Economy

PH economy continues to lose steam, further slowed in Q3 to 2.1%
Nov 10, 2026

PH economy continues to lose steam, further slowed in Q3 to 2.1%

MANILA, Philippines — Philippine economic growth decelerated for the fifth straight quarter to 2.1 percent at the end of September amid persistently weak household spending and investment. The latest ...

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High prices chip away at trust in PH firms
Nov 10, 2026

High prices chip away at trust in PH firms

MANILA, Philippines — Soaring prices, unclear fees and hidden charges are among Filipinos’ main reasons for distrusting businesses, a new study showed, which also found that public confidence in the P...

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PSEi drops to 5,600 level on weak Q3 growth
Nov 10, 2026

PSEi drops to 5,600 level on weak Q3 growth

MANILA, Philippines — The local bourse welcomed the trading week in the red as the Philippine economy weakened further in the third quarter. The Philippine Stock Exchange Index (PSEi) dropped by 1.46 ...

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Heavy rains, high inflation pull down Wilcon profit
Nov 10, 2026

Heavy rains, high inflation pull down Wilcon profit

MANILA, Philippines — Wilcon Depot Inc., a listed home improvement retailer, saw a weaker bottom line in the first nine months, as heavy rains and high inflation dampened its operations last quarter. ...

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SM Prime 9-month income slips 5%
Nov 10, 2026

SM Prime 9-month income slips 5%

MANILA, Philippines — SM Prime Holdings Inc. is not slowing down on its investments for next year, with capital expenditures seen reaching up to P100 billion, despite macroeconomic challenges that wea...

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DA bans pork imports for 2 months to shield hog raisers
Nov 10, 2026

DA bans pork imports for 2 months to shield hog raisers

MANILA, Philippines — The Department of Agriculture (DA) imposed a two-month import ban over the weekend, likely extending it, to provide local raisers with a fair chance amid depressed farm-gate pric...

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Converge keeps growth outlook despite headwinds
Nov 10, 2026

Converge keeps growth outlook despite headwinds

MANILA, Philippines — Converge ICT Solutions Inc. still expects its revenues to grow this year despite soaring inflation and other economic headwinds slowing subscriber growth, particularly among lowe...

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Aurora ecozone seeks US funding for projects
Nov 10, 2026

Aurora ecozone seeks US funding for projects

MANILA, Philippines — The Aurora Pacific Economic Zone and Freeport Authority (Apeco) is taking its first step toward securing US government funding for its planned infrastructure projects, including ...

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Growth, capital allocation, returns mark 2027 strategic roadmap for Ayala Land
Nov 10, 2026

Growth, capital allocation, returns mark 2027 strategic roadmap for Ayala Land

Ayala Land Inc. has outlined its strategic priorities entering 2027, establishing an operational roadmap centered on targeted expansion, active capital recycling, and balance sheet discipline....

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Expanding Brunei’s Revenue Base – Insights from the ASEAN+3 Macroeconomic Research Office
Nov 10, 2026

Expanding Brunei’s Revenue Base – Insights from the ASEAN+3 Macroeconomic Research Office

Brunei’s fiscal dependency on oil and gas highlights the need for revenue diversification. Inspired by GCC reforms, Brunei aims to broaden its tax base, enhancing fiscal stability. Brunei’s Fiscal Sen...

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