank reported a ...

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Naia logs 1.29-M Undas passengers, beating projection
Nov 5, 2026

Naia logs 1.29-M Undas passengers, beating projection

MANILA, Philippines — The country’s main gateway saw a busier-than-expected Undas season, with passenger traffic growing faster than expected during the nine-day travel period despite elevated airfare...

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Unilab is ASEAN’s top employer in TIME’s Asia-Pacific ranking
Nov 5, 2026

Unilab is ASEAN’s top employer in TIME’s Asia-Pacific ranking

Unilab, Inc. (Unilab), the leading and most-trusted pharmaceutical brand in the Philippines, has emerged as the highest-ranked company of ASEAN origin in TIME magazine and Statista’s Asia-Pacific’s Be...

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Managing Supply Shocks: Tools of the Central Bank, Fiscal Capacity, and Building Financial Resilience
Nov 5, 2026

Managing Supply Shocks: Tools of the Central Bank, Fiscal Capacity, and Building Financial Resilience

The policy brief covers discussions on managing supply-side shocks, highlighting challenges for monetary policy and financial resilience due to geopolitical tensions, climate change, and fiscal constr...

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High gold prices nearly double OceanaGold PH profit
Nov 5, 2026

High gold prices nearly double OceanaGold PH profit

MANILA, Philippines — Higher metal prices nearly doubled OceanaGold Philippines Inc.’s (OGP) net profit in the nine months ending September, despite lower sales and production. The local unit of Austr...

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Warren says populist economic messaging drove Democratic victories
Nov 5, 2026

Warren says populist economic messaging drove Democratic victories

Progressive Sen. Elizabeth Warren (D-Mass.) on Thursday chalked up Democrats’ resounding midterm victories to populist messaging on the economy. “Anyone seeking to understand the midterm’s lessons sho...

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Nasdaq 100 eyes $1.8-trillion loss as Democratic win sparks AI delay fears
Nov 5, 2026

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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Google, Meta, TikTok sue to block California youth social media law
Nov 5, 2026

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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DM Wenceslao 9-mo profit falls to P1.24B
Nov 5, 2026

DM Wenceslao 9-mo profit falls to P1.24B

MANILA, Philippines — D.M. Wenceslao and Associates Inc. (DMW), the developer of Aseana City, said its net income declined by 11 percent on weaker property sales and higher operating expenses. The com...

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Jesse Watters: GOP coalition 'totally collapsed'
Nov 5, 2026

Jesse Watters: GOP coalition 'totally collapsed'

Fox News’s Jesse Watters said Wednesday the Republicans’ election coalition fell apart in this year’s midterms, with Democrats winning both the House and Senate. “If you're going to make people who ar...

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